The smart commute market in North America is expected to grow from US$ 13,170.74 million in 2021 to US$ 33,380.90 million by 2028; it is estimated to grow at a CAGR of 14.2% 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. For instance, Westchester's Smart Commute program was created by the Westchester County Department of Public Works and Transportation to inform employers, building owners and managers, and their employees and tenants about various strategies to increase the use of transit and other alternatives to help reduce drive-alone commuting. Moreover, The Smart Commute Initiative was created to highlight Canada's efforts to minimize traffic congestion and greenhouse gas emissions. This was accomplished by encouraging commuters to use carpooling, public transportation, cycling, and telework - a strategy known as transportation demand management (TDM). Smart Commute's mandate included testing new approaches to encourage commuters to leave their cars at home and carefully monitor the results. Thus, the rising number of smart commute programs is driving the smart commute market growth.
BlaBlaCar, CommuteSmart, Enterprise Holdings Inc, Golden Concord Holdings Limited., Oakland Smart Commute, Smart Commute, and Uber Technologies Inc are among the leading companies operating in the North America smart commute market .
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. For instance, Westchester's Smart Commute program was created by the Westchester County Department of Public Works and Transportation to inform employers, building owners and managers, and their employees and tenants about various strategies to increase the use of transit and other alternatives to help reduce drive-alone commuting. Moreover, The Smart Commute Initiative was created to highlight Canada's efforts to minimize traffic congestion and greenhouse gas emissions. This was accomplished by encouraging commuters to use carpooling, public transportation, cycling, and telework - a strategy known as transportation demand management (TDM). Smart Commute's mandate included testing new approaches to encourage commuters to leave their cars at home and carefully monitor the results. Thus, the rising number of smart commute programs is driving the smart commute market growth.
North America Smart Commute Market Segmentation
The North 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 a larger market share. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. Further, the US contributed a substantial share in 2020.BlaBlaCar, CommuteSmart, Enterprise Holdings Inc, Golden Concord Holdings Limited., Oakland Smart Commute, Smart Commute, and Uber Technologies Inc are among the leading companies operating in the North America smart commute market .
Table of Contents
1. Introduction
3. Research Methodology
4. North America Smart Commute Market Landscape
5. North America Smart Commute Market - Key Market Dynamics
6. Smart Commute Market - North America Analysis
7. North America Smart Commute Market Analysis - By Type
8. North America Smart Commute Market Analysis - By Solution
9. North America Smart Commute Market Analysis - By End User
10. North America Smart Commute Market - Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Figures
List of Tables
Companies Mentioned
- BlaBlaCar
- CommuteSmart
- Enterprise Holdings Inc
- Golden Concord Holdings Limited.
- Oakland Smart Commute
- Smart Commute
- Uber Technologies Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 13170.74 Million |
| Forecasted Market Value ( USD | $ 33380.9 Million |
| Compound Annual Growth Rate | 14.2% |
| Regions Covered | North America |
| No. of Companies Mentioned | 7 |
