Parking Management Market Growth Accelerated by Rising Traffic...

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2025-09-19 07:10:30 -

Parking Management Market Growth Accelerated by Rising Traffic Congestion

In 2024, the global parking management market was valued at approximately USD 4,796.8 million, and it is projected to grow to about USD 9,261.1 million by 2030, reflecting a compound annual growth rate (CAGR) of 12.6% over the period from 2025 to 2030. The expansion is primarily driven by increasing efforts to reduce traffic congestion and curb greenhouse gas emissions using parking...

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