India Parking Systems Market to Offer Lucrative Revenue Opportunity of Over USD 653.3 Million By 2032 | Astute Analytica [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
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Source: Yahoo! Finance
Integrating technology-driven smart parking systems can alleviate congestion, optimize space utilization, and enhance urban mobility, presenting a lucrative opportunity for investors and innovators in the rapidly evolving infrastructure landscape. New Delhi, July 03, 2024 (GLOBE NEWSWIRE) -- According to Astute Analytica research, the India parking systems market is projected to attain a market size of US$ 653.3 million by 2032 from US$ 435.9 million in 2023 at a CAGR of 4.6% during the forecast period 2024–2032. The parking system in India is witnessing significant growth, driven by rapid urbanization, increasing vehicle ownership, and technological advancements. The India smart parking systems market is projected to grow at a CAGR of 4.6% from 2023 to 2032. With the adoption of IoT, automated solutions, and smart parking meters, the market is set for substantial expansion. India boasts 17,785 parking lots, with Uttar Pradesh leading at 2,515, followed by West Bengal (1,832) and
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Earnings
- 4/19/24 - Beat
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Sec Filings
- 7/1/24 - Form 6-K
- 6/28/24 - Form 6-K
- 6/24/24 - Form 20-F
- INFY's page on the SEC website