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

  • 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
  • April 14, 2016
    Growing acceptance of autonomous driving ‘allows for growth opportunities’
    New analysis from Frost & Sullivan, Strategic Outlook of Global Autonomous Driving Market in 2016, indicates that the autonomous driving market is all set to receive a huge boost with 80 per cent of automotive original equipment manufacturers (OEMs) looking to finalise their automation technology roadmap in 2016. This trend is expected to pave the way for new business models in the automotive ecosystem. Once the market establishes a conducive testing environment and develops improved sensing capabilities, t
  • July 25, 2017
    Global automotive aftermarket boosted by eRetailing, telematics, says research
    Global Automotive Aftermarket Outlook, recent research from Frost & Sullivan, indicates that penetration of eRetailing in the automotive aftermarket is increasing significantly and is expected to cross US$21 billion globally by the end of 2017. The study provides an overview of the global automotive aftermarket and its growth opportunities. Main industry trends, growth prospects, VIO, eRetail dashboards, country snapshots, and opportunities in North America, Europe, China, India and Latin America are provid
  • February 22, 2017
    Freight industry shifting toward a TaaS business model, say researchers
    As the freight industry leaves behind traditional brokering practices to adopt digital and automated platforms, the connected truck telematics market is going through a period of intense evolution, according to the latest research from Frost & Sullivan. It claims digital freight matching solutions will bring about visibility in a disparate landscape, give rise to a truck-as-a-service (TaaS) business model and drive numerous partnerships. It is vital to be aware of key market developments, prime movers, and