This report focuses on the parking management services sector in South
Africa. It covers car park operation, operation of parking lots and
garages, parking building operation, and parking lot operation.
It includes comprehensive profiles of 12 companies including major
players Servest and Interpark, as well as parking management services
companies Karabo and Afripark, and P and S Iheanacho Trading, which
trades as Safe Car, and offers airport parking services and management
at OR Tambo Airport.
The parking management solutions market is growing as traffic congestion
intensifies. New technologies are rapidly changing the parking
management landscape with new participants in the sector facilitating
smart parking aided by real-time parking information and technology.
The segment of the market that provides advisory services, revenue
collection and management of parking operations is highly concentrated
and dominated by Interpark and Servest, with five local companies
holding 97% market share.
The parking systems segment including monitoring, automated revenue
systems and smart solutions for parking areas is fragmented with smaller
players holding 34% market share and a number of international companies
Access control, parking reservation applications, cellular connectivity
and analytics are some of the technologies having a profound effect on
this sector. Telematics is enhancing the efficiency of parking
management in urban areas with features including real-time monitoring
of volumes and forecasting of available space.
Biometrics, ID management and licence plate recognition-based automatic
vehicle identification are some techniques used in access control for
parking management. Ticketless and cashless apps, smart parking apps and
other technologies are improving efficiencies, reducing traffic
congestion and enhancing security.
Key Topics Covered
2. Description of the Industry
3. Size of the Industry
4. State of the Industry
5. Influencing Factors
7. SWOT Analysis
9. Industry Associations
Ace Parking Services (Pty) Ltd
Afripark Parking Management Services (Pty) Ltd
AfriServ (Pty) Ltd
Federal Parking Services (Pty) Ltd
Fidelity Security Group (Pty) Ltd
Instatrans (Pty) Ltd
Interpark (South Africa) (Pty) Ltd
Karabo Parking Management (Pty) Ltd
Katanga Parking Services (Pty) Ltd
P and S Iheanacho Trading (Pty) Ltd
Parkpoint (Pty) Ltd
Servest Facilities Services (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/research/ghhbp6/parking?w=4