The smart commute market is expected to grow from US$ 30,469.49 million in 2021 to US$ 86,568.73 million by 2028; it is estimated to grow at a CAGR of 16.1% from 2021 to 2028.
Smart commuting is defined as regularly traveling via carpooling, vanpooling, biking, bicyclists, or taking the metro. Public transit companies, governments, and other stakeholders have developed a complete strategy that considers smart travel and shares it with the public to construct more powerful transportation in metropolitan regions. Smart commuting positively impacts the environment by decreasing traffic congestion and reducing greenhouse gas emissions.
Carpooling, bike-sharing, vanpooling, and other environmental-friendly commuting options are available through smart commute services. It provides office workers with a transportation option to choose a more effective commute path that reduces traffic congestion and transportation expenditures. One of the factors boosting the growth of the smart commute market is the growing number of city dwellers, leading to an increase in generational rates. Sharing transportation services have gained universal acceptability and are being encouraged by governments and environmental bodies as it helps reduce emissions. It allows for fewer private autos, which is expected to fuel the growth of the smart commute market in the coming years.
In North America, the need for smart commutes has been fuelled by an increasing preference for carpool services among office commuters which would alleviate traffic congestion and prevent environmental damage. Furthermore, a rise in the tourism industry, technological advancements, and favorable government policies are other factors driving the growth of the North America smart commute market. In Europe, the rise in the trend of mobility-as-a-service and the increase in the user base of ride-sharing services are expected to create lucrative opportunities for the market players.
In Europe, due to growing concerns about global warming, road congestion, and reliance on foreign energy, smart commuters are becoming more popular. The practice of levying toll rates on automobiles with a single occupant, which was imposed in 2012, has resulted in a huge increase in the use of smart commutes by European consumers.
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Smart Commute Market: Strategic Insights
Market Size Value in US$ 30,469.49 million in 2021 Market Size Value by US$ 86,568.73 million by 2028 Growth rate CAGR of 16.1% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
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Smart Commute Market: Strategic Insights
| Market Size Value in | US$ 30,469.49 million in 2021 |
| Market Size Value by | US$ 86,568.73 million by 2028 |
| Growth rate | CAGR of 16.1% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Smart Commute Market
The COVID-19 outbreak had a significant impact on the transportation sector. The demand for carpooling and vanpooling services reduced globally in 2020 due to the COVID-19. The worldwide smart commute market saw a considerable decline in revenue generation in 2020 compared to 2019, partly due to the lockdowns and customers' reluctance to use ride-sharing services even after the regulations were lifted. Ride-sharing firms are always attempting to maintain driver and passenger confidence in terms of safety and sanitation.
Market Insights– Smart Commute Market
Increasing Trend of Mobility-as-a-Service
People who are not capable of purchasing a car can experience seamless travel through mobility services. According to the Bureau of Transportation Statistics, the average cost of owning and operating a vehicle is roughly $8,858, assuming 15,000 kilometers of drive per year. Mobility-as-a-service reduces these costs for the user by maximizing the use of transportation services such as carpooling and ride-hailing. It also reduces traffic congestion and overall automobile emissions in cities. As a result, digitally-enabled carpooling and ride-hailing efficiently manage transport demands and provide a convenient and environmentally friendly alternative to private automobile ownership. Moreover, according to statistics, 55% of the world's population currently lives in cities, and estimations suggest that by 2050, roughly 68% of the population will be living in cities. The rapid pace of urbanization is already leading to traffic congestion. The mobility as a service (MaaS) concept may be a better choice for reducing traffic congestion by making greater use of existing public and private transportation infrastructure. The urgent demand for effective solutions to handle traffic in smart cities in a faster, less expensive, and more convenient manner is expected to fuel MaaS market growth by 2028. Therefore, the increasing trend of mobility as a Service (MaaS) is expected to fuel the growth of the global smart commute market.
