Boston Consulting Group’s 2017 report titled, “Unlocking Cities,” revealed that Vietnamese spend the most time looking for parking spaces. It took city dwellers in Hanoi and Ho Chi Minh an average of 45 minutes and 31 minutes, respectively, to find a parking space for their cars. The study also found that Filipinos and Thais spend an average of 24 minutes every day on parking, whilst Singaporeans spend the least time looking for parking with an everyday average of 19 minutes. What is smart parking? Smart parking combines technology and human innovation to use as few resources as possible – fuel, time and space – to achieve faster, easier and denser parking of vehicles.

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