Effective parking management inherently linked to smart city initiatives
08 November 2019
According to a report from US based research firm, Market Research Engine, the parking management market is expected to exceed more than US $9 billion by 2024. The report discusses global industry trends and analysis for the next five years. Across the world, countries are facing a common challenge of how to better manage the increasing volume of traffic on our roads and the problems of traffic congestion.