Type-Based Smart Commute Market Insights
Based on type, the smart commute market is segmented into carpooling, vanpooling, bike pooling, metro, and others. The carpooling segment is anticipated to hold a significant share in the global smart commute market, and it is expected to grow at the highest CAGR. The smart commute is defined as regularly traveling from one point to another via carpooling, vanpooling, biking, bicyclists, or taking the metro.
Solution-Based Smart Commute Market Insights
Based on solution, the smart commute market is segmented into mobile apps, parking management, traffic management, and others. The mobile apps segment is anticipated to hold a significant share in the global smart commute market, and it is expected to grow at the highest CAGR. There is a growing usage of mobile applications in automobile travel mode to reduce travel time, cost, and vehicle emissions.
End User-Based Smart Commute Market Insights
Based on end user, the smart commute market is bifurcated into personal and enterprises. The enterprises segment is anticipated to hold a significant share in the global smart commute market, and it is expected to grow at a higher CAGR.
Smart Commute Market Report Scope
Players operating in the smart commute market are mainly focused on the development of advanced and efficient products.
- In January 2022, Tummoc, a multi-modal mobility firm, intends to expand operations to ten other cities by 2022, including Delhi and Mumbai.
- In April 2021, A city-based mobility firm has built an app platform that integrates routes with prices for the first time, combining the bus, metro, Uber, Yulu, and other last-mile choices.
Company Profiled
:
- BlaBlaCar
- CommuteSmart
- Enterprise Holdings Inc
- ePoolers Technologies Pvt. Ltd
- Golden Concord Holdings Limited
- Oakland Smart Commute
- Quick Ride
- Transhelp Technologies Pvt Ltd
- Uber Technologies Inc.
- Smart Commute
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Solution, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Based on type, the global Smart Commute market is segmented into carpooling, van pooling, bike pooling, metro, and others. The Smart Commute market was dominated by the carpooling segment in 2020.
North America dominated the Smart Commute market in 2020 with a share of 43.9%. Asia Pacific is expected to grow at a fastest CAGR accounting for 40.0% share by 2028, followed by Europe.
The major companies in Smart Commute market are Enterprise Holdings, Inc.; BlaBlaCar; CommuteSmart; ePoolers Technologies Pvt. Ltd.; Smart Commute; Oakland Smart Commute; Quick Ride; Tummoc (Transhelp Technologies Pvt. Ltd.); Uber Technologies, Inc.; and GCL Smart Commute Co., Ltd.
The major end user in Smart Commute includes personal, and enterprises. In terms of market share, the market was dominated by the enterprises segment in 2020.
IoT devices can be used to make daily commutes more enjoyable. These technologies also help reduce overall transport costs while being environmentally beneficial. The best IoT option for the last-mile journey could be connected bicycles. Citizens have already begun to benefit from combined bike-sharing possibilities provided by market players. Users may keep track of bike availability, usage, and trip details. The only stumbling block for linked bike-sharing programs is integrating them into today's traffic. Governments must ensure that designated bike lanes exist to maintain a smooth traffic flow. In some areas, connected electric scooters are also available for rent. Some firms even offer complimentary helmets to electric scooter riders for a minimal shipping fee. By providing alternate commute options, these businesses contribute to a better future for our world. Apps for taxi commuting are already widespread among today's youth. Rather than driving their car, many commuters use taxi services such as Uber and Lyft. This is a more cost-effective and environmentally responsible solution than single-user rides. These businesses have access to a wealth of data that may be monitored and studied to improve cab-sharing services. Unlike most public transit, they can function similarly to public transportation, but they can provide a comprehensive commute option.
