#sfparking

[dauxanhlacay]

[kenresearch1]

US Parking Management Projected To Reach $9 Billion By 2028

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United States has seen a gradual increase in its population in the past few years. This has also led to large number of vehicles & increased amount of parking spaces & the need for adequate parking management strategies.

There is certainly a need to have adequate parking spaces, since the number of vehicles is increasing in the United States, so that large number of vehicles can be accommodated in a given space. Parking management helps in overall utilization of available parking spaces, enhance traffic flow & reduce congestion.

Story Outline

Rising population & urbanization in United States have led to an increasing number of vehicles on road, resulting in higher demands for parking management services.

Smart parking management systems like San Francisco’s SFpark program & various tech start-ups have been successful in reducing congestion & improving parking experiences. These systems use sensors & AI-enabled platforms to use parking spaces.

Despite the overabundance of parking spots in the US, due to minimum parking requirements policies, the growing number of registered vehicles & revival of ride-sharing platforms like Uber, emphasize the need for developing parking solutions to meet the existing demands.

According to Ken Research, the US Parking Management market is expected to reach $9 billion in 2028, due to increasing population & different kinds of vehicles increasing in number, which demand different kinds of parking services for every parker.

1.Rising Population & Urbanization: Implications for Parking Management Services

Population across United States (2022)

Click to learn more about no. of vehicles in US

The population of United States has recorded a growth of 84.5 per cent between 1960 to 2022. In the recent past, the population figure went from 336 million in 2021 to 338 million in 2022, which is a 0.38% increase from 2021. Moreover around 83% of the population is staying in the larger cities & the trend of urbanization is growing at the rate of 0.6 percent.

In an increasing trend of population growth & urbanization, there will be increased number of vehicles on roads, which demand more parking management services.

2.San Francisco’s Pioneers Success & Tech Start-ups Thrive

SFPark mobile application, 2022

In the United States, San Francisco has been the pioneers of smart parking. They launched SFpark, a program that uses sensor to detect available parking spaces in real time. The information is then transmitted to a centralized data base, which can be accessed via mobile apps & electronic signs. This program has been successful in reducing congestion & improving the overall parking experience.

Apart from this, United States has more than 100 tech start-ups which cater to smart parking management like Metropolis in Los Angeles, which is an AI-enabled platform which provides tech related solutions for operations management, payments solutions, marketing, customer centric applications, analytics etc.

According to Ken Research, the US Parking Management market is expected to reach $9 billion in 2028, due to increasing population & different kinds of vehicles increasing in number, which demand different kinds of parking services for every parker.

3.Overabundance of Parking Spots in US: Implementing Smart Parking Management Systems

No. of parking spots in Ohio, US (2023)

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Currently, the United States is facing a problem of too many parking spots. The country has around 2 billion parking spots. US has a minimum parking requirements policy wherein they are supposed to create parking spaces for every mall, office, stores, movie theatre, restaurants & every building. This policy requires parking spots for every building.

In this scenario, parking management systems can enable drivers to reserve parking spaces in advance, especially for high-demand & special events. This ensures that parking is utilized efficiently & to reduce overcrowding.

4.Growing Demand for Parking Solutions as Vehicle Numbers Reach Record Highs

Number of registered vehicles in US (2012-22)

In September 2022, there were 290.8 million vehicles in US. It included cars, SUV, vans & other kinds of heavy-duty vehicles. Between 2021 & 2022, the number of registered vehicles has increased by 0.45%

As the number of vehicles are gradually increasing in the country, there is a fleeting need for effective parking management solutions.

5.Revival of Ride Sharing Services post COVID: Impact on Parking Management

Rideshare of US Citizens using Uber & Lyft (2023)

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After experiencing a brief slump after COVID, US saw the ride-sharing services recover. Uber & Lyft who showed signs of recovery from May 2020. Uber’s sales exceeded their pre-pandemic levels & on year-to-year, they saw an 8 per cent increase in their rideshare in June 2023.

As ride sharing services show an increasing trend among the US citizens, this will impact parking demands & require better management & allocation of parking spaces.

