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