The key element driving the expansion of smart commutes is a rapid increase in the adoption of carpool and bike pool services among regular office commuters. Prominent market players such as Uber and Ola offer convenient pick-up and drop-off services, attracting consumers to use ride-sharing services. Furthermore, services such as short-distance travel, intercity ride-sharing, bus-sharing, bike-sharing, and auto-sharing are available, which stimulates the expansion of smart commute demand. Many prominent Indian corporations proactively push employees to use carpool and bike pool services. Organizations with large workforces, such as Infosys, Capgemini, Cognizant, HCL, Amazon, Flipkart, Siemens, L&T, Biocon, and HDFC Bank, as well as several smaller businesses, are launching awareness campaigns and digital platforms to help employees better plan their commutes. Moreover, organizations are rewarding top carpoolers to keep employees engaged and motivated to reduce carbon emissions and traffic jams across cities. New York, Seoul, and Shanghai are among the top 10 cities with the highest carbon footprint. Governments and businesses are encouraging carpooling to commute in cities to reduce emissions. Countries have established specific targets for reducing carbon footprints by 2030 as part of the Paris climate agreement. In Delhi, India, the government implemented an odd-even strategy to control traffic density and reduce carbon emissions in the city.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Smart Commute Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia-Pacific – PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South America – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Smart Commute Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Carpool and Bike Pool Services
5.1.2 Rising Smart Commute Programs
5.2 Market Restraints
5.2.1 Dynamic Pricing and Accessibility Concerns
5.3 Market Opportunities
5.3.1 Adoption of Connected Last Mile Commute with IoT
5.4 Future Trends
5.4.1 Increasing Trend of Mobility-as-a-Service
5.5 Impact Analysis of Drivers and Restraints
6. Smart Commute Market – Global Analysis
6.1 Smart Commute Market Global Overview
6.2 Smart Commute Market – Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Smart Commute Market Analysis – By Type
7.1 Overview
7.2 Smart Commute Market Breakdown, By Type (2020 and 2028)
7.3 Carpooling
7.3.1 Overview
7.3.2 Carpooling: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.4 Van Pooling
7.4.1 Overview
7.4.2 Van Pooling: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.5 Bike Pooling
7.5.1 Overview
7.5.2 Bike Pooling: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.6 Metro
7.6.1 Overview
7.6.2 Metro: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
8. Smart Commute Market Analysis – By Solution
8.1 Overview
8.2 Smart Commute Market Breakdown, By Solution (2020 and 2028)
8.3 Mobile Apps
8.3.1 Overview
8.3.2 Mobile Apps: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
8.4 Parking Management
8.4.1 Overview
8.4.2 Parking Management: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Traffic Management
8.5.1 Overview
8.5.2 Traffic Management: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
9. Smart Commute Market Analysis – By End User
9.1 Overview
9.2 Smart Commute Market Breakdown, By End User (2020 and 2028)
9.3 Personal
9.3.1 Overview
9.3.2 Personal: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
9.4 Enterprises
9.4.1 Overview
9.4.2 Enterprises: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10. Smart Commute Market – Geographic Analysis
10.1 Overview
10.2 North America: Smart Commute Market
10.2.1 North America: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Smart Commute Market- by Type
10.2.3 North America: Smart Commute Market- By Solution
10.2.4 North America: Smart Commute Market- By End User
10.2.5 North America: Smart Commute Market- by Key Country
10.2.5.1 US: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Smart Commute Market- by Type
10.2.5.1.2 US: Smart Commute Market- By Solution
10.2.5.1.3 US: Smart Commute Market- By End User
10.2.5.2 Canada: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Smart Commute Market- by Type
10.2.5.2.2 Canada: Smart Commute Market- By Solution
10.2.5.2.3 Canada: Smart Commute Market- By End User
10.2.5.3 Mexico: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Smart Commute Market- by Type
10.2.5.3.2 Mexico: Smart Commute Market- By Solution
10.2.5.3.3 Mexico: Smart Commute Market- By End User
10.3 Europe: Smart Commute Market
10.3.1 Europe: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Smart Commute Market- by Type
10.3.3 Europe: Smart Commute Market- By Solution
10.3.4 Europe: Smart Commute Market- By End User
10.3.5 Europe: Smart Commute Market- by Key Country
10.3.5.1 Germany: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Smart Commute Market- by Type
10.3.5.1.2 Germany: Smart Commute Market- By Solution
10.3.5.1.3 Germany: Smart Commute Market- By End User
