Highlighting Statistics on Car Parking Finder App
From 2023 to 2030, the parking management market is projected to develop at a compound annual growth rate (CAGR) of 12.1% from its 2022 valuation of USD 4.38 billion.
The global parking management market was valued at USD 4,564.0 million in 2023 and will grow to USD 9,261.1 million by 2030.
The market is expected to increase at a CAGR (2024 – 2030) by 2030 to 10.6%.
In terms of segment, the solution generated a revenue of USD 3,064.5 million in 2023.
Among all the components, the service component segment is particularly profitable and the most rapidly growing during the forecast period.
Based on geographical location, North America was the largest market in terms of revenue in 2023.
Also, based on the country, it is anticipated that the U.S. will exhibit the highest compound annual growth rate from 2024 to 2030.
How Does The On-Demand Parking App Work?
The car parking mobile apps help users to find nearby parking spaces, and they can also book parking spaces. It makes the car parking process easier. Apart from finding the parking areas, the on-demand parking app also helps you get a driver to park your vehicle if the parking spot is situated at a distance. The driver parks your vehicle in the parking space you choose. After you finish your work, the driver will pick up the car from the parking lot. This seems so convenient, isn’t it?
Since such apps have made parking easier, many start-ups and businesses are investing in parking application development. This blog will help you learn about different aspects of parking app development, like basic features, technology stack, and the cost required to build a high-quality parking finder application.
How to Build User Centric Parking Finder App?
Suppose you plan to invest in parking mobile app development to get a scalable app. In that case, the process needs you to consider different vital aspects like features and technology stacks used to make it a successful app. There are different apps combined to make your parking app successful, and they are
User Panel
While creating a user panel app, the car parking finder mobile application development team should consider user engagement and experience as a priority. They should keep the features simple to create a user-friendly app. Here are some functionalities that need to be integrated into the user panel
- Register
- Integrate GPS to track the vehicle’s location
- Find Pickup Location
- Manage Parking History
- Feed Estimated Arrival & Departure Time
- Make Payments
- Schedule Booking
- Provide Ratings & Reviews
Admin Panel
While creating an efficient admin panel app, the parking finder app development service provider you hire will work on different elements that contribute to responses and controls for the app. So the features include
- Reports
- User and Driver Management
- Add New Locations
- Manage Earnings
- Add/ Reject Drivers
- Booking Manager
- Offer Management
- Reservation Management
Driver Panel
After creating the admin and user panels, the driver panel is another component that plays a vital role in car parking finder mobile application development. The driver would be managing most of the things on the app, and the features that would help him do so would be
- Register
- Contact Customers using the App
- Add Personal information & ID Proof
- Accept or Reject Booking Requests from users
- View Ratings & Review
- Collect Payment from Customers
Advanced Features To Be Integrated In Car Parking Application Development
Apart from the basic features, your car parking finder app needs some advanced features to be integrated during app development. Let us have a look at some vital features that would enhance your app performance, stay in the competition and generate revenue for your business
- Vehicle Tracking
- Rate Card
- Map Searching
- Multiple Cities and Locations
- GPS
- Heat Map View
- Nearby Place Suggestions
- Push Notifications
- Establish Operational Zone
- Multilingual
- In-app communication
- Payment
- Offers & Discounts
Transform the user experience with our expertise in creating a custom car parking finder app!
Additional Features
- Filter and Sort Options
- Booking Confirmation
- Real time alerts and parking management
- Parking Spot Visualization
- Route Navigation
- Multi-language Support
- Booking History
- Users
The above features can help you create a strong online presence. Now, let us move on to learn the technology stack required to build your car parking application.
Tech Stack Required
Several tech stacks followed that assist in elevating user experience and delivering top notch solutions. It is important to select the most appropriate technology that aims to transform the business by providing streamlined processes.
- Debian – Operating System
- Cloud Environment- AWS
- Payments- Braintree & PayPal
- SMS, Phone verification, and Voice- Nexmo
- Powerful Programming- GWT
- Mails – Mandrill
- Data Management- Datastax
- Realtime Analytics- Apache, Spark, Flink
- Push Notifications- Bandwidth, Twilio
- Database- MongoDB, Cassandra, MailChimp Integration
Development Team
- Project Manager
- Developers
- Designers
- Tester
Factors Affecting the Cost of Development for Car Parking App Development
The parking app development cost to build an on-demand parking app is based on functions, features, developers, software, and many other components. The main factors that determine the cost of parking finder application development are:
- Features and Complexity
- UI/UX and Design
- Development Platform
- Location of Developers
Features and Complexity
The cost of car booking app development is primarily focused on the required features of the car parking app. The duration and overall cost also depend on the complexity of the app development. Let’s analyse the required features and impacts:
- Location-based services, area-specific slots
- Reservations of the slot, real-time parking slot availability
- User reviews
- Active slots
- Car parking mobile app
- AI-driven parking management
- Predictive parking suggestions
- Indoor and location navigation
- IoT sensor integration
UI/UX and Design
Creating an intuitive design requires using advanced tools and techniques to attract users and boost engagement. Creating custom and visually appealing designs can establish a strong brand identity.
UI/UX designing includes:- Buttons
- Color Schemes
- Search bar
- Easy navigation
- Real time updates
- Alerts
- Payment integration
Development Platform
Before starting an app development process, selecting the development platform or type of app required, such as iOS, Android, cross-platform apps, hybrid apps, or web apps, is essential. This also involves selecting the development language, which helps determine the cost of the parking solution development. When creating cross-platform apps, developers create a single codebase for various platforms, which saves unnecessary costs and time compared to creating a separate codebase for a separate platform.
Mobile app development platforms Types of Apps- Cross-platform
- Hybrid
- Platform-specific apps
- Swift
- Java
- Kotlin
- React
- Python
- Ionic
- C#
- C++
- Ruby
- PHP
Location of Developers
Looking to boost your presence and establish a digital identity with advanced tech stacks?
What are the Monetization Strategy For Your On-Demand Parking App?
Commissions
Advertisements
Subscription
Loyalty programs
Conclusion
The parking finder app has undoubtedly helped people in metro cities find parking spaces without any hassles. If you wish to start with a business idea that helps customers find parking areas and save time, consider having an app solution to help people monetise through app ideas.
If you want to collaborate with a reliable on-demand mobile app development company to build an app that helps run workable business ventures, connect with X-Byte Enterprise Solutions. Our expert app developers can help you get market-ready app solutions that will let you monetize your app effectively.
