Smart Parking Market in Western Europe 2016-2020

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?

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