The more car-owners, the less parking availability seems to be the drive behind parking authorities to keep on searching for recources in parking. Achieving the best parking management and serving the customer well is the main focus for authorities, the key is smarter parking management.
www.marketsandmarkets.com wrote a terrific report on the latter: Parking Management Market (Access Control, Security and Surveillance, Revenue Management, Reservation Management, Valet Management, Enforcement and Permit Management, Guidance and Slot Management) Worldwide Market Forecasts & Analysis (2013 – 2018)
The smarter the parking management, the more convenient the customer experiences his parking. But let's not forget reducing traffic congestion and parking revenue are as important or even more important for a city.
To keep up with new technologies and modern ways of parking management, cities cooperate with different players from within the parking industry. One might find more and more use of new technologies result in a better parking enviroment. A variety of payment options, (cashless, contactless) to enhanced vehicle security and parking reservation) takes care of faster ways of finding a spot and parking a vehicle.
The report MarketsandMarkets wrote, will provide key insights on "market dynamics, industry trends, adoption trends, competitive landscape and end-user analysis in this market." Next to that you can learn more on market size and revenue forecasts over different regions and how all of the above connects to modern parking technology, such as access control, security, surveillance and more.
Read the full report here.