Parking Meter Apps Market Report 2025 (Global Edition)

Global Parking Meter Apps Market Report 2025 Market Size Split by Platform (Android, IOS), by End-User (Personal, Businesses)

Parking Meter Apps Market Report Description

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Competitive Landscape of the Parking Meter Apps Market

The competitive landscape of the parking meter apps market is characterized by a diverse range of players offering innovative solutions to address parking challenges. Competition revolves around features such as user interface, payment options, real-time updates, and integration with urban infrastructure, driving constant innovation and market differentiation.

Parking Meter Apps Industry News

In February 2021, ParkMobile, a released a new feature which will allow its users to conveniently pay for parking directly through Google Maps. This initiative builds upon ParkMobile's collaboration with Google, with the rollout of the revamped Google Pay app. Both Google Maps and ParkMobile rank among the top three apps in the navigation category, offering drivers a potent combination of convenience and functionality.

(Source: https://parkmobile.io/newsroom/parkmobile-teams-up-with-google-offering-the-ability-to-pay-for-parking-right-from-google-maps/)    

Top Companies Market Share in Parking Meter Apps Industry: (In no particular order of Rank)

• IEM SA
• INRIX Inc
• ParkMate
• Parkopedia
• Arrive
• ParkMobile
• PASSPORT LABS INC
• Flowbird
• PayByPhone
• EasyPark
• Parking Panda
• Streetline
• BestParking
• Waze
• HONK
• JustPark
• Telpark
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Parking Meter Apps Market

Which Region Will Dominate the Parking Meter Apps Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to several factors. Firstly, the region has a high concentration of urban areas with significant parking demands, driving the adoption of digital parking solutions. Secondly, the tech-savvy population in North America is quick to embrace innovative mobile applications, including Parking Meter Apps. Additionally, stringent parking regulations and enforcement policies in cities like New York and San Francisco create a strong market demand. Furthermore, the region's robust infrastructure supports seamless app integration and reliable internet connectivity, enhancing the user experience and further propelling sales growth.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is the fastest-growing region. This growth is fuelled by rapid urbanization and population expansion, leading to increased vehicle ownership and parking demand in cities across the region. Moreover, the proliferation of smartphones and mobile payment systems, coupled with a large tech-oriented population, accelerates the adoption of Parking Meter Apps. Additionally, government initiatives to address urban congestion and promote smart city development drive the implementation of digital parking solutions. Furthermore, rising disposable incomes and changing lifestyles contribute to the growing preference for convenient and efficient parking management solutions, further boosting sales in the Asia-Pacific region.

The current report Scope analyzes Parking Meter Apps Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Parking Meter Apps Market

According to Cognitive Market Research, the global parking meter apps market size was estimated at USD 63.3 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 25.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2031. The sales of parking meter apps in North America are poised to increase due to the region's high urbanization rate and the resultant demand for efficient parking solutions. Moreover, the integration of advanced features like real-time updates and mobile payment options enhances user convenience, further boosting sales. Furthermore, the growing preference for sustainable transportation options encourages the adoption of parking meter apps as part of eco-friendly urban mobility strategies. In North America, the personal segment is expected to dominate, driven by individual commuters' needs for convenient parking solutions.

Country Analysis

• According to Cognitive Market Research, The United States parking meter apps market had a market share of USD 19.98 million in 2024 and is projected to grow at a CAGR of 16.9% during the forecast period. Increasing urbanization, stringent parking regulations, and the need for convenient parking solutions drive sales. Integration of advanced features and growing smartphone penetration further boost adoption among users.
• Canada parking meter apps market had a market share of USD 3.04 million in 2024 and is projected to grow at a CAGR of 17.9% during the forecast period. Urbanization, limited parking availability, and government emphasis on smart city initiatives propel sales. Enhanced user convenience through mobile payment options and real-time updates fosters adoption among commuters.
• Mexico parking meter apps market had a market share of USD 2.30 million in 2024 and is projected to grow at a CAGR of 17.6% during the forecast period.

 

Europe Parking Meter Apps Market

According to Cognitive Market Research, with a market value of USD 63.3 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031. Europe accounted for a share of around 30% of the global market size of USD 18.99 million. In Europe, the sales of parking meter apps are set to rise due to the region's dense urban populations and limited parking availability, necessitating efficient parking management solutions. Moreover, the integration of advanced technologies such as IOT sensors and AI-powered analytics enhances parking efficiency and user experience, further driving adoption. Additionally, the increasing focus on reducing traffic congestion and emissions encourages the adoption of parking meter apps as part of sustainable urban mobility strategies. In Europe, the businesses segment is expected to witness rapid growth, driven by enterprises seeking effective parking management solutions for their employees and customers.

