Next Generation Parking System with Computer Vision and Machine Learning

Abstract

Parking management is a term that describes methods for making better use of parking resources. The first step toward successful parking management is to identify the cause of the problem. Finding suitable parking is among the fastest-growing industries of all, given the ever-increasing number of cars on the road. Traditionally, traffic has been a nightmare. To address these issues, businesses adopted intelligent parking systems from large hardware vendors. These, on the other hand, are unfit for purpose and also have resulted in major parking issues at many businesses. The approach attempts to offer a practical answer to the problem of smart parking. We aim to create a functioning software that will inform requesting customers if there is still a free parking spot near their location using technologies like Machine Learning, CNN, OpenCV, and React.