By Shiraz Jagati on November 30, 2020 08:23
Published on September 28, 2018 09:00 by NullTXAccording to a study conducted by Frost & Sullivan, the parking industry was valued at around $100 billion in 2014. In the coming 3-5 years, it's expected to attract $200-$250 million in strategic investment. The lion's share of this capital will be directed toward eliminating many of the inefficiencies that exist in the way vehicles are parked today.
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