Public Transportation - Southeast Asia

Southeast Asia is expected to witness significant growth in the Public Transportation market.
By 2024, revenue in this market is projected to reach US$7.00bn and is expected to grow annually at a rate of 2.57% until 2029, resulting in a projected market volume of US$7.95bn.
The number of users is also expected to increase and amount to 413.30m users by 2029.
In 2024, user penetration is projected to be 51.6% and is expected to slightly increase to 57.4% by 2029.
On average, the revenue per user (ARPU) is expected to be US$19.59.
It is also projected that 23% of the total revenue in the Public Transportation market will be generated through online sales by 2029.
In comparison to other countries, United States is expected to generate the most revenue in the Public Transportation market with US$52bn in 2024.
In Indonesia, ride-hailing services like Go-Jek and Grab are disrupting the public transportation market.

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 Southeast Asia is experiencing significant growth and development.

Customer preferences: Customers in Southeast Asia are increasingly seeking convenient and affordable transportation options. With the region's growing population and urbanization, there is a higher demand for efficient and reliable public transportation systems. Commuters are looking for modes of transportation that can help them avoid traffic congestion and reduce travel time. Additionally, there is a rising awareness of environmental sustainability, leading to a preference for greener transportation options such as buses and trains.

Trends in the market: One of the key trends in the public transportation market in Southeast Asia is the expansion and modernization of existing infrastructure. Governments in the region are investing heavily in upgrading and expanding their transportation networks to meet the growing demand. This includes the construction of new metro lines, the introduction of bus rapid transit systems, and the improvement of existing railway networks. These infrastructure developments aim to provide commuters with faster, more efficient, and more comfortable transportation options. Another trend in the market is the integration of technology into public transportation systems. Southeast Asian countries are embracing digitalization and are implementing smart solutions to enhance the overall customer experience. This includes the introduction of contactless payment systems, real-time tracking of buses and trains, and the development of mobile applications for trip planning and ticketing. These technological advancements are making public transportation more convenient and accessible for commuters.

Local special circumstances: Each country in Southeast Asia has its own unique set of circumstances that influence the development of the public transportation market. For example, in Singapore, the government has implemented a comprehensive transportation plan that includes an efficient metro system, extensive bus services, and a well-integrated network. This has led to high levels of public transportation usage and a decrease in private vehicle ownership. In contrast, countries like Indonesia and the Philippines face challenges in developing their public transportation systems due to factors such as population density, geographical constraints, and inadequate infrastructure. However, these countries are actively working towards improving their transportation networks through initiatives such as the construction of new metro lines and the introduction of bus rapid transit systems.

Underlying macroeconomic factors: The growth of the public transportation market in Southeast Asia can be attributed to several underlying macroeconomic factors. The region's strong economic growth has led to an increase in disposable incomes, allowing more people to afford public transportation. Additionally, rapid urbanization and population growth have resulted in higher demand for transportation services. Furthermore, governments in Southeast Asia are recognizing the importance of sustainable and efficient transportation systems for economic development. They are investing in public transportation infrastructure as a means to reduce traffic congestion, improve air quality, and enhance mobility for their citizens. These investments are expected to fuel the growth of the public transportation market in the region. In conclusion, the Public Transportation market in Southeast Asia is developing rapidly due to customer preferences for convenient and affordable transportation options, the expansion and modernization of infrastructure, the integration of technology, local circumstances, and underlying macroeconomic factors.

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.