In a nut shell, Smart parking is a parking strategy that combines technology and human innovation in an effort to reduce the usage of Fuel, time, space and human effort and make the parking process faster, easier and seamless. It simply uses the technology to find out which parking spaces are occupied and which are vacant and by using this data, creating a real time map leading towards vacant parking spot. Smart parking helps drivers to find car parking space easily and quickly. The adoption of Smart Parking solutions has now become the need of densely populated cities. Various research and reports have revealed that by 2035 the number of vehicles on the road will increase up to 2 billion which will make the city roads more congested.
Benefits of Smart Parking Technology