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U.S. Parking Management Software Market

U.S. Parking Management Software Market By Solution (Access Control, Revenue Management, Parking Security and Surveillance, Parking Reservation Management, Analytics Solutions); By Application (On-Premise, Cloud-Based); By End-User (Residential, Commercial, Government and Municipalities); By Deployment (On-Premise, Cloud-Based) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
U.S. Parking Management Software Market Size 2024	USD 1487.11 million
U.S. Parking Management Software Market, CAGR	7.95%
U.S. Parking Management Software Market Size 2032	USD 2743.16 million

Market Overview:

The U.S. Parking Management Software Market is projected to grow from USD 1487.11 million in 2024 to an estimated USD 2743.16 million by 2032, with a compound annual growth rate (CAGR) of 7.95% from 2024 to 2032.

The growth of the U.S. parking management software market is primarily driven by several key factors. Firstly, the continuous rise in urbanization and vehicle ownership has intensified the demand for efficient parking solutions. As cities expand and populations grow, the need for advanced systems that can alleviate traffic congestion and optimize limited parking spaces becomes crucial. Secondly, technological advancements are transforming the parking landscape. The integration of the Internet of Things (IoT), artificial intelligence (AI), and cloud-based solutions has enhanced the efficiency of parking systems by enabling real-time data collection, automated payment processes, and seamless user experiences. Lastly, increasing environmental concerns are contributing to market growth. Efficient parking management systems play a vital role in reducing greenhouse gas emissions by minimizing the time vehicles spend idling in search of parking, thus promoting sustainable urban mobility.

The adoption of parking management software in the United States shows significant regional variations. North America, particularly the U.S., dominates the market with a notable share, driven by the high rate of vehicle ownership and the pressing need to mitigate traffic congestion. Major urban centers such as New York City, Los Angeles, and Chicago have been early adopters of advanced parking technologies. These densely populated cities face challenges related to limited parking availability, which has accelerated the adoption of smart parking solutions. Furthermore, regional governments and municipalities are increasingly investing in digital infrastructure to modernize parking systems, ensuring smoother traffic flow and better utilization of urban spaces. This regional push towards innovation and smart city initiatives continues to drive the growth of the parking management software market across the country.

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Market Insights:

The U.S. Parking Management Software Market is expected to witness significant growth, expanding from 2024 to 2032 with a notable compound annual growth rate (CAGR) of 7.95%.
Rising urbanization and increased vehicle ownership are major growth drivers, intensifying the demand for advanced parking management systems to reduce congestion and optimize limited parking spaces.
Technological advancements, particularly the integration of IoT, AI, and cloud-based solutions, are enhancing the efficiency of parking operations by enabling real-time data collection and automated payment processing.
Growing environmental concerns are encouraging the adoption of efficient parking systems that minimize vehicle idling and emissions, contributing to sustainable urban mobility.
Regional variations exist, with major urban centers like New York City, Los Angeles, and Chicago leading the adoption of smart parking solutions due to high population densities and limited parking availability.
Government investments in digital infrastructure and smart city initiatives are accelerating the modernization of parking systems, improving traffic flow and urban space utilization.
Key challenges include high implementation costs, system integration complexities, and data security concerns, which may affect the pace of market growth and technology adoption.

Market Drivers:

Urbanization and Increased Vehicle Ownership

The rapid urbanization in the United States has led to a significant increase in vehicle ownership, intensifying the demand for efficient parking solutions. For instance, cities are implementing strategies to redistribute parking demand by extending paid parking zones and encouraging off-street facilities, which helps reduce congestion and optimize urban space usage. As urban areas become more densely populated, the availability of parking spaces diminishes, leading to congestion and inefficiencies. This scenario necessitates advanced parking management software that can optimize space utilization, streamline parking operations, and enhance the overall urban mobility experience. The growing number of vehicles in urban centers underscores the critical need for sophisticated parking management systems to address these challenges effectively.

Technological Advancements in Parking Solutions

The integration of cutting-edge technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing has revolutionized parking management systems. IoT-enabled sensors provide real-time data on parking space availability, reducing the time drivers spend searching for spots and thereby decreasing traffic congestion. For instance, in the San Francisco Bay area, CityLift has implemented a fully automated parking system, the Hive Parking Structure, which maximizes space efficiency by turning seven standard parking spaces into 39. AI-driven analytics facilitate predictive modeling of parking demand, allowing for dynamic pricing and efficient resource allocation. Cloud-based platforms offer centralized control and scalability, enabling seamless updates and maintenance. These technological advancements not only improve operational efficiency but also enhance user satisfaction by providing convenient and reliable parking solutions.

