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Africa Smart Parking Market By Type (Off-street, On-street), By Technology (Internet of Things (IoT), Ultrasonic, RFID), By Application (Security and surveillance, Smart payment systems, E-parking, License plate recognition), By End User (Commercial, Government): Opportunity Analysis and Industry Forecast, 2023-2032
Market Report I 2023-05-01 I 81 Pages I Allied Market Research
The Africa smart parking market report provides information on market size, share, current trends, development, expense framework, capacity, revenue, and opportunities. The market report covers SWOT analysis, budget knowledge, market characteristics, and competitive landscape. This report reviews market dynamics, including drivers, restraints, and opportunities, that influence the Africa smart parking market during the forecast period.
Increase in production of automobiles coupled with poor parking services acts as a key driving force of the Africa smart parking market. In Africa, increase in traffic congestion in metropolitan areas is expected to have a significant impact on the demand for smart parking. Furthermore, increase in deployment of mobile payment systems associated with smart parking is projected to make the market attractive. The presence of numerous players such as Cisco, Afford Universal, and Amano MCG are anticipated to drive the development of the Africa smart parking market.
On the contrary, restraints of the Africa smart parking market include absence of industry standardization and technical difficulties. In addition, high installation cost of smart parking market and lack of skilled professionals are expected to impede the growth of the Africa smart parking market. On the contrary, the integration of advanced technologies such as Radio Frequency Identification (RFID), Internet of Things (IoT), ultrasonic sensors, and license plate recognition (LPR) provides a prominent opportunity to players in the market. To gain a one-upmanship, key players in the market focus on partnerships, collaborations, and product launches. The Africa smart parking market is segmented by type, technology, application, and end user. According to type, the market is bifurcated into off-street and on-street. The off-street segment is expected to hold a major share of the Africa smart parking market throughout the forecast period owing to the advantages it provides such as reduced operation costs, individual convenience, and better parking experience. Depending upon technology, the market is classified into RFID, IoT, and ultrasonic sensors. Among these technologies, the RFID segment is anticipated to dominate the Africa smart parking market due to its low arrangement & operational expenses and higher reliability. By application, the market is divided into security & surveillance, smart payment systems, e-parking, and license plate recognition. The security & surveillance segment is anticipated to hold a prominent share of the Africa smart parking market during the forecast period due to its usage in providing high protection and theft monitoring in premium parking areas.
On the basis of end user, the market is bifurcated into commercial and government. The commercial segment is expected to lead the Africa smart parking market during the forecast period owing to surge in demand for effective parking solutions in airports, hospitals, shopping malls, and resorts in Africa.
The Porter's five forces analysis assists to understand the competitive scenario of the market and role of each stakeholder. The analysis includes threats of new entrants, threats of substitutes, bargaining power of buyers, bargaining power of suppliers, and competitive rivalry. The market has medium to high threat of substitutes. The bargaining power of suppliers is anticipated to be high. The smart parking market is expected to witness moderate competition among the vendors due to the existence of several key players. Technical innovation in smart parking helps players in the market to acquire a competitive edge. Rise in investments in the Africa smart parking market is anticipated to have a positive effect during the forecast period. Contrarily, high installation cost related to smart parking solutions is anticipated to act as a restraint of the Africa smart parking market. Integration of IoT in the smart parking system is expected to create opportunities for players in the market. The presence of numerous local and global players in the Africa smart parking market is a significant opportunity for market vendors.
Key Benefits for Stakeholders
The report enables informed decision-making process and offers market analysis based on current market situation and estimated future trends.
It analyzes the key strategies adopted by major market players in Africa smart parking market.
The study assesses and ranks the top factors that are expected to affect the growth of Africa smart parking market.
Top player positioning provides a clear understanding of the present position of market players.
Detailed analysis of the Africa smart parking market segmentation assists to determine the prevailing market opportunities.
It identifies key investment pockets for various offerings in the market.
