Press release
Parking Management Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
This study constructed and transferred the Linux embedded operating system to the ARM host controller. An energy-balancing-based routing enhancement algorithm was developed, and a ZigBee wireless sensor network was built. Parking space detection and licence plate recognition are the two primary functionalities that are implemented by the developed system. Through a ZigBee wireless sensor network, the ARM main controller receives the data gathered by the ultrasonic sensor. Licence plate recognition, using a computing stick and the ARM host controller, the paper processes video from security cameras in a parking lot in real time using deep learning algorithms and then uses OpenCV tools to perform plate recognition to calculate how long each vehicle has been parked. This localised offline computing approach eliminates the need for a host computer or cloud platform. For instance, in February 2020, According to COX Today, iRAM announced its powerful Smart Sensor Wireless Network (SSWN) is generally accessible. Specific sensors, controllers, actuators, gateways, and signal repeaters and boosters are included in this network. The Smart Parking Management System, Streetlight Management Systems, and Environment Monitoring Stations are a few of the Smart City applications now being employed on the network. Other Smart City applications, such as Smart Bins, Vehicle Tracking, Smart Buildings, etc., are currently undergoing interoperability testing.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Offering
By Parking Site
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes 3M Co., Bond Mortgage LLC, Cubic Corp, Flashparking, Inc., Infocomm Group LLC, and others.
A full Report of Parking Management Market is Available @ https://www.omrglobal.com/industry-reports/parking-management-market
Parking Management Market Report Segment
By Technology
Solutions
Parking Guidance Solution
Parking Reservation Management
Parking Permit Management
Parking Enforcement Management
Parking Access and Revenue Control (PARC)
Parking Security and Surveillance
Parking Analytics
Services
Professional Service
Consulting and Training
System Integration and Deployment
Support and Maintenance
Managed Service
By Parking Site
Off-street Parking
On-street Parking
Parking Management Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
3M Co.
Bond Mortgage LLC
Cubic Corp
Flashparking, Inc.
Infocomm Group LLC
International Business Machines Corp
Kapsch Trafficcom AG
Q-Free AsA
Rober Bosch GmbH
SAP SE
Siemens Ltd.
Skidata, Inc.
Swarco AG
Tiba Parking Systems
Undersun Fitness
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/parking-management-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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