What is Smart Commute Market Market Scope?
Smart commute is an energy efficient transportations system which involves carpooling, bike pooling, vanpooling or travel by metro. It provides a benefit to the community by encouraging a more sustainable form of travel. This environment-friendly travel service aims to reduce traffic congestion on roads and deemed as a suitable transportation option for the working-class commuter as it not only proves to be cost-effective but also lowers the parking space requirement
The Smart Commute Market market study is being classified by Type (Carpooling, Van pooling, Bike pooling, Bicycle pooling, Metro and Other) and major geographies with country level break-up.
Siemens AG (Germany), Schneider Electric SA (France), Johnson controls international PLC (United States), Honeywell international inc. (United States), Abb Ltd. (Switzerland), Cisco Systems, Inc. (United States), United technologies corporation (United States), Lutron electronics co. Inc. (United States), Crestron Electronics, Inc. (United States) and Philips lighting holding B.V (Netherlands) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Smart Commute Market market by Type, Application and Region.
On the basis of geography, the market of Smart Commute Market 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).
Influencing Market Trend
- Advent of Real-Time Car Pooling Through Smartphone
- Integration of Technically Advanced System Such as Vehicle Access and Reservation Systems
Market Drivers
- Rising Urban Population and High Demographic Rates
- Environment-Friendly and Sustainable Commuting Option
- Adoption of Connected and Smart Technologies in Transportation Infrastructure
Opportunities
- Decline in Vehicle Ownership With Shared Mobility
- Growing Demand for Transportation as a Service
Restraints
- Lack of Standardized and Uniform Technology
- Restriction on Baggage
- Compliance With Stringent Transportation Regulatory Policies
Challenges
- Reluctance Nature of Car Owner towards Adoption of Smart Commute System
- Integration Complexities Over Legacy Systems and Networks
Key Target Audience
Transportation services providers, Solution vendors, Networking and communication services providers, Original equipment manufacturers (OEMs), Government associations, Public transportation departments, Managed service providers (MSPs), System integrators, Technology standards organizations, forums, alliances, and associations, Universities and research organizations and Government bodies
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