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Market Insights
Truck Parking
About us
Contact
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The Business of Parking: A Growing, High-Demand Market

Parking isn’t just about finding a spot anymore — it’s a high-value industry at the heart of urban planning, transportation, and logistics. The parking management market is now a multi-billion-dollar global opportunity driven by digital tools, smart infrastructure, and rising vehicle demand.

Industry Growth

A $9 Billion Industry and Climbing

  • Global parking management market:
    $4.8B (2024) → $9.26B by 2030
  • Smart parking market:
    $7.16B (2023) → $27.85B by 2032
  • CAGR: 12%–18.5% growth expected

Cities, campuses, and businesses are investing in digital tools to manage parking smarter — and the returns are real.

Truck Parking Crisis

Truck Parking: A National Shortage

  • 3.5 million drivers, but only 313,000 spots
  • Just 1 legal space per 11 truckers
  • 98% report regular parking issues

Problems:

  • Delivery delays
  • Unsafe parking
  • Wasted fuel and time
  • Regulatory fines

U.S. Market Snapshot

America's $10 Billion Parking Economy

  • $10B/year in parking revenue
  • $25B+ global ecosystem (including tech, construction, and design)
  • Verified Parking fits into the digital shift — modern, mobile, efficient

The Opportunity

Smart Parking Is the Future — And It's Here

Verified Parking empowers property owners to:

  • Monetize unused space
  • Offer secure, real-time parking
  • Help reduce congestion and driver stress

Use Your Space Smarter. Start Today.

Need to park? We’ll guide you. Want to earn? We’ll set you up.

📞 Call us: (888) 706-5222
📧 Email: helpdesk@verifiedparking.com