Environmental Sustainability Initiatives

There is a growing emphasis on environmental sustainability within urban planning and development. Efficient parking management systems contribute to this goal by reducing vehicle idling times and minimizing emissions associated with searching for parking. By optimizing traffic flow and decreasing congestion, these systems play a pivotal role in lowering urban carbon footprints. For instance, the City of Vancouver mandates that 100% of parking spaces in multi-family dwellings be EV-ready, while commercial buildings must have 10% of spaces equipped for EV charging. These requirements reflect a growing commitment to supporting the transition to cleaner transportation. Cities adopting smart parking solutions are better positioned to meet environmental regulations and promote sustainable living practices, aligning with global efforts to combat climate change.

Government Support and Smart City Initiatives

Government initiatives aimed at developing smart cities have significantly propelled the adoption of advanced parking management solutions. Investments in intelligent transportation systems and infrastructure modernization projects often include the deployment of smart parking technologies. These initiatives not only improve urban mobility but also enhance economic productivity by reducing time wasted in traffic and parking searches. For example, cities are implementing policies to regulate cars more effectively, including emission-based regulations to encourage cleaner vehicles. The alignment of parking management advancements with governmental policies and funding opportunities has created a conducive environment for the proliferation of these technologies across various urban centers.

Market Trends:

Integration of Advanced Technologies

The U.S. parking management software market is witnessing a significant trend towards the integration of advanced technologies. Innovations such as sensor-based systems and Internet of Things (IoT) integration are being increasingly adopted to provide real-time tracking of parking space availability, thereby reducing search times and alleviating traffic congestion. For instance, sensors are installed at the entrance and exit points of car parks to track the number of vehicles, providing accurate data on occupied and vacant spots. Additionally, advancements in cloud-based platforms and artificial intelligence (AI) technologies are enabling dynamic pricing and predictive analytics, optimizing parking space usage and enhancing operational efficiency.

Emergence of Radar Sensor Technology

Radar sensors are emerging as a rapidly growing segment within the parking management market due to their ability to provide reliable, accurate, and real-time data for parking management systems. These sensors utilize electromagnetic waves to detect objects within their range, making them highly effective for monitoring parking spaces and vehicle movements under various environmental conditions, including poor visibility or harsh weather. For example, Siemens has developed a radar sensor system that can scan larger areas, detect multiple cars, and even identify obstructive parking, helping to manage traffic flow more efficiently. The adoption of radar sensor technology signifies a shift towards more precise and dependable parking management solutions.

Adoption of Cloud-Based Solutions

There is a notable shift towards cloud-based platforms in the parking management software market, offering scalability, flexibility, and accessibility. Cloud-based solutions facilitate seamless updates and maintenance, reduce the need for on-premise infrastructure, and enable real-time data access from any location. Easy Park’s cloud-based smart parking system, for instance, enhances operational efficiency by streamlining parking space allocation and reducing congestion. This transition allows for more efficient management of parking resources and enhances the ability to respond swiftly to changing demands, thereby improving overall operational efficiency.

Focus on Interoperability and Open Data Standards

A growing emphasis on interoperability and open data standards is shaping the parking management ecosystem. Developing solutions that integrate seamlessly with other transportation systems, such as public transit networks and ride-sharing platforms, is becoming increasingly important. Open data standards facilitate data sharing among different stakeholders, enabling better coordination and decision-making to address urban mobility challenges effectively. For example, the proposed ParkingJSON standard aims to provide a common format for parking data, supporting interoperability across various parking infrastructures and enhancing data integrity. This trend towards interoperability reflects a holistic approach to urban transportation planning and management.

Market Challenges Analysis:

System Integration Challenges

The U.S. parking management software market faces significant challenges in integrating diverse hardware and software platforms. The variety of sensors, cameras, payment gateways, and other technologies involved often lack standardization, leading to interoperability issues. This diversity complicates the seamless integration of new systems with existing infrastructure, hindering scalability and the efficient deployment of comprehensive parking solutions.

