Smart Parking Market Size Forecast at US$36.5 Billion by 2032 Amid...

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2026-09-01 05:28:37 -

Smart Parking Market Size Forecast at US$36.5 Billion by 2032 Amid Expanding Smart Mobility Investment

Market Overview and Growth Outlook A projected rise from US$9.3 billion in 2024 to US$36.5 billion by 2032 places the smart parking market within a rapidly expanding segment of the smart city and mobility industry. The long-term CAGR is estimated at 18.6%, as cities, parking operators, governments, and technology providers increase adoption of digitally enabled parking management systems....

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