Smart parking is often called the cornerstone of the smart city. Intelligent parking systems use video space-guidance and GPS positioning and navigation to deliver zone navigation, space guidance, elevator and shop finding, car retrieval guidance, electronic payment, video review and APP-based precision advertising and search - practical answers to the complex vehicle and pedestrian flow in large commercial centers and public spaces.
1. Huge market potential, many hard problems. A parking lot is an exclusive, scarce and rivalrous resource whose growth has fallen out of balance year by year; the national shortfall is near 100 million spaces. In city hotspots - malls, airports, public entertainment venues - serious space shortages, on-road occupation, parking chaos, blind searching that creates extra traffic and emissions, and 'zombie cars' squatting public areas are all common. Without intelligent, information-based management, costs rise, processes stay cumbersome, charging is irregular and entrance/exit throughput is low.
2. Intelligent solutions have clear advantages. Leading smart-parking service platforms combine R&D, design and operations. Addressing the core pain points of the parking sector, they have developed management systems built on license-plate recognition that integrate digital, networked and security-internet applications - delivering AI unattended management, card-free payment, APP space finding and reservation, online payment, fast automatic barrier lifting and reverse car finding for a complete intelligent parking solution.

