Top 4 Parking and Mobility Trends to Keep Top of Mind in 2024
3 min read.
As we usher in the new year, the landscape of urban living is undergoing a profound transformation, with technology playing a pivotal role in reshaping the way we move. The realms of parking and mobility are experiencing a paradigm shift that demands our attention and adaptation. As we look ahead, it's crucial for individuals, businesses, and city planners alike to stay informed about the latest trends that are set to redefine our daily commute and parking experiences.
Below are the top four parking and mobility trends that are poised to dominate in 2024.
1. Future-proofing your facility with electric Vehicle (EV) charging stations to meet evolving mobility requirements.
With electric vehicles (EV) gaining popularity and the Canadian government halting all production of gas-powered vehicles in 2025, now is the time to start planning your EV charging station infrastructure. Installing EV charging stations within your parking facility increases your lot's desirability, catering to a broader audience in search of convenient and sustainable parking solutions.
The Zero Emission Vehicle Infrastructure Program provides funding for the installation of EV chargers in public places, on-street, residential buildings, workplaces, and for vehicle fleets. The program makes installing EV charging technology at your parking facility a more manageable investment.
2. Utilizing Internet of Things (IoT) and Generative AI to gather real-time data and streamline your operations.
The integration of Internet of Things (IoT) and Generative Artificial Intelligence (AI) has the potential to revolutionize parking systems, making them more efficient, user-friendly, and sustainable. Deploying smart parking sensors in parking spaces can provide real-time data on occupancy status. These sensors can detect whether a parking spot is vacant or occupied and transmit this information to a centralized system. Utilizing generative AI algorithms can help predict parking demand based on historical data, events, or trends. This enables better resource allocation and planning for parking facilities.
These tools can also be used to assist in parking enforcement, streamlining processes and optimizing overall operational efficiency.
3. Implementing mobility-as-a-service (MaaS) by offering an integrated mobile parking platform.
A mobile parking platform is one of many ways to take advantage of Mobility-as-a-Service (MaaS). Offering your customers, a quick and easy way to pay and reserve parking, as well as schedule last-mile services creates a seamless parking experience and increases your parking revenue.
Reservations can include parking and valet, electric vehicle charging, car wash and care services, event and stadium registration, and even custom integrations like lounge services, restaurants, meet and greets, and more. A mobile parking platform also allows for complimentary or discounted parking to select visitors.
4. Incorporating micromobility-dedicated parking stalls into your parking facility.
The term micromobility refers to the use of small, lightweight vehicles such as bicycles or scooters—especially electric ones—made specifically for shared-use programs and short trips. With the increase in the use of micromobility vehicles as alternatives to full-sized vehicles, it’s a strategic investment to incorporate designated bicycle or micro-vehicle parking stalls or storage.
The parking and mobility industry continues to evolve to keep pace with technological and societal advancements. As a parking facility manager or owner, it’s important to know about these changes, and how they can affect your business. Keeping the above trends top of mind will set your facility up for success in 2024 and beyond.
References
Parking as a service: Paas, present and future. Intertraffic Global. (2021, May 19). https://www.intertraffic.com/news/parking/as-a-service-paas-present-future
Trends, M. (2021, December 22). How AI-Based Parking has Exponentially Improved Our On-Road and Parking Experience. You are being redirected... https://www.analyticsinsight.net/how-ai-based-parking-has-exponentially-improved-our-on-road-and-parking-experience/
Trends, M. (2021, December 22). How AI-Based Parking has Exponentially Improved Our On-Road and Parking Experience. You are being redirected... https://www.analyticsinsight.net/how-ai-based-parking-has-exponentially-improved-our-on-road-and-parking-experience/
Locke, J. (2022, March 10). What is micromobility and what is the market for developers?. Digi International. https://www.digi.com/blog/post/what-is-micromobility
Canada, N. R. (2023, November 29). Zero emission vehicle infrastructure program. Natural Resources Canada. https://natural-resources.canada.ca/energy-efficiency/transportation-alternative-fuels/zero-emission-vehicle-infrastructure-program/21876