The global smart parking solutions market size and revenue are expected to increase from over US$ 4.4 Bn in 2022 to US$ 30.84 Bn by 2032, ascending at a stellar 21% CAGR during the forecast period.
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The global smart parking solutions market size and revenue are expected to increase from over US$ 4.4 Bn in 2022 to US$ 30.84 Bn by 2032, ascending at a stellar 21% CAGR during the forecast period.
| Report Attribute | Details |
| Market size value in 2022 | USD 4.4 Bn |
| Market forecast value in 2032 | USD 30.84 Bn |
| Global Growth Rate (2022-2032) | CAGR of 21% |
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Smart Parking Solutions market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Smart Parking Solutions
This newly published and insightful report sheds light on Market Insights of Smart Parking Solutions, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Smart Parking Solutions Market.
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Growing traffic congestion problems is prompting automotive manufacturers and vehicle users alike to opt for internet and smart-enabled parking solutions, enabling an improvement in city decongestion, remarks a Fact.MR analyst.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Smart Parking Solutions, Sales and Demand of Smart Parking Solutions, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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