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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Parking advice is greatly aided by AI-based Parking cam Space Detection, which can detect and manage up to 100 parking spaces with over 98% detection accuracy, allowing for more efficient and intelligent parking management. The video analytics tool AI-PARKING cam can determine if a parking space is occupied or available by automatically detecting its occupancy status.
Finding free parking spots is time-consuming, expensive, and stressful. Not to add that travelling by car produces more pollution. Drivers may identify available parking spaces and learn whether they will be available thanks to a clever solution from a cam . As a result, vehicles are informed in real time about parking spots that are available along the curb or in a parking garage.
Every vehicle has ultrasonic sensors that continuously record through camera the parking places as it moves across the city, even if the drivers aren't actively hunting for one. Drivers who are wanting to park their cars shortly can view the data after it has been anonymised and transferred to the cloud.
The Global AI outdoor parking camera market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Milesight AI Outdoor Parking Management Camera, which incorporates AI deep learning algorithms, has a detection accuracy of over 98% and can manage up to 100 parking spaces, greatly assisting with parking assistance and enabling more efficient and intelligent parking management.
Milesight's AI Outdoor Parking Management Camera, designed for round-the-clock outdoor surveillance, makes use of a number of cutting-edge image processing technologies to achieve remarkable scene adaptability. The wide field of view (FoV) of the motorised zoom lens makes it possible to monitor a larger area, and the 4K super high resolution ensures that every detail is clearly visible.
In addition, it guarantees safe and secure outdoor monitoring even at night with the 1/1.8" STARVIS starlight sensor and image-based frame accumulation technology.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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