High Implementation and Maintenance Costs

Implementing advanced parking management systems requires substantial financial investment. The costs associated with deploying sophisticated technologies, coupled with ongoing maintenance expenses, can be prohibitive, especially for smaller municipalities or private operators with limited budgets. This financial barrier often delays the adoption of modern parking solutions, affecting the overall growth of the market.

Data Security and Privacy Concerns

The increasing reliance on digital platforms for parking management raises significant data security and privacy issues. Systems that collect and store user information are vulnerable to cyber threats, making the protection of sensitive data a critical concern. Ensuring robust cybersecurity measures is essential to maintain user trust and comply with regulatory requirements, presenting an ongoing challenge for service providers.

Resistance to Technological Adoption

Some stakeholders exhibit reluctance to adopt new parking management technologies due to concerns about system reliability and the complexity of transitioning from traditional methods. This resistance can stem from a lack of technical expertise, fear of operational disruptions, or skepticism about the return on investment. Overcoming this inertia is crucial for the widespread implementation of advanced parking solutions.

Market Opportunities:

The U.S. parking management software market is anticipated to experience significant growth, driven by the rising adoption of advanced technologies and the increasing need for efficient urban mobility solutions. This growth presents considerable opportunities for stakeholders to develop and implement innovative parking management solutions that meet the evolving demands of modern urban environments. The market is also shaped by changing consumer preferences, with users seeking more convenient, automated, and user-friendly parking experiences. Furthermore, government initiatives focused on enhancing urban infrastructure and reducing congestion are expected to further propel market development and encourage the adoption of smart parking solutions.

The integration of advanced technologies, including the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing, is transforming the parking landscape. These technologies enable real-time data collection, predictive analytics, and automated processes, enhancing both operational efficiency and user experience. Additionally, the growing focus on environmental sustainability and the reduction of greenhouse gas emissions underscores the importance of efficient parking management systems in minimizing vehicle idling and alleviating traffic congestion. As cities continue to expand and prioritize the development of smart infrastructure, the demand for sophisticated parking management software is expected to grow, creating opportunities for companies to innovate and expand their market presence.

Market Segmentation Analysis:

The U.S. Parking Management Software Market is segmented into various categories, each contributing to the market’s overall growth and development.

By Solution Segment, the market is driven by the increasing demand for efficient and secure parking systems. Access Control solutions are vital for ensuring authorized vehicle entry and enhancing security measures. Revenue Management solutions help optimize pricing and maximize profitability for parking operators. Parking Security and Surveillance systems are crucial for ensuring the safety of vehicles and deterring theft or vandalism. Parking Reservation Management solutions offer convenient options for users to book spaces in advance, enhancing customer satisfaction. Meanwhile, Analytics Solutions play a key role in providing data-driven insights for better operational decision-making.

By Application Segment, the market is categorized into On-Premise and Cloud-Based solutions. On-premise systems offer robust control and data security for enterprises, while cloud-based solutions provide scalability, real-time updates, and flexibility, making them ideal for dynamic urban environments.

By End-User Segment, the market serves diverse sectors. The Residential segment focuses on efficient management of private parking spaces. The Commercial segment, including shopping malls and office complexes, prioritizes customer convenience and traffic flow optimization. The Government and Municipalities segment seeks solutions to enhance urban mobility and manage public parking infrastructures effectively.

By Deployment Segment, the market is divided into On-Premise and Cloud-Based solutions. Cloud-based deployments are gaining traction due to lower upfront costs and easier scalability, while on-premise solutions remain preferred for organizations prioritizing data control.

Segmentation:

By Solution Segment

Access Control
Revenue Management
Parking Security and Surveillance
Parking Reservation Management
Analytics Solutions

By Application Segment

On-Premise
Cloud-Based

By End-User Segment

Residential
Commercial
Government and Municipalities

By Deployment Segment

On-Premise
Cloud-Based

Regional Analysis:

Within the United States, the adoption and implementation of parking management software exhibit regional variations influenced by factors such as urban density, technological infrastructure, and local government initiatives.

Northeastern United States

The Northeastern region, encompassing states like New York, Massachusetts, and Pennsylvania, has been proactive in adopting parking management solutions. The high population density and urbanization in cities such as New York City and Boston necessitate efficient parking systems to alleviate congestion. Initiatives to integrate smart parking technologies have been supported by local governments aiming to improve urban mobility and reduce environmental impacts.

