Future of Parking Access Control: Innovations & Trends to Watch in 2023

Parking has come a long way from the days of manual toll booths and paper tickets. The advancement of parking access control technology has made it possible to provide a seamless and secure parking experience for drivers, property owners, and parking operators.

With innovative parking access control systems, businesses can now better control their parking operations while reducing costs and improving customer satisfaction. This blog post will explore the latest trends and innovations in parking access control technology that will shape the future of parking in the years to come. Whether you’re a parking manager, a business owner, or just someone looking for a more efficient way to park your car, join us as we take a closer look at the future of parking.

State of the Parking Industry in 2023

The global parking management market is projected to reach 10.14 billion USD by 2023, growing at a CAGR of 11.1% from 2022 to 2030.

The primary drivers of the parking sector’s tremendous growth are due to:

 The advent of self-driving vehicles

 Increased availability of integrated automated solutions

 Advancements in smart wireless technologies

 Government initiatives favoring sustainable solutions

 Rapid urban development impacting the number of spaces available in metropolitan areas

Top Parking Technology Trends of 2023

Read on to learn more about some of the most critical breakthroughs in the parking industry.

Automated Parking System

Parking allocation has become a significant problem in modern cities worldwide, leading to the development of intelligent parking systems. According to Science Direct, 30% of drivers in metropolitan cities say it takes seven minutes to find a good parking space.

Apart from the frustration drivers experience, this delay increases fuel consumption and air pollution in urban areas. Automated parking systems present an efficient, streamlined solution for both users and parking operators.

Automated parking systems work with a combination of smart sensors, electro-mechanical conveying devices, AI software, and computerpowered bots. These systems allow visitors to leave their cars at the entrance and pick up a parking ticket. AI-powered systems scan the vacated car to determine its size, then audit the parking spots available in the facility. A mechanical system then drives the car from the entrance to the designated parking area.

Automating many manual processes makes parking systems more efficient and sustainable, enabling a positive user experience.

Next-Gen Parking Guidance Systems

Today’s consumers expect a seamless, fast, and easy experience in almost every aspect of their lives. To keep up with user expectations, the Internet of Things (IoT) is being integrated into parking control systems to enhance efficiency and management.

This innovative technology allows for online communication between users and parking operations, providing a real-time view of available parking spaces in a facility. The system tracks and uses data to direct drivers to vacant spaces within the lot to maximize efficiency. Think of it as a dynamic version of the red and green light system that was popularized a few years ago!

Drivers benefit from a convenient and streamlined user experience, while property owners can use this data to eliminate or make better use of empty areas.

Mobile Integrations for Parking Access and Revenue Control

Another trend shaping the future of parking management is the adoption of mobile apps and wireless connectivity. While contactless payments have been around for years, new integrations allow for better communication between parking facilities and users.

Software-based parking management systems help increase city mobility and offer operators a dependable revenue model. Using data analytics, wireless communication technologies, and sensors, these systems can address parking issues and allow users to reserve and pay for parking spaces hourly, daily, or monthly through a secure web portal or mobile app.

This allows property owners to view real-time availability and make informed decisions on how much to charge based on peak hours of operation and user behavior.

The Future of Parking Access Control

As we have explored the latest trends and innovations in parking access control technology, it is evident that the future of parking is exciting and promising. Advanced technologies like automated parking systems, AIbased parking guidance systems, and mobile applications are transforming parking into a more efficient, sustainable, and user-friendly experience.