COVID-19 Impact and Recovery Analysis- Global Parking Management Solutions Market 2020-2024 | Growth in Smart Parking Deployment Projects to Boost Market Growth | Technavio
Summary
LONDON--(BUSINESS WIRE)--The parking management solutions market is expected to grow by USD 3.42 billion during 2020-2024. Request a free sample report The number of automobiles in cities is rapidly outpacing the supply of available parking spots. Smart parking solutions use embedded sensors in the ground and mounted cameras on light poles and building structures to determine an available spot. Register for a free trial today and gain instant access to 17,000+ market research reports This market research report segments the parking management solutions market by type (off-street parking and on-street parking) product (revenue management, security and surveillance, access control, reservation management, and others), and geography (North America, Europe, APAC, MEA, and South America). The North American region led the parking management solutions market in 2019, followed by Europe, APAC, MEA, and South America respectively.