Review of the Parksen Green, Smart, and Connected city market potential
There are over 700 million drivers globally, where the Parking and Transportation industry generated about $25 billion in the United States and $50 in the Western European countries, this is according to the 2013 Frost and Sullivan analysis report. It also predicted that the sector will grow due to a variety of investments of more than $200 million in 3 to 5 years. These investments aimed at impacting both on and off parking where governments and colorations have been hustling to keep up with the high demand of the consumers that are getting used to advanced technological innovative advancements.
What has happened over the last 3-5 years?
Let’s discuss what has changed between the last periods of time. Many local, as well as international parking applications, have been created. Even though it was an important initial step to the offering of real-time parking information, but it is still only the beginning of the actual change. There is still a long way to go before a real smart city is created.
Why is everything moving so slowly?
By assessing how things work, we would conclude that slow development is due to the local governments and the municipalities. These play a big part in the transportation and parking industry, and these have never been known for having speed in doing things. This is why there was an emergence of many peers to peer solutions, but it is clear that a true solution for the environment and infrastructure problems can only be achieved if vendors work together with corporate institutions as well as the government bodies.
Industries and government bodies cannot stay behind in this age of technological advancement and disruption. With the pressure from politics as well as the society demands, cities and companies are forced into finding long sustainable solutions to drive back congestion and harmful emissions. The rise of IoT technology has helped in speeding up the whole process. Currently, more than ever data can be gathered and distributed more easily and faster contributing directly to healthier city infrastructures. All that is needed is a platform that can utilize all of this data and use it to improve the quality of life, and that is what Parksen is aiming at.
Parksen is the connecting bridge between all stakeholders and the users, acting as the foundation to the geen and smarty city solutions. Instead of using a one-sided dimension applications, Parkesen Green will combine all the best three worlds in creating a global norm, a true Green smart and connected city platform that uses real-time data and technology in solving the major issues.
Parksen Global expansion
Currently, Parksen is located in Amsterdam, a new platform is in its development which will focus on English speaking countries which are specifically the United Kingdom and the united states, the Russian language. Will also be added as well as the Asian markets because they face high congestion level, harmful emissions as well as high costs of driving. Later on, the platform will expand into Africa, the Middle East, and South America.
Official links for more details,
Website Link : https://www.parqtoken.com
Whitepaper Link : https://www.parqtoken.com/wp-content/uploads/2018/01/Whitepaper_PARQ.pdf
Telegram Link : https://t.me/parqtoken
ANN Threads Link : https://bitcointalk.org/index.php?topic=4215740.0
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Medium Link: https://medium.com/@PARQtoken
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ETH Address: 0x1628A1f03326b1d069dF7C320102eDC76DE27892