Smart parking systems Market provides a brief and detailed knowledge about key players, market state and circumstances that are covered deeply in this report. The business chain supporting the Smart parking systems market is analysed in detail covering accurate information about aspects such as the industrial chain, proficiency in utilization of the available capacity of manufacture, and industry strategies that affect the market.
Smart parking systems Market study offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain ruthless advantage. Smart parking systems Market Forecast provides sizing and growth opportunities. It provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. it also includes a detailed analysis of growth drivers, challenges, and investment opportunities and delivers a complete overview of segments and the regional outlook of the market.
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The ****** smart parking systems market size is estimated to arrive at USD 19.3 billion by 2028. It is projected to develop by 21.5% CAGR from 2021 to 2028.
The expansion of the market for the smart parking systems is credited to the rising figure of the vehicles on roads as well as the consequent growth in traffic jamming.
On the other hand, because of the eruption of Covid-19 pandemic, changeable stages of lockdowns have applied, through the number of nations of the world. It has resulted in significantly sluggish market.
The influence of this reduced speed is anticipated to be faced in the small time. Since, the world re-starts its normal daily actions, Smart Parking Systems (SPSs) are projected to recapture demand, owing to the probable increase in the utilization of private transport and its influence on the need for the space administration.
Some of the companies for Smart parking systems market are:
- Urbiotica, S.L.
- Spot Hero, Inc.
- SKIDATA AG
- Robert Bosch GmbH
- Park Jockey
- Park Assist
- Municipal Parking Services, Inc.
- Meter Feeder, Inc.
- Kapsch TrafficCom
- Deteq Solutions
- Cisco Systems, Inc
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