2026 US$ US$ 30,143.8 Mn: Global Parking Management Market is expected to reach US$ 30,143.8 Mn in 2026

The global parking management market was valued at US$ 4,432.7 Mn in 2016 and is projected to increase at double digit CAGR of 10.75% to reach an impressive value from 2017 to 2026. The government segment in the global parking management market is estimated to account for majority revenue share of 61.4% in 2017.
Global Parking Management Market: Segmental Snapshot
By application: Commercial segment accounts for highest market share and is estimated to register a CAGR of over 11.4% between 2017 and 2026.
By parking facility: Off-street segment is estimated to register highest CAGR of 10.9% over the forecast period.
By region: The market in the Americas accounted for highest revenue share in the global parking management market in 2016.

Source: https://marketresearch.biz/infographics/global-parking-management-market-is-projected-to-increase-at-double-digit-cagr-of-10-75-to-between-2017-to-2026/