Smart Parking IoT
In mid-sized and large cities, over 20% of cars are constantly searching for parking spaces, and it takes an average of 20 minutes for a driver to find a parking spot. For instance, Europe faces the deficit of 400,000 parking spaces, while China faces an estimated shortage of 80 million parking spots. This growing challenge is intensified by the high rate of vehicle ownership and a shortage of available parking spots, which results in extended search times, higher urban congestion, time wastage, and increased emissions. IoT adoption within parking and curb management has become a logical response to the above challenges. 1NCE works with 1400+ customers from the Smart City sector, and we are eager to cooperate with new Smart Parking and Curb Management projects worldwide.
The IoT Market of Smart Parking
According to Berg Insight, by 2025, this number is expected to surge to 2.5 million smart ground parking sensors installed worldwide. Europe held the lion's share of these installed sensors, constituting approximately 55%, while North America and other parts of the world accounted for about 188,000 and 241,000 sensors, respectively. At the close of 2020, the top players in this market were Nedap, Smart Parking, and Urbiotica.
Learn more about smart parking vendors:
Vendor | Region | Product Offered | Website |
Streetline Networks | United States | Smart parking solutions, sensor technology | |
T2 Systems | United States | Parking management solutions and technology | |
Flowbird Group | France | Smart parking technology and management systems | |
IPS Group | United States | Smart parking meters and payment solutions | |
CivicSmart | United States | Parking enforcement solutions and technology | |
Parkdroid | Multiple Global Regions | Parking sensors | |
ParkHelp Technologies | United States | Parking guidance solutions and outdoor sensors | |
Cleverciti Systems | Germany | Smart parking technology, sensors, and analytics | |
Nedap | Netherlands | Vehicle identification and smart ground sensors | |
Urbiotica | Spain | Sensor-based solutions for smart mobility | |
Intercomp | Italy | IT hardware technologies and smart parking solutions | |
Onesitu (Circet) | France | Smart wireless parking sensor solutions | |
Smart Parking | Global | Smart parking solutions, sensors, and management | |
PNI | United States | Geomagnetic sensors and smart parking sensor solutions |
Smart Parking IoT Applications
IoT (Internet of Things) enablement within parking systems can be exemplified by the following applications:
Application | Description |
Detecting the presence of vehicles in parking spaces and transferring this data in real-time to parking management systems. | |
Space Availability/Curb Management | Providing real-time data on available parking spaces, helping drivers locate and reserve parking spots. |
Payment Systems | Automated payments through mobile apps or RFID cards. |
Reservation Systems | Pre-booking of parking spaces, availability upon arrival, and reducing congestion. |
Parking Guidance | Guiding drivers to open parking spaces through digital signs and mobile app integration. |
Security and Surveillance | Security enhancement with IoT-enabled cameras and sensors, with monitoring parking areas and alerting authorities to any issues. |
Explore more in Smart City and Customer Insights.
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