Libelium Smart Parking IoT Solution REPORT

February 2, 2023

Challenges, key benefits and the most demanded features by the Smart Cities

The hype of smart cities is unstoppable and everybody discusses how the technology will improve our daily life. As a pioneer in the Internet of Things and Smart Cities market, Libelium offers new strategic content with a series of quick reports to bring up and summarize the benefits and characteristics that the IoT technology provides to improve citizens’ quality of life.

The challenge we face with Smart Parking IoT technology

The Internet of Things is enabling to reduce gas emissions and traffic congestion while increasing drivers’ health.
Finding parking in urban areas, whether public or private, is an everyday problem. The result is an increase in air and noise pollution, fuel consumption, traffic congestion and stress for citizens.
66% world’s population lives in urban areas. Public authorities are worried about the impact that the increase of people could have in the urban planning of metropolises.

How can a Smart Parking solution work for me? Benefits per application

For citizens: Smart parking solutions improve citizens’ day-to-day life.

To inform people where to use public transport, places for recharging their electric vehicles.
Notifications about available parking spaces, parking spots for disabled.
Optimizing routes to be used in order to save time and fuel.

For Private Companies: A smart parking solution can be used in malls, airports, private areas:

This can help your company to optimize the usage of the parking lots by managing the places that are already being used and others that can be rented, for instance. Technological advancements such as online payments and development of mobile apps for reserving parking slots.

For Public Administration: Improving the reputation of being a greener city.

These solutions will improve the quality of life by reducing noise and air pollution, helping municipalities to comply with European standards of low emission zones, for instance.
Administrations will have real-time information about parking spots which will increase parking revenues by up to 35%.

The urban population has doubled in the last 50 years

Consequently, the organization and management of mobility become essential, and the benefits that the IoT solutions grant to city managers to improve sustainability and citizens’ demands are countless.

Libelium opens the series of reports with the Smart Parking IoT Solution Quick Report. The document briefly summarizes all the benefits, advantages and return on investments that this Smart Parking IoT solution provides to urban society.

Having real-time information about the state of the traffic or occupancy of the car park areas allows public administrations and private companies to better manage their resources, plan road traffic, generate access restrictions or even modify routes in order to increment the efficiency of the mobility and develop new sustainable actions.

Smart Parking is one of Libelium's flagships

Research and development in this vertical has been always a priority for the company, which faithfully believes in the virtues of the solution.

Libelium’s Smart Parking platform has suffered an important evolution since its launching in the year 2011: its dual detection system, dual wireless communication, dual installation deployment, software and hardware characteristics made it one of the most interoperable and scalable smart parking systems of the IoT market.

Related with this new quick report, Libelium recommends readers interested in smart parking solutions to review all the Success Stories we have published in the last few years: Smart Parking Libelium Success Stories.

Smart Parking IoT kits at the IoT Markeplace

The Libelium’s strategic focus swift from sensor devices to a more extensive presence in the whole IoT value chain, allowing the development of end-to-end solutions, facilitating the access to develop new Smart Parking IoT solutions with ready-to-deploy kits at the IoT Marketplace.