Smart Parking
Provide automated IoT-based Smart Parking solutions aimed at increasing parking utilization for populated urban corridors, while offering recharging stations for EVs. Smart Parking would reduce traffic congestion and accompanying environmental impacts by providing drivers with access to contextual space information, direct navigation to available spots and seamless payment solutions.
Key Benefits
Reduced Traffic Congestion
By knowing where to park, drivers spend less time circulating the streets, idling and blocking traffic on narrow streets, and holding back traffic from moving slowly.
Increased Productivity
Valuable productive time is given back to drivers and passengers from time otherwise lost in traffic or searching for parking.
Reduced Environmental Impacts
The Smart Parking solution reduces travel time and eliminates unnecessary engine idling, directly reducing harmful emissions into the environment.
User Journey
Potential Service Features
- •Link to Car Dashboard
- •Sensor-Based Automated Parking Payment
- •Electronic Receipts
- •NFC Enabled Payment
Implementation Analysis
Implementation Timeline
Regulatory Conduciveness
Technology Commercial Viability
Investment Requirements
Key Implementation Considerations
Consolidation of public and private parking inventories
Network and internet connectivity in indoor and underground spaces
Potential installation and integration of supporting infrastructure for outdoor parking spots
Conceptual Diagram
Relevant Tech Solutions
