The Parking Management Market is projected to reach $12.3 billion by 2031, at a CAGR of 14.2% from 2024 to 2031. The growth of the parking management market is attributed to the growing demand for AI-based services, increasing demand for parking spaces, and growing focus on seamless traffic flow & reducing fuel consumption. However, the complexity of system integration and the shift from a car ownership model to a car sharing/rental model restrain the market’s growth.
Read More: https://www.meticulousresearch.....com/product/parking
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