The smart commute market in Europe is expected to grow from US$ 5,605.66 million in 2021 to US$ 15,798.79 million by 2028; it is estimated to grow at a CAGR of 16.0% 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. COMMUTE (Collaborative Mobility Management for Urban Traffic and Emissions Reduction), an EU-funded project in France, decreases traffic congestion near the Toulouse-Blagnac airport while improving the quality of life for residents and workers by reducing stress, encouraging sharing,. The project has a total investment of US$ 5,714,450.79, with US$ 4,571,099.25 from the EU's European Regional Development Fund through the Urban Innovative Actions Initiative for the 2014-2020 programming period. Smart Commute's mandate included testing new approaches to encourage commuters to leave their cars at home and carefully monitoring 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., Smart Commute, and Uber Technologies Inc are among the leading companies in the Europe 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. COMMUTE (Collaborative Mobility Management for Urban Traffic and Emissions Reduction), an EU-funded project in France, decreases traffic congestion near the Toulouse-Blagnac airport while improving the quality of life for residents and workers by reducing stress, encouraging sharing,. The project has a total investment of US$ 5,714,450.79, with US$ 4,571,099.25 from the EU's European Regional Development Fund through the Urban Innovative Actions Initiative for the 2014-2020 programming period. Smart Commute's mandate included testing new approaches to encourage commuters to leave their cars at home and carefully monitoring the results. Thus, the rising number of smart commute programs is driving the smart commute market growth.
Europe Smart Commute Market Segmentation
The Europe 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 Europe smart commute market. Similarly, based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Further, Germany contributed a substantial share in 2020.BlaBlaCar, CommuteSmart, Enterprise Holdings Inc, Golden Concord Holdings Limited., Smart Commute, and Uber Technologies Inc are among the leading companies in the Europe smart commute market.
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Smart Commute Market Landscape
5. Europe Smart Commute Market - Key Market Dynamics
6. Smart Commute Market - Europe Analysis
7. Europe Smart Commute Market Analysis - By Type
8. Europe Smart Commute Market Analysis - By Solution
9. Europe Smart Commute Market Analysis - By End User
10. Europe 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.
- Smart Commute
- Uber Technologies Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 101 |
Published | August 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 5605.66 Million |
Forecasted Market Value ( USD | $ 15798.79 Million |
Compound Annual Growth Rate | 16.0% |
Regions Covered | Europe |
No. of Companies Mentioned | 6 |