Report overview
Smart parking solutions are a need for today owing to the increasing number of vehicles and the lack of parking spaces. Many companies are investing into the smart parking management market. Streetline has been recognized by Frost & Sullivan with the global product line strategy leadership award for the year 2016. Streetline uses machine learning techniques to deploy hybrid smart parking platform in order to merge data that is collected for real time parking guidance and analytics. Streetline is considered to be a world leader in smart parking solutions and management.
This report aims to provide a comprehensive presentation of the global market for Hybrid Smart Parking Platform, 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 Hybrid Smart Parking Platform. This report contains market size and forecasts of Hybrid Smart Parking Platform in global, including the following market information:
Global Hybrid Smart Parking Platform Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Hybrid Smart Parking Platform market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America region holds the largest market share of global hybrid smart parking platform market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing number of vehicles on street and growing awareness about pollution measures in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies and better connectivity for real time data streaming.Hybrid smart parking platform market has been segmented on the basis of component, parking type, solution and application. The parking type segment is further bifurcated into on street parking and off street parking. On street parking refers to parking of vehicles along the streets whereas off street parking refers to parking of vehicles in the garages and parking lots. This is owning to the growing demand for smart city solutions and increasing need for parking space management in order to avoid traffic congestion and maintain better air quality by reducing the traffic problems. Hybrid smart parking platform helps in optimizing parking resources with continuous streaming of data from streets. It offers real time analysis of data and accurate results on parking occupancy based on multiple data sources.
We surveyed the Hybrid Smart Parking Platform companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Smart Parking Platform Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Hybrid Smart Parking Platform Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Service
Global Hybrid Smart Parking Platform Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Hybrid Smart Parking Platform Market Segment Percentages, by Application, 2022 (%)
Government
Residential
Commercial
Global Hybrid Smart Parking Platform Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Hybrid Smart Parking Platform Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Smart Parking Platform revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Hybrid Smart Parking Platform revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Streetline
Libelium
Tata Elxsi
IPS Group
Kapsch TrafficCom
NuPark
Siemens
Robert Bosch
Huawei Technologies
Acer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hybrid Smart Parking Platform, market overview.
Chapter 2: Global Hybrid Smart Parking Platform market size in revenue.
Chapter 3: Detailed analysis of Hybrid Smart Parking Platform company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Hybrid Smart Parking Platform in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
