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Global Parking Reservation Systems Market by Type (On-street, Off-street), by Solution (Web-based, Mobile Application-based, Voice Call-based), by Vertical, by Geography (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) - Analysis and Forecast to 2019

  • Report Code: PA 1000
  • Publish Date: Jun 2015
  
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The global parking reservation systems market is estimated to grow at a CAGR of 20.9% in the forecast period of 2014 to 2019. Some of the main drivers of the market are rise in the number of vehicles, availability of real-time information with guidance to park, and the awareness regarding smart parking projects. This system has been integrated into several sectors such as transportation transits, retail, government & municipalities, healthcare and education, shopping centers, and hotels.

 

The mobile applications are used for parking reservation systems, and they provide convenience to book and park with the help of smart phone technology. Besides, parking solutions help streamline the entire parking process, comprising parking payments that is buying tickets or using prepaid cards to park the vehicles within the timeline, maintaining a comprehensive record of vehicles parked on a monthly basis or providing receipts on a daily basis with the use of self-operating machine, and ensuring round the clock security for parked vehicles. These integrated solutions, which are used by parking operators, facilitate the traffic flow and help manage vehicle parking effectively.

 

In 2014, North America dominated the parking reservation systems market with revenue of $196.2 million in 2014 and is expected to reach $491.2 million by 2019. The major market players are Vinci Park, Q-Park, Streetline, and National Car Parks (NCP). This market is also focussing on expanding into Asia, which is still nascent in the parking reservation systems market.

 

Scope of the Report

This research report categorizes the global parking reservation systems into the following segments and sub segments:

  1. Global Parking Reservation Systems Market Size and Forecast By Vertical
  1. Transportation Transits                     
  2. Retail
  3. Government & Municipalities
  4. Hospitality
  5. Recreation
  6. Other Verticals

                                     

Global Parking Reservation Systems Market Size and Forecast by Solution

  1. Web-based
  2. Mobile Application-based
  3. Voice Call-based

 

  1. Global Parking Reservation Systems Market Size and Forecast by Type
  1. Off-street
  2. On-street

 

  1. Global Parking Reservation Systems Market Size and Forecast by Regions
    1. North America (NA)
    2. Europe
    3. Asia Pacific (APAC)
    4. Middle East and Africa (MEA)
    5. Latin America (LA) 


1 INTRODUCTION

1.1          OBJECTIVES OF THE STUDY

1.2          MARKET SEGMENTATION & COVERAGE

1.3          STAKEHOLDERS

1.4          ASSUMPTIONS

 

2 RESEARCH METHODOLOGY

2.1          INTEGRATED ECOSYSTEM OF PARKING RESERVATION SYSTEMS MARKET

2.2          ARRIVING AT THE PARKING RESERVATION SYSTEMS MARKET SIZE

2.2.1               TOP-DOWN APPROACH

2.2.2               BOTTOM-UP APPROACH

2.2.3               DEMAND SIDE APPROACH

2.2.4               MACROINDICATOR-BASED APPROACH

 

3       EXECUTIVE SUMMARY

 

4      MARKET OVERVIEW

4.1          INTRODUCTION

4.2          GLOBAL PARKING RESERVATION SYSTEMS MARKET: COMPARISON WITH PARENT MARKET, 2013-2019 (USD MN)

4.3          MARKET DRIVERS AND INHIBITORS

4.4          KEY MARKET DYNAMICS

4.5          DEMAND SIDE ANALYSIS

 

5. GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY VERTICALS

 

5.1          INTRODUCTION

5.2          DEMAND SIDE ANALYSIS

5.3          GLOBAL PARKING RESERVATION SYSTEM IN TRANSPORTATION TRANSITS, BY GEOGRAPHY

5.4          GLOBAL PARKING RESERVATION SYSTEM IN RETAIL, BY GEOGRAPHY

5.5          GLOBAL PARKING RESERVATION SYSTEM IN GOVERNMENT & MUNICIPALITIES, BY GEOGRAPHY

5.6          GLOBAL PARKING RESERVATION SYSTEM IN HOSPITALITY, BY GEOGRAPHY

5.7          GLOBAL PARKING RESERVATION SYSTEM IN RECREATION, BY GEOGRAPHY

5.8          SNEAK VIEW: GLOBAL PARKING RESERVATION SYSTEM MARKET, BY VERTICALS

 

