Companies Dominating the Parking Management Landscape
- Passport Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- BondTraffic Solutions
- APCOA Parking Deutschland
- TIBA Parking
- DELOPT
- YourParkingSpace
- FlashParking Inc.
- International Business Machines Corporation
- Infocomm Group LLC.
Companies in the parking management market are collaborating with municipal bodies and real estate developers to secure long-term contracts. In February 2025, Huachen AI Parking Management Technology, a developer of automated parking garages in China accumulated USD 6 million by offering 1.5 million shares at USD 4, the low end of the range of USD 4 to USD 6. Some players are expanding regionally through franchise models or local tie-ups to increase their footprint and market share efficiently.
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Frequently Asked Questions (FAQ)
Parking Management Market in 2025 is assessed at USD 7.9 billion.
The global market size was worth over USD 7.3 billion in 2024 and is poised to grow at a CAGR of over 10.2%, reaching USD 25.8 billion revenue by 2037.
North America is on pace to bring in USD 8.77 billion by 2037, fueled by increasing commercialization and user focus.
The major players in the market include Passport Inc., BondTraffic Solutions, APCOA Parking Deutschland, TIBA Parking, DELOPT, YourParkingSpace, FlashParking Inc., International Business Machines Corporation, Infocomm Group LLC.
