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The Smart City Market statistical report, published by Market Research Future contains succinct information on the smart city market of Smart parking, segmented by region (North America, Europe, Asia-Pacific, and Others) and forecast from 2016-2022. The various factors driving the smart city market are increasing urbanization, a large aging population, increasing environment concern and resource scarcity.
Smart Parking involves the use of low cost sensors, real-time data and applications that allow users to monitor available and unavailable parking spots. Smart parking aims to automate and decrease the time spent manually for searching for optimal parking floors, spots and even parking lots. It would also provide services such as online payments, parking time notifications and even car searching functionalities for very large lots. Smart parking solutions can greatly benefit both the user and the parking lot owner.
North America Smart City Market by Smart Parking of Transport by Region is expected to reach USD 38.99 Billion by 2022 with a CAGR of 34.82%
FIGURE 1 GLOBAL Smart City MARKET, by Smart Parking in transport segment, by region, 2016 Vs 2022 (USD Billion)
Table of Contents
1. Info graphics Information
1.1 Global Smart City Market, by Smart Parking in transport segment,
by region, 2016 VS 2022 (USD Billion)
3. Global Smart City Market, by Smart Parking in transport segment, by region, Market Data
List of Tables
Table 1 Global Smart City Market, by Smart Parking in transport segment, by region, 2016-2022 (USD Billion) ………..5
List of Figures
Figure 1 Global Smart City Market, by Smart Parking in transport segment, by region, 2016-2022, (USD Billion) …………..6