Regional Insights into Smart Parking Adoption and Investments
Market Summary
The global smart parking systems market size was valued at USD 7.98 billion in 2023. The market is anticipated to grow from USD 9.77 billion in 2024 to USD 49.46 billion by 2032, exhibiting the CAGR of 22.5% during the forecast period.Smart parking systems are integrated solutions designed to identify available parking spaces, guide vehicles efficiently, and automate...
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