Parking sensor technology is experiencing significant growth – we feel it within the industry, and now we have the data behind it. We are thrilled to see Frogparking named as the world’s leading smart parking sensor provider.
Coming in second and third were CivicSmart & Urbiotica respectively.
The team over at Berg Insights recently published their annual market report.
Smart Cities: Connected Public Spaces. The report covers developments across a variety of parking technology. In particular, the report covers smart parking pertaining to inground parking sensor technology. We won’t cover the whole 260 pages of this report, however it does cover BI, industry forecasts, commentary & case studies.
We are particularly interested in the smart parking aspects of the report.
Similarly, the report focuses on connected parking occupancy detection sensors. Furthermore, possibilities to provide real-time visibility of parking availability in a city. The report concludes that the dominant type of parking sensor technology for cities & municipalities is in-ground and surface-mount sensors.
In summary:
- In 2023, 1.3 million smart parking sensors installed globally (excluding China)
- This number grows to an expected 3.2 million units by 2028
- Europe accounts for around 49% of the installed parking sensors
- North America represents around 259,000 parking sensor technology installs
- The rest of the globe accounts for 410,000 parking sensors
- Frogparking is named the top provider, globally, of smart parking sensors globally
Frogparking was the first company, globally, to pioneer parking sensor technology.
FrogSensor guarantees to produce results. Further to this, it can be mounted in a variety of ways, in a variety of weather climates & across a huge range of environments. Data captures from FrogSensor, wirelessly transmit to our FrogHub dashboard in real-time. Consequently, this data dramatically improves your understanding of your parking system, occupancy rates, utilization and so much more.
Say hello to an amazing automated parking solution. FrogSensors are installed globally, across a number of high-profile locations, so you can check out the results yourself.