In 2024, Norway led with 98 railway passenger transport enterprises, indicating significant growth with a 10.31% increase in 2023. Spain followed with 77 enterprises, experiencing a modest 1.64% rise. Finland recorded an increase of 2.67%, reaching 73 enterprises. Latvia's value decreased by 0.89% to 66 establishments, indicating a downtrend. In contrast, both South Africa and the Netherlands had equal establishments at 37, with South Africa experiencing a slight decline of 0.53%, whereas the Netherlands grew by 5.38%. New Zealand, despite its low number at 6, showed an impressive 14.87% growth rate in 2023. Over the last five years, the average growth varied across countries, reflecting diverse market dynamics.
Future trends to watch include potential innovations in green and digital technologies, increased privatization and competition in some markets, and the influence of urbanization and demographic shifts, particularly within Europe. These elements may drive further evolution, presenting both challenges and opportunities for railway enterprises globally.
Top countries in Railways Passenger Transport Enterprises by Country
| # | 7 Countries | Units (Establishments) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 98 | 2023 | +8.89% | +10.31% | View data |
| 2 | 2 Spain | 77 | 2023 | +1.32% | +1.64% | View data |
| 3 | 3 Finland | 73 | 2023 | +7.35% | +2.67% | View data |
| 4 | 4 Latvia | 66 | 2023 | +3.13% | -0.89% | View data |
| 5 | 5 South Africa | 37 | 2023 | 0% | -0.53% | View data |
| 6 | 6 Netherlands | 37 | 2023 | +12.12% | +5.38% | View data |
| 7 | 7 New Zealand | 6 | 2023 | 0% | +14.87% | View data |
