Racing Homage
Smart
Parking
Tech companies are striving to make the parking experience easier for consumers.
Trend
What is the Smart Parking trend?
Smart Parking: Through the increasing incorporation of various technology—from robots to artificial intelligence—companies are launching tools that will assist individuals in finding and navigating parking spaces.
Insight
The consumer insight behind the Smart Parking trend
Since urban populations are exponentially growing, contemporary consumers in these environments are placing a premium on efficiency and convenience. As they attempt to navigate the demands of their busy lifestyles, they are looking for ways to make some experiences more seamless in order to avoid any unnecessary stress. In this space, many are emphasizing the use of technology as they are aware of its potential.
Trend themes
Themes within the Smart Parking trend
Three behaviours holding the trend togetherIntegration of Technology in Parking
Companies are launching tools that will assist individuals in finding and navigating parking spaces using technology.
Creation of Multipurpose Parking Hubs
Parking facilities are being transformed into parking hubs that can be used for much more than just holding cars for temporary periods of time.
Utilization of Artificial Intelligence in Parking
Artificial intelligence is being incorporated in parking management to deliver efficiency, convenience, and a streamlined experience.
Industry implications
What the Smart Parking trend means for industry
Where the trend changes the playbookTransportation Industry
The transportation industry can utilize these trends to create parking services that are more efficient, convenient, and environmentally friendly.
Real Estate Industry
Real estate developers can incorporate technology and parking hubs to create shared parking infrastructure that will benefit the community.
Technology Industry
The technology industry can create more intelligent parking systems that incorporate AI and sensors, leading to further innovation in the field.
Workshop question
How can your brand use technology to create a seamless experience for consumers?
Trend signals
Trend signals for Smart Parking
Trend score 5.0 out of 10, from popularity 73%, activity 68%, freshness 10%.
- Gen Alpha (not a primary audience)
- Gen Z
- Millennial
- Gen X
- Boomer
Evidence
Examples of the Smart Parking trend
5 featured examples from Mar 20, 2019 to May 18, 2021Multipurpose Parking Hubs
REEF Technology is Transforming Parking Spaces for the On-Demand Economy
Transforming parking facilities with on-demand goods and services for the on-demand economy.
Parking Spot Rental Remotes
The Conceptual 'Parkey' Lets Drivers Find a Parking Spot Fast
The Parkey remote control system revolutionizes the parking industry by facilitating the efficient rental of available parking spots.
Automated Car-Parking Robots
This Stanley Robotics Robot will Streamline Airport Parking
The transportation industry can leverage AI technology to optimize parking services and improve customer satisfaction.
Parking Space Sensors
Sidewalk Labs Created a Sensor Named Pebble That Displays Available Parking
Incorporating sensors and data analysis into urban planning can lead to more sustainable and efficient cities.
AI-Powered Parking Technology
The Effectiveness of Fetchi.ai is Being Tested in Munich, Germany
The AI-powered parking technology presents disruptive innovation opportunities in the development and implementation of smart parking solutions.