Global Smart Parking System Market Forecast by Solution, Technology, and Region 2025-2032
Global Smart Parking System Market size was valued at USD 7.2 Bn. in 2024, and the total Global Smart Parking System Market revenue is expected to grow by 20% from 2025 to 2032, reaching nearly USD 47.81 Bn.

Smart Parking System Market Overview

Maximize Market Research provides a brief description of Smart Parking System. It includes the latest snapshots of the Smart Parking System Market, and best understands its features with an overview of the market that highlights standard topics and customizes the data as needed. This overview will help clients decide how to approach the Smart Parking System market and understand the situation in the industry.Global Smart Parking System Market size was valued at USD 7.2 Bn. in 2024, and the total Global Smart Parking System Market revenue is expected to grow by 20% from 2025 to 2032, reaching nearly USD 47.81 Bn.

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Smart Parking System Market Report Scope and Research Methodology 

The research offers an extensive analysis of the global Smart Parking System market encompassing aspects such as size, growth, supply, demand, share, innovations, and recent developments. Key stakeholders can leverage the statistics, tables, and figures in the report for strategic planning that drives organizational success. The Smart Parking System market report includes a comprehensive overview of key players in the Smart Parking System industry, encompassing Company Profile, Revenue, Product Specifications, Production Capacity/Sales, Price, and Gross Margin Sales. Additionally, the report provides a detailed examination of the competitive landscape. The Smart Parking System market size was determined using a bottom-up approach by value estimation. The report employs SWOT analysis and Porter's Five Force Analysis to define, characterize, and analyze the competitive landscape of the Smart Parking System market, with a focus on global key players.

Smart Parking System Market Regional Insights

Gaining a comprehensive grasp of local energy, economic, political, and geographic factors is crucial for conducting a meaningful evaluation of potential policy choices in response to the evolution of the Smart Parking System market across the regions outlined in the report. The report aids clients in comprehending regional insights, thus ensuring a thorough understanding of the impacts of the Smart Parking System# market and identifying local growth prospects and limitations at the country level.

Smart Parking System Market Segmentation

by Hardware

Pucks (Wireless Sensors)
Cameras & LPRs
Smart Meters
Signage
Parking Gates

by Software

Parking Guidance System
Analytics Solutions

by Sensor Technology

Ultrasonic Sensor
Radar Sensor
Image Sensor

by Solution

Security and Surveillance
Parking Reservation Management
Valet Parking Management
License Plate Recognition

by Parking Site

On-Streets
Off-Streets

by Application

Commercial
Government
Transport Transit

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Smart Parking System Market Key Players

North America

1. Altiux Innovations Private Limited
2. Robert Bosch GmbH
3. Streetline
4. Conduent, Inc.
5. SKIDATA GmbH
6. Amano McGann
7. Cisco Systems, Inc.
8. ParkMe, Inc.
9. Civic Smart, Inc. (WI, U.S.)
10. Amco SA. (U.S.)
11. Meter Feeder, Inc. (Pennsylvania)
12. Municipal Parking Services, Inc. (Minnesota)
13. ParkHelp Technologies (California)
14. TKH Group - Park Assist (Netherlands)

Europe

1. Park Assist System Suppliers (Europe)
2. Continental AG (Germany)
3. Kapsch TrafficCom AG (Austria)
4. Intercomp S.p.A. (Italy)
5. Flowbird (France)
6. Smart Parking Ltd. (UK)
7. BMW AG (Germany)
8. INDECT Electronics & Distribution GmbH
9. Kapsch TrafficCom

Asia-Pacific

1. Hikvision Digital Technology Co., Ltd. (China)
2. Huawei Technologies Co., Ltd. (China)
3. Tsinghua Unisplendid Corporation, Ltd. (China
4. Japan Traffic System (JTS) Co., Ltd. (Japan)
5. Secure Meters Pvt. Ltd. (India)
6. Parkable (New-Zealand)
7. Mindteck (India)
8. Aisin Seiki (Japan).
9. Park Assist

Key questions answered in the Smart Parking System Market are:

  • What is Smart Parking System?
  • What are the Smart Parking System market segments?
  • What are the major drivers of the Smart Parking System Market?
  • What factors are expected to challenge the market growth during the forecast period?
  • Which region held the largest Smart Parking System market share?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2025−2032
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by segments and sub-segments
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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