U.K. Parking Management Market Accelerates with Smart City Initiatives

Author : Ajinkya wadekar | Published On : 12 Nov 2025

The U.K. Parking Management Market is entering a phase of rapid digital transformation, driven by the rise of smart city projects and intelligent transport solutions. Valued at USD 506.1 million in 2024, the market is projected to reach USD 764 million by 2030, growing at a CAGR of 7.5% during the forecast period (2025–2030).

As urban populations increase, cities face challenges in managing limited parking spaces efficiently. Advanced Parking Management Market solutions such as IoT-based sensors, mobile payment systems, and AI-powered parking guidance are revolutionizing the sector. These technologies reduce congestion, lower emissions, and improve driver convenience.

A recent press release on the Scotland Parking Management Market highlights how regional governments are adopting smart parking infrastructure to enhance traffic flow and sustainability.

According to the Parking Management Market report, key growth drivers include digital ticketing, license plate recognition, and automated enforcement systems. Moreover, private and public sector collaborations are reshaping urban mobility through integrated parking management platforms.