Conclusion

Rising population & urbanization in the US call for improved parking management services. San Francisco’s success with smart parking & tech start-ups’ innovation suggest better solutions. Implementing smart system is crucial for addressing the overabundance of parking spots & efficiently accommodate the growing demands, influenced by surge in vehicle numbers & revival of ride-sharing services.

[socialsf]

#sfcitywalks #stressrelief #altaplazapark #sfparks #onaclearday #socialdistancing #fridaymood #onlyinsf #quarantinediaries #day26 (at Alta Plaza) https://www.instagram.com/p/B-05xgxJB_O/?igshid=1f0jyzes84hpb

[dingdongdaily]

[jargon1]

The many faces of Buddha #dogs #doggo #sfparks (at McLaren Park, San Francisco) https://www.instagram.com/p/B4rkUlrD1-M/?igshid=mu306k8q1pio

[bobgunderson]

Changes Proposed to Keep Cars King of Golden Gate Park

Cars - Golden Gate Park’s most cherished resource. 

Anyone who goes into Golden Gate Park by foot or bike, immediately knows they don’t belong there.  Last year a bicyclist even died in the park, and that’s why the SFMTA is ready to protect our most cherished San Franciscans - cars.  So the mayor asked the SFMTA to devise a plan that does the bare minimum and keep cars driving and parking everywhere for free.  The project’s goals can be found here. 

SFMTA makes note of a person dying in Golden Gate Park as a reason why they’re willing to make tepid car-friendly changes to the park.  

The SFMTA used index cards to collect all the potential ideas for Golden Gate Park.  Ideas included:

Remove free on-street parking

Manage and charge for parking

Install bike lanes on all park streets

Divert all through traffic to the 2 ARTERIAL roads surrounding the park

Limit speed to 15 mph 

Triple traffic fines within the park

Once all the ideas were collected, they were thrown into a dumpster and set on fire.  

The SFMTA then came up with “solutions” that wouldn’t impact motorists in the slightest, honored suburban style street design, and treated bicyclists and pedestrians like second class citizens.  

The SFMTA proposes adding a smattering of paint, some signs, and maybe even a few raised crosswalks and blinking lights in a grand show of safety theater.  Fortunately none of the proposed changes will do anything to reduce the amount of people driving and parking for free in the park.

If you want to thank the SFMTA, Mayor Ed Lee and Ed Reiskin for all their hard work keeping cars everywhere in the park, you can thank them by filling out their survey here.  

We heard you don’t want cars in the park, but we’re putting cars in the park, because of cars. - SFMTA

[sfmuniverse]

Muni is beefing up security at a time when crime is plummeting on the San Francisco transit system — a stark contrast to its regional neighbor, BART.

Crime on Muni has dropped from 2,236 reported incidents in 2014 to 1,145 in 2018 and trending down again with 461 incidents in the first half of 2019, through June.

Still under pressure to improve, the San Francisco Municipal Transportation Agency tapped a veteran of the Baltimore Police Department to be the next chief security officer of the bus and train system.

At the same time, the Board of Directors is weighing a $60 million, three-year security contract that would increase the number of unarmed and armed guards patrolling bus yards, major platforms and ticket vending kiosks. The plan would increase Muni’s security spending by about 30%.

SFMTA gets a lot of flack for its failures – and the agency has no shortage of them – but it does have successes as well.

For years Muni has invested in alternatives to law enforcement, such as civilian security guards and surveillance cameras. Its subway stations have sturdy fare gates with tall rubber panels to deter cheats — a model that BART seeks to emulate when it replaces its fare gates.

[firstfallingsnowoncedar]

SF witches are so lucky! #sfparking #sanfrancisco #october #witch (at San Francisco, California)

[severepeanutperfection]

On Street Vehicle Parking Meter Market Share and Growth Factors Impact Analysis 2032

The global On street Vehicle Parking Meter Market was valued at US$ 590.7 Mn in 2021 and is expected to reach US$ 1.3 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Single Space Parking Meters will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 7.2%.

On-street parking is a popular choice when compared to off-street, owing to the lower setup costs, lower infrastructure requirements, ease of use for users, and traffic control opportunities.

Single-space Parking meters to contribute the most to revenue

Single-space Parking meters are the top type in the market due to their historic use and benefits like the provision of a visual reminder to pay, the fact that only on lot is affected when a meter is damaged, and the reduction of theft. Multi space kiosks and kiosks that allow remote payments are expected to witness growth as well/

How will the US Continue being the Nucleus of Global On Street Vehicle Parking Meter Demand?

