Global Smart Parking System Market Status and Prospect, Forecast 2018 to 2026
Verfasser: pr-gateway on Wednesday, 24 January 2018
The number of vehicles on roads across the world has been increasing exponentially in the last 10 years. However, parking space to keep up with this rapid increase of vehicles being produced and purchased has not been exactly in parallel. Traffic congestion and challenges due to lack or limited parking space continues to plague governments and municipalities of most developed and developing countries worldwide. These factors are resulting in increased air pollution and vehicle emissions, fuel wastage, as well as traffic snarls. Governments have been exploring other viable options to resolve these challenges and smart parking systems and solutions are gaining increasing focus and adoption in various countries across the world.
Smart parking systems provide a highly flexible, scalable, and efficient solution that can be implemented for buildings, malls, and commercial and residential sectors to resolve parking space challenges. In addition, municipalities, and public service departments are expected to be the largest target audience for such systems and solutions over the next 10 years.