The installed base of smart parking sensors reached 1.3 million units in 2019

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The installed base of smart parking sensors reached 1.3 million units in 2019

The installed base of smart parking sensors reached 1.3 million units in 2019

Berg Insight today released new findings about the smart parking market.

The installed base of wirelessly connected in-ground and surface-mounted parking sensors reached 1.3 million worldwide in 2019. Growing at a compound annual growth rate (CAGR) of 19.9 percent, this number will more than double by 2023.

Europe and North America together accounted for about half of the installed

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