이 조사 보고서는 주요 5개 지역의 스마트 주차 시장을 상세하게 분석했으며, 현재 시장 동향, 시장 규모, 시장 점유율, 최근 동향, 2031년까지의 예측 등을 정리하여 전해드립니다.
스마트 주차 시장은 2024년부터 2031년까지 18.2%의 연평균 복합 성장률(CAGR)로 2031년까지 229억 달러에 달할 것으로 예상됩니다. 부적절한 주차로 인한 교통 체증 심화, 스마트 주차 시설에 대한 투자 증가, 주차장 수요 증가가 이 시장의 성장을 주도하고 있습니다. 그러나 스마트 주차 시스템 도입 비용이 높다는 점이 시장 성장을 저해하는 요인으로 작용하고 있습니다.
또한, 스마트 시티에 대한 투자 증가, PaaS 비즈니스 모델의 등장, 전기차 충전소 보급은 이 시장의 이해관계자들에게 성장 기회를 제공할 것으로 예상됩니다. 그러나 스마트 주차 시스템의 표준화가 미흡하여 상호 운용성과 호환성에 문제가 있고, 기후 조건과 기물 파손에 취약하다는 점은 시장 성장에 영향을 미치는 과제로 작용할 것으로 보입니다.
또한, 사물인터넷(IoT)과 센서 기술의 통합, AI 기반 주차 솔루션에 대한 수요 증가는 스마트 주차 시장의 두드러진 추세입니다.
Global Smart Parking Market by Offering (Hardware, Software, Services), Application (Parking Management, Payment, Vehicle Identification, Security & Surveillance, Others), Parking Site, End User (Commercial, Residential) & Geography-Forecasts to 2031
The research report titled, 'Global Smart Parking Market by Offering (Hardware, Software, Services), Application (Parking Management, Payment, Vehicle Identification, Security & Surveillance, Others), Parking Site, End User (Commercial, Residential) & Geography-Forecasts to 2031', provides in-depth analysis of smart parking market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The smart parking market is projected to reach $22.9 billion by 2031, at a CAGR of 18.2% from 2024 to 2031. The growth of this market is driven by escalating traffic congestion caused by improper parking, increasing investments in smart parking facilities, and the growing demand for parking spaces. However, the high implementation costs of smart parking systems restrain the growth of this market.
Moreover, the increasing investment in smart cities, the emergence of the parking-as-a-service business model, and the proliferation of EV charging stations are expected to create growth opportunities for stakeholders in this market. However, the lack of standardization in smart parking systems, resulting in interoperability and compatibility issues, and vulnerability to climatic conditions & vandalism are some of the challenges impacting the market's growth.
Additionally, the integration of the Internet of Things (IoT) and sensor technologies and the rising demand for AI-powered parking solutions are prominent trends in the smart parking market.
The global smart parking market is segmented by offering (hardware (sensors, smart cameras parking gates, signages, pay & display machines, other hardware), software (on-premise, cloud-based), services (professional services, managed services)), application (parking management, payment, enforcement, security & surveillance, and vehicle identification), parking site (off-street, on-street), end user (commercial (transit hub, retail & entertainment, EV charging station, office spaces, other commercial spaces), residential). The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on offering, the global smart parking market is broadly segmented into hardware, software, and services. In 2024, the hardware segment is expected to account for the largest share of the global smart parking market. This segment's large market share can be attributed to the rising adoption of pay-and-display machines and parking meters at parking facilities, the increased integration of surveillance cameras and monitoring systems to bolster vehicle safety and security, and the growing utilization of parking sensors for detecting parking occupancy.
However, the services segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the rising integration of IoT and sensors in parking spaces to enhance efficiency, the increasing adoption of wireless and digital payment technologies to augment revenue generation, and the proliferation of smart public parking facilities. For instance, in April 2024, Batic Investments and Logistics Co. (BATIC) (Saudi Arabia) signed a framework agreement with Arabian Internet and Communications Services Company (Saudi Arabia) for the operation and maintenance of smart public parking spaces in Riyadh City.