10.3.5.2 France: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Smart Commute Market- by Type
10.3.5.2.2 France: Smart Commute Market- By Solution
10.3.5.2.3 France: Smart Commute Market- By End User
10.3.5.3 Italy: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Smart Commute Market- by Type
10.3.5.3.2 Italy: Smart Commute Market- By Solution
10.3.5.3.3 Italy: Smart Commute Market- By End User
10.3.5.4 UK: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Smart Commute Market- by Type
10.3.5.4.2 UK: Smart Commute Market- By Solution
10.3.5.4.3 UK: Smart Commute Market- By End User
10.3.5.5 Russia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Smart Commute Market- by Type
10.3.5.5.2 Russia: Smart Commute Market- By Solution
10.3.5.5.3 Russia: Smart Commute Market- By End User
10.3.5.6 Rest of Europe: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Smart Commute Market- by Type
10.3.5.6.2 Rest of Europe: Smart Commute Market- By Solution
10.3.5.6.3 Rest of Europe: Smart Commute Market- By End User
10.4 APAC: Smart Commute Market
10.4.1 APAC: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Smart Commute Market- by Type
10.4.3 APAC: Smart Commute Market- By Solution
10.4.4 APAC: Smart Commute Market- By End User
10.4.5 APAC: Smart Commute Market- by Key Country
10.4.5.1 Australia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Smart Commute Market- by Type
10.4.5.1.2 Australia: Smart Commute Market- By Solution
10.4.5.1.3 Australia: Smart Commute Market- By End User
10.4.5.2 China: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Smart Commute Market- by Type
10.4.5.2.2 China: Smart Commute Market- By Solution
10.4.5.2.3 China: Smart Commute Market- By End User
10.4.5.3 India: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Smart Commute Market- by Type
10.4.5.3.2 India: Smart Commute Market- By Solution
10.4.5.3.3 India: Smart Commute Market- By End User
10.4.5.4 Japan: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Smart Commute Market- by Type
10.4.5.4.2 Japan: Smart Commute Market- By Solution
10.4.5.4.3 Japan: Smart Commute Market- By End User
10.4.5.5 South Korea: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Smart Commute Market- by Type
10.4.5.5.2 South Korea: Smart Commute Market- By Solution
10.4.5.5.3 South Korea: Smart Commute Market- By End User
10.4.5.6 Rest of APAC: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Smart Commute Market- by Type
10.4.5.6.2 Rest of APAC: Smart Commute Market- By Solution
10.4.5.6.3 Rest of APAC: Smart Commute Market- By End User
10.5 MEA: Smart Commute Market
10.5.1 MEA: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Smart Commute Market- by Type
10.5.3 MEA: Smart Commute Market- By Solution
10.5.4 MEA: Smart Commute Market- By End User
10.5.5 MEA: Smart Commute Market- by Key Country
10.5.5.1 South Africa: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Smart Commute Market- by Type
10.5.5.1.2 South Africa: Smart Commute Market- By Solution
10.5.5.1.3 South Africa: Smart Commute Market- By End User
10.5.5.2 Saudi Arabia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Smart Commute Market- by Type
10.5.5.2.2 Saudi Arabia: Smart Commute Market- By Solution
10.5.5.2.3 Saudi Arabia: Smart Commute Market- By End User
10.5.5.3 UAE: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Smart Commute Market- by Type
10.5.5.3.2 UAE: Smart Commute Market- By Solution
10.5.5.3.3 UAE: Smart Commute Market- By End User
10.5.5.4 Rest of MEA: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Smart Commute Market- by Type
10.5.5.4.2 Rest of MEA: Smart Commute Market- By Solution
10.5.5.4.3 Rest of MEA: Smart Commute Market- By End User
10.6 SAM: Smart Commute Market
10.6.1 SAM: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Smart Commute Market- by Type
10.6.3 SAM: Smart Commute Market- By Solution
10.6.4 SAM: Smart Commute Market- By End User
10.6.5 SAM: Smart Commute Market- by Key Country
10.6.5.1 Brazil: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Smart Commute Market- by Type
10.6.5.1.2 Brazil: Smart Commute Market- By Solution
10.6.5.1.3 Brazil: Smart Commute Market- By End User
10.6.5.2 Argentina: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Smart Commute Market- by Type
10.6.5.2.2 Argentina: Smart Commute Market- By Solution
10.6.5.2.3 Argentina: Smart Commute Market- By End User
10.6.5.3 Rest of SAM: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of SAM: Smart Commute Market- by Type
10.6.5.3.2 Rest of SAM: Smart Commute Market- By Solution
10.6.5.3.3 Rest of SAM: Smart Commute Market- By End User
11. Impact of COVID-19 Pandemic on Global Smart Commute Market
11.1 Overview
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 MEA: Impact Assessment of COVID-19 Pandemic
11.1.5 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 BlaBlaCar
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CommuteSmart
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Enterprise Holdings Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 ePoolers Technologies Pvt. Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Golden Concord Holdings Limited.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Oakland Smart Commute
