About Smart Parking
Smart parking is a vehicle parking system that helps drivers find a parking space at minimal cost. It consists of sensors, apps, smart parking meters, and mobile phone automated payment systems that allow drivers to reserve parking in advance and pay by credit card or cash.
Technavio’s analysts forecast the smart parking market in Western Europe to grow at a CAGR of 13.7% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the smart parking market in Western Europe for 2016-2020. The report has taken into consideration the sales of smart parking systems, solutions, and sensors.
The market is divided into the following segments based on type of parking space:
• Off-street parking
• On-street parking
Technavio's report, Smart Parking Market in Western Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• IPS Group, Inc.
• Libelium Comunicaciones Distribuidas S. L
• Parkeon
• Streetline (Kapsch TrafficCom)
• TransCore, LP
Other prominent vendors
• 3M
• Aeris Communications
• Cisco Systems
• Deutsche Telekom
• Gemalto
• HCL
• IBM
• Jasper Technologies
• MSR-Traffic
• Nedap Mobility Solutions
• Orange Business Services
• Oti (PARX)
• ParkHelp
• ParkMe (INRIX)
• Parkmobile
• Parkopedia
• Q-Park
• Q-Park
• Serco
• Siemens
• Sierra Wireless
• SKIDATA
• Smart Parking
• Swarco
• Synapt (Prodapt Solutions)
• T2 Systems
• Telensa
• TeliaSonera
• Urbiotica
• Vodafone
• World Sensing
• Xerox
Market driver
• Increased adoption of smart parking sensors
• For a full, detailed list, view our report
Market challenge
• Concerns related to security and network integration
• For a full, detailed list, view our report
Market trend
• Dynamic pricing for parking
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by type of parking space
• Smart parking market segmentation by type of parking space in Western Europe
• On-street parking
• Off-street parking
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
• Competitive scenario
• Recent news
• Key vendor analysis
• Other prominent vendors
PART 13: Appendix
• List of abbreviations
PART 14: Explore Technavio
List of Exhibits
Exhibit 01: Vendor offerings
Exhibit 02: LTE adoption in Europe 2014-2020 (millions)
Exhibit 03: Global LTE subscriptions 2015
Exhibit 04: Smartphone penetration in Western Europe 2011-2015
Exhibit 05: Smart parking technology features
Exhibit 06: Smart parking process
Exhibit 07: Smart parking market in Western Europe 2015-2020 ($ millions)
Exhibit 08: Car parking statistics in Western Europe 2014
Exhibit 09: Car parking spaces based on categories 2014
Exhibit 10: Car parking spaces by country 2014
Exhibit 11: Internet-connected car shipments in Western Europe 2015-2020 (million units)
Exhibit 12: Five forces analysis
Exhibit 13: Smart parking market segmentation by type of parking space in Western Europe 2015-2020 ($ millions)
Exhibit 14: Smart parking market in Western Europe by on-street parking 2015-2020 ($ millions)
Exhibit 15: Smart parking market in Western Europe by off-street parking 2015-2020 ($ millions)
Exhibit 16: Generic model for parking sensor systems
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges