According to our (Global Info Research) latest study, the global Parking System Management market size was valued at US$ 1002 million in 2025 and is forecast to a readjusted size of US$ 1604 million by 2032 with a CAGR of 7.0% during review period.
Integration of Smart Technologies: Parking system management is increasingly incorporating smart technologies such as IoT sensors, machine learning algorithms, and real-time data analytics to optimize parking space utilization, improve traffic flow, and enhance user experience. These technologies enable features such as real-time parking availability updates, predictive parking guidance, and automated payment systems, leading to increased efficiency and convenience for drivers.Shift towards Digitalization and Automation: There is a growing trend towards digitalization and automation in parking system management, driven by the need for improved operational efficiency, reduced manpower requirements, and enhanced revenue generation. Automated parking systems, including robotic valet parking, automated ticketing, and license plate recognition, are becoming increasingly prevalent, especially in urban areas with high parking demand.Demand for Contactless Solutions: The COVID-19 pandemic has accelerated the adoption of contactless parking solutions, as individuals seek to minimize physical contact and reduce the risk of virus transmission. Contactless payment options, mobile app-based parking reservations, and touchless entry and exit systems are becoming standard features in parking facilities, offering convenience and peace of mind to users.
This report is a detailed and comprehensive analysis for global Parking System Management market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Parking System Management market size and forecasts, in consumption value ($ Million), 2021-2032
Global Parking System Management market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Parking System Management market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Parking System Management market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Parking System Management
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Parking System Management market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TIBA Parking Systems, ParkMobile, Park Assist, SKIDATA AG, ParkHub, Parkeon, Passport Labs, Inc., ParkWhiz, SpotHero, PayByPhone, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Parking System Management market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardware
Software
Market segment by Application
Business
Residential
Other
Market segment by players, this report covers
TIBA Parking Systems
ParkMobile
Park Assist
SKIDATA AG
ParkHub
Parkeon
Passport Labs, Inc.
ParkWhiz
SpotHero
PayByPhone
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Parking System Management product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Parking System Management, with revenue, gross margin, and global market share of Parking System Management from 2021 to 2026.
Chapter 3, the Parking System Management competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Parking System Management market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Parking System Management.
Chapter 13, to describe Parking System Management research findings and conclusion.
Summary:
Get latest Market Research Reports on Parking System Management. Industry analysis & Market Report on Parking System Management is a syndicated market report, published as Global Parking System Management Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Parking System Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.