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Off-Street Parking Management System can handle any payment or access control environment currently available.
Off-Street Parking Management System can handle any payment or access control environment currently available.
The global off-street parking management system market is estimated to account for US$ 9657.2Mn in terms of value by the end of 2027 and is expected to grow at a CAGR of 9.1% during the forecasted period 2020-27.

A Parking Management System automates a car parking system by maximizing available parking space and streamlining the procedure. It displays real-time automobile parking information such as available slots, vehicle and slot counts, reserved parking, simple payments, pay-and-park choices, reports, and more. On-street parking occurs when a vehicle parks on a street or road without permission, which is determined by each country's norms and regulations. Customers, developers, governments, and enterprises may all benefit from a parking management system, which includes cost savings, mobility management, increased service quality, and income generating.

Entrance and exit ticket machines, a barrier, a manual payment station, an automatic payment station, a management console, and servers are all part of a basic parking management system. Off-Street Parking Management Systems is backed with integrated Plate Recognition (LPR) solutions if desired. Financial, Reporting, and Intelligent Business Systems are all part of the Park Management System. A park operator can choose from a variety of reliable and efficient hardware and software systems. Every part of the product may be customized to match the needs and specifications of every project.Third-party verification and reservation systems, web-based verification programmes, prepayment programmes using mobile payment devices, and external interfaces for a variety of payment hardware alternatives guarantee that all parking lots run smoothly and efficiently.

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