This article provides an analytical overview of 10 new smart parking solutions. These companies introduce solutions like smart sensors, parking data platforms, end-to-end parking solutions, automated real-time parking monitoring, and bicycle parking apps. This article explores how these advancements are shaping the future of urban mobility and parking efficiency. Each solution exemplifies the rapid technological progress in smart parking, emphasizing the importance of convenience and efficiency in modern urban environments.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the smart parking industry. This sector is marked by key trends and a substantial workforce, shaping its future. We updated this report 5 days ago. Noticed something’s off? Let’s make it right together — reach out! Here are some key insights at a glance:
- Current Smart Parking Trends: Some of the major trends impacting the smart parking industry are automated valet parking, dynamic pricing, IoT and smart sensors, mobile payment and reservation systems, and electric vehicle (EV) charging integration.
- Smart Parking Industry Statistics: The global smart parking industry encompasses 2K+ organizations and has a massive 53.9K workforce. It is experiencing a rise of 11.23% in annual growth rate and has seen the emergence of 350+ new smart parking companies in the past five years.
- 10 New Smart Parking Solutions to Watch:
- Parqour – License Plate Recognition
- CityZ – Parking Status Recognition Sensors
- Papp Mobility – Parking Data Platform
- MyParkings – End-To-End Parking Solution
- Cocoparks – AI-Powered Parking Management
- Drifter World – Real-time Parking Monitoring
- Spark – Digital Valet Parking
- Rastel.io – Bicycle Parking App
- AccelCity – Book & Pay Online Parking
- TIZIT – Touchless Parking
Meet 10 out of 350+ New Smart Parking Solutions
In this section, we spotlight 10 new smart parking companies offering smart sensors, parking data platforms, AI-powered parking management, digital valet parking, and book & pay online parking. These entities integrate advanced algorithms, sensor technologies, and AI to enhance parking efficiency, user convenience, and operational accuracy. Read on to explore many more innovative solutions that these companies offer!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Parqour
- Founding Year: 2020
- Employee Range: 51-100
- Location: USA
- Signal Strength: Very Strong
- What they do: Parqour offers a software platform that enhances operational efficiency and customer experience in parking management. It streamlines the entry and exit process for drivers with real-time data capabilities along with automated license plate recognition. Parqour also offers contactless payment solutions. The platform offers valuable insights for parking operators by supporting real-time occupancy tracking, revenue monitoring, and utilization analytics. It also includes validation and permit management features for ensuring smooth access for authorized vehicles. The platform’s 24/7 remote control system offers strong oversight for improved security and operational transparency. The firm reduces capital expenditures for its clients as its hardware solutions require no upfront costs. Furthermore, the platform’s zoning and violation detection capabilities further optimize parking area management.
2. CityZ
- Founding Year: 2/21
- Employee Range: 2-10
- Location: Italy
- Signal Strength: Very Strong
- What they do: CityZ enhances urban mobility and parking management with smart parking technology. It utilizes patented ultra-thin sensors which are placed on road surfaces with a special adhesive material to detect real-time parking status. The system communicates this data through LoRaWan transceivers and gateways to CityZ’s server. This integration with CityZ’s platform allows monitoring of parking space occupancy in real-time. The technology’s shared APIs facilitate easy integration into municipal apps, parking management infrastructures, and urban mobility applications. This supports the development of mobility as a service (MaaS) solutions. Urban planners, municipalities, and drivers use this solution for improved parking efficiency and reduced congestion.
3. Papp Mobility
- Founding Year: 2020
- Employee Range: 2-10
- Location: Denmark
- Signal Strength: Medium Strong
- What they do: Papp Mobility employs IoT sensors and data integration to provide parking insights through the Papp Insights platform. The platform offers detailed analytics on occupancy rates, usage patterns, and parking trends, aiding city planners and businesses in decision-making. The Papp Mobility App enhances user convenience by offering real-time availability data for parking spots, EV charging stations, and handicapped spaces. The platform also improves efficiency for local businesses by including features for monitoring and managing reserved business parking spots. Papp’s Charging Optimization solution prevents misuse by ensuring efficient utilization of EV charging stations. The system facilitates the integration of existing parking data for creating a unified view for operators.
4. MyParkings
- Founding Year: 2021
- Employee Range: 11-50
- Location: India
- Signal Strength: Very Strong
- What they do: MyParkings offers smart parking solutions utilizing technologies like QR codes and FasTag integration for hassle-free vehicle parking. The MyParkings app allows users to book and check in parking slots. It employs automatic number plate recognition (ANPR) to enhance parking enforcement and ensure accurate vehicle tracking. The platform promotes paperless transactions with receipts sent via WhatsApp by integrating point-of-sale (POS) terminals for digital management. It benefits users with advance booking features and a dedicated wallet for managing payments and refunds. Its smart QR code system enables instant parking access with a simple scan. The platform is hardware-free and maintenance-light making it suitable for municipalities, smart cities, business parks, and large event venues. The firm also provides an intuitive web dashboard with analytics for real-time monitoring and management of parking spaces.
5. Cocoparks
- Founding Year: 2020
- Employee Range: 11-50
- Location: France
- Signal Strength: Very Strong
- What they do: Cocoparks develops an integrated solution for intelligent mobility and parking management, utilizing AI to enhance urban mobility. Its platform provides 360° parking control including real-time on-site guidance, analytical steering, and control assistance. Cocoparks’ technology creates and manages parking data from proprietary technology and existing infrastructure, delivering real-time services for users and administrators. The platform benefits various sectors, such as healthcare facilities, school and university campuses, airports, and shopping centers by improving safety and efficiency with its platform. The company facilitates collaboration with existing tools by integrating with numerous APIs.
6. Drifter World
- Founding Year: 2020
- Employee Range: 11-50
- Location: Sweden
- Signal Strength: Very Strong
- What they do: Drifter World develops smart parking technology designed for parking management with sustainable and user-friendly solutions. Its system, DrifterBOX, utilizes AI-powered automatic number plate recognition to monitor individual parking slots, providing real-time occupancy data and insights. The platform allows property owners to optimize revenue and manage parking spaces efficiently by offering dynamic pricing. Drifter World integrates electric vehicle (EV) charging with its plug-and-charge function for automatic identification of vehicles during charging sessions. It also digitizes parking permits for easy management and control through the Drifter app. The firm’s solution supports environmental initiatives by reducing search times for parking, thus lowering traffic congestion and emissions. The platform benefits municipalities, property owners, and drivers by enhancing security, efficiency, and sustainability in urban spaces.
7. Spark
- Founding Year: 2019
- Employee Range: 2-10
- Location: UAE
- Signal Strength: Very Strong
- What they do: Spark offers a cloud-based solution for changing valet parking into an efficient experience. The platform enhances both user convenience and management capabilities by integrating AI-powered tools to streamline operations. Spark features a paperless system for maintaining a digital trail of financial and operational transactions for enhanced transparency. Its valet management interface provides live transaction views, reporting tools, and customization options for operators and managers. The operations management interface simplifies recording transactions and vehicle details with automated payment calculations and online validation. The user application allows guests to request their vehicles in advance, pay online, and access marketing materials showcasing venue value. Spark supports various venues, including hotels, restaurants, shopping centers, event venues, and airports.
8. Rastel.io
- Founding Year: 2022
- Employee Range: 2-10
- Location: Romania
- Signal Strength: Strong
- What they do: Rastel.io offers smart parking technology for secure and accessible bicycle parking solutions. The company’s system features modular shelters equipped with photovoltaic panels for energy independence and sockets for charging electric bicycles. Its mobile application provides high security through user identity validation, facilitates payment, displays location and availability of parking spaces, and rewards sustainable transportation choices. Further it allows parking administrators to remotely allocate and revoke access, open shelters in emergencies, collect usage data, and create community campaigns with the resource management portal. Rastel.io’s smart shelters are flexible, compact, and ready for quick installation in various urban settings. The platform also supports bicycle rental companies by automating identity verification, payment, and invoicing processes. Furthermore, it helps residential and office complex managers optimize limited parking space for bicycles while ensuring ergonomic design.
9. AccelCity
- Founding Year: 2019
- Employee Range: 2-10
- Location: Morocco
- Signal Strength: Strong
- What they do: AccelCity’s platform enables users to find, book, and pay for parking spaces in city car parks through their smartphones. The system sends alerts before parking sessions expire and allows users to extend their time remotely. This integration of IoT technology ensures a hassle-free parking experience for citizens. The platform also reduces traffic congestion and lowers emissions by offering real-time data on parking availability. The technology supports a transparent and accessible approach to urban living to improve overall quality of life.
10. TIZIT
- Founding Year: 2023
- Employee Range: 2-10
- Location: Portugal
- Signal Strength: Medium
- What they do: TIZIT simplifies parking for drivers through real-time technology and automation. The company’s platform provides drivers with available parking spots nearby, detailing on-street and off-street options with specific characteristics. TIZIT’s spot-swapping feature allows drivers to coordinate with others to exchange parking spots which optimizes time and reduces hassle. Its “pay as you stay” model ensures cost optimization, allowing users to save money on unused parking time. The platform’s real-time heat map data helps drivers understand parking availability and avoid fines by providing detailed spot information. It automates the parking process through Bluetooth connectivity and real-time data integration, offering a touchless experience.
Quick Tip to Find New Smart Parking Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new smart parking solutions provides significant benefits compared to traditional scouting methods.
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces hours of your conventional desk research, saving time and resources in identifying smart parking innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the smart parking industry. The platform keeps you informed with near real-time updates on emerging smart parking solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the smart parking sector, such as digital valet parking, AI-powered parking management, or smart sensors. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Smart Parking Solutions?
We’ve explored the dynamic landscape of the smart parking industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Mobility Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We seek partnerships with industry experts to deliver actionable insights into startups and tech. Interested? Let us know!
