The global off-street parking management market is anticipated to grow at a CAGR of 14.5% during the forecast period (2023-2030). The growing demand for the off-road parking slots across the globe is a key factor driving the growth of the global off-street parking management market. The City of Woodinville has been making its laundry list of off-street parking requirements, as the city grapples with encouraging its thriving wine tourism industry while preparing its central downtown for significant housing growth in the coming years. The list for off-street parking includes; one parking stall per 1,000 square feet of racquetball facility; one stall for every five seats in a theater.
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One stall for every 300 feet of a veterinary clinic; one stall for every 400 square feet of a day care facility; one stall for every 250 square feet of a wine tasting room, unless the tasting room is larger than 750 square feet, in which case one stall for every 100 square feet of a wine tasting room. Woodinville isn’t the only city to set arbitrary and absurd parking minimums. A number of the proposed changes target restaurant and wine tasting room spaces, in a city that has tied its identity so closely with wine, and with food and drinking in general. For months, city staff have been getting feedback from the city planning commission on a proposal to require more off-street parking spaces with new developments, and take away some authority that city planning staff have internally to approve developments that might provide fewer off-street parking stalls than the current development code allows. Thus, the growing need for the off-street parking management across the globe is driving the global off-street parking management market.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Deployment Model
o By Offering
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including DELOPT, Bond Traffic Solutions, FlashParking, Inc., Infocomm Group LLC, and Passport Inc. among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Off-Street Parking Management Market Report Segment
By Deployment
By Offering
Global Off-Street Parking Management Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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