Latest Breaking News On - Smart parking market - Page 5 : comparemela.com

Share this article Share this article ResearchAndMarkets.com s offering. Global Smart Parking Market is expected to grow with double-digit CAGR and reach USD 12.7 billion by 2027, from  Globally, Vehicle parking lies at the intersection of mobility management as well as urban space. Over time, there were many generations which have offered numerous opportunities to the users. In recent years, parking generation provides basic automation that allows users to navigate the complete parking life cycle independently, for instance, knowing fee settlement, ticketing, parking, and parking occupancy status. According to the research analysis,  The factor that is boosting this market is the growing adoption of integrated automated solutions coupled with wireless technologies advancements. The surging of digital payment technologies in the market is likely to contribute to the growth over the forecast period. However, high implementation cost and non-availability of supporting infrastr

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