According to a new market research report by MarketsandMarkets, the parking management market is estimated to grow from US$3.03 billion in 2016 to US$5.00 billion by 2021, at a compound annual growth rate (CAGR) of 10.6 per cent.
According to the report, Parking Management Market by Software and Professional Services, by Solution (Access Control, Security & Surveillance, Fee & Revenue Management, Enforcement & Permit Management) - Global Forecast to 2021, the major forces driving the parking management m