• The United Kingdom parking meter apps market had a market share of USD 3.19 million in 2024 and is projected to grow at a CAGR of 18.2% during the forecast period. Dense urban populations, limited parking spaces, and government initiatives for sustainable transportation fuel sales. Integration of advanced technologies and emphasis on eco-friendly mobility drive adoption among users.
• France parking meter apps market had a market share of USD 1.75 million in 2024 and is projected to grow at a CAGR of 16.6% during the forecast period.
• Germany parking meter apps market had a market share of USD 3.76 million in 2024 and is projected to grow at a CAGR of 17.6% during the forecast period. High urbanization rates, limited parking availability, and strict parking regulations stimulate sales. Integration of IoT sensors and AI-powered analytics enhances efficiency, driving adoption among businesses and individuals.
• Italy parking meter apps market had a market share of USD 1.63 million in 2024 and is projected to grow at a CAGR of 16.8% during the forecast period.
• Russia parking meter apps market had a market share of USD 2.94 million in 2024 and is projected to grow at a CAGR of 16.4% during the forecast period.
• Spain parking meter apps market had a market share of USD 1.56 million in 2024 and is projected to grow at a CAGR of 16.5% during the forecast period.
• Luxembourg parking meter apps market had a market share of USD 0.59 million in 2024 and is projected to grow at a CAGR of 17.5% during the forecast period.
• Portugal parking meter apps market had a market share of USD 0.40 million in 2024 and is projected to grow at a CAGR of 17.2% during the forecast period.
• Greece parking meter apps market had a market share of USD 0.23 million in 2024 and is projected to grow at a CAGR of 17.7% during the forecast period.
• Rest of Europe parking meter apps market had a market share of USD 2.94 million in 2024 and is projected to grow at a CAGR of 16.1% during the forecast period.

 

Asia Pacific Parking Meter Apps Market

According to Cognitive Market Research, the global parking meter apps market size was estimated at USD 63.3 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 14.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.9% from 2024 to 2031. The Asia Pacific region is experiencing rapid urbanization and increasing vehicle ownership rates, leading to congestion and parking challenges in cities. Additionally, the growing penetration of smartphones and digital payment systems in the region enhances the accessibility and convenience of parking meter apps. Moreover, government initiatives to modernize urban infrastructure and promote smart city development further boost the adoption of technology-driven parking solutions. In Asia Pacific, the personal segment is expected to hold the highest market share, driven by individual commuters' needs for hassle-free parking experiences.

• According to Cognitive Market Research, China parking meter apps market had a market share of USD 6.55 million in 2024 and is projected to grow at a CAGR of 20.4% during the forecast period. Rapid urbanization, increasing vehicle ownership, and congestion drive sales. Government support for smart city initiatives, digital payment infrastructure, and tech-savvy population further boost adoption among commuters.
• Japan parking meter apps market had a market share of USD 2.01 million in 2024 and is projected to grow at a CAGR of 19.4% during the forecast period.
• India parking meter apps market had a market share of USD 1.75 million in 2024 and is projected to grow at a CAGR of 22.7% during the forecast period. Urbanization, congestion, and limited parking spaces propel sales. Growing smartphone penetration, digital payment adoption, and government emphasis on smart city development drive adoption among users.
• South Korea parking meter apps market had a market share of USD 1.46 million in 2024 and is projected to grow at a CAGR of 20.0% during the forecast period.
• Australia parking meter apps market had a market share of USD 0.76 million in 2024 and is projected to grow at a CAGR of 20.6% during the forecast period.
• South East Asia parking meter apps market had a market share of USD 1.00 million in 2024 and is projected to grow at a CAGR of 21.9% during the forecast period.
• Rest of Asia Pacific parking meter apps market had a market share of USD 1.03 million in 2024 and is projected to grow at a CAGR of 20.7% during the forecast period.

 

South America Parking Meter Apps Market

According to Cognitive Market Research, the global parking meter apps market size was estimated at USD 63.3 Million out of which Latin America market of around 5% of the global revenue with a market size of USD 3.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.3% from 2024 to 2031. Latin America witnesses increasing urbanization and a rising middle class, leading to higher vehicle ownership rates and parking challenges in urban areas. Additionally, the region's growing digitalization and smartphone penetration enhance the accessibility of parking meter apps to a broader population. Moreover, the implementation of parking regulations by local governments and municipalities stimulates the demand for compliant parking solutions. In Latin America, the businesses segment is poised for significant growth, fuelled by enterprises seeking efficient parking management solutions to optimize operations and enhance customer experience.

