The global IoT-based Smart Parking System market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of Chinas data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

LPI (LP Information) newest research report, the ?IoT-based Smart Parking System Industry Forecast? looks at past sales and reviews total world IoT-based Smart Parking System sales in 2024, providing a comprehensive analysis by region and market sector of projected IoT-based Smart Parking System sales for 2025 through 2031. With IoT-based Smart Parking System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT-based Smart Parking System industry.

This Insight Report provides a comprehensive analysis of the global IoT-based Smart Parking System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on IoT-based Smart Parking System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global IoT-based Smart Parking System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT-based Smart Parking System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT-based Smart Parking System.

This report presents a comprehensive overview, market shares, and growth opportunities of IoT-based Smart Parking System market by product type, application, key players and key regions and countries.

Segmentation by Type:

    On-Street
    Off-Street

Segmentation by Application:

    Commercial
    Residential
    Government
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    Amano Corporation
    Xerox Corporation
    Siemens
    Cubic Corporation
    Swarco AG
    Thales
    JIESHUN
    SKIDATA
    Kapsch TrafficCom
    KEYTOP
    Hangzhou Reformer
    FlashParking
    Fujica
    T2 Systems