Parkofon operates in the smart mobility sector, offering innovative parking solutions designed to alleviate common urban challenges such as stressful parking, painful navigation, and lengthy commutes. The company provides a device that users place in their cars, which automatically detects parking zones and sends real-time notifications about meter expiration and no-parking alerts. This service is particularly beneficial for urban drivers who frequently navigate metered parking areas and need reliable information on available parking spaces.

Parkofon's primary clients include urban commuters, city dwellers, and businesses that require efficient parking solutions for their employees or customers. The company operates in the smart city market, which focuses on integrating technology to improve urban living conditions.

The business model is based on a combination of device sales and subscription services. Users purchase the Parkofon device and may subscribe to additional services such as guaranteed garage parking and real-time parking alerts. Revenue is generated through these sales and subscriptions, as well as potential partnerships with municipalities and private parking operators.

Keywords: smart parking, urban mobility, real-time alerts, metered parking, parking zones, garage parking, smart cities, urban navigation, parking solutions, device-based service.