Smart Parking Market by Technology and Growth Analysis by 2021
The passenger car Smart Parking Market is projected to grow at a CAGR of 17.94%, to reach a market size of USD 5.25 billion by 2021. Worldwide vehicle production has increased from 84.2 million in 2012 to 90.8 million in 2015. Furthermore since 2012, with a growth of 8.6%, total passenger car production increased to 68.5 million in 2015. This rapid increase in the number of cars on the road has not led to a similar increase in availability of...
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