“Government support means the US will continue to be the largest component”

The US is the leading market for On Street Vehicle Parking Meter Demand. There are several cities across the country that have come up with their own solutions. San Francisco, for example, implemented the SFPark initiative, which uses dynamic pricing and provides several other features, such as a mobile app that shows vacancies, and makes data and the source code open to the public for the interest of those who wish to come up with ideas for further innovation.

“On-street Vehicle Parking Meter manufacturers nowadays are closely working on coming up with modern solutions and adapting to new payment methods.” comments an analyst at Future Market Insights.

On street Vehicle Parking Meter Market: Competition Insights

On Street Vehicle Parking Meter providers are largely aiming at developing smarter meters to meet demand. The key companies operating in the on-street vehicle parking meter market include Ditech SRL, Duncan Solutions, IEM SA, IPS Group, Inc., MacKay Meters, MEYPAR, S.L., Parking BOXX Inc., Ventek International, Flowbird, and METRIC GROUP Ltd. among others.

Some of the recent developments by key providers of On Street Vehicle Parking Meter are as follows:

In February 2022, Duncan Solutions signed a deal with Townsville, Queensland to replace the city’s old parking meters. The new meters will be equipped with a solar panel, sun by solar power and work with a mobile app that will allow users to pay remotely. Number Plates will be the basis for ticketing, to eliminate the need for placing physical tickets in the car for enforcement personnel to view.

In May 2022, New Jersey’s Flowbird signed a deal with the City of Columbus to replace the city’s meters with parking kiosks. The kiosks will run using licence plates as identification and allows payment by both card and coins.

In June 2021, ParkMobile announced a partnership with the Parking authority of the City of Elizabeth, New Jersey, which enables parkers to pay for their use of a parking space through a mobile app.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the On-street vehicle parking meter Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in On-street vehicle parking meter in terms of Type (Parking Meter, Parking Kiosks) By Payment Type (Credit Card, Bills, Coins), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

For More Info@ https://www.futuremarketinsights.com/reports/on-street-vehicle-parking-meter-market

About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

[pallavi24]

Global M2M and IoT Market Trends, Research, and Analysis for the Forecast Period 2022-2028

We have reviewed the recent analysis on the Global M2M and IoT Market 2022-2028 research report, which highlights important inputs relating to the global business environment and it's market share, regional trends, market size, and profit projections. The market report research study also allows users to understand the most pressing problems and also available growth strategies established by the leading organizations that account for the global competitive landscape of the M2M and IoT industry.

The global M2M and IoT market 2022 research report includes a comprehensive summary of the industry as well as a detailed description. The international marketplace is analyzed in the study, which includes recent development trends, regional manufacturing status, competitive landscape analysis, and much more. The market analysis goes into great detail about different development regulations, manufacturing processes, and strategies. In addition, the report on the M2M and IoT market includes information on pricing, import/export, investment, revenue, gross margins, and supply and demand figures.

Download a Free Sample Copy of report:https://extrapolate.com/sample/Semiconductor-Electronics/M2M-and-IoT-Market-Insights-2021/8540

Competitive Manufacturers included in report are:

* Masternaut * OnAsset * SFpark * Inovgrid * GATSO * Redflex

The global M2M and IoT market research provides a thorough assessment of the global industry's regional and international competitive industries. The market research report is divided into key regions such as the United States, China, Europe, Japan, India, and Southeast Asia. According to the geographical analysis, the market research provides thorough information on the geological M2M and IoT market share while also demonstrating the expected growth rate of each zone over the forecast period.

The global M2M and IoT market report also includes an overview of price trends, company, profit margins, and so on. The market research report also includes updated facts and concise understanding on the global industry. Primary and secondary research methods are used to investigate the market, which serves a dual purpose of estimating industrial findings while also providing penetrating industrial insights that help you gain insights and clarity of the business environment and competitive tension.

