With increasing growth, comes increased affordability and a changed lifestyle. Owing a vehicle has never been so common. Owing to the steep increase in the number of vehicles, parking has become a time-consuming task. Thanks to IoT sensors and IoT devices, this is no longer a problem over which we have to break our heads! With the recent trends in IoT and latest developments, the usual parking has taken to IoT smart parking, enabling the tedious task to become an enjoyable one!
What is so great about smart parking that it is creating waves? An average driver wastes about $345 per year in just trying to find a parking space. With about 68% of the population living in metropolitan cities by 2050, parking can be the biggest hassle. Innovative technology combines with the connectivity helps solve this bottleneck. IoT smart parking involves a combination of AI and IT sensors to determine the availability and monitoring of parking spaces in real-time. Multiple sensors placed over various locations accumulate the data to create a dynamic parking map, and the best part is that this information can be accessed on your smart phone using an app.
With such advanced monitoring, a few more such application which are already in use or being developed are note-worthy:
With increased urban populations and an increase in vehicle owners, here are a few benefits of the smart parking system without compromising on the living standards:
With IoT Smart Parking Solutions, cost and power efficiency are the peak of the advantages, alongside with the ease of installation and management. With such major benefits, it is a win-win situation for all the cities!