Smart Parking Proves a Worthy Goal

This article describes how smart parking looks like a market poised to take off in the United States (US). Smart parking could bring many benefits, not just for parking facility operators and their customers but also for society as a whole. Parking is an estimated $24-25 billion industry in the US and although highly fragmented, it is experiencing a growing trend towards consolidation and outsourcing of parking operations and services. Estimates suggest there are between 100 million and 800 million parking spaces in the US and ITS America believes roughly 20 million of these are to be paid-for spaces. While growth in greenfield parking facilities is slow, adoption of electronic payment and parking customer convenience applications in existing brownfield facilities shows promise. It is estimated that well over 50% of paid-for facilities accept some form of non-cash payment, and the remainder intend to convert to cashless payment options shortly. The article discusses how the adoption of smart parking technology, especially parking customer convenience applications, appears to be at an early stage. The article discusses how parking has been an arms-length, cash-only business, with very little emphasis on using technology to improve operational efficiency or customer service.

• Record URL:
  http://www.itsinternational.com/categories/parking-access-control/features/smart-parking-key-to-sustainable-urban-mobility/
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/35183091
• Supplemental Notes:
  • The article was published online with the title: Smart Parking Key to Sustainable Urban Mobility.
• Authors:
  • Bayless, Steven H
• Publication Date: 2013

Language

• English

Media Info

• Media Type: Print
• Features: Photos;
• Pagination: pp 62-63
• Serial:
  • ITS International
  • Volume: 19
  • Issue Number: 2
  • Publisher: Route One Publishing Limited
  • ISSN: 1463-6344
  • Serial URL: http://www.itsinternational.com

Subject/Index Terms

• TRT Terms: Automated toll collection; Contracting out; Customer service; Mobility; Operations; Parking facilities; Sustainable development; Technological innovations
• Candidate Terms: Smart parking
• Subject Areas: Highways; Operations and Traffic Management; Terminals and Facilities; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01482857
• Record Type: Publication
• Files: TRIS
• Created Date: May 31 2013 5:22PM