Midwestern United States

In the Midwest, states like Illinois, Michigan, and Ohio have shown a growing interest in modernizing parking infrastructures. Cities such as Chicago and Detroit are implementing parking management software to revitalize urban centers and support economic development. The focus has been on integrating these systems with public transportation to create seamless mobility solutions for residents and visitors.

Southern United States

The Southern region, including states like Texas, Florida, and Georgia, has experienced rapid urban growth, leading to increased vehicle ownership. Cities such as Houston, Miami, and Atlanta are investing in parking management software to address traffic congestion and enhance the efficiency of parking facilities. The adoption rate in this region is expected to rise as urbanization continues and the demand for smart city solutions grows.

Western United States

The Western region, particularly California, has been at the forefront of implementing advanced parking management systems. Cities like Los Angeles and San Francisco face significant traffic challenges, prompting the adoption of innovative parking solutions. The emphasis on environmental sustainability and technological innovation in this region has accelerated the integration of smart parking technologies.

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Key Player Analysis:

ParkMobile, LLC
Passport Parking Inc.
Cisco Systems, Inc.
Amano Corporation
TIBA Parking Systems
FlashParking
SP Plus Corporation
LAZ Parking Ltd, LLC
ParkingSoft
Q-Free ASA (U.S. operations)

Competitive Analysis:

The U.S. parking management software market is characterized by a diverse landscape of competitors, each striving to address the increasing demand for efficient parking solutions driven by urbanization and technological advancements. Prominent players in this sector include Amano McGann, SWARCO, SKIDATA, Chetu, INRIX, FAAC Technologies, TIBA Parking Systems, FlashParking, Passport Labs, Get My Parking, and DESIGNA. These companies offer a range of services, from mobile payment solutions to comprehensive parking management systems, catering to both public and private sectors. For instance, FAAC Mobility Services focuses on generating revenue from parking assets by employing proprietary software for complex parking needs. The competitive environment is further intensified by the integration of emerging technologies such as the Internet of Things (IoT), artificial intelligence (AI), and cloud computing, which enhance the functionality and user experience of parking systems. As urban areas continue to grow and the number of vehicles increases, the demand for innovative parking management solutions is expected to rise, encouraging ongoing competition and technological advancement within the industry.

Recent Developments:

In July 2022, Flowbird Groupexpanded its digital capabilities through the acquisition of YourParkingSpace. This strategic move enhances Flowbird’s off-street parking services, particularly in the UK market, but also aligns with the company’s broader strategy to broaden its offerings in digital parking solutions, tapping into the growing demand for integrated parking system.
In September 2023, TIBA Parking Systems partnered with REEF Technology to create a data-driven platform for parking operators and landlords. This partnership aims to enhance the parking experience by leveraging data insights.

Market Concentration & Characteristics:

The U.S. parking management software market exhibits a moderately fragmented structure, with numerous players contributing to its ongoing development. The market is witnessing substantial growth, driven by factors such as increasing urbanization, the rise in vehicle ownership, and the escalating demand for efficient parking solutions. This competitive landscape encourages innovation and competitive pricing, offering diverse options to end-users and fostering dynamic market growth. The trend towards integrating advanced technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) is set to revolutionize parking management systems. These technologies enhance operational efficiency, enable real-time data collection, and improve the overall user experience. Additionally, the market is expected to benefit from strategic collaborations and partnerships among key players, aimed at fostering innovation and expanding market reach. As cities continue to evolve and smart infrastructure becomes more prevalent, the U.S. parking management software market is poised for continued growth and diversification, offering ample opportunities for both established and emerging players.

Report Coverage:

The research report offers an in-depth analysis based on By Solution Segment, By Application Segment, By End-User Segment and By Deployment Segment. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

The U.S. parking management software market is projected to experience significant growth over the forecast period, driven by increasing demand for efficient and automated parking solutions.
Increasing urbanization and vehicle ownership will drive the demand for efficient and automated parking solutions.
Advancements in IoT and AI technologies will enhance real-time parking analytics and predictive management capabilities.
Integration of cloud-based platforms will streamline operations, offering scalability and improved data management.
The rise of smart city initiatives will accelerate the adoption of intelligent parking management systems.
Environmental concerns will encourage the development of eco-friendly and sustainable parking solutions.
Growing investments in digital infrastructure will enhance the deployment of advanced parking technologies.
Increased focus on mobile applications and digital payment solutions will improve user convenience and experience.
The market will see heightened competition as both established players and startups innovate to capture market share.
Regulatory support for efficient urban mobility will encourage the deployment of integrated and automated parking systems.

