According to the new market research report "Parking Management Market by Solution (Parking Guidance, Reservation Management, Permit, Enforcement, PARC, Security & Surveillance, Analytics), Service, Deployment Type, Parking Site (Off-Street and On-Street), and Region - Global Forecast to 2023", The parking management market size is expected to grow from USD 3.39 Billion in 2018 to USD 5.15 Billion by 2023, at a Compound Annual Growth Rate (CAGR) ... Read more

Globally, the number of vehicles is increasing rapidly intensifying the problem related to the scarcity of parking space. Traffic congestion and other transportation related problems occur due to vehicle not finding space for parking. Thus, the necessity of efficient and smart parking system is increasing. Today’s advanced parking management systems are intelligent enough to provide high level of convenience to the drivers, automating and simplifying the business operations and other ... Read more