Middle East & Africa Public Transportation Market Size & Outlook
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MEA public transportation market highlights
- The MEA public transportation market generated a revenue of USD 20,111.9 million in 2023.
- The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 20,111.9 million |
| Market revenue in 2030 | USD 33,976.6 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
| Key market players worldwide | Deutsche Bank AG, MTR Corp Ltd, Southern California Institute of Technology, Tobu Railway Co Ltd, Greater London Authority, East Japan Railway Co, Metropolitan Transportation Authority, STIB-MIVB, c2c Ltd, Rethmann AG & Co. KG |
Other key industry trends
- In terms of revenue, MEA region accounted for 9.0% of the global public transportation market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 173,438.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Public Transportation Market Scope
Public Transportation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Rethmann AG & Co. KG | View profile | 251-500 | Selm, Nordrhein-Westfalen, Germany, Europe | https://www.rethmann-gruppe.de |
| c2c Ltd | View profile | 501-1000 | London, England, United Kingdom, Europe | https://www.c2c-online.co.uk/ |
| STIB-MIVB | View profile | 5001-10000 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium, Europe | http://www.stib-mivb.be |
| Metropolitan Transportation Authority | View profile | 10001+ | New York, New York, United States, North America | http://mta.info |
| East Japan Railway Co | View profile | 93425 | 2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, Japan, 151-8578 | http://www.jreast.co.jp |
| Greater London Authority | View profile | 1001-5000 | London, England, United Kingdom, Europe | https://www.london.gov.uk/ |
| Tobu Railway Co Ltd | View profile | 30055 | 1-2 1-2 Oshiage, Sumida-ku, Tokyo, Japan, 131-8522 | http://www.tobu.co.jp |
| MTR Corp Ltd | View profile | 33405 | 33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, Hong Kong | https://www.mtr.com.hk |
| Deutsche Bank AG | View profile | 90130 | Taunusanlage 12, Frankfurt am Main, HE, Germany, 60325 | https://www.db.com |
| Southern California Institute of Technology | View profile | 11-50 | Anaheim, California, United States, North America | http://www.scitech.edu/ |
Middle East & Africa public transportation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to public transportation market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 82.59% in 2023. Horizon Databook has segmented the Middle East & Africa public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
As per the World Bank in November 2022, the Middle East & Africa region is witnessing a 3.5% increase in urban population each year. The steady growth of the urban population is increasing pressure on infrastructure and road transport.
Furthermore, a rise in fuel prices, high charges of private transportation, and negative impact on the environment are the key factors driving the demand for reliable, economic, and accessible public transportation facilities across the region.
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Target buyers of Middle East & Africa public transportation market databook
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Our clientele includes a mix of public transportation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa public transportation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa public transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA public transportation market size, by country, 2018-2030 (US$M)
Middle East & Africa Public Transportation Market Outlook Share, 2023 & 2030 (US$M)
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