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- Brands Share Analysis
- SWOT Analysis
Key Market Segments
By Type
- Off-street
- On-street
By Technology
- Internet of Things (IoT)
- Ultrasonic
- RFID
By Application
- Security and surveillance
- Smart payment systems
- E-parking
- License plate recognition
By End User
- Commercial
- Government
- Key Market Players
- SAP Africa
- G4S Africa
- Google
- IBM
- Microsoft
- Nipashe Technologies
- Voi (formerly Taxify)
- Kapsch Group
- Parkopedia
- Esri Africa
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: AFRICA SMART PARKING MARKET, BY TYPE
4.1. Overview
4.1.1. Market Size and Forecast, By Type
4.2. Off-street
4.3. On-street
CHAPTER 5: AFRICA SMART PARKING MARKET, BY TECHNOLOGY
5.1. Overview
5.1.1. Market Size and Forecast, By Technology
5.2. Internet of Things (IoT)
5.3. Ultrasonic
5.4. RFID
CHAPTER 6: AFRICA SMART PARKING MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market Size and Forecast, By Application
6.2. Security and surveillance
6.3. Smart payment systems
6.4. E-parking
6.5. License plate recognition
CHAPTER 7: AFRICA SMART PARKING MARKET, BY END USER
7.1. Overview
7.1.1. Market Size and Forecast, By End User
7.2. Commercial
7.3. Government
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
9.1. SAP Africa
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. G4S Africa
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. Google
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. IBM
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.4.7. Key strategic moves and developments
9.5. Microsoft
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. Nipashe Technologies
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. Voi (formerly Taxify)
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. Kapsch Group
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. Parkopedia
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Esri Africa
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. AFRICA SMART PARKING MARKET, BY TYPE, 2022-2032 ($MILLION)
TABLE 02. AFRICA SMART PARKING MARKET, BY TECHNOLOGY, 2022-2032 ($MILLION)
TABLE 03. AFRICA SMART PARKING MARKET, BY APPLICATION, 2022-2032 ($MILLION)
TABLE 04. AFRICA SMART PARKING MARKET, BY END USER, 2022-2032 ($MILLION)
TABLE 05. SAP AFRICA: KEY EXECUTIVES
TABLE 06. SAP AFRICA: COMPANY SNAPSHOT
TABLE 07. SAP AFRICA: OPERATING SEGMENTS
TABLE 08. SAP AFRICA: PRODUCT PORTFOLIO
TABLE 09. SAP AFRICA: KEY STRATERGIES
TABLE 10. G4S AFRICA: KEY EXECUTIVES
TABLE 11. G4S AFRICA: COMPANY SNAPSHOT
TABLE 12. G4S AFRICA: OPERATING SEGMENTS
TABLE 13. G4S AFRICA: PRODUCT PORTFOLIO
TABLE 14. G4S AFRICA: KEY STRATERGIES
TABLE 15. GOOGLE: KEY EXECUTIVES
TABLE 16. GOOGLE: COMPANY SNAPSHOT
TABLE 17. GOOGLE: OPERATING SEGMENTS
TABLE 18. GOOGLE: PRODUCT PORTFOLIO
TABLE 19. GOOGLE: KEY STRATERGIES
TABLE 20. IBM: KEY EXECUTIVES
TABLE 21. IBM: COMPANY SNAPSHOT
TABLE 22. IBM: OPERATING SEGMENTS
TABLE 23. IBM: PRODUCT PORTFOLIO
TABLE 24. IBM: KEY STRATERGIES
TABLE 25. MICROSOFT: KEY EXECUTIVES
TABLE 26. MICROSOFT: COMPANY SNAPSHOT
TABLE 27. MICROSOFT: OPERATING SEGMENTS
TABLE 28. MICROSOFT: PRODUCT PORTFOLIO
TABLE 29. MICROSOFT: KEY STRATERGIES
TABLE 30. NIPASHE TECHNOLOGIES: KEY EXECUTIVES
TABLE 31. NIPASHE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 32. NIPASHE TECHNOLOGIES: OPERATING SEGMENTS
TABLE 33. NIPASHE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 34. NIPASHE TECHNOLOGIES: KEY STRATERGIES
TABLE 35. VOI (FORMERLY TAXIFY): KEY EXECUTIVES
TABLE 36. VOI (FORMERLY TAXIFY): COMPANY SNAPSHOT
TABLE 37. VOI (FORMERLY TAXIFY): OPERATING SEGMENTS
