Global Public Transportation Market Size, Trends, and Growth Strategies (2025-2032)

The public transportation industry continues to evolve rapidly, driven by urbanization and increasing demand for sustainable travel solutions.
Market Size and Overview
The Global Public Transportation Market is estimated to be valued at USD 526.39 Bn in 2025 and is expected to reach USD 711.56 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.4% from 2025 to 2032
This positive Public Transportation Market forecast is propelled by growing investments in mass transit infrastructure worldwide and rising government initiatives to reduce urban congestion and emission levels.
Market Segments
The public transportation market can be broadly segmented into mode of transportation, service type, and geographic region.
- Mode of Transportation: This includes buses, metros, trams, and railways. Among these, railways remain the dominant sub-segment due to robust networks in Asia-Pacific and Europe, supported by MTR and Deutsche Bahn expansions in 2024-2025.
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