global smart parking market 2015-2019
TRANSCRIPT
Covered in this Report
• The Technavio report, namely Global Smart Parking Market 2015-2019, is based on an in-depth market analysis, with inputs from industry experts.
• It also covers the market landscape and its growth prospects in the coming years.
• The report includes the key vendors operating in the market. Global Smart
Parking Market 2015-2019
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Market Overview• Smart Parking is a vehicle parking system that helps
drivers find parking space.
• It consists of sensors, apps, smart parking meters, and mobile-phone automated payment systems that allow drivers to reserve parking in advance and pay via his credit card or cash.
• Sensors and smart parking meters track the occupancy of parking spaces and pass on the information to the drivers through their smartphone app.
• These sensors also provide parking guidance to drivers. Smart parking helps in reducing traffic congestion, car emissions, and also in managing demand and supply of parking.
• Technavio analysts forecast the global smart parking market to grow at a CAGR of 31.72% during 2015-2019.
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Key Vendors and Regions
• Amano McGann (Amano)
• Deteq Solutions
• IPS Group
• Libelium Comunicaciones Distribuidas
• SP Plus
• TransCore • 3M
• APARC
View Our Report: Global Smart Parking Market 2015-2019
• Americas
• EMEA
• APAC
Vendors Regions
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Key Findings
• Nowadays, mobile apps are being increasingly used for parking purposes.
• Most drivers in North America and Western European use mobile apps, websites, and other forms of technology to find and pay for parking spaces.
• Cities such as California, London, San Francisco, Los Angeles, Seattle, Washington, and Baltimore are densely populated and busy cities, where parking is always a major problem.
• Thus, government organizations and start-up companies are planning to develop mobile apps to reduce traffic congestion.
• For instance, Haystack is an app in Baltimore that helps drivers to get a parking space at $3. Also, Boston Transportation Department announced the development of an app that allows consumers to pay parking fees directly from their smartphones.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Global Smart Parking Market 2015-2019 64 Pages | SKU: IRTNTR6716
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