CHAPTER NO. 1 : INTRODUCTION 20

1.1.1. Report Description 20

Purpose of the Report 20

USP & Key Offerings 20

1.1.2. Key Benefits for Stakeholders 20

1.1.3. Target Audience 21

1.1.4. Report Scope 21

CHAPTER NO. 2 : EXECUTIVE SUMMARY 22

2.1. Parking Management Software Market Snapshot 22

2.1.1. U.S. Parking Management Software Market, 2018 – 2032 (USD Million) 23

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 24

3.1. Russia-Ukraine and Israel-Palestine War Impacts 24

CHAPTER NO. 4 : PARKING MANAGEMENT SOFTWARE MARKET – INDUSTRY ANALYSIS 25

4.1. Introduction 25

4.2. Market Drivers 26

4.2.1. Rising urbanization and demand for smart city infrastructure 26

4.2.2. Increasing adoption of cashless and contactless payment systems 27

4.3. Market Restraints 28

4.3.1. High initial costs of implementation 28

4.4. Market Opportunities 29

4.4.1. Integration of AI and IoT technologies for advanced parking management 29

4.5. Porter’s Five Forces Analysis 30

4.6. Buying Criteria 31

CHAPTER NO. 5 : IMPORT EXPORT ANALYSIS 32

5.1. Import Analysis by U.S. 32

5.1.1. U.S. Parking Management Software Market Import Volume/Revenue, By U.S., 2018 – 2023 32

5.2. Export Analysis by U.S. 33

5.2.1. U.S. Parking Management Software Market Export Volume/Revenue, By U.S., 2018 – 2023 33

CHAPTER NO. 6 : DEMAND SUPPLY ANALYSIS 34

6.1. Demand Analysis by U.S. 34

6.1.1. U.S. Parking Management Software Market Demand Volume/Revenue, By U.S., 2018 – 2023 34

6.2. Supply Analysis by U.S. 35

6.2.1. U.S. Parking Management Software Market Supply Volume/Revenue, By U.S., 2018 – 2023 35

CHAPTER NO. 7 : PRODUCTION ANALYSIS 36

7.1. Production Analysis by U.S. 36

7.1.1. U.S. Parking Management Software Market Production Volume/Revenue, By U.S., 2018 – 2023 36

CHAPTER NO. 8 : PRICE ANALYSIS 37

8.1. Price Analysis by Solution 37

8.1.1. U.S. Parking Management Software Market Price, By Solution, 2018 – 2023 37

8.1.2. U.S. Solution Market Price, By Solution, 2018 – 2023 37

CHAPTER NO. 9 : RAW MATERIALS ANALYSIS 38

9.1. Key Raw Materials and Suppliers 38

9.2. Key Raw Materials Price Trend 38

CHAPTER NO. 10 : MANUFACTURING COST ANALYSIS 39

10.1. Manufacturing Cost Analysis 39

10.2. Manufacturing Process 39

CHAPTER NO. 11 : ANALYSIS COMPETITIVE LANDSCAPE 40

11.1. Company Market Share Analysis – 2023 40

11.2. Value Chain Analysis 40

11.2.1. U.S. Parking Management Software Market: Company Market Share, by Volume, 2023 41

11.2.2. U.S. Parking Management Software Market: Company Market Share, by Revenue, 2023 42

11.2.3. U.S. Parking Management Software Market: Top 6 Company Market Share, by Revenue, 2023 42

11.2.4. U.S. Parking Management Software Market: Top 3 Company Market Share, by Revenue, 2023 43

11.3. U.S. Parking Management Software Market Company Volume Market Share, 2023 44

11.4. U.S. Parking Management Software Market Company Revenue Market Share, 2023 45

11.5. Company Assessment Metrics, 2023 45

11.5.1. Stars 45

11.5.2. Emerging Leaders 45

11.5.3. Pervasive Players 45

11.5.4. Participants 45

11.6. Start-ups /SMEs Assessment Metrics, 2023 45

11.6.1. Progressive Companies 45

11.6.2. Responsive Companies 46

11.6.3. Dynamic Companies 46

11.6.4. Starting Blocks 46

11.7. Strategic Developments 47

11.7.1. Acquisitions & Mergers 47

New Product Launch 47

U.S. Expansion 47

