In a relatively short amount of time, businesses like Uber, Lyft, Bird Scooter and Lime Bike were able to meet the needs of the traveler who refused paying for parking and travelers who loathed the dreaded “find-a-parking-space” problem that comes with traveling into urban areas. Recently LA Times and San Diego Union Tribune published an […]
Demand-based parking is a relatively new concept that is currently only being used in San Francisco but due to parking congestion, large cities nationwide will likely soon be creating their own versions of demand-based parking. With this system, meter rates go up or down based on demand, which encourages faster turnover on overly crowded (more […]
Parking Management Industry Overview MarketsandMarkets forecasts that the Global Parking Management Market is estimated to grow from USD 3.03billion in 2016 to USD 5.00billion by 2021, at an estimated CAGR of 10.6%. An increase in the number of vehicles across the world is impelling the demand for an effective system to find solutions to parking […]
