Public Transportation - Egypt | Statista Market Forecast

Egypt's Public Transportation market is expected to generate a revenue of US$874.30m by 2024.
With an annual growth rate of 8.06% (CAGR 2024-2029), the projected market volume is expected to reach US$1.29bn by 2029.
The number of users in this market is expected to increase to 79.23m users by 2029.
In 2024, the user penetration is projected to be 52.3% and 64.2% by 2029.
The average revenue per user (ARPU) is expected to be US$14.59.
By 2029, 22% of the total revenue in the Public Transportation market will be generated through online sales.
In global comparison, United States is expected to generate the most revenue of US$52bn in 2024.
Egypt's public transportation system faces challenges due to lack of investment in infrastructure and maintenance.

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.

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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 Egypt has been experiencing significant growth in recent years, driven by various factors such as increasing urbanization, population growth, and government initiatives to improve transportation infrastructure.

Customer preferences: In Egypt, there is a growing demand for public transportation due to the increasing urban population and the need for efficient and affordable transportation options. Many people prefer using public transportation as it is often more cost-effective and convenient compared to private vehicles. Additionally, with the rising concerns about traffic congestion and environmental sustainability, there is a growing preference for using public transportation to reduce the number of private vehicles on the roads.

Trends in the market: One of the key trends in the public transportation market in Egypt is the modernization and expansion of existing transportation infrastructure. The government has been investing heavily in upgrading and expanding the country's public transportation networks, including railways, metro systems, and bus services. This has led to the introduction of new and improved transportation options, making it easier for people to commute within and between cities. Another trend in the market is the adoption of technology in public transportation services. This includes the implementation of smart ticketing systems, real-time tracking of vehicles, and the integration of mobile applications for trip planning and ticket purchasing. These technological advancements have made public transportation more efficient and user-friendly, attracting more people to use these services.

Local special circumstances: Egypt has a unique geographical and cultural context that influences the public transportation market. The country's large population and high population density in urban areas create a high demand for efficient transportation options. Additionally, the historical and cultural significance of Egypt's cities attracts a large number of tourists, further increasing the need for reliable and convenient public transportation services.

Underlying macroeconomic factors: The development of the public transportation market in Egypt is also influenced by macroeconomic factors. The country's economic growth and increasing urbanization have resulted in higher disposable incomes and a larger middle class. This has led to an increase in the demand for public transportation services, as more people can afford to use these services regularly. Furthermore, government initiatives and investments in transportation infrastructure play a crucial role in the development of the public transportation market. The government's focus on improving transportation networks and reducing traffic congestion has created opportunities for both domestic and international companies to invest in the sector. In conclusion, the Public Transportation market in Egypt is experiencing growth due to increasing urbanization, population growth, and government initiatives to improve transportation infrastructure. Customer preferences for cost-effective and convenient transportation options, along with the adoption of technology, are driving the market trends. The unique geographical and cultural context of Egypt, along with underlying macroeconomic factors such as economic growth and government investments, further contribute to the development of the market.

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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