Public Transportation - Russia | Statista Market Forecast

Russia is projected to generate a revenue of US$10.57bn in the Public Transportation market by 2024.
The revenue is expected to display a Compound Annual Growth Rate (CAGR 2024-2029) of 2.12%, leading to an anticipated market volume of US$11.74bn by 2029.
Moreover, the number of users in the Public Transportation market is projected to reach 105.00m users by 2029.
In 2024, the user penetration is expected to be 70.7%, which is projected to increase to 74.0% by 2029.
The Average Revenue Per User (ARPU) is expected to be US$103.90.
Additionally, it is forecasted that 15% of the total revenue will be generated through online sales by 2029.
Furthermore, in comparison to other countries, United States is projected to generate the highest revenue of US$52bn by 2024 in the Public Transportation market.
Russia's public transportation system faces challenges due to the country's vast size and harsh weather conditions.

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 Russia has been experiencing significant growth in recent years, driven by various factors such as customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in Russia have been shifting towards more sustainable and cost-effective transportation options, leading to an increased demand for public transportation. With rising concerns about environmental pollution and the high cost of owning a car, many Russians are opting for public transportation as a convenient and affordable alternative. This shift in customer preferences has contributed to the growth of the Public Transportation market in Russia. In addition to changing customer preferences, there are several market trends that have been shaping the Public Transportation market in Russia. One of the key trends is the adoption of technology in public transportation systems. The integration of smart ticketing systems, real-time information updates, and mobile applications has made public transportation more efficient and user-friendly. This trend has not only improved the overall customer experience but has also attracted new customers to use public transportation. Another trend in the market is the expansion and modernization of public transportation infrastructure. The Russian government has been investing heavily in the development of metro systems, tram networks, and bus services in major cities across the country. These infrastructure projects aim to improve connectivity, reduce congestion, and enhance the overall efficiency of public transportation. The ongoing expansion and modernization efforts have further fueled the growth of the Public Transportation market in Russia. Local special circumstances also play a significant role in the development of the Public Transportation market in Russia. The vast size of the country and the long distances between cities make public transportation a crucial mode of travel for many Russians. Additionally, the harsh winter climate in certain regions makes driving more challenging, leading to a higher reliance on public transportation during these months. These local circumstances have created a favorable environment for the growth of the Public Transportation market in Russia. Underlying macroeconomic factors have also contributed to the growth of the Public Transportation market in Russia. The country's improving economic conditions, rising urbanization, and increasing disposable incomes have all played a role in driving the demand for public transportation. As more people move to urban areas and their purchasing power increases, the demand for convenient and affordable transportation options also grows. In conclusion, the Public Transportation market in Russia is experiencing significant growth due to changing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The shift towards more sustainable and cost-effective transportation options, the adoption of technology, the expansion of infrastructure, and the country's improving economic conditions have all contributed to the development of the Public Transportation market in Russia.

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.

This report presents a comprehensive analysis and additional information on the Mobility market, in a PDF format.