Smart Parking Market Global Industry Analysis Segments Top Key Players Drivers And Trends To 2029 | Act-On Software Inc., Adobe Systems Inc., Cognizant

(Industry News Wire via Comtex)

Overview of Smart Parking Market Report 2020

A new report titled, "Global Smart Parking Market Professional Report 2020-2029" has been added by Straits Research in its repository of research reports. The report studies the market and highlights the strengths, weaknesses, threats, and opportunities in a profound manner.

The global smart parking market accounted for over USD 2.8 billion in 2017 and is expected to grow at a CAGR of 10.1% during the forecast period, 2019-2026.

The report splits the market into different segments and sub-segments which have been validated and verified through primary research by carrying out several interviews with individuals holding key positions in the industry, including executives, directors, CEOs, and VPs. Furthermore, the report includes data triangulation and market breakdown processes to complete the entire market engineering process and determine the accurate statistics for all segments and sub-segments.

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Leading market players Insights: Some of the prominent players in the global smart parking market are Act-On Software Inc. (U.S.), Adobe Systems Inc. (U.S.), Cognizant (U.S.), Hubspot, Inc. (U.S.), IBM Corporation (U.S.), Marketo, Inc. (U.S.), Oracle Corporation (U.S.), Salesforce.com, Inc. (U.S.), Teradata Corporation (U.S.), Infusion Software Inc. (U.S.) and SAS (U.S.), among others.

These key players have adopted both organic and inorganic growth strategies, including new product launches and developments, joint ventures, partnerships, research and development (R&D) activities, agreements, contracts, collaborations, and mergers & acquisitions (M&A) to strengthen their position in the market.

This report forecasts revenue growth at the global, regional, and local levels and provides an analysis of the most recent industry trends from 2018 to 2026 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Market Insights with Segmentation:

By Parking Site, On-street, Off-street
By Application, Government, Commercial
By Technology, IoT, Ultrasonic, RFID
By Solution, Security & Surveillance, Smart Payment System, E-parking, License Plate Recognition

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Study Objectives of Global Smart Parking Market:

  • To provide an in-depth analysis of the overall structure of the market along with the forecast of the various segments and sub-segments of the global Smart Parking market.
  • To provide insights about the factors influencing the growth of the market.
  • To study the global Smart Parking market on the basis of porter's five forces analysis, SWOT, and pestel analysis.
  • To provide historical and forecast revenue of the market segments and their sub-segments with regards to regional distribution, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
  • To provide detailed country-level analysis of the global Smart Parking market to determine the current market size and the future prospective.
  • To provide a comprehensive analysis of the market for segments by product type, technology used, end-users, applications, and region.
  • To strategically profile the leading players functioning in the global Smart Parking market, comprehensively analyzing their core competencies, and framing a competitive advantage for the market.

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