6.  GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY TYPE

6.1          INTRODUCTION

6.2          GLOBAL PARKING RESERVATION SYSTEM MARKET: COMPARISON WITH PARENT MARKET

6.3          GLOBAL ON-STREET PARKING MARKET, BY GEOGRAPHY

6.4          GLOBAL OFF-STREET PARKING MARKET, BY GEOGRAPHY

 

7.   GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY SOLUTION

7.1          INTRODUCTION

7.2          GLOBAL PARKING RESERVATION SYSTEM MARKET: COMPARISON WITH PARENT MARKET

7.3          GLOBAL WEB-BASED MARKET, BY GEOGRAPHY

7.4          GLOBAL MOBILE APPLICATION-BASED MARKET, BY GEOGRAPHY

7.5          GLOBAL VOICE CALL-BASED MARKET, BY GEOGRAPHY

 

8. GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY GEOGRAPHY

8.1          INTRODUCTION

8.2          NA PARKING RESERVATION SYSTEM MARKET

8.2.1               NA PARKING RESERVATION SYSTEM MARKET, BY VERTICALS

8.2.2               NA PARKING RESERVATION SYSTEM MARKET, BY TYPE

8.2.3               NA PARKING RESERVATION SYSTEM MARKET, BY SOLUTION

8.3          EUROPE PARKING RESERVATION SYSTEM MARKET

8.3.1               EUROPE PARKING RESERVATION SYSTEM MARKET, BY VERTICALS

8.3.2               EUROPE PARKING RESERVATION SYSTEM MARKET, BY TYPE

8.3.3               EUROPE PARKING RESERVATION SYSTEM MARKET, BY SOLUTION

8.4          APAC PARKING RESERVATION SYSTEM MARKET

8.4.1               APAC PARKING RESERVATION SYSTEM MARKET, BY VERTICALS

8.4.2               APAC PARKING RESERVATION SYSTEM MARKET, BY TYPE

8.4.3               APAC PARKING RESERVATION SYSTEM MARKET, BY SOLUTION

8.5          MEA PARKING RESERVATION SYSTEM MARKET

8.5.1               MEA PARKING RESERVATION SYSTEM MARKET, BY VERTICALS

8.5.2               MEA PARKING RESERVATION SYSTEM MARKET, BY TYPE

8.5.3               MEA PARKING RESERVATION SYSTEM MARKET, BY SOLUTION

8.6          LA PARKING RESERVATION SYSTEM MARKET

8.6.1               LA PARKING RESERVATION SYSTEM MARKET, BY VERTICALS

8.6.2               LA PARKING RESERVATION SYSTEM MARKET, BY TYPE

8.6.3               LA PARKING RESERVATION SYSTEM MARKET, BY SOLUTION

 

9.  GLOBAL PARKING RESERVATION SYSTEMS MARKET: COMPETITIVE LANDSCAPE

9.1          COMPANY PRESENCE IN PARKING RESERVATION SYSTEM MARKET, BY SOLUTION

9.2          MERGERS & ACQUISITIONS

9.3          NEW PRODUCT DEVELOPMENT

9.4          JOINT VENTURES

 

