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 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 2023USD 192.5 million
Market revenue in 2030USD 404.5 million
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service
Key market players worldwide3M 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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.


Reasons to subscribe to Canada parking management market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Canada parking management market databook

  • Our clientele includes a mix of parking management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

  • logo

Canada parking management market size, by component, 2018-2030 (US$M)

Canada Parking Management Market Outlook Share, 2023 & 2030 (US$M)

Canada parking management market size, by component, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more