The Market Reports

Synopsis
The global market for Smart Parking System was estimated to be worth US$ 4901 million in 2024 and is forecast to a readjusted size of US$ 8475 million by 2031 with a CAGR of 8.0% during the forecast period 2025-2031.
Smart Parking System is an integrated solution that uses technologies such as sensors, cameras, data analytics, and mobile applications to manage and optimize parking availability, occupancy, and payment. It allows drivers to identify available parking spaces in real time, reduces traffic congestion caused by searching for parking, and improves overall urban mobility and parking efficiency.
The smart parking system market has experienced steady growth in recent years due to rising urban population density, increased vehicle ownership, and growing demand for efficient traffic management solutions. Governments and private enterprises are increasingly adopting smart parking technologies to address challenges such as limited parking space, environmental concerns, and inefficient use of urban infrastructure. These systems are being implemented in commercial complexes, airports, hospitals, and residential areas to streamline parking operations and enhance user experience. Integration with mobile applications, real-time monitoring, and automated payment methods are further propelling the adoption of smart parking solutions. As cities continue to evolve into smart cities, the demand for intelligent parking management systems is expected to remain strong and expand into new regions.
This report aims to provide a comprehensive presentation of the global market for Smart Parking System, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Smart Parking System by region & country, by Type, and by Application.
The Smart Parking System market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Parking System.
Market Segmentation
By Company
Amano Corporation
Cubic Corporation
JIESHUN
Swarco AG
SKIDATA
Thales
KEYTOP
Yunex Traffic
CAME Parkare
Kapsch TrafficCom
SpotHero
ETCP
Hangzhou Reformer
Smart Parking
Parkbee
Vision-zenith
Bluecard Technologies
Segment by Type
Intelligent Parking Equipment
Intelligent Parking Software Service
Segment by Application
Off-Street
On-Street
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Smart Parking System company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Smart Parking System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Smart Parking System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index