Parking Management Market to Grow at CAGR of 14.44% by 2021: Adoption of Wireless Connectivity
Parking management systems help people find parking spots quickly and provide necessary guidelines to make the whole process smooth, reducing frustration and enhancing the visitor experience. Parking management systems comprise traveler information systems, real-time vehicle counting, real-time parking guidance display, video surveillance, and easy payment options. Some advanced parking management systems allow users to reserve and pay for a parking space via telephone or the internet.
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