Smart Parking system is one of the most widely used and rapidly expanding Smart City solutions worldwide. Airports, universities, shopping malls, and public garages are just a few examples of organizations that have begun to see the value of automated parking technology. Smart parking is enabled by the Internet of Things’ ability to connect, analyze, and automate data collected from devices.

Low-cost sensors, real-time data, and applications are used in Smart Parking to allow users to monitor available and unavailable parking spots. The idea is to automate the process and reduce the amount of time spent manually looking for the best parking floor, spot, or even lot. Some solutions will include a full package of services, including online payments, parking time notifications, and even automobile search capabilities for particularly big parking lots. Both the user and the lot owner can benefit substantially from a parking solution.

If you are looking to invest in a smart parking system and build your business in the parking management industry then you must know the features it offers. RentCubo, one of the best smart parking software development companies, brings you an exclusive blog highlighting some of the best features of smart parking systems.

  • Vehicle and Employee Scheduling:

If we consider a business with a readily available parking facility, the software must contain data for all in-house personnel and the appropriate space arrangement set for everyone. According to their shifts, the amount of time they spend in the office, the time they come and leave, the position or area they have booked based on their priorities, and so on. If you want to personalize these capabilities, you can design a custom application for a parking management system.

  • Automated Ticketing for Users and Violators:

Users do not have to wait in long queues to get the parking tickets. With a smart parking system in place, they can get their parking tickets generated automatically and pay for them online.

Those who break the regulations or go overboard with any other pre-determined guidelines could be charged tickets online using an online application system combined with an online positioning system. Online ticketing can be beneficial to motorists because it can alert them to such violations in advance through a notification. After all, the most lauded benefit of a mobile-based application is its portability.

  • Tracking Parking Spaces:

A flexible parking management system should be able to track vehicles for available parking spaces and direct them to the correct location. The more exact and accurate the real-time synchronization of the positioning system with the program, the more efficiently an application can steer the seeker.

  • Business Scalability:

A great parking management system should be scalable, and it should be able to function with and for any kind of business, whether small, micro, medium, or large. There are numerous online parking management solutions available on the market, each with its own set of limits and exorbitant fees to pay. However, any purchaser will be disappointed if the program has scalability restrictions.

  • Manage Visitors:

For emergency or contingent scenarios, there must be some buffer space or redundant parking slot feature, so that it can handle a sudden rush with redundant spaces available and better management with agile analysis before the development of any rampant or over-crowded possibilities.

In addition, if the other has a habit of enormous movement at once, the software may direct the visitor to an easier departure or entry channel. If the software performs this, it might be referred to as smarter visitor management through smarter parking management software. Such modification should also necessitate the hiring of specialist developers.

  • Interoperability:

Many corporate solutions fail due to a lack of compatibility. However, nowadays, the majority of solutions come with full compatibility. However, it is this feature that has caused several extremely intelligent applications to lose a significant portion of their user base due to incompatibility issues with other platforms on which they run. It is best to incorporate compatibility into the solution so that it may work smoothly on any operating system, be it Windows, Mac, Android, or iOS.

  • Better Revenue Streams:

Smart parking technology opens up a slew of new business opportunities. Lot owners, for example, can provide tiered pricing choices based on the location of parking spaces. Reward schemes can also be incorporated into existing models to encourage users to return.

  • Improved Safety:

Employees and security guards at parking lots have access to real-time lot data that can aid in the prevention of parking offenses and suspicious activities. License plate recognition cameras can collect useful information. Reduced street-searching traffic can also help to reduce accidents caused by the distraction of looking for a parking spot.

  • Better Customer Service and Brand Image:

A user’s perception of a business or commercial entity can be greatly enhanced by a smooth experience. Visitors will undoubtedly be astonished by the cutting-edge technology and convenience features, whether the location is a retail store, an airport, or a corporate business office.

  • Integrated Payments & Real-time Data:

Returning users can use account invoicing and application payments from their phones to replace daily, laborious cash payments. Customer loyalty programs and meaningful user input could be enabled as a result of this. A smart parking solution can provide data over time that reveals user and lot correlations and trends. These trends might help lot owners figure out how to make changes and enhancements to their drivers.


The deployment of a smart parking system would undoubtedly be a terrific investment for any local government or enterprise, based on only these top 10 benefits. The fact that there are around four parking places per vehicle in the United States demonstrates our existing parking inefficiencies. We still can’t find a spot! As the world’s population grows and urbanizes, it’s critical to put in place a well-thought-out, convenience-driven parking solution that can be used globally.