10.  GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY COMPANY

10.1        VINCI

10.1.1             OVERVIEW

10.1.2             FINANCIALS

10.1.3             PRODUCTS AND SERVICES

10.1.4             DEVELOPMENTS

10.1.5             MMM VIEW

10.2        STANDARD PARKING CORPORATION

10.2.1             OVERVIEW

10.2.2             FINANCIALS

10.2.3             PRODUCTS AND SERVICES

10.2.4             DEVELOPMENTS

10.2.5             MMM VIEW

10.3        STREETLINE

10.3.1             OVERVIEW

10.3.2             FINANCIALS

10.3.3             PRODUCTS AND SERVICES

10.3.4             RELATED DEVELOPMENTS

10.3.5             MMM VIEW

10.4        Q-PARK

10.4.1             OVERVIEW

10.4.2             FINANCIALS

10.4.3             PRODUCTS AND SERVICES

10.4.4             RELATED DEVELOPMENTS

10.4.5             MMM VIEW

10.5        NATIONAL CAR PARKS

10.5.1             OVERVIEW

10.5.2             FINANCIALS

10.5.3             PRODUCTS AND SERVICES

10.5.4             RELATED DEVELOPMENTS

10.5.5             MMM VIEW

10.6        JUSTPARK

10.6.1             OVERVIEW

10.6.2             FINANCIALS

10.6.3             PRODUCTS AND SERVICES

10.6.4             RELATED DEVELOPMENTS

10.6.5             MMM VIEW

10.7        PARKME

10.7.1             OVERVIEW

10.7.2             FINANCIALS

10.7.3             PRODUCTS AND SERVICES

10.7.4             RELATED DEVELOPMENTS

10.7.5             MMM VIEW

 

11.APPENDIX

11.1        CUSTOMIZATION OPTIONS

11.1.1             PARKING RESERVATION SYSTEM MARKET SOLUTION MATRIX

11.1.2             PARKING RESERVATION SYSTEM MARKET COMPETITIVE BENCHMARKING

11.1.3             PARKING RESERVATION SYSTEM MARKET VENDOR LANDSCAPING

11.1.4             PARKING RESERVATION SYSTEM MARKET DATA TRACKER

11.1.5             PARKING RESERVATION SYSTEM MARKET EMERGING VENDOR LANDSCAPE

11.1.6             PARKING RESERVATION SYSTEM MARKET CHANNEL ANALYSIS

 

11.2        RELATED REPORTS

11.3        INTRODUCING RT: REAL TIME MARKET INTELLIGENCE

11.3.1             RT SNAPSHOTS

 

LIST OF TABLES

TABLE 1    GLOBAL PARKING RESERVATION SYSTEM PEER MARKET SIZE, 2014 (USD MN)

TABLE 2    GLOBAL PARKING RESERVATION SYSTEM MARKET: MACROINDICATORS, BY GEOGRAPHY, 2014 (USD MN)

TABLE 3    GLOBAL PARKING RESERVATION SYSTEMS MARKET: COMPARISON  WITH PARENT MARKET, 2013–2019 (USD MN)

TABLE 4    GLOBAL PARKING RESERVATION SYSTEMS MARKET: DRIVERS AND INHIBITORS

TABLE 5    GLOBAL PARKING RESERVATION SYSTEM MARKET: COMPARISON WITH VERTICALS MARKETS, 2014-2019 (USD MN)

TABLE 6   GLOBAL PARKING RESERVATION SYSTEM MARKET, BY VERTICALS, 2013-2019 (USD MN)

TABLE7    GLOBAL PARKING RESERVATION SYSTEM IN TRANSPORTATION TRANSITS, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 8    GLOBAL PARKING RESERVATION SYSTEM IN RETAIL, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 9    GLOBAL PARKING RESERVATION SYSTEM IN GOVERNMENT & MUNICIPALITIES, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 10   GLOBAL PARKING RESERVATION SYSTEM IN HOSPITALITY, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 11   GLOBAL PARKING RESERVATION SYSTEM IN RECREATION, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 12   GLOBAL PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2013-2019 (USD MN)

TABLE 13   GLOBAL PARKING RESERVATION SYSTEM MARKET: COMPARISON WITH PARENT MARKET, 2013–2019 (USD MN)

