Skip to main content

Live web conference – future of vehicle parking management systems

According to Frost & Sullivan, the parking industry has transformed dynamics in its operation with a different genre of participants including automotive OEMs exploring numerous opportunities in parking and expected to witness a major growth phase in this decade. Bundled services with apps are helping parking operators to ease their operations, business and positioning. Early stage growth opportunities will attract more than twenty new start-ups in the parking industry providing real-time parking applicatio
September 3, 2013 Read time: 2 mins
According to Frost & Sullivan, the parking industry has transformed dynamics in its operation with a different genre of participants including automotive OEMs exploring numerous opportunities in parking and expected to witness a major growth phase in this decade. Bundled services with apps are helping parking operators to ease their operations, business and positioning. Early stage growth opportunities will attract more than twenty new start-ups in the parking industry providing real-time parking applications with investments ranging from US$200-250 millions in the next three to five years.

Frost & Sullivan is organising a web conference, Future of Vehicle Parking Management Systems in North America and Europe, taking place on Tuesday, 10 September 2013, at 4.00 pm BST. Research manager, Praveen Chandrasekar, and industry analyst, Neelam Barua, will introduce emerging parking management systems, present new mobility business models in parking and offer a special focus on parking apps and solutions providers. They will also discuss growth opportunities and give a future outlook on the industry.

To participate in this complimentary web conference, please email Katja Feick at [email protected] with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

This web conference will benefit core parking operators, parking management companies, automotive OEMs, parking app providers, parking automation companies, technology providers, infrastructure providers, governments and municipalities.

“Participating in this web conference will help to understand the new parking ecosystem which combines technologies and participants from automotive, telecom and IT industry in parking in Europe and North American cities.” says Barua. “It is crucial to understand the growing interest among automotive OEMs to invest in the parking industry and be aware of strategic alliances currently developing within the parking industry.

“A new parking ecosystem has developed in the industry with a collaborative consumption of parking and futuristic real-time parking assistance systems in European as well as North American cities,” Barua concludes.

Related Content

  • March 7, 2014
    Daimler and Volvo take lead in European implementation of V2V
    New analysis from Frost & Sullivan, Strategic Analysis of the European Market for V2V and V2I Communication Systems, expects more than 40 per cent of vehicles to use vehicle to vehicle (V2V) communication technologies by 2030. Daimler and Volvo are anticipated to lead the implementation of V2V communication systems among vehicle original equipment manufacturers (OEMs) across Europe. Vehicle to infrastructure (V2I) communication systems have also been finding significant traction in Europe, especially in
  • January 22, 2014
    In-car electronics and user demand for connectivity make case for automotive Ethernet
    According to Frost and Sullivan, the use of Ethernet technology in automotive is gaining pace in Europe and North America. The paradigm shift towards connected cars and associated services such as automotive app stores and connected location-based services is fuelling the uptake. Along with the need to integrate multiple consumer electronic devices, the importance of offering prioritised, personalised services and maintaining brand identity are compelling automotive OEMs (original equipment manufacturers) t
  • May 30, 2012
    Four predictions for the automotive and transportation industry
    Frost & Sullivan has released the results from its customer survey with several hundred companies conducted in December 2011, executed to find out the top predictions for 2012 for the global automotive and transportation market. Market growth in all regions except Europe, accelerated introduction of plug in hybrid and battery electric vehicles due to increasing fuel prices, mobility and integrated transportation as well as the integration of the smart phone with dedicated application stores and innovative H
  • July 19, 2012
    Key trends and forecasts for the North American and Latin American automotive navigation and telematics services
    According to a new report from Frost & Sullivan, the North and Latin American automotive navigation markets are on the cusp of a shift to connected navigation systems that offer real-time traffic information and local searching options. Navigation systems, whether by original equipment (OE) fitment, aftermarket, or portable navigation device (PND), are feeling the heat of competition from smartphone-based navigation applications. Low-cost smartphone replication technologies are helping navigation markets br