Upcoming Revenue of Off-Street Parking Management Systems: Middle East & Africa Regional Market Expected to Register Steady Rise in Y-o-Y Growth Rates During 2017 - 2025
Press Release – 04
Jan 2019
Research
and Development News
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Latest
Update
"Global Market Study on Off-Street Parking Management Systems:
Middle East & Africa Regional Market Expected to Register Steady
Rise in Y-o-Y Growth Rates During 2017 - 2025"
with Industries Survey | Global Current Growth and Future.
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“Enhanced parking management solutions
are driving market growth”
Companies are investing in the development of
enhanced parking management solutions, catering to the demand for
better access, control, and revenue management of parking facilities
across the globe. Innovations are being witnessed across entire
sub-sets of the parking management systems market, which include
software, hardware, and services as a whole.
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The global
off-street parking management system market anticipated to display a
CAGR of 8.9% during the forecast period. The global off-street
parking management system market was valued at nearly US$ 3,301 Mn in
2017 and is anticipated to increase significantly to reach nearly US$
6,550 Mn by 2025, due to increasing concerns for parking facilities
and rising vehicle park.
“Increasing concerns for parking
facilities to boost market growth of off-street parking management
systems”
The rising population across the globe has led to
the increasing demand for new vehicles on the roads, resulting in
increased traffic congestion. Also, parking convenience is essential,
and thus, parking facilities are increasingly becoming a major
concern in nations across the globe. This has further led to the
increasing demand for parking spaces, efficient traffic management,
and facilities that offer viable travel and parking options to
consumers, primarily in emerging economies. For instance, car parc
size in China is estimated to be around 200 Mn units as compared to
262 Mn units in the U.S., by 2020.
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Other Requirement and Enquiry_
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“Competition
Landscape”
In the final section of the report, we have
included a competitive landscape to provide clients with a dashboard
view, based on categories of provider in the value chain, presence in
off-street parking management system portfolio and key
differentiators. key offerings and recent developments in the
off-street parking management system market space.
Market Taxonomy
- By SCS
- - Parking Software
- - - - On Premise
- - - - Cloud- based
- - - System Devices
- - - Entry/Exit Terminals
- - - - Hands- Free/connected
- - - - Stand Alone
- - - Card Readers
- - - Validation Solution
- - - - Desktop Validation Unit
- - - - Web Based Electronic Validations
- - - - I- Based Validation Unit
- - - Pay on Foot Stations
- - - - Automatic Pay Stations
- - - - Credit Card/ Cash
- - - LPR System
- - - Others
- Professional Services
- - Consulting
- - Deployment And Customization
- - Maintenance and support
- By Solutions
- - Access control
- - Parking fee and revenue management
- - Parking reservation management
- - Valet parking management
- - Parking guidance and slot management
- - Others
- By End-user
- - Government and municipalities
- - Airports
- - Healthcare
- - Corporate and commercial parks
- - Commercial Institutions
- - Others
- By Region
- - North America
- - Latin America
- - Europe
- - Asia Pacific
- - Middle East & Africa
Continue.....
– More
Clear Details get Full Table of Contents_
https://www.researchmoz.us/global-market-study-on-off-street-parking-management-systems-middle-east-and-africa-regional-market-expected-to-register-steady-rise-in-y-o-y-growth-rates-during-2017-2025-report.html/toc
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