Short description: Parking search in cities for drop-offs & deliveries lead to higher emissions, traffic, illegal parking & stress. Enabling residents, shared mobility & logistic users to select/navigate to managed curb/lot parking spaces in high-activity zones improve urban livability/safety & freight operations.
Market potential: Total smart parking sector expected to reach $11 bn by 2027 with 13% growth. Start w/ residential areas, expand to cities & include logistics.
Timing: Managing parking activities is required in high-demand zones to maintain reliability, safety & livability. The solution can be implemented as soon as availble.
Desired result: A solution that helps global citizens spend less time searching for parking spaces & reduce emissions. This can be extended to logistics use cases while expanding city-wide. As a roadside loading zone detection system, suppliers can participate in the system, e.g. keeping bike lanes clear.
Information on challenge owner: Mid-Cap (250-3,000 staff).
Market presence of challenge owner: Global presence.
Keywords: Applications for Transport and Logistics Platform; Intelligent Identification (e.g. QR Code / Sensoring); Sustainability; Real-Time