Canada Parking Management Market Size & Outlook, 2023-2030
The parking management market in Canada is expected to reach a projected revenue of US$ 404.5 million by 2030. A compound annual growth rate of 11.2% is expected of Canada parking management market from 2024 to 2030.
Revenue, 2023 (US$M)
$192.5
Forecast, 2030 (US$M)
$404.5
CAGR, 2024 - 2030
11.2%
Report Coverage
Canada
Canada parking management market, 2018-2030 (US$M)
Related Markets
Canada parking management market highlights
- The Canada parking management market generated a revenue of USD 192.5 million in 2023 and is expected to reach USD 404.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Parking management market data book summary
| Market revenue in 2023 | USD 192.5 million |
| Market revenue in 2030 | USD 404.5 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | 3M Co, Amano Corp, International Business Machines Corp, Siemens AG, Robert Bosch Engineering & Business Solutions, CubicFarm Systems Corp, Kapsch Group, Serco Group PLC, T2 Systems, Siyata Mobile Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 4.2% of the global parking management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. parking management market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 404.5 million by 2030.
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Parking Management Market Scope
Parking management market segmentation & scope
Access Control
Security & Surveillance
Revenue Management
Parking Reservation Management
Valet Parking Management
Others
Consulting Services
System Integration and Deployment
Support and Maintenance
Parking Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 67.27% in 2023. Horizon Databook has segmented the Canada parking management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada 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
- Canada Parking Management Deployment Type Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Canada Parking Management Parking Site Outlook (Revenue, USD Million, 2018-2030)
- On-street
- Off-street
- Garage Parking
- Lot Parking
- Canada Parking Management Application Outlook (Revenue, USD Million, 2018-2030)
- Transport Transit
- Commercial
- Government
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Target buyers of Canada 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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada parking management market , including forecasts for subscribers. This country databook contains high-level insights into Canada parking management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada parking management market size, by component, 2018-2030 (US$M)
Canada Parking Management Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
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