Digitization in Public Transportation, North America and Europe, 2023 2030

AutomotiveDigitization in Public Transportation, North America and Europe, 2023 2030

Sustainability and Digitization are Driving Transformational Growth and Generating a Revenue Potential of $236.13 Billion by 2030

RELEASE DATE
22-Oct-2024
REGION
Global
Deliverable Type
Market Research
Research Code: MH87-01-00-00-00
SKU: AU_2024_1082
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU_2024_1082

Digitization in Public Transportation, North America and Europe, 2023 2030
Published on: 22-Oct-2024 | SKU: AU_2024_1082

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The public transport industry is undergoing a transformative shift, driven by technological advancements, changing urban landscapes, and evolving passenger expectations. Digitization is emerging as a key catalyst for this transformation, offering opportunities to enhance efficiency, improve passenger experience, and foster sustainability.

Why does public transport digitization matter?

• Enhanced Efficiency: Digital technologies streamline operations, reduce costs, and improve resource allocation.
• Improved Passenger Experience: Real-time information, contactless payments, and personalized services enhance customer satisfaction.
• Sustainability: Digitization can contribute to reducing emissions and promoting sustainable transportation.
• Revenue Generation: Data-driven insights and new business models can unlock additional revenue streams.

What are the challenges and opportunities in public transport digitization?

Despite its benefits, digitization infrastructure limitations, data privacy concerns, and resistance to change. Overcoming these challenges presents significant opportunities for innovation and growth.

This Frost & Sullivan analysis examines the evolving landscape of public transport in North America and Europe, focusing on the transformative impact of digitization. By analyzing key trends, benchmarking leading cities, and forecasting market growth, the study provides a comprehensive overview of the industry's future.

This analysis has found that the adoption of digital technologies is reshaping the public transport sector, driving efficiency, enhancing passenger experience, and fostering sustainability. In that context, cities with higher population density and urban sprawl are experiencing accelerated digitization efforts to meet growing demand. A comparative analysis of more than 30 cities reveals best practices in contactless payments, integrated ticketing, and MaaS integration.

Furthermore, this analysis presents a global revenue forecast, highlighting the anticipated growth in the public transport sector driven by digitization and changing urban dynamics. It also examines key trends shaping the industry, which include the rise of Mobility-as-a-Service platforms, autonomous vehicles, and data-driven decision making.

The future of public transport is inextricably linked to digitization. By embracing technology, cities can create more efficient, sustainable, and passenger-centric transportation systems. This study offers valuable insights for policymakers, industry leaders, and investors seeking to navigate the evolving landscape of urban mobility. Finally, it presents three growth opportunities for stakeholders to seize.

Author: Chanchal Jetha

 

 

Scope of Analysis

Definition and Segmentation

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Public Transport Industry

Major Stakeholders

Key Definitions of Presentation Terms

Key Elements of the Evolving Public Transport Landscape

What Does Digitization Mean in the Public Transport Landscape?

Benefits of Traditional and Digital Ticketing in Public Transport

Competitive Environment

Key Competitors

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Considerations

Revenue Forecast for Public Transport and Digitization Percentage

Revenue Forecast by Region for Public Transport

Revenue Forecast by Region for Public Transport Digitization

Revenue Forecast Analysis

Pricing Trends and Forecast Analysis

Benchmarking Criteria for Public Transport Digitization

Digitization Ranking for Public Transportation in 30 Cities

Various Implementation Models and Comparison

Public Transport and Metro Ridership Trends across 30 Cities

Population Density and Modal Share Comparison

Key Findings: Europe

Key Findings: North America

Key Trends in Public Transport Digitization

IoT and Big Data: Transforming Public Transport

Use of AI and ML

Blockchain and Security

ABT

Multimodal Integration

Growth Metrics

Revenue Forecast

Forecast Analysis

Amsterdam, the Netherlands

Amsterdam, the Netherlands (continued)

Barcelona, Spain

Barcelona, Spain (continued)

Berlin, Germany

Berlin, Germany (continued)

Brussels, Belgium

Brussels, Belgium (continued)

Budapest, Hungary

Budapest, Hungary (continued)

Copenhagen, Denmark

Copenhagen, Denmark (continued)

Dublin, Ireland

Dublin, Ireland (continued)

Helsinki, Finland

Helsinki, Finland (continued)

Istanbul, Turkey

Istanbul, Turkey (continued)

Lisbon, Portugal

Lisbon, Portugal (continued)

London, the United Kingdom

London, the United Kingdom (continued)

Madrid, Spain

Madrid, Spain (continued)

Milan, Italy

Milan, Italy (continued)

Munich, Germany

Munich, Germany (continued)

Oslo, Norway

Oslo, Norway (continued)

Paris, France

Paris, France (continued)

Prague, Czech Republic

Prague, Czech Republic (continued)

Rome, Italy

Rome, Italy (continued)

Stockholm, Sweden

Stockholm, Sweden (continued)

Vienna, Austria

Vienna, Austria (continued)

