Smart Parking Systems Market Size, Share and Forecast by 2028

The Smart Parking Systems Market was estimated at USD 4386 million in 2020 and is predicted to grow at a CAGR of 21.2% over the forecast period (2021-2028). The factors driving the growth of Smart Parking Systems Market includes increasing number of smart cities around the world, rise in the traffic congestion and growing adoption of wireless and digital payment technologies.

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