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Autonomous cities represent an advanced stage of urban development that integrates AI, digital twins, IoT, edge computing, and autonomous infrastructure solutions to enable efficient city operations with minimal human intervention. Through unified urban operating platforms, cities can automate traffic management, optimize energy distribution, conne...

The global business process management (BPM) services market declined in 2020, largely due to the challenges brought on by COVID-19. While client sectors were severely affected by the pandemic, the BPM services industry experienced significant growth in 2021 and is expected to continue to witness year-on-year growth between 2022 and 2028. This gro...

This study highlights passenger-car fuel trends in Europe, China, Japan, North America, India, South America, and South Korea and discusses changes in engine count and engine displacement in the automotive industry. The study also provides an overview and implementation roadmap of the New European Driving Cycle (NEDC) and World Harmonized Light Veh...

This market insight explores different aspects of green chemistry, including its application in the chemical industry, the value chain in a system where the concept of going green is applicable, the global outlook, the Indian outlook, and some examples that showcase how manufacturers in the chemical domain are adopting the concept. The market insig...

Frost & Sullivan's research tracks the Personal Protective Equipment(PPE) market development by analysing a range of specific market segments, such as product groups, regions and end-use industries. This article is intended to complement the other more detailed analyses of specific market segments, by providing an assessment of the key strategic gr...

The aim of this research service is to provide a strategic overview of the global luxury vehicle market. Luxury automotive OEMs must evolve and adapt to emerging Mega Trends of urbanization, demographic and social preference changes, and technology and electric mobility. The study introduces new market segments that have developed to meet changing ...

As the pace of digitization accelerates the shipping industry globally is also adopting technologies such as AI to make their processes more efficient and reduce costs. Governments across the world have also made efforts to support the development and deployment of innovative technologies and have launched multiple initiatives to promote cross bord...

The current practice of medical education and methods of performing surgery and therapy suffer from limitations such as scarcity of subjects to practice on, suboptimal surgical precision, and therapy-related issues including medication misuse and ineffectiveness of the drugs to treat the conditions. Moreover, the outbreak of COVID-19 pandemic has ...

31 Oct 2022  |  Global  |  Market Research

Strategic Insights on Future Smart Parking Systems

Global Market to Reach $18 Billion By 2030 With IoT, Blockchain, and RFID Reshaping Business Models and Enhancing Management Solutions

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This study offers strategic insights into the technologies and trends affecting the smart parking market. Digital technologies, such as IoT, 5G, and blockchain, have helped consumers locate parking lots through cell phones and vehicle infotainment systems. Image processing, RFID, and ground sensors have simplified the parking monitoring process wit...