Multispace Parking Meter Market Overview: Trends, Growth, and Forecast 2021–2031
Multispace parking meter market is expected to reach USD 1 billion by 2031, expanding at a CAGR of 8.8% from 2021 to 2031. The rise in vehicle ownership, increased traffic congestion, and the need for effective revenue generation from public parking spaces are key factors propelling this market.
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