Explore Smart Parking Market that is Expected to Grow at a CAGR of Around ~ 17.0% During 2019 - 2029

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Smart Parking Market

Global Smart Parking Market Report by Future Market Insights

According to the latest market intelligence report by FMI, , the global market size of keyword pegged US$ 5.6 Bn in 2019, and is spectated to register to register US$ 28.8 Bn by the end of 2029 with a CAGR of 17.0% from 2019 to 2029.

The global Smart Parking Market report considers the following years to project the overall market growth:

  • History Year: 2014 - 2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year: 2019 – 2029

The present scenario of the Smart Parking Market is elaborated in terms of volume (x units), value (Mn/Bn USD), production, and consumption. The report scrutinizes the market into various segments, end uses, regions and players on the basis of demand pattern, and future prospect.  

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Vital insights in the Smart Parking Market research:

  • General information regarding the Smart Parking, including definition, classification and uses.
  • SWOT analysis to help readers understand the behavior of each Smart Parking
  • Adoption pattern of Smart Parking across key regions.
  • Smart Parking Market segmentation on the basis of product type, and end use industry alongwith respective market share.
  • Innovative manufacturing techniques implemented by Smart Parking vendors in brief.

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Segmentation Assessment

By product Sensor Technology :

  • Ultrasonic Sensors
  • RFID
  • Image Sensors
  • Others

By System Type:

  • Guided Park Assist Systems
  • Smart Park Assist Systems

By Application :

  • Commercial
  • Government
  • Corporate

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Regional Evaluation

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEC
  • Japan
  • MEA

The Smart Parking Market research also takes into account the important countries that hold significant share in the respective regions.

Competitive Landscape

  • smart parking market are Siemens
  • Huawei Technologies Co. Ltd.
  • Delphi Technologies
  • Intercomp S.p.A.
  • Comarch SA
  • Matrix Comsec
  • Urbiotica, Cisco Systems
  • Nwave

The Smart Parking Market research gets rid of the following queries:

  1. How many units is the Smart Parking Market expected to produce in 2019?
  2. Why are the Smart Parking Market players focusing on region for better market footprint?
  3. What are the applications of Smart Parking in end use industry?
  4. Which version of Smart Parking is witnessing the highest demand?
  5. From which year the growth rate of global Smart Parking Market starts slowing down?

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Why go for Future Market Insights?

Future Market Insights thrive to provide unique business solutions to its clients beneficial for tackling various market challenges. With modern technologies, such as artificial intelligence, our analysts provide updated industry trends, and consumption patterns. We perform a three-step quality check process, which includes data collection, triangulation, and validation. Our analysts are active round-the-clock to facilitate clients with our expertise.