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Quick Ride
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Transhelp Technologies Pvt Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Uber Technologies Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Smart Commute
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Smart Commute Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. North America: Smart Commute Market- by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Smart Commute Market- By Solution – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Smart Commute Market- By End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Smart Commute Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 6. US: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Smart Commute Market- by Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Smart Commute Market- By Solution – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Smart Commute Market- By End User – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Smart Commute Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 19. Germany: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 22. France: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 23. France: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 24. France: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 29. UK: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 30. UK: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: Smart Commute Market- by Type – Revenue and Forecast to 2028 (US$ Million)
Table 38. APAC: Smart Commute Market- By Solution – Revenue and Forecast to 2028 (US$ Million)
Table 39. APAC: Smart Commute Market- By End User – Revenue and Forecast to 2028 (US$ Million)
Table 40. APAC Smart Commute Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 41. Australia: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 44. China: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 45. China: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 46. China: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 47. India: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 48. India: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 49. India: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of APAC: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of APAC: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of APAC: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 59. MEA: Smart Commute Market- by Type– Revenue and Forecast to 2028 (US$ Million)
Table 60. MEA: Smart Commute Market- By Solution – Revenue and Forecast to 2028 (US$ Million)
Table 61. MEA: Smart Commute Market- By End User – Revenue and Forecast to 2028 (US$ Million)
Table 62. MEA Smart Commute Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 63. South Africa: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 65. South Africa: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 68. Saudi Arabia: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 71. UAE: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of MEA: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of MEA: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 75. SAM: Smart Commute Market- by Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. SAM: Smart Commute Market- By Solution – Revenue and Forecast to 2028 (US$ Million)
Table 77. SAM: Smart Commute Market- By End User – Revenue and Forecast to 2028 (US$ Million)
Table 78. SAM Smart Commute Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 79. Brazil: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 80. Brazil: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 81. Brazil: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina: Smart Commute Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 83. Argentina: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 84. Argentina: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of SAM: Smart Commute Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 86. Rest of SAM: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 87. Rest of SAM: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 88. List of Abbreviation
LIST OF FIGURES
Figure 1. Smart Commute Market Segmentation
Figure 2. Smart Commute Market Segmentation – By Geography
Figure 3. Global Smart Commute Market Overview
Figure 4. Carpooling Type Smart Commute Segment Held the Largest Market Share in 2020
Figure 5. Mobile Apps Segment Held the Largest Market Share in 2020
Figure 6. End User Segment Held the Largest Market Share in 2020
Figure 7. North America was the Largest Revenue Contributor in 2020
Figure 8. North America – PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia-Pacific – PEST Analysis
Figure 11. Middle East and Africa – PEST Analysis
Figure 12. South America – PEST Analysis
Figure 13. Smart Commute Market– Ecosystem Analysis
Figure 14. Expert Opinions