TABLE 14   GLOBAL ON-STREET PARKING MARKET, BY GEOGRAPHY, 2013–2019 (USD MN)

TABLE 15   GLOBAL OFF-STREET PARKING MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 16   GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY SOLUTION, 2013-2019 (USD MN)

TABLE 17    GLOBAL PARKING RESERVATION SYSTEMS MARKET: COMPARISON WITH PARENT MARKET, 2013–2019 (USD MN)

TABLE 18    GLOBAL WEB-BASED MARKET, BY GEOGRAPHY, 2013–2019 (USD MN)

TABLE 19    GLOBAL MOBILE APPLICATION-BASED MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 20   GLOBAL VOICE CALL-BASED MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 21  GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

TABLE 22    NA PARKING RESERVATION SYSTEMS MARKET, BY VERTICALS, 2013-2019 (USD MN)

TABLE 23   NA PARKING RESERVATION SYSTEMS MARKET, BY TYPE, 2013-2019 (USD MN)

TABLE 24   NA PARKING RESERVATION SYSTEMS MARKET, BY SOLUTION, 2013-2019 (USD MN)

TABLE 25    EUROPE PARKING RESERVATION SYSTEMS MARKET, BY VERTICALS,  2013-2019 (USD MN)

TABLE 26   EUROPE PARKING RESERVATION SYSTEMS MARKET, BY TYPE, 2013-2019 (USD MN)

TABLE 27   EUROPE PARKING RESERVATION SYSTEMS MARKET, BY SOLUTION, 2013-2019 (USD MN)

TABLE 28   APAC PARKING RESERVATION SYSTEMS MARKET, BY VERTICALS,  2013-2019 (USD MN)

TABLE 29   APAC PARKING RESERVATION SYSTEMS: MARKET, BY TYPE, 2013-2019 (USD MN)

TABLE 30   APAC PARKING RESERVATION SYSTEMS: MARKET, BY SOLUTION, 2013-2019 (USD MN)

TABLE 31    MEA PARKING RESERVATION SYSTEMS MARKET, BY VERTICALS,  2013-2019 (USD MN)

TABLE 32    MEA PARKING RESERVATION SYSTEMS: MARKET, BY TYPE, 2013-2019 (USD MN)

TABLE 33    MEA PARKING RESERVATION SYSTEMS: MARKET, BY SOLUTION, 2013-2019 (USD MN)

TABLE 34    LA PARKING RESERVATION SYSTEMS MARKET, BY VERTICALS,  2013-2019 (USD MN)

TABLE 35    LA PARKING RESERVATION SYSTEMS: MARKET, BY TYPE, 2013-2019 (USD MN)

TABLE 36    LA PARKING RESERVATION SYSTEMS: MARKET, BY SOLUTION, 2013-2019 (USD MN)

TABLE 37   GLOBAL PARKING RESERVATION SYSTEMS MARKET: MERGERS & ACQUISITIONS

TABLE 38   GLOBAL PARKING RESERVATION SYSTEMS MARKET: NEW PRODUCT DEVELOPMENT

TABLE 39   GLOBAL PARKING RESERVATION SYSTEMS MARKET: JOINT VENTURES

TABLE 40   VINCI REVENUE, 2009–2013 (USD MN)

TABLE 41    STANDARD PARKING CORPORATION REVENUE, 2010–2014 (USD MN)

TABLE 42   Q-PARK REVENUE, 2010–2014 (USD MN)

 

 

