Buses

Revenue in the Buses segment is projected to reach US$14,165m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 13.32%, resulting in a projected market volume of US$23,358m by 2025.
In the Buses segment, the number of users is expected to amount to 528.7m users by 2025.
User penetration is 6.6% in 2021 and is expected to hit 6.8% by 2025.
The average revenue per user (ARPU) is expected to amount to US$28.67.
In the Buses segment, 56% of total revenue will be generated through online sales by 2025.
In global comparison, most revenue will be generated in China (US$3,540m in 2021).