Unveiling Dynamics and Growth Trends in the UK Parking Management Market What is the Size of UK Parking Management Industry? UK Parking Management Market is expected to grow at a CAGR of ~ % in 2022 and is expected to reach ~USD Mn by 2028. The Parking Management market has been experiencing robust growth, driven by a convergence of factors. Increasing urbanization and population growth result… Read More »
How Smart Parking and Sustainable EV Integration in Europe can be catalyst for UK’s Parking Management Market? Story Outline Across Europe, cities are undergoing a profound transformation fueled by technology and sustainability. Smart parking solutions are emerging as a crucial component, integrating data-driven insights and real-time information to alleviate traffic congestion, enhance user experience, and optimize parking utilization. Electric vehicle adoption is on the rise, driving the integration of EV charging infrastructure… Read More »
How can UK Leverage Technology to be a Leader in Parking Management Market By 2028? Story Outline Technologies such as AI, machine learning, speed monitoring, image recognition, and tracking capabilities are expected to improve and enhance the user’s experience in the market. For instance, in May 2021, L&T Technology Services developed a smart parking solution collaborating with the Intel Corporation. The solution comprises four essential parts and uses AI’s effective… Read More »