LIST OF FIGURES

FIGURE 1  GLOBAL PARKING RESERVATION SYSTEMS MARKET: SEGMENTATION & COVERAGE

FIGURE 2   PARKING RESERVATION SYSTEMS MARKET: INTEGRATED ECOSYSTEM

FIGURE 3   RESEARCH METHODOLOGY

FIGURE 4   TOP-DOWN APPROACH

FIGURE 5   BOTTOM-UP APPROACH

FIGURE 6   DEMAND SIDE APPROACH

FIGURE 7   MACROINDICATOR-BASED APPROACH

FIGURE 8   GLOBAL PARKING RESERVATION SYSTEMS MARKET: SNAPSHOT

FIGURE 9   PARKING RESERVATION SYSTEMS MARKET: GROWTH ASPECTS

FIGURE 10  GLOBAL PARKING RESERVATION SYSTEMS MARKET, BY GEOGRAPHY, 2014 VS 2019

FIGURE 11  PARKING RESERVATION SYSTEMS: VERTICALS MARKET SCENARIO

FIGURE 12  GLOBAL PARKING RESERVATION SYSTEM MARKET, BY VERTICALS,  2014-2019 (USD MN)

FIGURE 13  GLOBAL PARKING RESERVATION SYSTEM MARKET IN TRANSPORTATION TRANSITS, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 14  GLOBAL PARKING RESERVATION SYSTEM MARKET IN RETAIL, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 15  GLOBAL PARKING RESERVATION SYSTEM MARKET IN GOVERNMENT & MUNICIPALITIES, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 16  GLOBAL PARKING RESERVATION SYSTEM MARKET IN HOSPITALITY, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 17  GLOBAL PARKING RESERVATION SYSTEM MARKET IN RECREATION, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 18   SNEAK VIEW: NORTH AMERICA PARKING RESERVATION SYSTEM MARKET

FIGURE 19  GLOBAL PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2014-2019 (USD MN)

FIGURE 20   GLOBAL PARKING RESERVATION SYSTEM MARKET: COMPARISON WITH PARENT  MARKET, 2013–2019 (USD MN)

FIGURE 21   GLOBAL ON-STREET PARKING MARKET, BY GEOGRAPHY, 2013–2019 (USD MN)

FIGURE 22   GLOBAL OFF-STREET PARKING MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 23   GLOBAL PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2014-2019 (USD MN)

FIGURE 24   GLOBAL PARKING RESERVATION SYSTEM MARKET: COMPARISON WITH PARENT MARKET, 2013–2019 (USD MN)

FIGURE 25   GLOBAL WEB-BASED MARKET, BY GEOGRAPHY, 2013–2019 (USD MN)

FIGURE 26   GLOBAL MOBILE APPLICATION-BASED MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 27   GLOBAL VOICE CALL-BASED MARKET, BY GEOGRAPHY, 2013-2019 (USD MN)

FIGURE 28   GLOBAL PARKING RESERVATION SYSTEM MARKET: GROWTH ANALYSIS, BY GEOGRAPHY, 2014-2019 (USD MN)

FIGURE 29   NA PARKING RESERVATION SYSTEM MARKET OVERVIEW, 2014 & 2019 (%)

FIGURE 30   NA PARKING RESERVATION SYSTEM MARKET, BY VERTICALS,  2013-2019 (USD MN)

FIGURE 31    NA PARKING RESERVATION SYSTEM MARKET: VERTICALS SNAPSHOT

FIGURE 32    NA PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2013-2019 (USD MN)

FIGURE 33    NA PARKING RESERVATION SYSTEM MARKET SHARE, BY TYPE, 2014-2019

FIGURE 34    NA PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2013-2019 (USD MN)

FIGURE 35     NA PARKING RESERVATION SYSTEM MARKET SHARE, BY SOLUTION, 2014-2019

FIGURE 36    EUROPE PARKING RESERVATION SYSTEM MARKET OVERVIEW, 2014 & 2019 (%)

FIGURE 37    EUROPE PARKING RESERVATION SYSTEM MARKET, BY VERTICALS, 2013-2019 (USD MN)

FIGURE 38    EUROPE PARKING RESERVATION SYSTEM MARKET: VERTICALS SNAPSHOT

FIGURE 39    EUROPE PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2013-2019 (USD MN)

FIGURE 40    EUROPE PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2014-2019

FIGURE 41    EUROPE PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2013-2019 (USD MN)

FIGURE 42     EUROPE PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2014-2019