• According to Cognitive Market Research, Brazil parking meter apps market had a market share of USD 1.35 million in 2024 and is projected to grow at a CAGR of 18.9% during the forecast period. Urbanization, traffic congestion, and growing vehicle ownership rates fuel sales. Integration of mobile payment options, real-time updates, and government initiatives for modernizing infrastructure drive adoption among commuters.
• Argentina parking meter apps market had a market share of USD 0.53 million in 2024 and is projected to grow at a CAGR of 19.2% during the forecast period. Urbanization, parking challenges, and government regulations stimulate sales. Growing smartphone penetration, digital payment adoption, and emphasis on modernizing urban infrastructure further boost adoption among users.
• Colombia parking meter apps market had a market share of USD 0.28 million in 2024 and is projected to grow at a CAGR of 18.1% during the forecast period.
• Peru parking meter apps market had a market share of USD 0.26 million in 2024 and is projected to grow at a CAGR of 18.5% during the forecast period.
• Chile parking meter apps market had a market share of USD 0.23 million in 2024 and is projected to grow at a CAGR of 18.6% during the forecast period.
• Rest of Latin America parking meter apps market had a market share of USD 0.51 million in 2024 and is projected to grow at a CAGR of 17.4% during the forecast period.

Middle East and Africa Parking Meter Apps Market

According to Cognitive Market Research, the global parking meter apps market size was estimated at USD 63.3 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2031. The Middle East and Africa region experience rapid urbanization and infrastructure development, leading to increased demand for parking solutions in burgeoning urban centres. This trend drives the adoption of parking meter apps as a modern and efficient solution for managing parking spaces. Additionally, the region's growing tourism sector and influx of visitors create a need for convenient parking options, further boosting the demand for parking meter apps. Moreover, government initiatives to modernize urban infrastructure and improve mobility enhance the uptake of technology-driven parking solutions. In MEA, the personal segment is expected to dominate, driven by individual commuters' needs for convenient parking solutions.

• According to Cognitive Market Research, GCC Countries parking meter apps market had a market share of USD 0.54 million in 2024 and is projected to grow at a CAGR of 19.4% during the forecast period. Rapid urbanization, infrastructure development, and increasing vehicle ownership drive sales. Government initiatives for smart city development, high disposable income, and growing tourism enhance adoption among residents and visitors.
• Egypt parking meter apps market had a market share of USD 0.13 million in 2024 and is projected to grow at a CAGR of 18.9% during the forecast period.
• South Africa parking meter apps market had a market share of USD 0.20 million in 2024 and is projected to grow at a CAGR of 19.6% during the forecast period. Urbanization, limited parking availability, and congestion drive sales. Integration of parking meter apps with digital payment systems, real-time updates, and government emphasis on mobility solutions foster adoption among commuters.
• Turkey parking meter apps market had a market share of USD 0.11 million in 2024 and is projected to grow at a CAGR of 18.1% during the forecast period.
• Nigeria parking meter apps market had a market share of USD 0.13 million in 2024 and is projected to grow at a CAGR of 17.7% during the forecast period.
• Rest of MEA parking meter apps market had a market share of USD 0.15 million in 2024 and is projected to grow at a CAGR of 17.6% during the forecast period.

 

Parking Meter Apps Market Analysis

Parking Meter Apps Platform Segment Analysis

According to Cognitive Market Research, android held the major market share over the forecast period, driven by its widespread adoption across diverse demographics, offering affordability and versatility. The platform's compatibility with a wide range of devices appeals to budget-conscious consumers, while continuous updates and app development foster user loyalty. Moreover, Android's open-source nature encourages innovation and customization, attracting both users and developers alike.

IOS is the fastest-growing category over the forecast period. The ecosystem's focus on seamless integration, security, and privacy appeals to discerning users willing to invest in high-end devices. Additionally, IOS's affluent user base demonstrates a strong propensity for in-app purchases, contributing to revenue growth and app developers' profitability. As Apple expands its market reach and introduces new features, IOS is poised to maintain its upward trajectory in the foreseeable future.

• Android
• IOS

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Parking Meter Apps Industry. Request a Free Sample PDF!

Parking Meter Apps End User Segment Analysis

According to Cognitive Market Research, personal hold a prominent market share due to increasing urbanization, rising vehicle ownership, and the need for convenient parking solutions. Moreover, the integration of advanced features like GPS navigation and real-time updates enhances user experience, further driving sales.

Businesses is the fastest-growing category over the forecast period as companies seek efficient parking management solutions to streamline operations and enhance employee satisfaction. Additionally, increasing adoption of smart city initiatives and the need for cost-effective parking solutions contribute to the segment's rapid growth.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion