Summary

Smart parking is a modern parking solution that utilizes advanced technologies such as sensors, IoT, cloud computing, and data analytics to improve parking space management. It enables real-time tracking of parking availability, guiding drivers to open spots, and reducing the time spent searching for parking. Smart parking systems also allow for automated payments, parking reservation, and remote monitoring, providing convenience to users and optimizing space usage. By integrating with other smart city systems, smart parking helps alleviate congestion, reduce carbon emissions, and increase operational efficiency. It is designed to provide a seamless, user-friendly experience while enhancing the overall management of urban parking infrastructure.
For instance, in February 2024, Smart Parking, a leader in parking technology and services, expanded its operations into Denmark, bringing its advanced solutions to the region. This expansion allows smart parking to be supported through its SmartCloud management platform, which includes features such as enforcement workflow and compliance management, automatic number plate recognition (ANPR), and dynamic mobile applications. This expansion highlights Smart Parking's commitment to enhancing parking efficiency and infrastructure globally.
In addition, smart parking includes the growing use of IoT sensors for real-time space availability, AI-driven analytics for optimized space management, and integration with mobile apps for seamless parking experiences. Automated payment systems, electric vehicle charging stations, and enhanced data security are becoming key components of smart parking solutions.
The grow demand for IoT-based technology is fueling the growth of the smart parking market. IoT-enabled systems provide real-time monitoring, efficient space management, and seamless user experiences. These advancements reduce traffic congestion, optimize parking space usage, and offer automated solutions, making smart parking essential in urban mobility planning. Furthermore, increase in the number of vehicles, and increase in parking concerns across the globe has driven the demand for the smart parking market. However, low internet penetration in developing regions is hindering the growth of the smart parking market. Smart parking systems rely on stable internet connectivity for real-time data and IoT integration. In areas with limited access to reliable internet, these technologies struggle to function effectively, limiting adoption and market expansion. Furthermore, high implementation cost and configuration complexity is hampering the growth of the smart parking market. On the contrary, government initiatives to build smart cities worldwide present a lucrative opportunity for the smart parking market. As urban areas focus on improving infrastructure, smart parking solutions that utilize IoT, AI, and data analytics become essential. These initiatives drive demand for efficient, automated parking systems to support sustainable urban mobility.
The global Smart Parking market is segmented on the basis of component, type, system type, technology, application, end user, and region. On the basis of component, the market is bifurcated into hardware, and software. By type, the market is divided into off-street, and on street. On the basis of system type, the market is segmented into ground sensor, counter technology, and camera-based technology. By technology, the market is segmented into internet of things, ultrasonic, and RFID. On the basis of application, the market is segmented into security and surveillance, smart payment system, e-parking, and license plate recognition. By End User, the market is bifurcated into commercial, and government. Region wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The report analyzes the profiles of key players operating in the Smart Parking such as Amano McGann, Inc., IPS Group, Inc., TKH Group, SWARCO, Robert Bosch GmbH, Smart Parking Ltd, Urbiotica, S.L., Continental AG, Aisin Corporation, IEM SA. These players have adopted various strategies to increase their market penetration and strengthen their position in the Smart Parking.
Key Benefits for Stakeholders
●The study provides in-depth analysis of the global Smart Parking along with the current & future trends to illustrate the imminent investment pockets.
●Information about key drivers, restrains, & opportunities and their impact analysis on the global Smart Parking size are provided in the report.
●Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
●The quantitative analysis of the global Smart Parking from 2023 to 2033 is provided to determine the market potential.

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● 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
● Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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● Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
● Additional company profiles with specific to client's interest
● Additional country or region analysis- market size and forecast
● SWOT Analysis
Key Market Segments
By Components
● Software
● Hardware
By Type
● Off-street
● On-street
By System Type
● Ground Sensor Technology
● Counter Technology
● Camera-based Technology
By Technology
● Internet of Things (IoT)
● Ultrasonic
● RFID
By Application
● Security and surveillance
● Smart payment systems
● E-parking
● License plate recognition
By End-User
● Commercial
● Government
By Region
● North America
○ U.S.
○ Canada
○ Mexico
● Europe
○ UK
○ Germany
○ France
○ Italy
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ Australia
○ Rest of Asia-Pacific
● LAMEA
○ Latin America
○ Middle East
○ Africa
● Key Market Players
○ SWARCO
○ IPS Group, Inc.
○ IEM SA
○ TKH Group
○ Urbiotica, S.L.
○ Continental AG
○ Aisin Corporation
○ Smart Parking Ltd
○ Robert Bosch GmbH
○ Amano McGann, Inc.

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: SMART PARKING MARKET, BY COMPONENTS
4.1. Overview
4.1.1. Market size and forecast
4.2. Hardware
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Software
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: SMART PARKING MARKET, BY TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Off-street
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. On-street
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: SMART PARKING MARKET, BY SYSTEM TYPE
6.1. Overview
6.1.1. Market size and forecast
6.2. Ground Sensor Technology
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Counter Technology
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Camera-based Technology
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
CHAPTER 7: SMART PARKING MARKET, BY TECHNOLOGY
7.1. Overview
7.1.1. Market size and forecast
7.2. Internet of Things (IoT)
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. Ultrasonic
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. RFID
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
CHAPTER 8: SMART PARKING MARKET, BY APPLICATION
8.1. Overview
8.1.1. Market size and forecast
8.2. Security and surveillance
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market share analysis by country
8.3. Smart payment systems
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market share analysis by country
8.4. E-parking
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by region
8.4.3. Market share analysis by country
8.5. License plate recognition
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by region
8.5.3. Market share analysis by country
CHAPTER 9: SMART PARKING MARKET, BY END-USER
9.1. Overview
9.1.1. Market size and forecast
9.2. Commercial
9.2.1. Key market trends, growth factors and opportunities
9.2.2. Market size and forecast, by region
9.2.3. Market share analysis by country
9.3. Government
9.3.1. Key market trends, growth factors and opportunities
9.3.2. Market size and forecast, by region
9.3.3. Market share analysis by country
CHAPTER 10: SMART PARKING MARKET, BY REGION
10.1. Overview
10.1.1. Market size and forecast By Region
10.2. North America
10.2.1. Key market trends, growth factors and opportunities
10.2.2. Market size and forecast, by Components
10.2.3. Market size and forecast, by Type
10.2.4. Market size and forecast, by System Type
10.2.5. Market size and forecast, by Technology
10.2.6. Market size and forecast, by Application
10.2.7. Market size and forecast, by End-User
10.2.8. Market size and forecast, by country
10.2.8.1. U.S.
10.2.8.1.1. Market size and forecast, by Components
10.2.8.1.2. Market size and forecast, by Type
10.2.8.1.3. Market size and forecast, by System Type
10.2.8.1.4. Market size and forecast, by Technology
10.2.8.1.5. Market size and forecast, by Application
10.2.8.1.6. Market size and forecast, by End-User
10.2.8.2. Canada
10.2.8.2.1. Market size and forecast, by Components
10.2.8.2.2. Market size and forecast, by Type
10.2.8.2.3. Market size and forecast, by System Type
10.2.8.2.4. Market size and forecast, by Technology
10.2.8.2.5. Market size and forecast, by Application
10.2.8.2.6. Market size and forecast, by End-User
10.2.8.3. Mexico
10.2.8.3.1. Market size and forecast, by Components
10.2.8.3.2. Market size and forecast, by Type
10.2.8.3.3. Market size and forecast, by System Type
10.2.8.3.4. Market size and forecast, by Technology
10.2.8.3.5. Market size and forecast, by Application
10.2.8.3.6. Market size and forecast, by End-User
10.3. Europe
