South America Smart Commute Market Report 2022: Increasing Trend of Mobility-as-a-Service Bodes Well for Sector – QNT Press Release


DUBLIN, Nov. 24, 2022 /PRNewswire/ — The “South America Smart Commute Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type, Solution, and End User Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type, Solution, and End User” report has been added to ResearchAndMarkets.com’s offering.

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. from combined bike-sharing possibilities provided by several market players. Furthermore, 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…

Full story available on Benzinga.com



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