Warsaw, Poland

Warsaw, Poland (continued)

Zurich, Switzerland

Zurich, Switzerland

Growth Metrics

Revenue Forecast

Forecast Analysis

Chicago, the United States

Chicago, the United States (continued)

Los Angeles, the United States

Los Angeles, the United States (continued)

Montreal, Canada

Montreal, Canada (continued)

New York City, the United States

New York City, the United States (continued)

San Francisco, the United States

San Francisco, the United States (continued)

San Diego, the United States

San Diego, the United States (continued)

Toronto, Canada

Toronto, Canada (continued)

Washington, D.C., the United States

Washington, D.C., the United States (continued)

Growth Opportunity 1: Improving the Passenger Experience

Growth Opportunity 1: Improving the Passenger Experience (continued)

Growth Opportunity 2: Developing Electric and Alternative Fuel Vehicles

Growth Opportunity 2: Developing Electric and Alternative Fuel Vehicles (continued)

Growth Opportunity 3: Data-driven Decision Making

Growth Opportunity 3: Data-driven Decision Making (continued)

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

Legal Disclaimer

List of Figures
  • Digitization in Public Transport: Growth Metrics, North America and Europe, 2023
  • Digitization in Public Transport: Growth Drivers, North America and Europe, 2024–2030
  • Digitization in Public Transport: Growth Restraints, North America and Europe, 2024–2030
  • Public Transport: Revenue Forecast, North America and Europe, 2022–2030
  • Public Transport: Revenue Forecast by Region, North America And Europe 2022–2030
  • Digitization in Public Transport: Revenue Forecast by Region, 2022–2030
  • Digitization in Public Transport: Growth Metrics, Europe, 2023
  • Digitization in Public Transport: Revenue Forecast, Europe, 2022–2030
  • Digitization in Public Transport: Growth Metrics, North America, 2023
  • Digitization in Public Transport: Revenue Forecast, North America, 2022–2030
Purchase includes:
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  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

The public transport industry is undergoing a transformative shift, driven by technological advancements, changing urban landscapes, and evolving passenger expectations. Digitization is emerging as a key catalyst for this transformation, offering opportunities to enhance efficiency, improve passenger experience, and foster sustainability. Why does public transport digitization matter? Enhanced Efficiency: Digital technologies streamline operations, reduce costs, and improve resource allocation. Improved Passenger Experience: Real-time information, contactless payments, and personalized services enhance customer satisfaction. Sustainability: Digitization can contribute to reducing emissions and promoting sustainable transportation. Revenue Generation: Data-driven insights and new business models can unlock additional revenue streams. What are the challenges and opportunities in public transport digitization? Despite its benefits, digitization infrastructure limitations, data privacy concerns, and resistance to change. Overcoming these challenges presents significant opportunities for innovation and growth. This Frost & Sullivan analysis examines the evolving landscape of public transport in North America and Europe, focusing on the transformative impact of digitization. By analyzing key trends, benchmarking leading cities, and forecasting market growth, the study provides a comprehensive overview of the industry's future. This analysis has found that the adoption of digital technologies is reshaping the public transport sector, driving efficiency, enhancing passenger experience, and fostering sustainability. In that context, cities with higher population density and urban sprawl are experiencing accelerated digitization efforts to meet growing demand. A comparative analysis of more than 30 cities reveals best practices in contactless payments, integrated ticketing, and MaaS integration. Furthermore, this analysis presents a global revenue forecast, highlighting the anticipated growth in the public transport sector driven by digitization and changing urban dynamics. It also examines key trends shaping the industry, which include the rise of Mobility-as-a-Service platforms, autonomous vehicles, and data-driven decision making. The future of public transport is inextricably linked to digitization. By embracing technology, cities can create more efficient, sustainable, and passenger-centric transportation systems. This study offers valuable insights for policymakers, industry leaders, and investors seeking to navigate the evolving landscape of urban mobility. Finally, it presents three growth opportunities for stakeholders to seize. Author: Chanchal Jetha--BEGIN PROMO--

 

 

More Information
Deliverable Type Market Research
Author Chanchal Jetha
Industries Automotive
No Index No
Is Prebook No
List of Charts and Figures Digitization in Public Transport: Growth Metrics, North America and Europe, 2023~ Digitization in Public Transport: Growth Drivers, North America and Europe, 2024–2030~ Digitization in Public Transport: Growth Restraints, North America and Europe, 2024–2030~ Public Transport: Revenue Forecast, North America and Europe, 2022–2030~ Public Transport: Revenue Forecast by Region, North America And Europe 2022–2030~ Digitization in Public Transport: Revenue Forecast by Region, 2022–2030~ Digitization in Public Transport: Growth Metrics, Europe, 2023~ Digitization in Public Transport: Revenue Forecast, Europe, 2022–2030~ Digitization in Public Transport: Growth Metrics, North America, 2023~ Digitization in Public Transport: Revenue Forecast, North America, 2022–2030~
Podcast No
WIP Number MH87-01-00-00-00