Real-time parking availability through AI-enabled sensors
Finding an available parking spot in congested urban areas is a persistent frustration. This proposed solution utilizes AI-enabled sensors to provide real-time information about parking availability, enabling drivers to navigate directly to an open parking space. The estimated market size for parking management is projected to reach $16 billion by 2028 with a compound annual growth rate of 37% (Grand View Research).
Sensors
United States
