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

  • EV inductive charging set to gain traction
    June 13, 2014
    New analysis from Frost & Sullivan, Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market, finds that the total market for inductive charging is expected to experience a compound annual growth rate of 126.6 per cent from 2012 to 2020, with approximately 351,900 units likely to be sold. Inductive charging will account for 1.2 per cent of both public and residential charging in North America and more than 2.6 per cent in Europe. Residential charging will be the most popular method,
  • Growth of smart parking market and parking reservation systems
    August 6, 2015
    ReportsnReports.com’s latest research report, Global Smart Parking Market 2015-2019 says increased use of data analytics to optimise parking is one of the key trends being witnessed in this market across the globe. The research discusses trends, forecasts and growth prospects segmented by geography along with information on leading players of the worldwide industry. Data analytics software is predominantly used these days to provide better parking facilities to consumers. Data analytics provide an approp
  • Government incentives ‘vital to help OEMs tackle costs for gasoline particulate filters’
    November 2, 2015
    According to the latest analysis from Frost & Sullivan, the competitive, growing gasoline particulate filters (GPFs) market in Europe and North America presents suppliers and original equipment manufacturers (OEMs) with diverse opportunities as well as challenges. The inclusion of particulate number regulation within emission norms will accelerate the adoption of GPFs. However, government incentives will be vital to help OEMs tackle the rising costs of GPF installations. The analysis, Analysis of the GP
  • Level 4/5 autonomous driving will be possible in the next five years, says research
    May 9, 2017
    Growing consumer preference for convenience-enhancing technologies and automobiles-as-a-service options helped double the adoption of vehicles with automated driving features in 2016, says Frost & Sullivan’s mobility team. Going forward, large-scale investments from original equipment manufacturers (OEMs) will refine the use of artificial intelligence (AI) and cognitive cloud-based technology solutions even further, enabling level 4/5 autonomous driving within the next five years. Retrofitted automated driv