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Europe Smart Commute Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Carpooling, Van Pooling, Bike Pooling, Metro, and Others), Solution (Mobile Apps, Parking Management, Traffic Management, and Others), and End User (Personal and Enterprises) 

Report Code :  BMIRE00025581
No. of Pages :  101
Published Month :  Aug 2022
Category :  Automotive and Transportation
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The smart commute market in Europe is expected to grow from US$ 5,605.66 million in 2021 to US$ 15,798.79 million by 2028; it is estimated to grow at a CAGR of 16.0% from 2021 to 2028

 

A rising number of regional and organizational commuter programs are using the term "smart commute" to describe modes of transportation that qualify for awards or contribute to sustainability goals. COMMUTE (Collaborative Mobility Management for Urban Traffic and Emissions Reduction), an EU-funded project in France, decreases traffic congestion near the Toulouse-Blagnac airport while improving the quality of life for residents and workers by reducing stress, encouraging sharing,. The project has a total investment of US$ 5,714,450.79, with US$ 4,571,099.25 from the EU's European Regional Development Fund through the Urban Innovative Actions Initiative for the 2014-2020 programming period. Smart Commute's mandate included testing new approaches to encourage commuters to leave their cars at home and carefully monitoring the results. Thus, the rising number of smart commute programs is driving the smart commute market growth.

 

 Europe Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

 

Europe Smart Commute Market Segmentation

 

The Europe smart commute market is segmented into type, solution, end user, and country. Based on type, the market is segmented into carpooling, vanpooling, bike pooling, metro, and others. In 2020, the carpooling segment held the largest market share. Based on solution, the market is categorized into mobile apps, parking management, traffic management, and others. In 2020, the mobile apps segment held the largest market share. Based on end user, the market is bifurcated into personal and enterprises. In 2020, the enterprises segment held the largest share Europe smart commute market. Similarly, based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Further, Germany contributed a substantial share in 2020.

 

BlaBlaCar, CommuteSmart, Enterprise Holdings Inc, Golden Concord Holdings Limited., Smart Commute, and Uber Technologies Inc are among the leading companies in the Europe smart commute market.

  1. BlaBlaCar
  2. CommuteSmart
  3. Enterprise Holdings Inc
  4. Golden Concord Holdings Limited.
  5. Smart Commute
  6. Uber Technologies Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Smart Commute Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Smart Commute Market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Smart Commute Market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution