The smart commute market in South America is expected to grow from US$ 738.71 million in 2021 to US$ 1,030.17 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028
Internet of Things (IoT) devices can be used to make daily commutes more enjoyable. Such 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 begun to benefit from combined bike-sharing possibilities provided by several market players. Further, users can keep track of bike availability, usage, and trip details. The only factor hampering the growth of linked bike-sharing programs is integrating them into the recent traffic. Governments of South American countries must ensure that designated bike lanes exist to maintain a smooth traffic flow. In a few areas, connected electric scooters are also available for rent. A few firms offer complimentary helmets to electric scooter riders for a minimal shipping fee. By providing alternate commute options, these businesses contribute to a better future. Apps for taxi commuting are widespread among the youth. Rather than driving their cars, 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 can access 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 provide a comprehensive commute option. Thus, the adoption of connected last-mile commute with IoT is anticipated to create significant growth opportunities in the smart commute market in the coming years.
South America Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
South America Smart Commute Market Segmentation
The South America 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 South America smart commute market. Similarly, based on country, the market is segmented into Brazil, Argentina, and the Rest of South America. Further, Brazil 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 South America smart commute market.
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. SAM Smart Commute Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. SAM Smart Commute Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Carpool and Bike Pool Services
5.1.2 Increasing 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 – SAM Analysis
6.1 SAM Smart Commute Market Overview
6.2 SAM Smart Commute Market –Revenue and Forecast to 2028 (US$ Million)
7. SAM Smart Commute Market Analysis – By Type
7.1 Overview
7.2 SAM Smart Commute Market Breakdown, By Type (2020 and 2028)
7.3 Carpooling
7.3.1 Overview
7.3.2 Carpooling: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.4 Van Pooling
7.4.1 Overview
7.4.2 Van Pooling: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.5 Bike Pooling
7.5.1 Overview
7.5.2 Bike Pooling: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.6 Metro
7.6.1 Overview
7.6.2 Metro: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
8. SAM Smart Commute Market Analysis – By Solution
8.1 Overview
8.2 SAM Smart Commute Market Breakdown, By Solution (2020 and 2028)
8.3 Mobile Apps
8.3.1 Overview
8.3.2 Mobile Apps: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
8.4 Parking Management
8.4.1 Overview
8.4.2 Parking Management: SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Traffic Management
8.5.1 Overview
8.5.2 Traffic Management: SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
9. SAM Smart Commute Market Analysis – By End User
9.1 Overview
9.2 SAM Smart Commute Market Breakdown, By End User (2020 and 2028)
9.3 Personal
9.3.1 Overview
9.3.2 Personal: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
9.4 Enterprises
9.4.1 Overview
9.4.2 Enterprises: SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Smart Commute Market – Country Analysis
10.1 Overview
10.1.1 SAM: Smart Commute Market- by Key Country
10.1.1.1 Brazil: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Smart Commute Market- By Type
10.1.1.1.2 Brazil: Smart Commute Market- By Solution
10.1.1.1.3 Brazil: Smart Commute Market- By End User
10.1.1.2 Argentina: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Smart Commute Market- By Type
10.1.1.2.2 Argentina: Smart Commute Market- By Solution
10.1.1.2.3 Argentina: Smart Commute Market- By End User
10.1.1.3 Rest of SAM: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Smart Commute Market- By Type
10.1.1.3.2 Rest of SAM: Smart Commute Market- By Solution
10.1.1.3.3 Rest of SAM: 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 Golden Concord Holdings Limited.
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 Uber Technologies Inc.
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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES.
Table 1. SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM Smart Commute Market, Revenue and Forecast to 2028 – By Country (US$ million)
Table 3. Brazil: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Smart Commute Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Smart Commute Market- By Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Smart Commute Market- By Solution –Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: Smart Commute Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES.
Figure 1. SAM Smart Commute Market Segmentation
Figure 2. SAM Smart Commute Market Segmentation – By Country
Figure 3. SAM Smart Commute Market Overview
Figure 4. Carpooling 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. Brazil was the Largest Revenue Contributor in 2020
Figure 8. SAM – PEST Analysis
Figure 9. SAM Smart Commute Market– Ecosystem Analysis
Figure 10. Expert Opinions
Figure 11. SAM Smart Commute Market: Impact Analysis of Drivers and Restraints
Figure 12. SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Smart Commute Market Breakdown, By Type (2020 and 2028)
Figure 14. Carpooling: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Van Pooling: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Bike Pooling: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Metro: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM Smart Commute Market Breakdown, By Solution (2020 and 2028)
Figure 20. Mobile Apps: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Parking Management: SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Traffic Management: SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Smart Commute Market Breakdown, By End User (2020 and 2028)
Figure 25. Personal: SAM Smart Commute Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Enterprises: SAM Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. SAM: Smart Commute Market, by key Country – Revenue (2020) (US$ Million)
Figure 28. SAM: Smart Commute Market Revenue Share, By Key Country (2020 and 2028)
Figure 29. Brazil: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Argentina: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of SAM: Smart Commute Market – Revenue and Forecast to 2028 (US$ Million)
The List of Companies - South America Smart Commute Market
● BlaBlaCar
● Enterprise Holdings Inc
● Golden Concord Holdings Limited.
● Uber Technologies Inc
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America 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 South America 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 South America 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
