Car Parking refers to the act of stopping and disengaging a vehicle and leaving it unoccupied.
The Car parking service spends circa ~£1.7 Bn in terms of Total Contract Value (TCV), accounting for 1.5% of the total UK FM Market.
In the Public Sector, Health Care is the largest procurer of car parking, with total contracts worth ~£6 Mn (accounting for ~55.3% of the market), followed by Local Government (32.3%) and Central Government (11.4%).
In the Private Sector,Office is the largest sector opting for car parking services with total contracts worth ~£297.2 Mn (accounting for ~97.9% of the market) and Leisure (2.1%).
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