Key regions: China, Germany, Thailand, Saudi Arabia, India
The E-Scooter-sharing market in Czechia has been experiencing significant growth in recent years.
Customer preferences: One of the main reasons for the growth of the E-Scooter-sharing market in Czechia is the increasing popularity of eco-friendly transportation options. Customers are becoming more conscious of their environmental impact and are actively seeking out sustainable alternatives to traditional modes of transportation. E-Scooter-sharing provides a convenient and green option for short-distance travel, allowing customers to reduce their carbon footprint while enjoying the flexibility and convenience of electric scooters.
Trends in the market: The E-Scooter-sharing market in Czechia has witnessed the emergence of several key trends. Firstly, there has been a proliferation of E-Scooter-sharing companies entering the market, leading to increased competition and innovation. These companies are continuously improving their services and expanding their fleets to meet the growing demand. Additionally, there has been a shift towards dockless E-Scooter-sharing models, where users can locate and unlock scooters using mobile apps, providing greater convenience and flexibility for customers.
Local special circumstances: Czechia has a well-developed urban infrastructure, with many cities being highly pedestrian-friendly. This makes it an ideal environment for E-Scooter-sharing, as users can easily navigate through the city streets and reach their destinations quickly. Furthermore, the relatively compact size of Czechia's cities makes it feasible for E-Scooter-sharing companies to deploy and manage their fleets effectively.
Underlying macroeconomic factors: The growth of the E-Scooter-sharing market in Czechia is also influenced by underlying macroeconomic factors. The country has experienced steady economic growth in recent years, resulting in increased disposable income and a higher standard of living for many Czech citizens. This has created a favorable environment for the adoption of new technologies and services, such as E-Scooter-sharing. Additionally, the government has shown support for sustainable transportation initiatives, providing incentives and infrastructure to encourage the use of electric vehicles, including electric scooters. In conclusion, the E-Scooter-sharing market in Czechia is developing rapidly due to customer preferences for eco-friendly transportation options, the emergence of new trends in the market, the local special circumstances that make it conducive for E-Scooter-sharing, and the underlying macroeconomic factors that support the adoption of electric scooters. As the market continues to grow, it is expected that E-Scooter-sharing will become an integral part of the transportation landscape in Czechia.
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.
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