E-Scooter-sharing - Croatia

  • Croatia
  • The E-Scooter-sharing market in Croatia is projected to experience a substantial growth in revenue, with an estimated amount of US$1.56m expected by 2024.
  • This growth is anticipated to continue at an annual rate of 6.63%, which will lead to a projected market volume of US$2.15m by 2029.
  • The number of users in this sector is also expected to increase, with an estimated amount of 131.90k users users projected by 2029.
  • The user penetration rate is expected to rise from 2.8% in 2024 to 3.4% by 2029.
  • Furthermore, the average revenue per user (ARPU) is anticipated to be US$13.79.
  • It is projected that 100% of the total revenue generated in this sector will be through online sales by 2029.
  • It is worth noting that United States is projected to generate the most revenue in this market in comparison to other countries, with an estimated revenue of US$730,200k in 2024.
  • Croatia's E-Scooter-sharing market is gaining traction among tourists as a convenient and eco-friendly way to explore the country's scenic cities.

Key regions: China, Germany, Thailand, Saudi Arabia, India

 
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Analyst Opinion

The E-Scooter-sharing market in Croatia has been experiencing significant growth in recent years. Customer preferences for convenient and eco-friendly transportation options have contributed to the increasing popularity of E-Scooter-sharing services. Additionally, several trends in the market have emerged, further driving the development of the industry in Croatia. Customer preferences in Croatia have shifted towards more sustainable modes of transportation. With growing concerns about environmental pollution and traffic congestion, consumers are actively seeking alternatives to traditional car ownership. E-Scooter-sharing services provide a convenient and eco-friendly solution for short-distance travel, aligning with the preferences of environmentally conscious individuals. The market has also witnessed the emergence of innovative technology and features in E-Scooter-sharing services. Companies have introduced mobile applications that allow users to easily locate and unlock E-Scooters, making the process more seamless and user-friendly. Additionally, the integration of GPS tracking systems and built-in safety features has enhanced the overall user experience and safety of E-Scooter-sharing services in Croatia. Local special circumstances in Croatia have also played a role in the development of the E-Scooter-sharing market. The country's favorable climate and well-developed urban infrastructure make it conducive for E-Scooter usage. The compact size of Croatian cities and the availability of bike lanes and dedicated paths for alternative modes of transportation have further facilitated the adoption of E-Scooter-sharing services. Underlying macroeconomic factors have also contributed to the growth of the E-Scooter-sharing market in Croatia. The country's strong tourism industry has attracted a large number of visitors who are looking for convenient and efficient transportation options. E-Scooter-sharing services provide a flexible and cost-effective solution for tourists to explore the cities and tourist attractions in Croatia. Additionally, the relatively low cost of E-Scooter-sharing services compared to other modes of transportation has made it an attractive option for budget-conscious travelers. In conclusion, the E-Scooter-sharing market in Croatia is developing rapidly due to customer preferences for sustainable transportation options, the emergence of innovative technology and features, local special circumstances, and underlying macroeconomic factors. As the market continues to evolve, it is expected that E-Scooter-sharing services will play an increasingly important role in the transportation landscape of Croatia.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings and revenues of e-scooter-sharing services.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

Overview

  • Revenue
  • Sales Channels
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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