Smart
Parking
Problem Statement
Did you know that a commuter in Delhi spends over 80 hours
annually looking for parking spaces? The parking issues in
India is worsening with every passing year.
The problem is simple – even as the number of vehicles
has expanded, parking space in Indian cities has remained
constant or reduced due to a growing population.
Especially when land is limited and expensive, like in
metropolises, rising parking demand spaces puts
immense pressure on it.
Sample this, in New York midtown area, road area per
person stands at 33.3 sqm while in Mumbai’s Null Bazaar,
it is no more than 1.7 sqm. This means that a vehicle in
Mumbai imposes a cost nearly 20 times as much as one in
New York.
Reports
As per the police data,with regard to unauthorised parking, 12,110
people were penalised till March 31 in 2021, while 20,798 and 39,561 in
2020 and 2019, respectively.
$70 B
Target Revenue
India’s biggest cities may be losing up to
$22 billion annually to traffic congestion,
and its commuters are bearing the burden.
On average, travellers in Delhi, Mumbai,
Bengaluru, and Kolkata spend 1.5 hours
more on their daily commutes than
their counterparts in other Asian cities
during peak traffic times, according to
an April 18 report released by The
Boston Consulting Group and
commissioned by Uber.
Proposed Solution
Entry
Find a spot
After Exiting the parking station the
time of how long the car was parked
and accordingly the cost of parking
will be estimated and cut from the
account of the customer.
Exit
Conclusion
The demand for parking in Indian metros is seeing no signs of stopping. Because land
resources are limited, it isn’t possible to conveniently plan parking spaces according to
demand. Instead of increasing available parking spaces, an effective technology-based
solution must be employed to optimize the use of available spaces. Using sensor and
software, smart parking solutions can provide both parking operators and drivers with a
real-time map of available spaces.
Apart from allowing drivers to reserve spots based on their convenience, smart parking
apps also make mobile payments possible. Not only does this save drivers time spent
searching for a spot, but it also reduces environmental degradation resulting from
congestion caused by parking. Many smart cities in India are gradually taking to
technology as part of a set of interventions to solve their parking woes, an encouraging
development for mobility and parking issues in India’s urban areas
Thank
You