Smart Parking Competitor Analysis Report - Global Forecast to 2025

Smart Parking Competitor Analysis Report - Global Forecast to 2025

  • June 2021 •
  • 47 pages •
  • Report ID: 6148628 •
  • Format: PDF
Smart Parking Competitor Analysis Report - Global Forecast to 2025

The Global Smart Parking Market size was estimated at USD 3,584.36 Million in 2019 and expected to reach USD 4,041.65 Million in 2020, at a Compound Annual Growth Rate (CAGR) 16.55% to reach USD 8,984.96 Million by 2025.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Smart Parking Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

"TKH Group N.V. scored highest as a forefront vendor in FPNV Positioning Matrix for Smart Parking Market"

Forefront are rated highly by the users for product satisfaction and have substantially good business strategy scores. F-Forefront include TKH Group N.V., Conduent, Inc., Amano Corporation, Bosch Connected Devices and Solutions GmbH by Robert Bosch GmbH, Cleverciti Systems GmbH, and Cubic Corporation.

"Urbiotica scored highest as a pathfinder and expected to the upcoming forefront in next couple of years"

Pathfinder have significant product satisfaction ratings but somehow lack business strategy as compared to forefronts and vitals. P-Pathfinder include Urbiotica, Digiteum, UKCPS Ltd, Total Parking Solutions Ltd., FlashParking, Inc., Stanley Robotics SAS, Flowbird Group, and Smart Parking Limited.

"Kapsch TrafficCom AG named as an upcoming vendor to watch in Smart Parking Market"

Niche solutions cater to the need of comparatively smaller segment of the overall market. They do not have the business strategy of the Forefront. They may have been rated positively on product satisfaction but have not yet received enough reviews to validate them. N-Niche include Kapsch TrafficCom AG, ParkNow LLC, Klaus Multiparking GmbH, and IPS Group, Inc..

"Innovative offerings by Xerox Holdings Corporation expected to increase its product satisfaction level for Smart Parking Market in upcoming years"

Vital have comparatively good business strategy but have not yet achieved the business strategy of the Forefront. However, they have low product satisfaction ratings. V-Vital include Xerox Holdings Corporation, Siemens AG, and SWARCO AG.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Smart Parking Market, including Amano Corporation, Bosch Connected Devices and Solutions GmbH by Robert Bosch GmbH, Cleverciti Systems GmbH, Conduent, Inc., Cubic Corporation, Digiteum, FlashParking, Inc., Flowbird Group, IPS Group, Inc., Kapsch TrafficCom AG, Klaus Multiparking GmbH, ParkNow LLC, Siemens AG, Smart Parking Limited, Stanley Robotics SAS, SWARCO AG, TKH Group N.V., Total Parking Solutions Ltd., UKCPS Ltd, Urbiotica, and Xerox Holdings Corporation.