Public Transportation - Algeria | Statista Market Forecast

In Algeria, the Public Transportation market is expected to experience significant growth in the coming years.
It is projected that by 2024, revenue in this market will reach US$680.50m.
Furthermore, the market volume is expected to increase to US$813.70m by 2029, with an annual growth rate of 3.64%.
The number of users is also expected to rise to 30.89m users by 2029, with a projected user penetration of 56.7% in 2024 and 62.7% in 2029.
The average revenue per user (ARPU) is estimated to be US$25.95.
Moreover, it is anticipated that 15% of the total revenue in the Public Transportation market in Algeria will be generated through online sales by 2029.
It is worth noting that in terms of global comparison, United States is expected to generate the highest revenue in this market, with a projected revenue of US$52bn in 2024.
Algeria is making strides towards improving its public transportation system by investing in new buses and trains.

Definition:

Local public transportation is used to transport people in everyday traffic by road, water, railway tracks, and sometimes by air (cable car) for local and regional transportation. In this market, revenues generated by ticket sales from public transportation companies, such as BVG (Berlin Transport Company), TfL (Transport for London), or Toei (東京都交通局: Tokyo Metropolitan Bureau of Transportation) are considered. Most providers sell single and group tickets or time-limited tickets for up to one year. This market does not take long-distance public transportation with national travel offerings into consideration.

Additional Information:

The main performance indicators of the Flights market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the above-mentioned markets. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year. Additional definitions for each market can be found within the respective market pages.

The booking volume includes all booked rides made by users from the selected region, regardless of where the ride took place.

For further information on the data displayed, refer to the info button right next to each box.

Local and regional public transportation by road, water, rail, and air
Regular transportation by bus, train, tram, subway, suburban trains, ferries, cable car, and trolleybus
All online and offline bookings for public transportation tickets and subscriptions, irrespective of the sales channel
Time-limited subscriptions and single tickets

Tickets for long-distance public transportation with nationwide travel offers
Private transportation
Freight transportation

The Public Transportation market in Algeria has been experiencing significant growth in recent years. Customer preferences have shifted towards using public transportation due to increasing urbanization and traffic congestion. Additionally, government initiatives to improve public transportation infrastructure and services have also contributed to the market's development.

Customer preferences: Customers in Algeria have shown a growing preference for public transportation. This can be attributed to several factors. Firstly, the rapid urbanization in the country has resulted in increased traffic congestion in major cities. As a result, many individuals are opting for public transportation as a more convenient and efficient mode of travel. Secondly, the cost of owning and maintaining a private vehicle has also led customers to choose public transportation as a more affordable option. Lastly, the environmental impact of private vehicles has become a concern for many customers, leading them to opt for public transportation as a more sustainable mode of travel.

Trends in the market: One of the key trends in the Public Transportation market in Algeria is the expansion and improvement of infrastructure. The government has been investing heavily in the development of new transport networks, including the construction of new metro lines and the expansion of bus services. These infrastructure projects aim to provide customers with more options for public transportation and to alleviate traffic congestion in major cities. Another trend in the market is the adoption of technology to enhance the customer experience. Mobile applications and digital platforms have been introduced to provide customers with real-time information on routes, schedules, and fares. This has made it easier for customers to plan their journeys and has improved the overall efficiency of public transportation services.

Local special circumstances: Algeria's public transportation market is influenced by several local special circumstances. One such circumstance is the country's large land area and dispersed population. This poses challenges in providing efficient and cost-effective public transportation services, particularly in rural areas. The government has implemented strategies to address this issue, such as the introduction of shared taxi services and the improvement of intercity bus networks. Another special circumstance is the country's reliance on oil and gas revenues. The fluctuations in global oil prices can have an impact on the government's ability to invest in public transportation infrastructure and services. However, the government has recognized the importance of diversifying the economy and reducing dependence on oil revenues, which has led to increased investment in the public transportation sector.

Underlying macroeconomic factors: The development of the Public Transportation market in Algeria is also influenced by underlying macroeconomic factors. The country's economic growth and stability play a crucial role in attracting investment and driving the market's expansion. Additionally, the government's fiscal policies and budget allocations have a direct impact on the funding available for public transportation projects. In conclusion, the Public Transportation market in Algeria is experiencing growth due to changing customer preferences, government initiatives, and infrastructure development. The market is characterized by a shift towards public transportation as a result of urbanization, traffic congestion, and environmental concerns. The expansion of infrastructure and the adoption of technology are key trends in the market. Local special circumstances, such as the dispersed population and reliance on oil revenues, as well as underlying macroeconomic factors, also influence the market's development.

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of public transportation.

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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