Asia Pacific Smart Commute Market Forecast to 2028

Report Code : BMIRE00025579 | Region : Asia Pacific | Industry : Automotive and Transportation | Published Date : 10/Aug/2022
Asia Pacific 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)

The smart commute market in Asia Pacific is expected to grow from US$ 10,061.15 million in 2021 to US$ 34,627.49 million by 2028; it is estimated to grow at a CAGR of 19.3% from 2021 to 2028

The major element driving the growth of the smart commute market is a rapid increase in the adoption of carpool and bike pool services among regular office commuters. Leading market players such as Uber and Ola offer convenient pick-up and drop-off services, thus 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, stimulating the demand for smart commutes. Several major 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, and several smaller businesses, are launching awareness campaigns and digital platforms to help employees better plan their commutes. Several countries in Asia Pacific have established specific targets for reducing carbon footprints by 2030 as part of the Paris climate agreement. Further, in Delhi, India, the government implemented an odd-even strategy to control traffic density and reduce carbon emissions in the city. Moreover, carpooling and bike pooling services offer various advantages such as affordable pick-up and drop-off, co-passenger information, affordable rides, and greater convenience than traditional transportation services. Further, many service providers offer incentives and discounts, including a monthly pass on shared transport to help daily commuters save money. Hence, the rise in demand for carpool and bike pool services is propelling the smart commute market.

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

Asia Pacific Smart Commute Market Segmentation

The Asia Pacific 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 Asia Pacific smart commute market. Similarly, based on country, the market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Further, China contributed a substantial share in 2020.

BlaBlaCar, Enterprise Holdings Inc, ePoolers Technologies Pvt. Ltd., Golden Concord Holdings Limited., Quick Ride, Transhelp Technologies Pvt Ltd, and Uber Technologies Inc are among the leading companies operating in the Asia Pacific smart commute market.

The List of Companies - Asia Pacific Smart Commute Market

● BlaBlaCar

● Enterprise Holdings Inc

● ePoolers Technologies Pvt. Ltd.

● Golden Concord Holdings Limited.

● Quick Ride

● Transhelp Technologies Pvt Ltd

● Uber Technologies Inc

TABLE OF CONTENTS

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. APAC Smart Commute Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 APAC – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. APAC Smart Commute Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surge in 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 – APAC Analysis

6.1 APAC Smart Commute Market Overview

6.2 APAC Smart Commute Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Smart Commute Market Analysis – By Type

7.1 Overview

7.2 APAC Smart Commute Market Breakdown, By Type (2020 and 2028)

7.3 Carpooling

7.3.1 Overview

7.3.2 Carpooling: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

7.4 Van Pooling

7.4.1 Overview

7.4.2 Van Pooling: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

7.5 Bike Pooling

7.5.1 Overview

7.5.2 Bike Pooling: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

7.6 Metro

7.6.1 Overview

7.6.2 Metro: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

8. APAC Smart Commute Market Analysis – By Solution

8.1 Overview

8.2 APAC Smart Commute Market Breakdown, By Solution (2020 and 2028)

8.3 Mobile Apps

8.3.1 Overview

8.3.2 Mobile Apps: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

8.4 Parking Management

8.4.1 Overview

8.4.2 Parking Management: APAC Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Traffic Management

8.5.1 Overview

8.5.2 Traffic Management: APAC Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Smart Commute Market Analysis – By End User

9.1 Overview

9.2 APAC Smart Commute Market Breakdown, By End User (2020 and 2028)

9.3 Personal

9.3.1 Overview

9.3.2 Personal: APAC Smart Commute Market Revenue and Forecast to 2028 (US$ Million)

9.4 Enterprises

9.4.1 Overview

9.4.2 Enterprises: APAC Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Smart Commute Market – Country Analysis

10.1 Overview

10.1.1 APAC: Smart Commute Market- by Key Country

10.1.1.1 Australia: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Australia: Smart Commute Market- By Type

10.1.1.1.2 Australia: Smart Commute Market- By Solution

10.1.1.1.3 Australia: Smart Commute Market- By End User

10.1.1.2 China: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 China: Smart Commute Market- By Type

10.1.1.2.2 China: Smart Commute Market- By Solution

10.1.1.2.3 China: Smart Commute Market- By End User

10.1.1.3 India: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 India: Smart Commute Market- By Type

10.1.1.3.2 India: Smart Commute Market- By Solution

10.1.1.3.3 India: Smart Commute Market- By End User

10.1.1.4 Japan: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Japan: Smart Commute Market- By Type

10.1.1.4.2 Japan: Smart Commute Market- By Solution

10.1.1.4.3 Japan: Smart Commute Market- By End User

10.1.1.5 South Korea: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 South Korea: Smart Commute Market- By Type

10.1.1.5.2 South Korea: Smart Commute Market- By Solution

10.1.1.5.3 South Korea: Smart Commute Market- By End User

10.1.1.6 Rest of APAC: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Smart Commute Market- By Type

10.1.1.6.2 Rest of APAC: Smart Commute Market- By Solution

10.1.1.6.3 Rest of APAC: Smart Commute Market- By End User

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

12. Company Profiles

12.1 BlaBlaCar

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Enterprise Holdings Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 ePoolers Technologies Pvt. Ltd.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Golden Concord Holdings Limited.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Quick Ride

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Transhelp Technologies Pvt Ltd

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Uber Technologies Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES .

Table 1. APAC Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC Smart Commute Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 3. Australia: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 4. Australia: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)

Table 5. Australia: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)

Table 6. China: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 7. China: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)

Table 8. China: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)

Table 9. India: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 10. India: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)

Table 11. India: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)

Table 12. Japan: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 13. Japan: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)

Table 14. Japan: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)

Table 15. South Korea: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 16. South Korea: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)

Table 17. South Korea: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of APAC: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of APAC: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of APAC: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)

Table 21. List of Abbreviation

The List of Companies - Asia Pacific Smart Commute Market

● BlaBlaCar

● Enterprise Holdings Inc

● ePoolers Technologies Pvt. Ltd.

● Golden Concord Holdings Limited.

● Quick Ride

● Transhelp Technologies Pvt Ltd

● Uber Technologies Inc

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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

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