M2M and IoT Market Segmentation by Product Type:

* Product Type I * Product Type II * Product Type III

The Application can be Fragmented into:

* Application I * Application II * Application III

Regions/countries mentioned in this report are:

• North America • Europe • Asia-Pacific • Latin America • Middle East & Africa

Browse More Details With TOC: https://extrapolate.com/Semiconductor-Electronics/M2M-and-IoT-Market-Insights-2021/8540

[citymaus]

“Beginning in mid-January, motorists who park in the city’s 30,200 metered spaces, or in its lots and garages, will be charged more during peak times and less when demand isn’t as high. Hourly rates will vary by time of day and block by block and be adjusted up or down four times a year, depending on actual use during the previous quarter.

The Municipal Transportation Agency board approved the plan Tuesday on a 5-0 vote.

Although several US cities have experimented with limited versions of demand-based pricing, San Francisco is the first one to apply the system across the city.

results from the sfpark pilot program.

“SFMTA planners say their goal is to increase the availability of coveted city parking spaces, particularly in areas where demand is high. Where demand-based rates are raised, drivers will be motivated to shorten their stays. Or they will park outside of high-demand blocks, where rates are lower, or even leave their cars at home.

Either way, the number of people cruising through neighborhoods during high-demand times will be reduced, and more spots will open up sooner, said Hank Willson, the MTA’s parking policy manager.

The intent, he said, is to make sure a space or two is available on each block.

“It is so exciting to see this go citywide,” board Chairwoman Cheryl Brinkman said after the vote. “It will be invisible to most people — but they will be able to find a parking place.””

read more: sfgate, 05.12.17.  more background: “cruising for parking,” by ucla “parking professor” donald shoup. 

YES.

transportation planning WIN.

good job san francisco for following data analysis and research rather than political whimsy and popular misconceptions. 

street parking is a public resource being used by private property. it should have a cost to be used, as any other scarce economic good. pricing parking right increases access to it, while underpricing (or giving parking away for free) it makes people leave their cars out for hours, keeping other people from coming. 

[dauxanhlacay]

[walksanfrancisco]

Walking San Francisco & Thinking Out Loud . One of my favorite buildings on Fisherman's Wharf is Capurros Restaurant. You go there for the Sacilian seafood dishes but if your lucky enough to meet Paul Capurro he might tell you a story or two. The Sicilian Carratto hanging in the bar has a story line reminiscent of Romeo and Juliet. I hope the bright colors in these photos cheer you up! 🍻 . It's up to each one of us to lay low, stay home and help flatten the curve by not spreading the disease. Be safe and you'll make everyone else safer🙏 . Thanks for the likes and follows "The Tour Guide With A Camera" Michael@WalkSanFrancisco.com WhatsApp 1-415-980-0593 . · · · #sanfranciscouniverse #sanfranciscostreets #deserted #sickday #schoolsout #emergency #cautious #sf_daily_moment #seizethebay #insta_real_art_sf #sanfrancisco_now #sfbayarea #sf_insta #igersanfrancisco #sunsetview #sunset_love #sunset #friends #eveningsky #bridgesoflove #instagram #californiavibes #westcoast #goodvibesonly💯 #funday #californiacoast #sfparks (at Capurro's Restaurant) https://www.instagram.com/p/B98fKVIBK1k/?igshid=1o55uq01ww6ng

[howiekarp]

#bernalheights #precitapark #sfparks (at Bernal Heights, San Francisco)

[yorickharris]

From my solo trip to SF in 2008. . . . . #sanfrancisco #SF #paintedladies #sfphotography #sfpark #fullhouse #fullerhouse #photography #californialiving #californiaphotography #2008 #sunnyday #sflife #sfphoto #sanfranciscolife #sanfranciscobay #sanfranciscolove #sanfranciscosummer #travelphotography #travelling #travelblogger #travelgram (at Painted ladies)

[tykejones-blog]

Took my 4yr old on a sunny hike in The Presidio on MLK Day. We were very lucky to see a couple of coyotes during the day (very rare). My son was very excited to catch this right inside the City. #sanfrancisco #bestofsf #presidio #thepresidio #thepresidiosf #presidiosf #loverslanetrail #hiking #urbanhiking #urbanhikingsf #cyote #cyotes #urbancyotes #sfparks #sfparksandrec #california #northerncalifornia #presidiopark (at Lovers Lane Presidio)