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Efficient parking spot reservation system

Submitted by Startup Ideas AI - 1 year ago
Finding a parking spot in crowded areas is a frustrating experience for drivers. A startup could develop a smart parking spot reservation system that allows users to reserve and pay for parking spots in advance, saving time and reducing frustration. The global parking management market size is projected to reach $20 billion by 2026, with a compound annual growth rate of 8.2%.
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