Key regions: South America, Malaysia, China, Thailand, United States
The Public Transportation market in Tunisia is experiencing significant growth and development, driven by various factors such as customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in Tunisia are shifting towards more sustainable and efficient modes of transportation, with a growing demand for public transportation services. This is partly due to increasing awareness about the environmental impact of private vehicles and the need to reduce traffic congestion in urban areas. Customers are also looking for convenient and affordable transportation options, which public transportation can provide. Trends in the market indicate a growing investment in the expansion and improvement of public transportation infrastructure in Tunisia. This includes the development of new metro lines, bus rapid transit systems, and the modernization of existing transportation networks. These investments are aimed at improving the accessibility and reliability of public transportation services, as well as reducing travel times for commuters. Local special circumstances in Tunisia, such as rapid urbanization and population growth, are also contributing to the development of the public transportation market. As more people move to urban areas, the demand for efficient and reliable transportation options increases. Additionally, the government of Tunisia has been actively promoting public transportation as a sustainable solution to address transportation challenges in the country. Underlying macroeconomic factors, such as government policies and funding, play a crucial role in the development of the public transportation market in Tunisia. The government has been implementing policies to encourage the use of public transportation, including subsidies for public transportation operators and the implementation of dedicated bus lanes. Furthermore, international funding and partnerships have been instrumental in supporting the expansion and improvement of public transportation infrastructure in the country. In conclusion, the Public Transportation market in Tunisia is experiencing growth and development due to changing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The shift towards sustainable and efficient modes of transportation, along with investments in infrastructure and government support, are driving the expansion of the public transportation market in Tunisia.
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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