Rishikesh Kurane
Smart Parking is the system that helps the driver to find the vacant spot for parking the vehicle.
The factors that are responsible for the growth of smart parking market are smart cities solutions for connected demands and smart parking systems emerge as ideal solution to several environmental and economic issues.
Smart cities hold the promise to make urban areas better efficient and more secure.
Smart parking is the most adopted and fastest growing solution across the airports, universities, shopping centers and city garages.
On the basis of parking site, Off-Street segment accounted for the largest share with 68.45% in the global smart parking market due to growth in automotive industry.
The high growth rate in the registration of new cars worldwide, with major boom from regional economies such as Asia Pacific (APAC), will open the window of opportunities for parking management business.
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Rishikesh Kurane
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Significantly, smart parking is capable of curbing gas emissions, reducing traffic volumes, and promoting healthier lives for drivers. With the increasing penetration of automobiles and technology adoption, the global smart parking sensor market is set to make strides in the upcoming years. All these developments would require smart parking sensors to conduct smart city and smart mobility operations at scale. Such a landscape is nurturing strong grounds for the expansion of the smart parking sensor market. Paced urbanisation has, thus, created subsequent demand for smart parking sensors; unlocking numerous opportunities for the smart parking sensor market.
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Learn More On The Smart Parking Systems Market:https://www. The smart parking systems market size is expected to see exponential growth in the next few years. Major trends in the forecast period include real-time data analytics, emergence of contactless parking systems, cloud-based parking management, ai-driven predictive parking, blockchain for secure transactions. The increasing number of vehicles is expected to propel the growth of the smart parking systems market going forward. Major companies operating in the smart parking systems market are adopting new technologies to sustain their position in the market.
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“According to the research report published by Polaris Market Research, the Global Smart Parking Systems Market Size Is Expected To Reach USD 16. The smart parking system gives continuous information on the accessibility of adjacent parking spaces and permits the driver to oblige that opening without impeding different vehicles. com/industry-analysis/smart-parking-systems-market/request-for-customizationFAQs About Smart Parking System Market:How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)? What is the Smart Parking System market size at the regional and country-level? About Us:Polaris Market Research is a worldwide market research and consulting organization.
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The broad smart parking system market has been sub-grouped into component, parking site and vertical. Request a FREE Sample Copy of Global Smart Parking System Market Report with Full TOC At: https://www. com/contact/smart-parking-system-market/download-sampleBy ComponentHardwareSoftwareBy Parking SiteOff-StreetOn-StreetBy VerticalCommercialPersonalTransport & AviationGovernmentOthersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the smart parking system market include 3M, Amano Corporation, BMW Group, Bosch, Cubic Corporation, Kapsch TrafficCom AG, Nortek Control Systems Ltd. Browse Full Global Smart Parking System Market Research Report With TOC At: https://www.
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Nowadays, smart parking apps have become essential for every individual who owns a vehicle. Here’s more on a few other reasons why every city dweller should use a smart parking app. Saves Time and MoneyThe biggest advantage of a smart parking app is that it helps in saving a lot of time and money. With real time information on available parking spaces, people can save the time wasted in circling a particular place to find a suitable parking space. With prior knowledge of the available parking spaces, people can quickly get off the road and swiftly park the vehicle.
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The smart city market is relied upon to achieve the most noteworthy development rate during the estimate time frame because of this motivation generally. Moreover, the smart city market incorporates a few areas, like vehicle, medical care, helped living, water, security, and energy. com/sample_request/2624 Segmentation:The global smart city market, as per segmental analysis, has included segments of components and applications. Regional FrameworkRegion-wise, the North American region has been estimated to have the leading market venture in the global smart city market, followed by the European region, while the Asia Pacific is likely to demonstrate an optimistic growth rate in the smart city market. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited)99 Hudson Street, 5Th FloorNew York, NY 10013United States of America+1 628 258 0071 (US)+44 2035 002 764 (UK)Email: sales@marketresearchfuture.
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