METHOD AND SYSTEM FOR PREDICTING AVAILABILITY OF PARKING SPOT IN PARKING AREA

The disclosed embodiments illustrate methods and systems for predicting an availability of a parking spot in a parking area. The method includes generating a first signature for each of one or more first users. The first signature is generated based on at least a first set of data received from at least one or more first sensors in a first user-computing device associated with each of the one or more first users. The method further includes generating a second signature for each of the one or more first vehicles, based on at least a second set of data received from one or more second sensors in a first vehicle-computing device associated with each of the one or more first vehicles. Further, the method includes determining a likelihood of the availability of the one or more parking spots based on at least the first signature and the second signature.