11.8. Key Players Product Matrix 48

CHAPTER NO. 12 : PESTEL & ADJACENT MARKET ANALYSIS 49

12.1. PESTEL 49

12.1.1. Political Factors 49

12.1.2. Economic Factors 49

12.1.3. Social Factors 49

12.1.4. Technological Factors 49

12.1.5. Environmental Factors 49

12.1.6. Legal Factors 49

12.2. Adjacent Market Analysis 49

CHAPTER NO. 13 : PARKING MANAGEMENT SOFTWARE MARKET – BY SOLUTION SEGMENT ANALYSIS 50

13.1. Parking Management Software Market Overview, by Solution Segment 50

13.1.1. Parking Management Software Market Revenue Share, By Solution, 2023 & 2032 51

13.1.2. Parking Management Software Market Attractiveness Analysis, By Solution 52

13.1.3. Incremental Revenue Growth Opportunity, by Solution, 2024 – 2032 52

13.1.4. Parking Management Software Market Revenue, By Solution, 2018, 2023, 2027 & 2032 53

13.2. Access Control 54

13.3. Revenue Management 55

13.4. Parking Security and Surveillance 56

13.5. Parking Reservation Management 57

13.6. Analytics Solutions 58

CHAPTER NO. 14 : PARKING MANAGEMENT SOFTWARE MARKET – BY APPLICATION SEGMENT ANALYSIS 59

14.1. Parking Management Software Market Overview, by Application Segment 59

14.1.1. Parking Management Software Market Revenue Share, By Application, 2023 & 2032 60

14.1.2. Parking Management Software Market Attractiveness Analysis, By Application 61

14.1.3. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 61

14.1.4. Parking Management Software Market Revenue, By Application, 2018, 2023, 2027 & 2032 62

14.2. On-Premise 63

14.3. Cloud-Based 64

CHAPTER NO. 15 : PARKING MANAGEMENT SOFTWARE MARKET – BY END-USER SEGMENT ANALYSIS 65

15.1. Parking Management Software Market Overview, by End-user Segment 65

15.1.1. Parking Management Software Market Revenue Share, By End-user, 2023 & 2032 66

15.1.2. Parking Management Software Market Attractiveness Analysis, By End-user 67

15.1.3. Incremental Revenue Growth Opportunity, by End-user, 2024 – 2032 67

15.1.4. Parking Management Software Market Revenue, By End-user, 2018, 2023, 2027 & 2032 68

15.2. Residential 69

15.3. Commercial 70

15.4. Government and Municipalities 71

CHAPTER NO. 16 : PARKING MANAGEMENT SOFTWARE MARKET – BY DEPLOYMENT SEGMENT ANALYSIS 72

16.1. Parking Management Software Market Overview, by Deployment Segment 72

16.1.1. Parking Management Software Market Revenue Share, By Deployment, 2023 & 2032 73

16.1.2. Parking Management Software Market Attractiveness Analysis, By Deployment 74

16.1.3. Incremental Revenue Growth Opportunity, by Deployment, 2024 – 2032 74

16.1.4. Parking Management Software Market Revenue, By Deployment, 2018, 2023, 2027 & 2032 75

16.2. On-Premise 76

16.3. Cloud-Based 77

CHAPTER NO. 17 : PARKING MANAGEMENT SOFTWARE MARKET – U.S. ANALYSIS 78

17.1. Solution 78

17.1.1. U.S. Parking Management Software Market Revenue, By Solution, 2018 – 2023 (USD Million) 78

17.2. U.S. Parking Management Software Market Revenue, By Solution, 2024 – 2032 (USD Million) 78

17.3. Application 79

17.3.1. U.S. Parking Management Software Market Revenue, By Application, 2018 – 2023 (USD Million) 79

17.3.2. U.S. Parking Management Software Market Revenue, By Application, 2024 – 2032 (USD Million) 79

17.4. End-user 80

17.4.1. U.S. Parking Management Software Market Revenue, By End-user, 2018 – 2023 (USD Million) 80

