YourParkingSpace, one of the UK's fastest-growing providers of parking technology, has been acquired by one of the world's leading urban mobility companies, Flowbird. This acquisition sees Flowbird partnering with YourParkingSpace to rapidly expand Flowbird's digital and terrain offerings.
APCOA Parking Deutschland has established a new partnership with Danish car-sharing provider GreenMobility in Cologne. There are 10 customer parking spaces available at the Klapperhof and Rheinauhafen underground car parks, where customers can pick up and drop off Renault ZOE electric cars from GreenMobility free of charge.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 5144
Published Date: Aug 10, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing integration of electric vehicles and increasing utilization of parking spaces are some of the major factors anticipated to drive the growth of the parking management market.
The market is anticipated to attain a CAGR of ~10% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are BondTraffic Solutions, APCOA Parking Deutschland, TIBA Parking, DELOPT, YourParkingSpace, FlashParking Inc., Seimens AG, International Business Machines Corporation, Cubic Corporation, Infocomm Group LLC., and others.
The on-premises segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in North America is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.