The global parking management market is projected to rise at a CAGR of 7.4% through 2034. The net valuation of the market increased from US$ 2.9 billion in 2019 to US$ 4.1 billion in 2023. The market is estimated to be valued at US$ 4.4 billion in 2024. The parking management solution demand is expected to reach US$ 9.1 billion by 2034. Rapid urbanization, as well as an increase in personal vehicle owners, …