Parking is a problem in every major city. For example, in New York City alone, about 7 million cars need a parking space on any given day. And while some people have the luxury of renting an apartment with ample parking available, many more do not.
It’s no secret that technology is constantly evolving, and parking operators need to stay up-to-date on the latest trends to remain competitive. Emerging technologies are shaping the future of parking, from autonomous vehicles to mobile payments.