Smart Parking Market Size Worth US$ 44.9 Billion By 2032
The increasing demand for efficient parking solutions in congested urban areas and the advancement in smart technologies are driving the market growth.
“According to SNS Insider Research, The Smart Parking Market size was valued at US$ 7.39 billion in 2023 and is projected to reach US$ 44.9 billion by 2032. This growth represents a robust CAGR of 22.2% from 2024 to 2032.”