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The market’s top competitors are trying hard to make their lines of products more noticeable and want to provide integrated applications for effective management of parking needs. The companies in this market are also involved in developing parking management solutions which are user-friendly, cheap and more dependable. These factors, along with various others are expected to boost the growth of the global parking management solution market, making it worth US$614.59 mn by 2025.

STAMFORD — If you’ve been frustrated with the city’s parking meters in recent years, you’re not alone. The city realizes that the current meters are old, outdated, and costly to maintain.

Facing potential legal action from the Minnesota company that built and installed the new automatic parking meters, City Council members this week backed off of a threat to place a moratorium on the so-called robo cops.

For each dollar motorists spend on their vehicles somebody spends more than a dollar to park it. To reduce these costs many jurisdictions are eliminating or reducing parking requirements and encouraging more efficient parking management. You can too!

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