From 2013 to 2023, the turnover of the urban and suburban passenger land transport sector in Germany has exhibited a dynamic pattern. The turnover reached 36.95 billion euros in 2023, representing a significant increase over the decade. The most notable year-on-year variations include a substantial growth of 15.87% in 2018 and a pronounced recovery of 23.87% in 2021, post the COVID-19 impact which saw a decline of 9.72% in 2020. In recent years, growth has leveled off with a year-on-year increase of 5.05% in 2023. The compound annual growth rate (CAGR) over the past five years stands at 4.87%, reflecting consistent moderate growth.
Forecasts project continued growth through 2028, with a CAGR of 3.31%, which indicates anticipated steady performance and expansion of around 17.71% over the next five years. Future trends to observe include the advancement in sustainable and smart transport solutions, the impact of evolving urban mobility policies, and the integration of digital technologies to enhance passenger experiences and operational efficiency.
