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CIO Applications Weekly Brief

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4 Trends Redefining Smart Parking

By CIO Applications| Monday, November 25, 2019
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Smart ParkingAdvanced technologies and effective policies are turning the idea of smart cities into reality by tailoring a smarter, sustainable smart parking system.

FREMONT, CA: Smart parking is one of the most adopted and fastest-growing smart city solutions across the world. Airports, universities, shopping centers, and garages have begun to realize the significant benefits of automated parking technology. Thus, the latest generation is moving more towards smart parking facilities, and there is a higher demand for innovations that can deliver accessibility, convenience, and efficiency. Here are some trends happening in the domain.

E-Payments

There are not many things as frustrating as spending a ridiculous amount of time looking for vacant parking spots and then realizing that there is no change for complete payment. That is why the adoption of automatic mobile payments is gaining popularity, Electronic payment is prevalent in many industries today, and parking is no exception.

Mobile Technology Parking Management

Mobile technology remains a driving factor in the development of smart parking and transportation. Today’s people want mobility in their cities. Fortunately, emerging mobile applications for transportation provide users with real-time data on pricing, availability, and e-payments for different mobility options. The transportation apps will have a significant impact on parking.

Check This Out: Top Payment And Card Solution Companies In Europe

Way-Finding Technologies

The combination of location-based technology, cloud, mobile technology, and sensor space monitoring allows for the development of easy way-finding applications. With IoT sensors generating real-time data on parking-spot occupancy, drivers can now navigate to the nearest open spot through the mobile app. This data can be used for further optimization of city traffic and parking pricing policies. The same information can also be used to maximize revenue by detecting overstays and directing more drivers to understand spaces.

Curbside Management 

This trend has nothing to do with cloud computing or the internet of things, but curbside management practices are one of the significant factors affecting the future of the smart parking system. Depending on the street type, the parking lane can be divided into priority zones with in-lane stops, dedicated loading spaces, and protected bike lanes. This can drastically reduce the time required to find parking spots.

Cities are realizing that smart parking infrastructure that uses the power of sensor and cloud technology along with other technologies, and more effective transit strategies, can improve urban mobility and fundamentally change the way parking resources are managed.

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IoT

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