Train Tickets - Austria | Statista Market Forecast

By 2024, the Train Tickets market in Austria is expected to reach a revenue of US$690.80m.
Moreover, the market volume is anticipated to grow annually at a CAGR of 1.49% between 2024 and 2029, resulting in a projected market volume of US$743.70m by 2029.
The projected number of users in the Train Tickets market is expected to reach 3.53m users by 2029.
In terms of user penetration, it is estimated to be 36.5% in 2024 and 39.0% by 2029.
The average revenue per user (ARPU) is expected to be US$211.10.
It is projected that 74% of the total revenue within the Train Tickets market will be generated through online sales by 2029.
Finally, it is noteworthy to mention that China is expected to generate the majority of revenue in the Train Tickets market globally, amounting to US$72bn in 2024.
Austria's train market has seen an increase in eco-friendly travel options, with a focus on scenic routes and luxury train experiences.

Definition:

The Train tickets market consists of tickets for long-distance travel or cross-regional travel by train. This includes country-specific providers of passenger rail transport such as Deutsche Bahn, Amtrak or National Rail. As a rule, travel for single passengers and groups or time-limited subscription based travel can be booked up to a year in advance. Tickets for public transport, for within a city or other local travel are not included.

Additional Information:

The main performance indicators of the Train tickets 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.

Tickets for long-distance travel or cross-regional travel by train
Time-limited subscription based travel
Line service and regular train service
All online and offline booked long-distance bus tickets regardless of the purchase channel

Tickets for public transport, for within a city or other local travel

The Trains market in Austria has been experiencing significant growth in recent years. This can be attributed to several factors, including customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Austria have shifted towards more sustainable and environmentally friendly modes of transportation. Trains are seen as a greener alternative to cars or airplanes, as they produce lower emissions and consume less energy. Additionally, trains offer a convenient and comfortable mode of travel, with amenities such as spacious seating, onboard Wi-Fi, and dining options. This has led to an increased demand for train travel in Austria. Trends in the market have also contributed to the growth of the Trains market in Austria. The government has been investing in the expansion and modernization of the country's railway infrastructure. This includes the construction of new high-speed rail lines, the upgrading of existing tracks, and the introduction of new train services. These developments have improved the efficiency and reliability of train travel in Austria, making it a more attractive option for both domestic and international travelers. Local special circumstances in Austria have played a role in the development of the Trains market. The country's central location in Europe makes it a major transportation hub, with many international train routes passing through Austria. This has increased the accessibility of train travel for both domestic and foreign tourists. Additionally, Austria's scenic landscapes and picturesque towns make train travel a popular choice for leisure travelers who want to enjoy the country's natural beauty. Underlying macroeconomic factors have also contributed to the growth of the Trains market in Austria. The country has a strong economy with high levels of disposable income, which has increased the demand for leisure travel. Additionally, Austria's tourism industry has been thriving, attracting a large number of visitors from around the world. Trains provide a convenient and efficient mode of transportation for tourists who want to explore different regions of Austria. In conclusion, the Trains market in Austria is experiencing growth due to customer preferences for sustainable and comfortable travel, trends in the market such as infrastructure development, local special circumstances such as Austria's central location and scenic landscapes, and underlying macroeconomic factors such as a strong economy and thriving tourism industry. These factors have contributed to the increased demand for train travel in Austria and are expected to continue driving the growth of the Trains market in the future.

Data coverage:

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

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.