Smart Parking Market Size Worth US$ 44.9 Billion By 2032, Due to Increasing Urbanization & …
“According to SNS Insider Research, The Smart Parking Market size was valued at US$ 7.39 billion in 2023 and is projected to reach US$ 44.9 billion by 2032. This growth represents a robust CAGR of 22.2% from 2024 to 2032.” The increasing demand for efficient parking solutions in congested urban areas and the advancement in smart technologies are driving the market growth.