Living in cities can be troubling. Urbanization is still increasing, and everyday, traffic in cities is getting heavier. The United Nations Department of Economic and Social Affairs (UN Department of Economic and Social Affairs) (UN DESA) estimates that all the growth in the world's population will occur in urban areas. By 2050, this rise is expected to be as high as 68%. For most people, population increase is not just a pressing problem for the government, but a concrete everyday fact.
Parking issues, particularly in big cities, are not uncommon. According to an IoT Analytics report, consumer spending on smart parking products and services is projected to rise at a CAGR of 14 percent by 2023 and exceed $3.8B. Consumer spending growth is good news because, instead of taking no action, it would force people to try to find a solution to these traffic problems.
The problem is quite obvious. But a bigger question is what can technology do to solve it? Is there any way to solve the problem?
Numerous countries are currently adapting to the use of Smart Parking systems in order to reduce pollution, congestion and to prevent accidents.
How smart parking fixes the Problem.
Growing numbers of cities around the world struggle with traffic congestion and lack of parking space. One of the key reasons increasing adoption of parking-related solutions is the technology components aren’t that difficult or complex in terms of deployment and management. Smart parking solutions also help cities to reduce congestion and pollution as they eliminate the need for vehicles to circle looking for spaces. Smart parking uses technology to directly improve quality-of-life of citizens.
One of the most incredible developments and innovations which have altered the way traffic management works in any country is the parking system. An innovative and well thought-off parking system can take-off a lot of burden from an otherwise congested and complex traffic scenario. These days, sensors embedded on the ground or cameras mounted on the poles or buildings determine whether the parking space is available or not. When innovative systems are in place, one can have a clear picture of motorists parking habits which are pretty handy for stakeholders especially the authorities who can cross-check for the parking tickets. Additionally, with newer innovations in parking systems, even the emissions are reduced since one does not have to circle around to find a parking slot.
How Smart Parking System Works
Smart parking development implies an IoT-based system that sends data about free and occupied parking places via web/mobile application. The IoT-device, including sensors and microcontrollers, is located in each parking place. The user receives a live update about the availability of all parking places and chooses the best one.
The smart parking solution offers four main benefits, including greater rotation and occupancy of car park; reduction in traffic flow produced by looking for parking; increased worker and visitor satisfaction and experience; and improved environmental quality.