Transit entertainment services are increasingly being offered by public transportation companies to enhance passenger ride experience. Most common in transit entertainment services include Wi-Fi and video on demand services which are either offered for free or offered at affordable rates. In transit-entertainment amenities add value to customers’ overall travel experience. For example, all of New York’s underground subway stations were equipped with Wi-Fi, in January 2017.Ola Cab, the largest on demand cab transportation service provider in India is offering in cab entertainment through Ola Play platform which provides music, TV shows and radio in the cab.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL COMMUTER RAIL AND PUBLIC BUS SERVICES MARKET AT $337 BILLION IN 2017
Western Europe was the largest geographic region in the market in 2017, accounting for one-third of the global market. The USA was the largest country accounting for one-tenth of the global commuter rail and public bus services market.
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The chart below shows the year-on-year growth of the global commuter rail and public bus services market during 2017 – 2021
According to The Business Research Company’s Consultant, Oliver Guirdham, mobility as a Service (MaaS) approach the bundling of transportation options in urban areas like passengers can pre-pay for the service as part of a monthly subscription or pay using payment method. In Helsinki, Finland pay for all modes of public and private transportation such as bus, train, taxi, carshare or bikeshare.
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East Japan Railway Company was the biggest player in the commuter rail and public bus services market, with revenues of $18 billion in 2016.
The commuter rail and public bus services market is segmented into Commuter Rail Services (Metro And MMTS), and Public Bus Services.
Commuter Rail Services (Metro And MMTS) comprises establishments primarily engaged in operating local and suburban passenger transit systems over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas. Such transportation systems involve the use of one or more modes of transport including light rail, commuter rail, subways, and streetcars, as well as buses and other motor vehicles.
Public Bus Services comprises establishments primarily engaged in operating local and suburban passenger transportation systems using buses or other motor vehicles over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas.
Commuter Rail and Public Bus Services Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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