17.4.2. U.S. Parking Management Software Market Revenue, By End-user, 2024 – 2032 (USD Million) 80

17.5. Deployment 81

17.5.1. U.S. Parking Management Software Market Revenue, By Deployment, 2018 – 2023 (USD Million) 81

17.5.2. U.S. Parking Management Software Market Revenue, By Deployment, 2024 – 2032 (USD Million) 81

CHAPTER NO. 18 : COMPANY PROFILES 82

18.1. ParkMobile, LLC 82

18.1.1. Company Overview 82

18.1.2. Product Portfolio 82

18.1.3. Swot Analysis 82

18.1.4. Business Strategy 83

18.1.5. Financial Overview 83

18.2. Passport Parking Inc. 84

18.3. Cisco Systems, Inc. 84

18.4. Amano Corporation 84

18.5. TIBA Parking Systems 84

18.6. FlashParking 84

18.7. SP Plus Corporation 84

18.8. LAZ Parking Ltd, LLC 84

18.9. ParkingSoft 84

18.10. Q-Free ASA (U.S. operations) 84

List of Figures

FIG NO. 1. U.S. Parking Management Software Market Revenue, 2018 – 2032 (USD Million) 23

FIG NO. 2. Porter’s Five Forces Analysis for U.S. Parking Management Software Market 30

FIG NO. 3. U.S. Parking Management Software Market Import Volume/Revenue, By U.S., 2018 – 2023 32

FIG NO. 4. U.S. Parking Management Software Market Export Volume/Revenue, By U.S., 2018 – 2023 33

FIG NO. 5. U.S. Parking Management Software Market Demand Volume/Revenue, By U.S., 2018 – 2023 34

FIG NO. 6. U.S. Parking Management Software Market Supply Volume/Revenue, By U.S., 2018 – 2023 35

FIG NO. 7. U.S. Parking Management Software Market Production Volume/Revenue, By U.S., 2018 – 2023 36

FIG NO. 8. U.S. Parking Management Software Market Price, By Solution, 2018 – 2023 37

FIG NO. 9. Raw Materials Price Trend Analysis, 2018 – 2023 38

FIG NO. 10. Manufacturing Cost Analysis 39

FIG NO. 11. Manufacturing Process 39

FIG NO. 12. Value Chain Analysis for U.S. Parking Management Software Market 40

FIG NO. 13. Company Share Analysis, 2023 41

FIG NO. 14. Company Share Analysis, 2023 42

FIG NO. 15. Company Share Analysis, 2023 42

FIG NO. 16. Company Share Analysis, 2023 43

FIG NO. 17. Parking Management Software Market – Company Volume Market Share, 2023 44

FIG NO. 18. Parking Management Software Market – Company Revenue Market Share, 2023 45

FIG NO. 19. Parking Management Software Market Revenue Share, By Solution, 2023 & 2032 51

FIG NO. 20. Market Attractiveness Analysis, By Solution 52

FIG NO. 21. Incremental Revenue Growth Opportunity by Solution, 2024 – 2032 52

FIG NO. 22. Parking Management Software Market Revenue, By Solution, 2018, 2023, 2027 & 2032 53

FIG NO. 23. U.S. Parking Management Software Market for Access Control, Revenue (USD Million) 2018 – 2032 54

FIG NO. 24. U.S. Parking Management Software Market for Revenue Management, Revenue (USD Million) 2018 – 2032 55

FIG NO. 25. U.S. Parking Management Software Market for Parking Security and Surveillance, Revenue (USD Million) 2018 – 2032 56

FIG NO. 26. U.S. Parking Management Software Market for Parking Reservation Management, Revenue (USD Million) 2018 – 2032 57

FIG NO. 27. U.S. Parking Management Software Market for Analytics Solutions, Revenue (USD Million) 2018 – 2032 58

FIG NO. 28. Parking Management Software Market Revenue Share, By Application, 2023 & 2032 60

FIG NO. 29. Market Attractiveness Analysis, By Application 61

FIG NO. 30. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 61

FIG NO. 31. Parking Management Software Market Revenue, By Application, 2018, 2023, 2027 & 2032 62

