About Corporate Employee Transportation Service
Corporate employee transportation is the service of offering surface travel to corporate executives and managerial staff. This generally means that the travel is organized by an employee transportation service or a more specialized livery service company. Employees enjoy a safe and comfortable ride. Such services alleviate the daily struggle to get to the office. It is largely determined by the company with which the employer is dealing, as well as the terms and conditions of service and how they are handled. Most businesses use shuttle services to provide employee mobility solutions. These are buses owned by the company for the benefit of its employees. Employee shuttle services allow employees to use company vehicles to commute to work every day. Corporate travel services assist businesses by organizing employee travel arrangements. The company can expect corporate transportation, local services, lodging, and helpline support with these arrangements.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Corporate Employee Transportation Service is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Corporate Employee Transportation Service market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Prairie Bus Lines (Canada), Gogo Charters LLC (United States), WTi cabs (India), SkyLogistics (India), Busbank(United States), Transdev (France), Prairie Bus Line Limited (Canada), Move-In-Sync (India), First Class Tours (United States), Janani Tours (India) and Eco rent a car (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Corporate Employee Transportation Service market by Type (Mobility As A Service (MaaS) and Software As A Service (SaaS)), Application (SMEs and Large Enterprises) and Region.
On the basis of geography, the market of Corporate Employee Transportation Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle Type, the sub-segment i.e. Cars will boost the Corporate Employee Transportation Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Corporate Employee Transportation Service Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rise In The Number Of Employees Across The Country
- Increasing Usage Of The Internet For Employee Transportation Services
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Influencing Trends | - Technological Development In Transportation Services
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Restraints | - Stringent Government Regulations Impacting The Transportation Industry
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Road Blocks / Challenges | - Poor Road Infrastructure And Inferior Quality Vehicles Used For Transportation
- Intense Competition Among Players
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Gaps & Opportunities | - Rising Demand For Mass Transit Solutions By The Enterprises To Attract A Varied Number Of Employees
- Rapidly Expansion Of Transportation Industry
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On 28 February 2022, Transdev has announced that the Estarrejabus transit network which is operated by Transdev was launched in early February 2022, providing the municipality built along the banks of the Antua River, near the Ria de Aveiro, with an important mobility solution.
Key Target Audience
Corporate Employee Transportation Service Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.