Germany Smart Parking Solutions Market to Grow at a Stupendous 16% CAGR: Fact.MR
NEW YORK, Jan. 24, 2022 /PRNewswire/ -- The global smart parking solutions market is predicted to grow from around US$ 4.4 billion in 2022 to US$ 30.84 billion in 2032, with a remarkable 21% compound annual growth rate (CAGR) during the forecast period.
- - In a recent market study, Fact.MR covers recent developments in the global smart parking solutions market, highlighting vital aspects such as trends, drivers, opportunities, and restraints.
- From 2017 to 2021, demand for smart parking solutions grew at a stunning 18% CAGR.
- These characteristics have attracted significant investments in smart technology all around the world, fueling global demand for smart parking solutions.
- Rising adoption of integrated automated solutions coupled with advancements in wireless and digital payment technologies to drive the smart parking solutions market growth.