Buses - India | Statista Market Forecast

Revenue in the Buses segment is projected to reach ₹77.76bn in 2023.
Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 5.56%, resulting in a projected market volume of ₹96.55bn by 2027.
In the Buses segment, the number of users is expected to amount to 125.1m users by 2027.
User penetration is 7.5% in 2023 and is expected to hit 8.5% by 2027.
The average revenue per user (ARPU) is expected to amount to ₹0.73k.
In the Buses segment, 59% of total revenue will be generated through online sales by 2027.
In global comparison, most revenue will be generated in China (₹427.50bn in 2023).

The Buses segment consists of tickets for long-distance travel or cross-regional travel by bus or coach. This includes country-specific providers of bus transport e.g. Eurolines, National Express and Greyhound. As a rule, travel for single passengers and groups or time-limited subscription based travel can be booked up to a year in advance. The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. Users represent the people who have booked the bus tickets, independent of the number of travelers on the booking.

Tickets for public transport, for within a city or other local travel are not included.

in-scope

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

out-of-scope

Tickets for public transport, for within a city or other local travel
Bus trips that are organized as an excursion or specifically for a travel group

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