Based on application, the global smart parking market is segmented into parking management, payment, enforcement, security & surveillance, and vehicle identification. In 2024, the parking management segment is expected to account for the largest share of over 33.0% of the global smart parking market. This segment's large share can be attributed to the widespread adoption of sensors in parking spaces for spot identification, the increased use of parking gates and signage to manage and regulate traffic flow, and the rising utilization of Automatic Number Plate Recognition (ANPR) technology for revenue generation at parking facilities. For instance, in November 2024, Teesside Park (U.K.), a retail and leisure park in England, announced plans to utilize ANPR cameras in parking areas to impose fines on vehicle owners exceeding a four-hour parking limit.
However, the security & surveillance segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the rising deployment of smart cameras in parking areas to prevent crime, gather evidence, and enforce parking regulations. Additionally, the proliferation of on-street parking networks in densely populated cities contributes to the segment's growth.
Based on parking site, the global smart parking market is segmented into off-street and on-street. In 2024, the off-street segment is expected to account for a larger share of over 70.0% of the global smart parking market. This segment's market share is attributed to urbanization and the proliferation of pay-and-park facilities in congested areas aimed at mitigating traffic congestion and generating revenue.
Moreover, the off-street segment is projected to register a higher CAGR during the forecast period. The growth of this segment is driven by the rising need to address traffic congestion issues, the increasing utilization of pay-and-park services, and the proliferation of smart meters and pay-and-display machines in commercial parking facilities.
Based on end user, the global smart parking market is broadly segmented into commercial and residential. In 2024, the commercial segment is expected to account for the larger share of over 80.0% of the global smart parking market. This segment's large market share can be attributed to the heightened emphasis of commercial establishments on enhancing parking experiences by incorporating technologies like ANPR, signage, and pay-and-display machines. Additionally, the increasing adoption of smart parking solutions in commercial spaces to address security concerns, tackle obstructive parking, and identify unallocated parking spots efficiently contributes to the significant market share of this segment.
Moreover, the commercial segment is projected to register the highest CAGR during the forecast period.
The growth of this segment is driven by the proliferation of electric vehicle charging facilities integrated with smart car parking technologies such as smart meters, pay-and-display machines, and cameras. For instance, in May 2024, ST Engineering (Singapore) collaborated with Nanyang Technological University (Singapore) to deploy Singapore's first integrated smart car park and electric vehicle charging system, GoParkin, at NTU's main campus.
Based on geography, the smart parking market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 41.0% of the global smart parking market. North America's significant market share can be attributed to increasing investments by cities and municipalities in smart parking initiatives within densely populated urban areas, the rising number of vehicles in the region, mounting challenges in urban mobility and infrastructure, and the proliferation of online parking reservation services across the region. For instance, in February 2024, Eleven-x (Canada) was chosen for a municipal smart parking project in Virginia, U.S. The project encompasses a smart parking system leveraging Eleven-x's wireless technology to monitor parking spots and generate real-time availability data.
However, the market in Asia-Pacific is projected to register the highest CAGR of 20.0% during the forecast period. The growth of this regional market can be attributed to the region's densely populated cities, escalating congestion issues in urban areas, and the increasing focus of municipalities on developing smart parking solutions to alleviate congestion problems. For instance, in February 2024, the Chandigarh Municipal Corporation (India) issued a request for proposal (RFP) for the design, development, and maintenance of smart parking lots based on a PPP (public-private partnership) model. As part of this initiative, 89 paid parking lots will be operated using smart facilities.
Some of the key players operating in the smart parking market are Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Swarco AG (Austria), Robert Bosch GmbH (Germany), Amano Corporation (Japan), PRECISE PARKLINK INC. (Canada), Nedap N.V. (Belgium), Libelium Comunicaciones Distribuidas S.L. (Spain), Meter Feeder, Inc. (U.S.), ST Engineering (Singapore), TKH Security B.V. (Netherlands), CivicSmart, Inc. (U.S.), FLOWBIRD (France), SKIDATA GmbH (Austria), and Smart Parking Limited (U.K.).
Smart Parking Market Assessment-by Hardware
Smart Parking Market Assessment-by Application
Smart Parking Market Assessment-by Parking Site
Smart Parking Market Assessment-by End User
Smart Parking Market Assessment-by Geography