Automotive Smart Parking Systems Market Insights Video
According to Cognitive Market Research, The Global Automotive Smart Parking Systems market size is USD 2684.8 million in 2023 and will expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
North America Automotive Smart Parking Systems held the major market of more than 40% of the global revenue with a market size of USD 1073.92 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2030.
Asia Pacific Automotive Smart Parking Systems held the market of more than 23% of the global revenue with a market size of USD 617.5 million in 2023 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030.
South America Automotive Smart Parking Systems market of more than 5% of the global revenue with a market size of USD 134.24 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030.
Middle East and Africa Automotive Smart Parking Systems held the major market of more than 2% of the global revenue with a market size of USD 53.70 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030.
Increasing demand for convenience to Provide Viable Market Output.
The market for Automotive Smart Parking Systems continues to be more in demand from software.
In 2023, the category with the largest revenue share in the Automotive Smart Parking Systems market was a government facility.
