Last Updated: 06-04-2026 | Format: PDF | Report ID:21548 | Author: Lena
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $2,300 Million |
| What is the projected market size by 2035? | $6,800 Million |
| What is the market CAGR from 2025 to 2035? | 11.4% |
| Which region dominates the market? | North America (29%) |
| Which product/service type dominates the market? | Smart Parking (32%) |
| Which application leads the market? | Commercial (35%) |
| Who are the major buyers? | Commercial Developers (32%), Municipalities (25%) |
| What are the key market growth drivers? | Global push for sustainable urban infrastructure; Accelerated EV adoption |
| What are the major market challenges? | High initial capital investment in advanced green parking infrastructure remains a challenge; Complex integration of legacy infrastructure with next-gen systems |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| What is the forecast period? | 2026–2035 |
| Who are the key market players? | ParkMobile, Park+, Amano Corporation, Indigo Group, Park Assist, SKIDATA, Flowbird, Q-Park, TIBA Parking Systems, Siemens, Bosch Parking Solutions, Swarco, Streetline, FlashParking, Municipal Parking Services Inc. (MPS) |
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