Virtual parking assistant for drivers
Finding available parking spaces is a frequent frustration for drivers. A virtual parking assistant mobile app that uses real-time data, AI, and predictive analysis to guide users to nearby parking spots could significantly reduce this frustration. The app can also provide information about pricing, availability, and reservations. Market size: According to a report by Research and Markets, the global smart parking market is expected to reach $2.5 billion by 2025, growing at a CAGR of 14.6%.