Frequently Asked Questions
The market is segmented based on , By System Type (Guided Park Assist, Smart Park Assist, On-Street and Off-Street), Component (Hardware, Software, and Services), Sensor Technology (Ultrasonic Sensor, Radar Sensor, Image Sensor), Vertical (Government, Commercial, and Corporate), Solution (Security and Surveillance, Parking Reservation Management, Valet Parking Management, License Plate Recognition) - Industry Trends and Forecast to 2031.
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The Global Smart Parking Market size was valued at USD 5315.26 USD Million in 2022.
The Global Smart Parking Market is projected to grow at a CAGR of 18.35% during the forecast period of 2023 to 2030.
The major players operating in the market include Robert Bosch, Continental, Valeo, Delphi Technologies, AISIN SEIKI, Siemens, Cubic Corporation, Amano Corporation, Kapsch TrafficCom, AppyParking, Smart Parking, TKH GROUP, Nedap, Urbiotica, SWARCO, KLAUS MULTIPARKING SYSTEMS, IPS Group, IEM SA, Dongyang Menics, Altiux Innovations, Parkmobile LLC, ParkMe..
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa.