China Parking Management Market Size & Outlook, 2023-2030
China parking management market, 2018-2030 (US$M)
Related Markets
China parking management market highlights
- The China parking management market generated a revenue of USD 173.2 million in 2023 and is expected to reach USD 393.9 million by 2030.
- The China market is expected to grow at a CAGR of 12.5% 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 173.2 million |
| Market revenue in 2030 | USD 393.9 million |
| Growth rate | 12.5% (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, China accounted for 3.8% 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 Asia Pacific, Japan parking management market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 546.3 million by 2030.
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Parking Management Market Scope
Parking Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 67.21% in 2023. Horizon Databook has segmented the China parking management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China 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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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 China parking management market , including forecasts for subscribers. This country databook contains high-level insights into China parking management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China parking management market size, by component, 2018-2030 (US$M)
China Parking Management Market Outlook Share, 2023 & 2030 (US$M)
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