The increasing volume of traffic in metropolitan areas is necessitating technology-enabled parking and traffic management systems, says a recent market study carried out by Persistence Market Research (PMR). In this realm, PMR has released a market study on the global off-street parking management system market for the forecast period from 2015 to 2021. The report is titled “Global Market Study on Off-Street Parking Management System: Middle East And Africa to Witness Highest Growth by 2021” and is available for sale on the company website. The report presents an in-depth analysis of the various factors that will impact the development of the market during the forecast period. (more…)
Posts tagged ‘Off-Street Parking Management System’
Global Market Study on Off-Street Parking Management System – Middle East And Africa to Witness Highest Growth by 2021
Off-street parking is a parking facility, where the parking facility does not interact with the traffic flow on the road. There is only a single point of interaction between the car park area and road, known as an access point. Off-street parking facility demand is due to supply outweighs of the on-road parking facility.