Europe Parking Management Market Size & Outlook, 2024-2030

The parking management market in Europe is expected to reach a projected revenue of US$ 2,692.2 million by 2030. A compound annual growth rate of 11.3% is expected of Europe parking management market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,417.5
Forecast, 2030 (US$M)
$2,692.2
CAGR, 2025 - 2030
11.3%
Report Coverage
Europe

Europe parking management market highlights

  • The Europe parking management market generated a revenue of USD 1,352.3 million in 2023.
  • The market is expected to grow at a CAGR of 10.3% 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.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,352.3 million
Market revenue in 2030USD 2,692.2 million
Growth rate10.3% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Europe region accounted for 29.6% of the global parking management market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,996.7 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
Cloud
On-premise
On-street
Garage Parking
Lot Parking
Transport Transit
Commercial
Government

Parking Management Market Companies

Name Profile # Employees HQ Website

Europe 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 2024. Horizon Databook has segmented the Europe 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 Europe 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe parking management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe parking management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe parking management market size, by country, 2018-2030 (US$M)

Europe Parking Management Market Outlook Share, 2024 & 2030 (US$M)

Europe parking management market size, by country, 2018-2030 (US$M)

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