Global On-Street Parking Reservation System Market Research Report 2024

[omkarkadam79]

The global On-Street Parking Reservation System market size was valued at US$ 312.7 million in 2024 and is projected to reach US$ 512.4 million by 2030, at a CAGR of 8.6% during the forecast period 2024-2030.

The United States On-Street Parking Reservation System market size was valued at US$ 87.3 million in 2024 and is projected to reach US$ 138.5 million by 2030, at a CAGR of 8.0% during the forecast period 2024-2030.

Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/8013995/global-onstreet-parking-reservation-system-2024-42

On-Street Parking Reservation Systems are digital platforms that allow drivers to find, reserve, and pay for on-street parking spaces in advance, typically through mobile applications or web interfaces, aiming to reduce traffic congestion and improve urban parking efficiency.

The global On-Street Parking Reservation System market is growing rapidly, driven by increasing urbanization, smart city initiatives, and the need to optimize parking resources in congested urban areas. In 2023, the number of on-street parking spaces managed by reservation systems reached 2.5 million globally, with Europe accounting for 40% of the installed base. The market saw a 25% increase in cities adopting these systems in 2023.

North America leads in technology adoption with a 35% market share, while Asia Pacific is the fastest-growing region at 12% CAGR. Mobile app-based reservations dominate with an 80% share of transactions. The industry is focusing on integrating AI and IoT technologies, with a 30% growth in R&D investments for predictive parking availability and dynamic pricing models.

The market is also witnessing a trend towards interoperability with other urban mobility solutions, such as public transit and bike-sharing systems, growing at 15% annually.

Report Overview

Parking reservation system provides information about parking availability for both drivers and parking providers in a certain area through continuous monitoring.

This report provides a deep insight into the global On-Street Parking Reservation System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global On-Street Parking Reservation System Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the On-Street Parking Reservation System market in any manner.

Global On-Street Parking Reservation System Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Indigo

SP Plus

Kapsch

Q-Park

National Car Parks

Justpark

Parkme

APCOA

LAZ Parking

ACE Parking

Market Segmentation (by Type)

Web-Based

Mobile Application-Based

Voice Call-Based

Market Segmentation (by Application)

Store

Commercial Buildings

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the On-Street Parking Reservation System Market

Overview of the regional outlook of the On-Street Parking Reservation System Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter.

Get the Complete Report & TOC @ https://www.statsmarketresearch.com/global-onstreet-parking-reservation-system-2024-42-8013995


Table of content

Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of On-Street Parking Reservation System
1.2 Key Market Segments
1.2.1 On-Street Parking Reservation System Segment by Type
1.2.2 On-Street Parking Reservation System Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 On-Street Parking Reservation System Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 On-Street Parking Reservation System Market Competitive Landscape
3.1 Global On-Street Parking Reservation System Revenue Market Share by Company (2019-2024)
3.2 On-Street Parking Reservation System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company On-Street Parking Reservation System Market Size Sites, Area Served, Product Type
3.4 On-Street Parking Reservation System Market Competitive Situation and Trends
3.4.1 On-Street Parking Reservation System Market Concentration Rate
3.4.2 Global 5 and 10 Largest On-Street Parking Reservation System Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 On-Street Parking Reservation System Value Chain Analysis
4.1 On-Street Parking Reservation System Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Dev

Customize/Section/Part Purchase @ https://www.statsmarketresearch.com/chapters-purchase/8013995/global-onstreet-parking-reservation-system-2024-42