Business Outlook of Smart Parking Management System


A smart parking management system automates the parking process, optimizing space and making processes efficient. There is real-time parking information, such as vehicle counts and available spaces, pay-and-park options, easy payments, and reports.


Grandi Stazioni Rail SpA aims to manage fourteen major Italian railway stations

In addition to enhancing and reinventing the public space, Grandi Stazioni Rail transforms the biggest station property complexes into town squares. Stations are transforming from places of transit to busy service centers, shopping malls, and venues for art and culture.

As a functional interchange terminal, a station’s principal service is the parking experience. From the arrival at the station, Grandi Stazioni Rail wants to turn the travel experience into a seamless, daily routine. Users need to be able to park their cars quickly and conveniently close to the tracks.

It was necessary to offer this service in a structured and automated way during the renovation of Genova Piazza Principe, Verona Porta Nuova, Genova Brignole, Torino Porta Nuova, and Venetian Mestre stations in the north of Italy. For a high level of service, it was necessary to monitor the parking systems from a single control room in all their technical, economic, and statistical parameters.

According to the market database, the Porta Nuova train station serves as a gateway to the city center. For this station, a parking solution was essential. Piazza Principe is the city’s prime train station, the renovation of parking lots was of focal attention.

A place of heavy transit in the city of Genova, Genoa Brignole is its second-largest station. Located at the foot of Colle Montesano, the station is a short walk from the center. A parking solution was necessary because of the visitors it receives every year. Among the three biggest stations in Italy, Torino Porta Nuova has 2,900 square meters of commercial space per day and accommodates 192,000 daily visitors. Due to the location of these stations in the city center, travelers must access the parking areas. These need to be handled perfectly to avoid interfering with daily parking needs elsewhere in the city.

According to the market database, Hub Parking Technology installed 30 devices, including Lane Entry and Lane Exit peripherals, Ticket Readers, Automated Pay Stations, and centralized monitoring through the JMS Janus Management System, in five parking areas equipped with the ParQube solutions. Their solutions make parking easy, affordable, and stress-free for travelers. In addition to professionals, operators’ technicians, and administrative staff, a functional interface makes daily operations easier for staff employees with limited parking management experience.

This technology guarantees smooth operations to Grandi Stazioni Rail SpA through its extensive presence. In these train stations and the central control room, the management platform enables the customer to monitor the parking areas 24/7 from any web-connected device, such as smartphones and tablets. Parking operators have real-time access to parking lot information through video and intercom.


Microsoft partners with Smart Parking Systems 

The use of smart parking systems is transforming the way we think about parking and creating high-value business outcomes for towns and cities. As a result, congestion is eased, air pollution is reduced, and residents’ lives are improved.

According to the market database, Microsoft aims to offer IoT solutions for Smart Cities through its management platform, which leverages its knowledge and partnerships. The goal is to create a modular, flexible solution that covers all aspects of digital cities. Intercomp has been selected as a Smart Parking solution and is transforming the market. It is now officially part of Microsoft’s AppSource solution catalog. By integrating Azure services and other Microsoft products, their solution will benefit users and managers in many ways, including privacy protection, security, quick data exchange, and updated technologies.


Sony’s sensors to aid smart parking in Rome

Sony’s IMX500 sensor, the first to feature embedded Artificial Intelligence, will improve performance and address privacy concerns. According to the market database, the partnership between Sony Europe and Envision aims to diminish the city’s transportation-related pollution and pedestrian accidents. Three separate trials are being conducted with these sensors by Envision.

Italy’s capital is known as one of the world’s deadliest cities for pedestrians. Rome has over 1,000 pedestrian accidents every year and multiple fatalities per week are not uncommon. Rome is one of the world’s most polluted and congested cities. As recently as 2018, ClientEarth and Greenpeace Italy threatened Rome’s regional government with legal action for failing to prepare plans to combat nitrogen dioxide and particulate matter pollution.

According to the market database, by these systems, road congestion and pollution can be diminished. A smartphone app will alert drivers of free parking spaces and direct them there. Optimizing and enhancing public transport services would also help resolve the congestion and pollution issues that Rome faces. Considering some of the more futuristic possibilities of smart cities is exciting, but today’s problems need well-built solutions. In the coming months, Sony will begin launching a series of trials that will improve the lives of everyone visiting the city, not in years or decades.

Concerning the parking space trial, it’s unclear whether the sensors are compatible with motorcycles and scooters. Regardless, these trials are to begin during June 2021. It is unknown how long they will run, but it will be interesting to see the results. The parking management market and its 10-year business outlook can be understood using Global Market Database