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Key regions: China, Germany, Thailand, Saudi Arabia, India
The E-Scooter-sharing market in North Macedonia has been experiencing significant growth in recent years, driven by various factors influencing consumer behavior and market dynamics.
Customer preferences: Customers in North Macedonia are increasingly opting for E-Scooter-sharing services due to their convenience, cost-effectiveness, and eco-friendly nature. The ease of access to E-Scooters through mobile applications and the flexibility they offer for short-distance travel have made them popular among urban residents and tourists alike.
Trends in the market: One of the notable trends in the E-Scooter-sharing market in North Macedonia is the expansion of service providers and the introduction of new technologies to enhance the user experience. Companies are focusing on improving the durability and battery life of E-Scooters, as well as implementing geofencing technology to regulate parking and riding areas.
Local special circumstances: North Macedonia's unique geographical landscape, with a mix of urban centers and scenic routes, presents both opportunities and challenges for E-Scooter-sharing companies. The demand for E-Scooters is higher in densely populated cities like Skopje, while the presence of historical sites and natural attractions also attracts tourists looking for sustainable transportation options.
Underlying macroeconomic factors: The growth of the E-Scooter-sharing market in North Macedonia is also influenced by macroeconomic factors such as increasing urbanization, rising disposable incomes, and government initiatives to promote sustainable transportation solutions. As the country continues to invest in infrastructure development and smart city projects, the E-Scooter-sharing market is expected to further expand in the coming years.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)