Figure 15. Smart Commute Market: Impact Analysis of Drivers and Restraints
Figure 16. Geographic Overview of Smart Commute Market
Figure 17. Global Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Smart Commute Market Breakdown, By Type (2020 and 2028)
Figure 19. Carpooling: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Van Pooling: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Bike Pooling: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Metro: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Smart Commute Market Breakdown, By Solution (2020 and 2028)
Figure 25. Mobile Apps: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Parking Management: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Traffic Management: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Others: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Smart Commute Market Breakdown, By End User (2020 and 2028)
Figure 30. Personal: Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Enterprises: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Smart Commute Market Revenue Share, By Region (2020 and 2028)
Figure 33. North America: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America: Smart Commute Market Revenue Share, by Type (2020 and 2028)
Figure 35. North America: Smart Commute Market Revenue Share, By Solution (2020 and 2028)
Figure 36. North America: Smart Commute Market Revenue Share, By End User (2020 and 2028)
Figure 37. North America: Smart Commute Market Revenue Share, by Key Country (2020 and 2028)
Figure 38. US: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Canada: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Mexico: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Europe: Smart Commute Market Revenue Share, By Type (2020 and 2028)
Figure 43. Europe: Smart Commute Market Revenue Share, By Solution (2020 and 2028)
Figure 44. Europe: Smart Commute Market Revenue Share, By End User (2020 and 2028)
Figure 45. Europe: Smart Commute Market Revenue Share, By Key Country (2020 and 2028)
Figure 46. Germany: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. France: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Italy: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. UK: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Russia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Rest of Europe: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. APAC: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. APAC: Smart Commute Market Revenue Share, By Type (2020 and 2028)
Figure 54. APAC: Smart Commute Market Revenue Share, By Solution (2020 and 2028)
Figure 55. APAC: Smart Commute Market Revenue Share, By End User (2020 and 2028)
Figure 56. APAC: Smart Commute Market Revenue Share, By Key Country (2020 and 2028)
Figure 57. Australia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. China: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. India: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Japan: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. South Korea: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. Rest of APAC: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. MEA: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. MEA: Smart Commute Market Revenue Share, By Type (2020 and 2028)
Figure 65. MEA: Smart Commute Market Revenue Share, By Solution (2020 and 2028)
Figure 66. MEA: Smart Commute Market Revenue Share, By End User (2020 and 2028)
Figure 67. MEA: Smart Commute Market Revenue Share, By Key Country (2020 and 2028)
Figure 68. South Africa: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Saudi Arabia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. UAE: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. Rest of MEA: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 72. SAM: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 73. SAM: Smart Commute Market Revenue Share, By Type (2020 and 2028)
Figure 74. SAM: Smart Commute Market Revenue Share, By Solution (2020 and 2028)
Figure 75. SAM: Smart Commute Market Revenue Share, By End User (2020 and 2028)
Figure 76. SAM: Smart Commute Market Revenue Share, By Key Country (2020 and 2028)
Figure 77. Brazil: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. Argentina: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. Rest of SAM: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 80. Impact of COVID-19 Pandemic in North American Country Markets
Figure 81. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 82. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 83. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 84. Impact of COVID-19 Pandemic in SAM Country Markets
The List of Companies - Smart Commute Market
- BlaBlaCar
- CommuteSmart
- Enterprise Holdings Inc
- ePoolers Technologies Pvt. Ltd
- Golden Concord Holdings Limited
- Oakland Smart Commute
- Quick Ride
- Transhelp Technologies Pvt Ltd
- Uber Technologies Inc.
- Smart Commute
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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