TABLE 38. VOI (FORMERLY TAXIFY): PRODUCT PORTFOLIO
TABLE 39. VOI (FORMERLY TAXIFY): KEY STRATERGIES
TABLE 40. KAPSCH GROUP: KEY EXECUTIVES
TABLE 41. KAPSCH GROUP: COMPANY SNAPSHOT
TABLE 42. KAPSCH GROUP: OPERATING SEGMENTS
TABLE 43. KAPSCH GROUP: PRODUCT PORTFOLIO
TABLE 44. KAPSCH GROUP: KEY STRATERGIES
TABLE 45. PARKOPEDIA: KEY EXECUTIVES
TABLE 46. PARKOPEDIA: COMPANY SNAPSHOT
TABLE 47. PARKOPEDIA: OPERATING SEGMENTS
TABLE 48. PARKOPEDIA: PRODUCT PORTFOLIO
TABLE 49. PARKOPEDIA: KEY STRATERGIES
TABLE 50. ESRI AFRICA: KEY EXECUTIVES
TABLE 51. ESRI AFRICA: COMPANY SNAPSHOT
TABLE 52. ESRI AFRICA: OPERATING SEGMENTS
TABLE 53. ESRI AFRICA: PRODUCT PORTFOLIO
TABLE 54. ESRI AFRICA: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. AFRICA SMART PARKING MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF AFRICA SMART PARKING MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN AFRICA SMART PARKING MARKET (2023-2032)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: AFRICA SMART PARKING MARKET
FIGURE 10. AFRICA SMART PARKING MARKET,BY TYPE, 2022 ($MILLION)
FIGURE 11. AFRICA SMART PARKING MARKET,BY TECHNOLOGY, 2022 ($MILLION)
FIGURE 12. AFRICA SMART PARKING MARKET,BY APPLICATION, 2022 ($MILLION)
FIGURE 13. AFRICA SMART PARKING MARKET,BY END USER, 2022 ($MILLION)
FIGURE 14. TOP WINNING STRATEGIES, BY YEAR
FIGURE 15. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 16. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 17. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 18. COMPETITIVE DASHBOARD
FIGURE 19. COMPETITIVE HEATMAP: AFRICA SMART PARKING MARKET
FIGURE 20. TOP PLAYER POSITIONING, 2022
FIGURE 21. SAP AFRICA: NET SALES, 2020-2022*($MILLION)
FIGURE 22. SAP AFRICA: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 23. SAP AFRICA: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 24. G4S AFRICA: NET SALES, 2020-2022*($MILLION)
FIGURE 25. G4S AFRICA: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 26. G4S AFRICA: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 27. GOOGLE: NET SALES, 2020-2022*($MILLION)
FIGURE 28. GOOGLE: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 29. GOOGLE: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 30. IBM: NET SALES, 2020-2022*($MILLION)
FIGURE 31. IBM: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 32. IBM: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 33. MICROSOFT: NET SALES, 2020-2022*($MILLION)
FIGURE 34. MICROSOFT: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 35. MICROSOFT: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 36. NIPASHE TECHNOLOGIES: NET SALES, 2020-2022*($MILLION)
FIGURE 37. NIPASHE TECHNOLOGIES: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 38. NIPASHE TECHNOLOGIES: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 39. VOI (FORMERLY TAXIFY): NET SALES, 2020-2022*($MILLION)
FIGURE 40. VOI (FORMERLY TAXIFY): REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 41. VOI (FORMERLY TAXIFY): REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 42. KAPSCH GROUP: NET SALES, 2020-2022*($MILLION)
FIGURE 43. KAPSCH GROUP: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 44. KAPSCH GROUP: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 45. PARKOPEDIA: NET SALES, 2020-2022*($MILLION)
FIGURE 46. PARKOPEDIA: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 47. PARKOPEDIA: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 48. ESRI AFRICA: NET SALES, 2020-2022*($MILLION)
FIGURE 49. ESRI AFRICA: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 50. ESRI AFRICA: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
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