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(IT-NEWSWIRE.COM, November 21, 2017 ) Smart parking is a vehicle parking system that helps drivers find a parking space at minimal cost. It consists of sensors, apps, smart parking meters, and mobile phone automated payment systems that allow drivers to reserve parking in advance and pay by credit card or cash.
Publisher's analysts forecast the smart parking market in Western Europe to grow at a CAGR of 13.7% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/smart-parking-market-in-western-europe-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the smart parking market in Western Europe for 2016-2020. The report has taken into consideration the sales of smart parking systems, solutions, and sensors.
The market is divided into the following segments based on type of parking space:
- Off-street parking
- On-street parking
Publisher's report, Smart Parking Market in Western Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- IPS Group, Inc.
- Libelium Comunicaciones Distribuidas S. L
- Parkeon
- Streetline (Kapsch TrafficCom)
- TransCore, LP
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001345953/sample
Other prominent vendors
- 3M
- Aeris Communications
- Cisco Systems
- Deutsche Telekom
- Gemalto
- HCL
- IBM
- Jasper Technologies
- MSR-Traffic
- Nedap Mobility Solutions
- Orange Business Services
- Oti (PARX)
- ParkHelp
- ParkMe (INRIX)
- Parkmobile
- Parkopedia
- Q-Park
- Q-Park
- Serco
- Siemens
- Sierra Wireless
- SKIDATA
- Smart Parking
- Swarco
- Synapt (Prodapt Solutions)
- T2 Systems
- Telensa
- TeliaSonera
- Urbiotica
- Vodafone
- World Sensing
- Xerox
Market driver
- Increased adoption of smart parking sensors
- For a full, detailed list, view our report
Market challenge
- Concerns related to security and network integration
- For a full, detailed list, view our report
Market trend
- Dynamic pricing for parking
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001345953/buying .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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