10.3.1. Key market trends, growth factors and opportunities
10.3.2. Market size and forecast, by Components
10.3.3. Market size and forecast, by Type
10.3.4. Market size and forecast, by System Type
10.3.5. Market size and forecast, by Technology
10.3.6. Market size and forecast, by Application
10.3.7. Market size and forecast, by End-User
10.3.8. Market size and forecast, by country
10.3.8.1. UK
10.3.8.1.1. Market size and forecast, by Components
10.3.8.1.2. Market size and forecast, by Type
10.3.8.1.3. Market size and forecast, by System Type
10.3.8.1.4. Market size and forecast, by Technology
10.3.8.1.5. Market size and forecast, by Application
10.3.8.1.6. Market size and forecast, by End-User
10.3.8.2. Germany
10.3.8.2.1. Market size and forecast, by Components
10.3.8.2.2. Market size and forecast, by Type
10.3.8.2.3. Market size and forecast, by System Type
10.3.8.2.4. Market size and forecast, by Technology
10.3.8.2.5. Market size and forecast, by Application
10.3.8.2.6. Market size and forecast, by End-User
10.3.8.3. France
10.3.8.3.1. Market size and forecast, by Components
10.3.8.3.2. Market size and forecast, by Type
10.3.8.3.3. Market size and forecast, by System Type
10.3.8.3.4. Market size and forecast, by Technology
10.3.8.3.5. Market size and forecast, by Application
10.3.8.3.6. Market size and forecast, by End-User
10.3.8.4. Italy
10.3.8.4.1. Market size and forecast, by Components
10.3.8.4.2. Market size and forecast, by Type
10.3.8.4.3. Market size and forecast, by System Type
10.3.8.4.4. Market size and forecast, by Technology
10.3.8.4.5. Market size and forecast, by Application
10.3.8.4.6. Market size and forecast, by End-User
10.3.8.5. Rest of Europe
10.3.8.5.1. Market size and forecast, by Components
10.3.8.5.2. Market size and forecast, by Type
10.3.8.5.3. Market size and forecast, by System Type
10.3.8.5.4. Market size and forecast, by Technology
10.3.8.5.5. Market size and forecast, by Application
10.3.8.5.6. Market size and forecast, by End-User
10.4. Asia-Pacific
10.4.1. Key market trends, growth factors and opportunities
10.4.2. Market size and forecast, by Components
10.4.3. Market size and forecast, by Type
10.4.4. Market size and forecast, by System Type
10.4.5. Market size and forecast, by Technology
10.4.6. Market size and forecast, by Application
10.4.7. Market size and forecast, by End-User
10.4.8. Market size and forecast, by country
10.4.8.1. China
10.4.8.1.1. Market size and forecast, by Components
10.4.8.1.2. Market size and forecast, by Type
10.4.8.1.3. Market size and forecast, by System Type
10.4.8.1.4. Market size and forecast, by Technology
10.4.8.1.5. Market size and forecast, by Application
10.4.8.1.6. Market size and forecast, by End-User
10.4.8.2. Japan
10.4.8.2.1. Market size and forecast, by Components
10.4.8.2.2. Market size and forecast, by Type
10.4.8.2.3. Market size and forecast, by System Type
10.4.8.2.4. Market size and forecast, by Technology
10.4.8.2.5. Market size and forecast, by Application
10.4.8.2.6. Market size and forecast, by End-User
10.4.8.3. India
10.4.8.3.1. Market size and forecast, by Components
10.4.8.3.2. Market size and forecast, by Type
10.4.8.3.3. Market size and forecast, by System Type
10.4.8.3.4. Market size and forecast, by Technology
10.4.8.3.5. Market size and forecast, by Application
10.4.8.3.6. Market size and forecast, by End-User
10.4.8.4. Australia
10.4.8.4.1. Market size and forecast, by Components
10.4.8.4.2. Market size and forecast, by Type
10.4.8.4.3. Market size and forecast, by System Type
10.4.8.4.4. Market size and forecast, by Technology
10.4.8.4.5. Market size and forecast, by Application
10.4.8.4.6. Market size and forecast, by End-User
10.4.8.5. Rest of Asia-Pacific
10.4.8.5.1. Market size and forecast, by Components
10.4.8.5.2. Market size and forecast, by Type
10.4.8.5.3. Market size and forecast, by System Type
10.4.8.5.4. Market size and forecast, by Technology
10.4.8.5.5. Market size and forecast, by Application
