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Parking Management Statistics 2023: Facts about Parking Management outlines the context of what’s happening in the tech world.
LLCBuddy editorial team did hours of research, collected all important statistics on Parking Management, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂
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Top Parking Management Statistics 2023☰ Use “CTRL+F” to quickly find statistics. There are total 16 Parking Management Statistics on this page 🙂
Parking Management “Latest” Statistics
- The parking lot management market size is expected to exceed USD 3 billion in 2020 and grow at around GR 12.00 from 2021 to 2027.
- The parking management market in the United States is expected to register a growth rate of approximately 10% by 2027, driven by increasing demand for commercial parking facilities.
- In the UK, market demand for parking management from the transport sector is expected to increase by 17% by 2027 due to accelerating smart city construction.
- In 2020, the maintenance segment accounted for over 15% of his parking lot management market share.
- The market size of parking management in Europe accounts for more than 30% of the revenue share in 2020.
- The global parking management market size is estimated at USD 4.38 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030.
- The revenue management segment will hold the largest market share of over 25% in 2022.
- The support and maintenance segment will have the largest market share of over 40% in 2022.
- The on-premise segment accounts for more than 60% of its market share in 2022 due to its various advantages.
- The off-street parking segment held over 70% market share in 2022 due to the increasing number of vehicles on the road posing infrastructure challenges.
- ParkMobile is available in approximately 2,700 outdoor parking spaces at the University.
- The government sector accounted for over 55% of the market share in 2022.
- The North American region dominated the parking management market with over 35% market share in 2022.
- The market size as measured by revenue of the valet parking industry is expected to reach USD 1.7 billion by 2023.
- The market size of the valet parking industry is projected to grow by 8% in 2023.
- The Australian valet parking industry market size is declining at an average annual rate of 2.2% between 2018 and 2023.
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