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Middle East & Africa 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 :  BMIRE00025583
No. of Pages :  83
Published Month :  Aug 2022
Category :  Automotive and Transportation
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The smart commute market in Middle East & Africa is expected to grow from US$ 893.23 million in 2021 to US$ 1,731.37 million by 2028; it is estimated to grow at a CAGR of 9.9% from 2021 to 2028.

 

People who are unable to purchase a car can experience seamless travel through mobility services. Mobility-as-a-service (MaaS) 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 environmental-friendly alternative to private automobile ownership. The rapid pace of urbanization has been leading to traffic congestion. The MaaS concept can be a better choice for reducing traffic congestion by using existing public and private transportation infrastructure. The urgent need for effective solutions to handle traffic in smart cities in a faster, less expensive, and more convenient manner is expected to fuel the MaaS market growth by 2028. Therefore, the increasing trend of MaaS is expected to fuel the growth of the smart commute market.

 

Middle East & Africa Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

 

 

Middle East & Africa Smart Commute Market Segmentation  

 

The Middle East & Africa 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 Middle East & Africa smart commute market. Similarly, based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Further, Saudi Arabia contributed a substantial share in 2020.

 

BlaBlaCar, Enterprise Holdings Inc, Golden Concord Holdings Limited., and Uber Technologies Inc are among the leading companies operating in the Middle East & Africa smart commute market.

  1. BlaBlaCar
  2. Enterprise Holdings Inc
  3. Golden Concord Holdings Limited.
  4. Uber Technologies Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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