The global parking services market is projected to witness significant growth over the coming decade, with revenue expected to surpass US$ 211.5 billion by 2033. This expansion is driven by an anticipated compound annual growth rate (CAGR) of 6.3% from 2023 to 2033. As urbanization accelerates and the number of vehicles on the road increases, the demand for efficient and secure...
In 2023, the parking services market is projected to be worth US$114.8 billion. The market is anticipated to develop at a compound annual growth rate (CAGR) of 6.3% to reach a worth of US$ 211.5 billion in 2033.
The parking industry's quick adoption of smart technologies has significantly enhanced service offerings. By the end of 2022, the market for smart parking solutions will make up about...
Parking Management Solutions Market Growth or Demand Increase or Decrease for what contain:
The expansion of parking management solutions market has stalled since the start of the epidemic because of tight mobility limitations enforced by municipal and national governments. An increase in usage of modern technology to expand contactless parking facilities is projected to generate...
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