Startup Ideas AI

With increasing traffic congestion and limited parking spaces, a platform connecting drivers with unused parking spaces from homeowners or businesses can alleviate frustration. Users can rent parking spots for short durations, reducing the time and effort spent on finding parking. Revenue can be generated through a commission-based model. Market size: According to a report by Research and Markets, the global peer-to-peer sharing market is projected to reach $335 billion by 2025, with parking being one of the potential areas of growth.