The global smart parking market is expected to grow at a CAGR of around 21.2% during 2023-2030. This report on global smart parking market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global smart parking market by segmenting the market based on type, technology, application and region. Also, detailed profiles of companies operating in the smart parking market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Increase in traffic congestion
• Growing adoption of integrated automated solutions
• Rise in investment on building driverless vehicles

Market Challenges
• High Implementation Cost
• Configuration Complexity

Historical & Forecast Period

Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030

Market by Type
• Off-street
• On-street

Market by Technology
• Iot
• Ultrasonic
• RFID

Market by Application
• Security & Surveillance
• Smart Payment System
• E parking
• License Plate Recognition

Market by Region
• Europe
   - Germany
   - United Kingdom
   - France
   - Italy
   - Spain
   - Russia
   - Netherlands
   - Rest of Europe
• North America
   - United States
   - Canada
• Asia Pacific
   - China
   - Japan
   - India
   - South Korea
   - Australia
   - Indonesia
   - Rest of Asia Pacific
• Latin America
   - Mexico
   - Brazil
   - Argentina
   - Rest of Latin America
• Middle East & Africa
   - Saudi Arabia
   - Turkey
   - Iran
   - Rest of Middle East & Africa