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Global Parking Management Market Report 2020-2025 - Rising Smart City Initiative / Emergence of Autonomous Cars / Demand for Innovative Parking Management Solutions - Vimarsana News

Global Parking Management Market Report 2020-2025 - Rising Smart City Initiative / Emergence of Autonomous Cars / Demand for Innovative Parking Management Solutions

The "Parking Management Market by Offering (Solutions (Parking Guidance, Parking Reservation Management, Parking Permit Management) and Services), Deployment Type, Parking Site (Off-street and On-street), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Source: yahoo.com
Parking Management Market by Offering, Deployment Type, Parking Site, and Region - Global Forecast to 2025 - Vimarsana News

Parking Management Market by Offering, Deployment Type, Parking Site, and Region - Global Forecast to 2025

Share: ResearchAndMarkets.com's offering. The Global Parking Management Market Size is Expected to Grow from USD 3.8 Billion in 2020 to USD 5.4 Billion by 2025, at a CAGR of 7.4% Several parking spaces remain unutilized as developers end up building additional spaces in adherence to regulations regarding the size and number of parking spaces. Consistent parking management solutions, such as improved signage and real-time parking indicators, reduce the wastage of parking spaces by informing customers when and where a parking space is available. Parking management also results in the more effic...