Market Share of Europe Smart Parking Industry
The Europe Smart Parking Market is moderately fragmented, with many players accounting for significant amounts of shares in the market. Due to the high investment cost needed to enter the market, there is a high barrier to entry in the market. Some of the prominent companies in the smart parking market are Urbiotica, BMW I Ventures, Daimler Mobility, Flowbird SASU (Parkeon SA), Q-Park, and other players are making strategic partnerships, mergers, acquisitions, and investments to retain their market position.
In May 2022, Stellantis NV planned to acquire BMW AG and Mercedes-Benz AG's Share Now car-sharing operation. Stellantis NV's Free2Move app-based parking, leasing, and renting services have about two million customers. Share Now, which has over 3.4 million subscribers, offers so-called free-floating car-sharing services in 16 European cities.
Europe Smart Parking Market Leaders
Urbiotica
BMW I Ventures
Daimler Mobility
Flowbird SASU (Parkeon SA)
Q-Park
*Disclaimer: Major Players sorted in no particular order
