Global Parking Management Market Size & Outlook, 2023-2030
Global parking management market, 2018-2030 (US$M)
Related Markets
Global parking management market highlights
- The global parking management market generated a revenue of USD 4,564.0 million in 2023 and is expected to reach USD 9,261.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.6% by 2030.
- In terms of segment, solution accounted for a revenue of USD 3,064.5 million in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,564.0 million |
| Market revenue in 2030 | USD 9,261.1 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 37.4% of the global parking management market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,680.2 million by 2030.
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Parking Management Market Scope
Parking Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global parking management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to parking management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 67.15% in 2023. Horizon Databook has segmented the Global parking management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Parking Management Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Access Control
- Security & Surveillance
- Revenue Management
- Parking Reservation Management
- Valet Parking Management
- Others
- Service
- Consulting Services
- System Integration and Deployment
- Support and Maintenance
- Solution
- Global Parking Management Deployment Type Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Global Parking Management Parking Site Outlook (Revenue, USD Million, 2018-2030)
- On-street
- Off-street
- Garage Parking
- Lot Parking
- Global Parking Management Application Outlook (Revenue, USD Million, 2018-2030)
- Transport Transit
- Commercial
- Government
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Target buyers of Global parking management market databook
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Our clientele includes a mix of parking management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global parking management market , including forecasts for subscribers. This global databook contains high-level insights into Global parking management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global parking management market size, by regions, 2018-2030 (US$M)
Top 10 countries: Parking management market size, 2023 (US$M)
Global parking management market share, by component, 2023 & 2030 (%, US$M)
Parking management market: Opportunity assessment by country
Global parking management market, by region, 2023 (US$M)
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