Posted: 5th March 2024 by Finance Monthly Smart parking technologies are here! And they’re starting to redefine urban development, especially in cities.  Let’s find out exactly what’s going on. Types of Smart Parking Technology First off, we’ll examine some of the different types of smart parking tech that are now available and starting to be used more …

Smart parking utilizes a combination of sensors and real-time data to provide road users with information on closest available parking spaces and prices, through either signage, apps or dashboards. This helps reduce congestion and emissions produced by vehicles searching for suitable parking spaces. Juniper Research forecasts a substantial growth of 182% in the number of …

From autonomous vehicles to ride sharing, mobility has drastically changed. However, the true mobility revolution – one that addresses issues of traffic congestion, safety and sustainability – won’t be possible without addressing parking limitations and problems. Smart parking is critical to help transform mobility in cities and campuses for the benefit of all. Smart parking …