Key regions: India, Thailand, Malaysia, China, South America
The E-Scooter-sharing market in Greece has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to the development of this industry.
Customer preferences: Customers in Greece have shown a growing preference for alternative modes of transportation, such as e-scooters. This can be attributed to several factors, including the convenience and flexibility of e-scooters for short-distance travel, as well as their affordability compared to other transportation options. Additionally, the younger generation has shown a particular interest in using e-scooters as a sustainable and eco-friendly mode of transportation.
Trends in the market: One of the key trends in the e-scooter-sharing market in Greece is the increasing number of companies entering the market. This has led to a higher level of competition, which in turn has resulted in more options for customers and lower prices. Additionally, there has been a shift towards dockless e-scooter-sharing systems, where users can pick up and drop off e-scooters anywhere within a designated area. This has increased the convenience and accessibility of e-scooters for customers.
Local special circumstances: Greece has a unique geographical landscape, with many cities having narrow streets and limited parking spaces. This makes e-scooters an ideal mode of transportation for navigating through congested areas and finding parking easily. Furthermore, Greece has a significant tourist industry, with millions of visitors each year. E-scooters provide an efficient and convenient way for tourists to explore the cities and tourist attractions.
Underlying macroeconomic factors: The growing e-scooter-sharing market in Greece can also be attributed to underlying macroeconomic factors. The country has been recovering from a financial crisis in recent years, and as the economy improves, people have more disposable income to spend on leisure activities, including e-scooter rentals. Additionally, the government has been supportive of the sharing economy and has implemented policies to encourage its growth, including regulations that promote the use of e-scooters as a sustainable mode of transportation. In conclusion, the e-scooter-sharing market in Greece has been growing due to customer preferences for alternative transportation options, the increasing number of companies entering the market, the unique local circumstances in Greece, and the underlying macroeconomic factors. As these trends continue, it is likely that the e-scooter-sharing market in Greece will continue to expand in the coming years.
Data coverage:
The data encompasses B2C enterprises. Figures are based on bookings and revenues of e-scooter-sharing services.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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