Trend Opportunity Profile: Curbside Management

Trend Opportunity Profile: Curbside Management

Curbsides are becoming the next battleground for cities, primarily because the use of curbside spaces is no longer restricted to parking. They now include eHailing vehicles dropping and picking up customers, delivery vehicles dropping off and picking up packages. Microtransit assets, such as bikes and scooters now occupy the sidewalk. Cities do not have a digital record of their curbside inventory; in several instances, they do not even have an updated, let alone digital, record of the location of a curb or insight into how it is managed.

Curbside management needs data-centric solutions that will generate an inventory of curbside assets that a city currently follows and provides information on real-time traffic flow. Such data would give them insights into deployment of ‘flex’ zones that can be priced dynamically to allow them to generate new revenue; this could be from fleet operators and new mobility service providers. The key features of a solution are curb digitalization, dynamic access, and dynamic pricing. Key growth opportunities discussed in this study include curbside-data-as-a-service, dynamic curbside simulation, and dynamic pricing models.

KEY ISSUES ADDRESSED

What are the key factors or indicators driving demand for curbside management?
What is the scope for innovation and commercialization in this space over the next decade?
What are the key growth opportunities to watch out for in the next decade?
What are the critical success factors for cities, service providers, and technology companies seeking to enter this space?