In recent years, China's economy has developed at a high speed, and car ownership has grown on a large scale. The promotion of the urbanization strategy has also emerged a number of urban problems, of which parking is one of them. In order to solve this market pain point, players in the smart parking industry need to participate.

Smart parking system can provide users with convenient services such as mobile payment, mobile application, automatic identification, etc., and has been widely recognized by the market. And in some areas, smart parking pilots have begun. Overall, the business is now moving towards a large-scale development stage.

It is worth mentioning that the city's car ownership continues to rise, and the smart parking industry, with the improvement of the market, whether it is investment or operation, has gradually become more rational, and the industry has great potential for development.

Especially in today's communities, gradually moving toward standardized management, smart parking in the smart community is a very high business match. Therefore, for smart parking players, it is no doubt that there will be more room for development around the smart parking and smart communities. Among them, property, commercial and stock real estate are the targets that smart parking players need to focus on. Only by building an ecological system covering property and commerce can we better carry out business.

The smart parking business includes multiple subdivisions such as project signing, parking space construction and property ecological construction. And in these directions, it includes two major categories of software and hardware. Enterprises can start from the mobile application direction, so that users can find parking spaces and pay for parking spaces online through the mobile phone mobile terminal.

In order to achieve this goal, players need to invest more resources in the operation of the Internet, improve the operation of smart parking, and also need to integrate marketing, operation and promotion to reduce costs.

In addition, at the national level, it is also a strong support for smart parking. Encourage the smart parking industry to achieve specialized operations, improve the information level of parking, establish a city parking berth information database, and improve parking services and management information systems. Promote the use of electronic toll collection and electronic label technology to improve the intelligence level of parking business.

At the same time, in the wrong parking area, smart parking companies are also required to participate. The government currently encourages surrounding commercial office buildings to share parking berths with residential areas, and guides the opening of parking lots for enterprises, public institutions, and private parking. Rent and make a profit when the dislocation is wrong.

According to the analysis of the Prospective Industry Research Institute "China Smart Parking Industry Market Prospects and Investment Strategic Planning Analysis Report", the current market size of China's smart parking industry is extremely large, and the volume of smart parking systems alone has exceeded 5 billion yuan. Sub-fields are bound to have a broader space for development.