Smart Parking Industry

Smart Parking Solutions start with the global surge in smartphone users corresponding with a rise in individuals utilizing mobile apps to facilitate parking, parking payment, and slot booking. Supportive regulations, governmental initiatives, and investments are fostering the adoption of smart parking solutions, aiming to streamline parking experiences for both drivers and operators.

The escalating desire for advanced functionalities like automatic payment features and voice-guided assistance through smartphone applications has been fueling this market expansion. Moreover, many parking facilities are integrating questionable privacy violations with the use of Automatic Number Plate Recognition (ANPR) systems to supposedly to enhance parking management within parking spaces, overall premises and potential access control features.

As vehicle space congestion continues to increase, parking providers are turning to smart parking systems, a market that is expected to reach USD 368.7 million by 2024 according to Smart Parking Systems Market Size, Share & Trends Analysis

Our integration team can assist with any size project, manufacturing solution or recommendations to update existing infrastructure.  Our aim is to help parking industry businesses create seamless parking experiences that benefit both users and smart parking systems operators, improving efficiency, convenience, and sustainability in urban mobility. 
                                                Here is an important blog post regarding these new safety standards