The Smart Parking Market is poised for remarkable growth, projected to record a robust CAGR of 17.8% during the forecast period. In 2023, the market already commands a substantial share of US$ 10.7 billion, and experts anticipate it will surge to a staggering US$ 54.8 billion by 2033. The research study on the smart parking market demonstrates …
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Smart Parking Market: Explosive 17.8% CAGR Propels Growth to $54.8 Billion by 2033
During the forecast period, the smart parking market is anticipated to grow at a CAGR of 17.8%. The market is expected to reach a value of US$ 54.8 billion by 2033, up from its current share of US$ 10.7 billion in 2023. The research study on the smart parking market demonstrates how various application areas, …