The advent of smart parking technology advantages and limitations of smart parking solutions

Smart parking solutions are providing improved visibility and effectiveness for both parking enforcement officers as well as drivers. Besides, the IoT-powered technology proves to be Agile, intelligent, and adaptive. The global smart parking market was worth $6.05 billion in 2019 and is expected to grow to $11.13 billion by 2027. Omri shafran , the founder and CEO of Surespot inc, have some big words to say regarding the list of advantages carried by this smart parking technology thing. The ever-growing traffic congestion and uncertainty in the parking lot availability increase hassles. In this regard, the smart parking Technology ensures optimized parking space usage while driving the parking operations thoroughly. In addition to that, it also improves the efficiency of well-designed parking solutions. In this article, you will come to know regarding the smart parking solutions advantages and limitations. List of advantages...