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2026 US$ US$ 30,143.8 Mn: Global Parking Management Market is expected to reach US$ 30,143.8 Mn in 2026

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The global parking management market was valued at US$ 4,432.7 Mn in 2016 and is projected to increase at double digit CAGR of 10.75% to reach an impressive value from 2017 to 2026. The government segment in the global parking management market is estimated to account for majority revenue share of 61.4% in 2017.
Global Parking Management Market: Segmental Snapshot
By application: Commercial segment accounts for highest market share and is estimated to register a CAGR of over 11.4% between 2017 and 2026.
By parking facility: Off-street segment is estimated to register highest CAGR of 10.9% over the forecast period.
By region: The market in the Americas accounted for highest revenue share in the global parking management market in 2016.

Source: https://marketresearch.biz/infographics/global-parking-management-market-is-projected-to-increase-at-double-digit-cagr-of-10-75-to-between-2017-to-2026/

The global parking management market was valued at US$ 4,432.7 Mn in 2016 and is projected to increase at double digit CAGR of 10.75% to reach an impressive value from 2017 to 2026. The government segment in the global parking management market is estimated to account for majority revenue share of 61.4% in 2017. Global Parking Management Market: Segmental Snapshot By application: Commercial segment accounts for highest market share and is estimated to register a CAGR of over 11.4% between 2017 and 2026. By parking facility: Off-street segment is estimated to register highest CAGR of 10.9% over the forecast period. By region: The market in the Americas accounted for highest revenue share in the global parking management market in 2016. Source: https://marketresearch.biz/infographics/global-parking-management-market-is-projected-to-increase-at-double-digit-cagr-of-10-75-to-between-2017-to-2026/

Score from the experts at Killer Infographics

Visual Communication - 60%
Design - 70%
Content/Script - 65%
Usability - 70%

66%

Final Grade

This infographic examines the market for parking management. Showing vehicles in parking spots throughout the design is a good visual cue to establish this topic. Be careful with your selection of data visualization types — a pie chart cannot show CAGR (compound annual growth rate) because pie charts show portions of a whole, rather than growth or reduction of a former sum. For instance, if Offstreet Revenue were 10.9% of the market share, then the pie chart used would be appropriate. However, since it's instead saying that Offstreet Revenue had a CAGR of 10.9% from the year 2017 through the year 2026, the design should instead show this as a comparative bar chart or line graph, depending on the available information of the years in between. In all we'd give this a D.

User Rating: 4.9 ( 1 votes)
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