FIGURE 43     APAC PARKING RESERVATION SYSTEM MARKET OVERVIEW, 2014 & 2019 (%)

FIGURE 44     APAC PARKING RESERVATION SYSTEM MARKET, BY VERTICALS, 2013-2019 (USD MN)

FIGURE 45     APAC PARKING RESERVATION SYSTEM MARKET: VERTICALS SNAPSHOT

FIGURE 46     APAC PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2013-2019 (USD MN)

FIGURE 47    APAC PARKING RESERVATION SYSTEM MARKET: TYPE SNAPSHOT

FIGURE 48     APAC PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2013-2019 (USD MN)

FIGURE 49     APAC PARKING RESERVATION SYSTEM MARKET: SOLUTION SNAPSHOT

FIGURE 50     MEA PARKING RESERVATION SYSTEM MARKET OVERVIEW, 2014 & 2019 (%)

FIGURE 51     MEA PARKING RESERVATION SYSTEM MARKET, BY VERTICALS, 2013-2019 (USD MN)

FIGURE 52     MEA PARKING RESERVATION SYSTEM MARKET: VERTICALS SNAPSHOT

FIGURE 53     MEA PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2013-2019 (USD MN)

FIGURE 54     MEA PARKING RESERVATION SYSTEM MARKET: TYPE SNAPSHOT

FIGURE 55    MEA PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2013-2019 (USD MN)

FIGURE 56    MEA PARKING RESERVATION SYSTEM MARKET: SOLUTION SNAPSHOT

FIGURE 57    LA PARKING RESERVATION SYSTEM MARKET OVERVIEW, 2014 & 2019 (%)

FIGURE 58    LA PARKING RESERVATION SYSTEM MARKET, BY VERTICALS, 2013-2019 (USD MN)

FIGURE 59    LA PARKING RESERVATION SYSTEM MARKET: VERTICALS SNAPSHOT

FIGURE 60    LA PARKING RESERVATION SYSTEM MARKET, BY TYPE, 2013-2019 (USD MN)

FIGURE 61    LA PARKING RESERVATION SYSTEM MARKET: TYPE SNAPSHOT

FIGURE 62    LA PARKING RESERVATION SYSTEM MARKET, BY SOLUTION, 2013-2019 (USD MN)

FIGURE 63    LA PARKING RESERVATION SYSTEM MARKET: SOLUTION SNAPSHOT

FIGURE 64    PARKING RESERVATION SYSTEM: COMPANY PRODUCT COVERAGE, BY SOLUTION, 2014

The increase in traffic congestion problem has become prominent, and this would rise further if the parking management process is not streamlined. Parking reservation systems restructure the entire parking process, comprising parking payments that is buying tickets or using prepaid cards to park the vehicles within the timeline, maintaining a comprehensive record of vehicles parked on a monthly basis or providing receipts on a daily basis with the use of self-operating machine, and ensuring round the clock security for parked vehicles.

 

This system has been integrated into several sectors such as transportation transits, retail, government & municipalities, healthcare and education, shopping centers, and hotels. Some of the main drivers of the market are rise in the number of vehicles, availability of real-time information with guidance to park, and the awareness regarding smart parking projects.

 

In 2014, North America dominated the parking reservation systems market with revenue of $196.2 million in 2014 and is expected to reach $491.2 million by 2019. The major market players are Vinci Park, Q-Park, Streetline, and National Car Parks (NCP). This market is also focusing on expanding into Asia, which is still nascent in the parking reservation systems market.

 

MicroMarketMonitor forecasts the global parking reservation systems market to grow from $500.8 million in 2014 to $1,292.6 million by 2019 at a CAGR of 20.9%. The parking reservation system report covers web-based, mobile application-based, and voice call-based solutions. The type includes on-street parking and off-street parking. The regions include North America, Asia-Pacific, Europe, Middle East Africa, and Latin America. This report includes market share, value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profile of the key players in this market.

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