Smart parking pilot programs are now being deployed in San Francisco, Los Angeles, Stockholm, Beijing, Shanghai, São Paulo, and the Netherlands. For example, in Los Angeles, low-power sensors and smart meters track the occupancy of parking spaces throughout the Hollywood district, one of its most congested areas. Users can access that occupancy data to determine the availability of spots and then pay for them with their mobile phones. In addition to lending convenience and environmental benefits, smart parking improves the utilization of existing parking, leading to greater revenue for parking owners. Los Angeles saw a return on its investment in smart parking within three months.
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