GLOBAL AI PARKING MONITORING SYSTEM MARKET

INTRODUCTION

AI-based smart parking solutions have become a crucial part of our daily lives. They are important and beneficial for both sides – parking managers and parking users. AI-based smart parking solutions use hardware and software to analyze parking vacancy. They help for efficient parking management and can transform and improve the whole parking industry.

TheALPR systemalso is one of the AI-based smart parking solutions. It works via ALPR cameras and uses the optical character recognition technique. That way, it scans and reads vehicle plates and provides automatic access to the parking lot. 

The ALPR parking system allows the person to give the needed access to the parking occupants. The person decides who can enter and when. The smart parking system will keep that data and make the whole process easier for controlling.

The AI-based parking solution can easily identify a vehicle, granting automatic access, in order to eliminate the need of pressing a button, getting a parking ticket, etc. It uses aticketless parking system. That makes the vehicle entry/exit flow faster and the parking experience – faster.

GLOBAL AI PARKING MONITORING SYSTEM MARKET SIZE AND FORECAST

The Global AI Parking Monitoring System market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT DEVELLOPMENT AND INNOVATION

Parking Telecom AI Parking monitoring system tool - AI-based smart parking solutions include special IoT tools that can count the number of parked vehicles and empty parking spaces in a parking lot. It detects if there is a car presence in a parking space and sends the information to the management platform.

The best part is that this AI-based solution collects and formats the information in real-time. That real-time information about parking occupancy and availability can be observed or analyzed later. Every parking manager, parking analyst or decision-maker can optimize the current parking management strategy at any time.

There are too many vehicles and not enough parking spaces. Thanks to the real-time data about parking occupancy and availability, parking users can easily find where to park their vehicle. That eliminates one of the biggest parking problems – circling for an empty parking space and city traffic.

COMPANY PROFILE

• Parking Telecom
• Pelco
• AI Tech
• Parklio
• Bosch

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many AI Parking Monitoring System are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global AI Parking Monitoring System and key vendor selection criteria
3. Where is the AI Parking Monitoring System manufactured? What is the average margin per unit?
4. Market share of Global AI Parking Monitoring System market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global AI Parking Monitoring System in-house
6. key predictions for next 5 years in Global AI Parking Monitoring System market
7. Average B-2-B AI Parking Monitoring System market price in all segments
8. Latest trends in AI Parking Monitoring System market, by every market segment
9. The market size (both volume and value) of the AI Parking Monitoring System market in 2023-2030 and every year in between?
10. Production breakup of AI Parking Monitoring System market, by suppliers and their OEM relationship