In 2023, the number of enterprises in urban and suburban passenger land transport in France was 1.17 thousand. Starting from 2024, the forecasted growth indicates a consistent annual increase, reaching 1.26 thousand by 2028. This shows a year-on-year growth rate of about 0.83% annually for 2024 and increasing slightly thereafter.
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be approximately 1.21% per year. This constant upward trend indicates a steady rise in the number of enterprises in the industry.
Future trends to watch for include technological advancements in transport solutions, regulatory changes, and shifts in consumer preferences towards sustainable transportation options. Additionally, economic fluctuations and urbanization rates could significantly impact enterprise growth in this sector.