10.4.8.5.6. Market size and forecast, by End-User
10.5. LAMEA
10.5.1. Key market trends, growth factors and opportunities
10.5.2. Market size and forecast, by Components
10.5.3. Market size and forecast, by Type
10.5.4. Market size and forecast, by System Type
10.5.5. Market size and forecast, by Technology
10.5.6. Market size and forecast, by Application
10.5.7. Market size and forecast, by End-User
10.5.8. Market size and forecast, by country
10.5.8.1. Latin America
10.5.8.1.1. Market size and forecast, by Components
10.5.8.1.2. Market size and forecast, by Type
10.5.8.1.3. Market size and forecast, by System Type
10.5.8.1.4. Market size and forecast, by Technology
10.5.8.1.5. Market size and forecast, by Application
10.5.8.1.6. Market size and forecast, by End-User
10.5.8.2. Middle East
10.5.8.2.1. Market size and forecast, by Components
10.5.8.2.2. Market size and forecast, by Type
10.5.8.2.3. Market size and forecast, by System Type
10.5.8.2.4. Market size and forecast, by Technology
10.5.8.2.5. Market size and forecast, by Application
10.5.8.2.6. Market size and forecast, by End-User
10.5.8.3. Africa
10.5.8.3.1. Market size and forecast, by Components
10.5.8.3.2. Market size and forecast, by Type
10.5.8.3.3. Market size and forecast, by System Type
10.5.8.3.4. Market size and forecast, by Technology
10.5.8.3.5. Market size and forecast, by Application
10.5.8.3.6. Market size and forecast, by End-User
CHAPTER 11: COMPETITIVE LANDSCAPE
11.1. Introduction
11.2. Top winning strategies
11.3. Product mapping of top 10 player
11.4. Competitive dashboard
11.5. Competitive heatmap
11.6. Top player positioning, 2023
CHAPTER 12: COMPANY PROFILES
12.1. Continental AG
12.1.1. Company overview
12.1.2. Key executives
12.1.3. Company snapshot
12.1.4. Operating business segments
12.1.5. Product portfolio
12.1.6. Business performance
12.1.7. Key strategic moves and developments
12.2. Aisin Corporation
12.2.1. Company overview
12.2.2. Key executives
12.2.3. Company snapshot
12.2.4. Operating business segments
12.2.5. Product portfolio
12.2.6. Business performance
12.2.7. Key strategic moves and developments
12.3. Robert Bosch GmbH
12.3.1. Company overview
12.3.2. Key executives
12.3.3. Company snapshot
12.3.4. Operating business segments
12.3.5. Product portfolio
12.3.6. Business performance
12.3.7. Key strategic moves and developments
12.4. Smart Parking Ltd
12.4.1. Company overview
12.4.2. Key executives
12.4.3. Company snapshot
12.4.4. Operating business segments
12.4.5. Product portfolio
12.4.6. Business performance
12.4.7. Key strategic moves and developments
12.5. SWARCO
12.5.1. Company overview
12.5.2. Key executives
12.5.3. Company snapshot
12.5.4. Operating business segments
12.5.5. Product portfolio
12.5.6. Business performance
12.5.7. Key strategic moves and developments
12.6. IEM SA
12.6.1. Company overview
12.6.2. Key executives
12.6.3. Company snapshot
12.6.4. Operating business segments
12.6.5. Product portfolio
12.6.6. Business performance
12.6.7. Key strategic moves and developments
12.7. IPS Group, Inc.
12.7.1. Company overview
12.7.2. Key executives
12.7.3. Company snapshot
12.7.4. Operating business segments
12.7.5. Product portfolio
12.7.6. Business performance
12.7.7. Key strategic moves and developments
12.8. TKH Group
12.8.1. Company overview
12.8.2. Key executives
12.8.3. Company snapshot
12.8.4. Operating business segments
12.8.5. Product portfolio
12.8.6. Business performance
12.8.7. Key strategic moves and developments
12.9. Amano McGann, Inc.
12.9.1. Company overview
12.9.2. Key executives
12.9.3. Company snapshot
12.9.4. Operating business segments
12.9.5. Product portfolio
12.9.6. Business performance
12.9.7. Key strategic moves and developments
12.10. Urbiotica, S.L.
12.10.1. Company overview
12.10.2. Key executives
12.10.3. Company snapshot
12.10.4. Operating business segments
12.10.5. Product portfolio
12.10.6. Business performance
12.10.7. Key strategic moves and developments