Market revenue in 2023 | USD 20,111.9 million |
Market revenue in 2030 | USD 33,976.6 million |
Growth rate | 7.8% (CAGR from 2023 to 2030) |
Largest segment | Offline |
Fastest growing segment | Online |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Online, Offline |
Key market players worldwide | Deutsche Bank AG, MTR Corp Ltd, Southern California Institute of Technology, Tobu Railway Co Ltd, Greater London Authority, East Japan Railway Co, Metropolitan Transportation Authority, STIB-MIVB, c2c Ltd, Rethmann AG & Co. KG |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to public transportation market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 82.59% in 2023. Horizon Databook has segmented the Middle East & Africa public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
As per the World Bank in November 2022, the Middle East & Africa region is witnessing a 3.5% increase in urban population each year. The steady growth of the urban population is increasing pressure on infrastructure and road transport.
Furthermore, a rise in fuel prices, high charges of private transportation, and negative impact on the environment are the key factors driving the demand for reliable, economic, and accessible public transportation facilities across the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa public transportation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa public transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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