FIG NO. 32. U.S. Parking Management Software Market for On-Premise, Revenue (USD Million) 2018 – 2032 63

FIG NO. 33. U.S. Parking Management Software Market for Cloud-Based, Revenue (USD Million) 2018 – 2032 64

FIG NO. 34. Parking Management Software Market Revenue Share, By End-user, 2023 & 2032 66

FIG NO. 35. Market Attractiveness Analysis, By End-user 67

FIG NO. 36. Incremental Revenue Growth Opportunity by End-user, 2024 – 2032 67

FIG NO. 37. Parking Management Software Market Revenue, By End-user, 2018, 2023, 2027 & 2032 68

FIG NO. 38. U.S. Parking Management Software Market for Residential, Revenue (USD Million) 2018 – 2032 69

FIG NO. 39. U.S. Parking Management Software Market for Commercial, Revenue (USD Million) 2018 – 2032 70

FIG NO. 40. U.S. Parking Management Software Market for Government and Municipalities, Revenue (USD Million) 2018 – 2032 71

FIG NO. 41. Parking Management Software Market Revenue Share, By Deployment, 2023 & 2032 73

FIG NO. 42. Market Attractiveness Analysis, By Deployment 74

FIG NO. 43. Incremental Revenue Growth Opportunity by Deployment, 2024 – 2032 74

FIG NO. 44. Parking Management Software Market Revenue, By Deployment, 2018, 2023, 2027 & 2032 75

FIG NO. 45. U.S. Parking Management Software Market for On-Premise, Revenue (USD Million) 2018 – 2032 76

FIG NO. 46. U.S. Parking Management Software Market for Cloud-Based, Revenue (USD Million) 2018 – 2032 77

List of Tables

TABLE NO. 1. : U.S. Parking Management Software Market: Snapshot 22

TABLE NO. 2. : Drivers for the Parking Management Software Market: Impact Analysis 26

TABLE NO. 3. : Restraints for the Parking Management Software Market: Impact Analysis 28

TABLE NO. 4. : U.S. Parking Management Software Market Revenue, By Solution, 2018 – 2023 37

TABLE NO. 5. : Key Raw Materials & Suppliers 38

TABLE NO. 6. : U.S. Parking Management Software Market Revenue, By Solution, 2018 – 2023 (USD Million) 78

TABLE NO. 7. : U.S. Parking Management Software Market Revenue, By Solution, 2024 – 2032 (USD Million) 78

TABLE NO. 8. : U.S. Parking Management Software Market Revenue, By Application, 2018 – 2023 (USD Million) 79

TABLE NO. 9. : U.S. Parking Management Software Market Revenue, By Application, 2024 – 2032 (USD Million) 79

TABLE NO. 10. : U.S. Parking Management Software Market Revenue, By End-user, 2018 – 2023 (USD Million) 80

TABLE NO. 11. : U.S. Parking Management Software Market Revenue, By End-user, 2024 – 2032 (USD Million) 80

TABLE NO. 12. : U.S. Parking Management Software Market Revenue, By Deployment, 2018 – 2023 (USD Million) 81

TABLE NO. 13. : U.S. Parking Management Software Market Revenue, By Deployment, 2024 – 2032 (USD Million) 81

Frequently Asked Questions

What is the current size of the U.S. Parking Management Software Market?

The U.S. Parking Management Software Market is projected to grow from USD 1,487.11 million in 2024 to an estimated USD 2,743.16 million by 2032, with a compound annual growth rate (CAGR) of 7.95% during the forecast period.

What factors are driving the growth of the U.S. Parking Management Software Market?

Key growth drivers include increasing urbanization, rising vehicle ownership, technological advancements such as IoT and AI integration, and the need to reduce traffic congestion and optimize parking spaces. Environmental concerns are also encouraging the adoption of efficient parking systems to reduce vehicle idling and emissions.

Who are the major players in the U.S. Parking Management Software Market?

Major players in the market include Amano McGann, SWARCO, SKIDATA, Chetu, INRIX, FAAC Technologies, TIBA Parking Systems, and FlashParking.

Which regions are leading the U.S. Parking Management Software Market?

Major urban centers like New York City, Los Angeles, and Chicago are leading in adopting advanced parking management technologies due to high population densities, vehicle ownership, and regional government investments in smart infrastructure.

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