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Smart Parking Systems Market for On-street Parking and Off-street Parking - Global Market Outlook, W Technology Articles | August 16, 2016

MRRSE has recently added a research document to their roster titled “Smart Parking Systems Market (By Parking Site Type - On-street Parking, Off-street Parking; By Component - Sensor and Network Hardware, Software, Services; By Application Areas - Airports Cheap Harry Kane Jersey , Government and Municipalities ) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”.?



Smart parking system provides real-time information about the availability of parking space in a particular location, thereby enabling hassle-free vehicle parking while saving on time, cost Cheap Georges-Kevin N’Koudou Jersey , and fuel. It consists of low-cost sensors, real-time data collection and analytics, and automated payment systems that allow people to find parking in desired locations and pay for it in advance.


Once deployed, the smart parking system helps in reducing exhaust emissions from cars in urban cities by reducing the needless circling of city blocks in the search of parking space. It also efficiently manages the availability of parking space for cities and controls illegal parking. The rapid growth in the number of vehicles worldwide is increasing the scarcity of parking space, which is further magnifying the need for smart and innovative parking systems. Whether at airports or shopping centers, parking issues are a regular occurrence, in turn hurting the local business and affecting the quality of life of the city residents. These intelligent parking management systems provide high levels of convenience to the drivers while simplifying and automating the parking site operations. Deploying smart parking systems in cities requires data collection and management Cheap Fernando Llorente Jersey , integration with mobile phones, and various software and hardware innovations. Furthermore, there is a need for cooperation among various parking stakeholders such as off and on-street parking operators, transport authorities, municipalities, as well as customers. The smart parking market is growing significantly with numerous advanced solutions being adopted by major global cities such as Los Angeles, San Francisco Cheap Erik Lamela Jersey , Stockholm, Shanghai, Beijing, and Sao Paulo. In the long run, smart parking can significantly transform these and other cities by making them friendlier to citizens. Smart parking systems are expected to open up opportunities for the reuse of commercial as well as municipal parking garages Hence, smart parking systems contribute toward making urban cities cleaner, greener Cheap Eric Dier Jersey , compact, and thereby more freely walkable and drivable.


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