# Parking Auction Apps MonkeyParking Shows San Francisco Parking Spots Available to Bid Upon By Alyson Wyers | Published 2014-05-13 | Autos Source: Trend Hunter, https://www.trendhunter.com/trends/san-francisco-parking References: [psfk](http://www.psfk.com/2014/05/sf-public-parking-spot-auction-app.html) & [monkeyparking.strikingly](http://monkeyparking.strikingly.com) An Italian based app company is [auctioning off San Francisco parking spots](https://www.trendhunter.com/trends/online-auction-format). The MonkeyParking mobile app offers an incentive for drivers to free up their parking spaces as other drivers [make bids on that spot](https://www.trendhunter.com/trends/diibs). Since San Francisco parking spots are hard to come by (800,000 people live in a 7 by 7 square mile area), this scheme also helps reduce traffic. The Italian startup provides a platform for people occupying a parking spot to offer a starting bid, and for desperate drivers circling the vicinity to make a bid. Once the parked party accepts a bid they are happy with, the space seeker receives the exact parking location and MonkeyParking pockets a percentage of the profits. ## Trend Insights (Trend Hunter) - Score: 2.1/10 - Popularity: 17% | Activity: 39% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Autos](https://www.trendhunter.com/autos) ## Key Themes ### Key Themes Behind This Trend - **Parking Auction Apps:** The trend of developing apps that allow for auctioning access to hard-to-find parking spots creates opportunities for both app developers and parking management services. - **Sharing Economy:** The rise of sharing economy brings opportunities for companies creating decentralized marketplaces or peer-to-peer services for parking management. - **Optimizing Parking Management:** The trend of using technology to optimize parking management creates opportunities for companies offering parking data analytics solutions or IoT-enabled parking systems. ### Where This Applies - **App Development:** Developing parking auction apps is an opportunity for startups and app development companies to create and monetize parking-related services and marketplaces. - **Parking Management:** The use of parking auction apps could potentially disrupt the traditional parking management industry and create new revenue streams and optimization opportunities. - **Data Analytics:** Parking data analytics could play a major role in optimizing parking management by providing insights into parking patterns, pricing, and demand forecasting. ## Related on Trend Hunter - [Smart Parking Access](https://www.trendhunter.com/trends/park4me.md) - [Peer-to-Peer Parking Platforms](https://www.trendhunter.com/trends/valay-park.md) - [AI Parking Assistants](https://www.trendhunter.com/trends/parkyai.md) - [Parking Management Tools](https://www.trendhunter.com/trends/parking-management.md) - [AI-Powered Signage Apps](https://www.trendhunter.com/trends/parky-ai.md) - [AI-Powered Parking Solutions](https://www.trendhunter.com/trends/parking-sign-scanner.md) - [E-Scooter Parking Monitors](https://www.trendhunter.com/trends/bird-vps.md) - [AR E-Scooter Parking Apps](https://www.trendhunter.com/trends/ar-parking-assistant.md) - [Motorist Money-Saving Apps](https://www.trendhunter.com/trends/moneysaving-app.md)