Sector report: Transport
The global transit and ground passenger transport market is expected to decline from $479.4bn in 2019 to $472.9bn in 2020 due to the economic slowdown induced by the pandemic and stay-at-home orders around the globe, according to the “Transit and ground passenger transport global market report 2020-30: Covid-19 impact and recovery” report by the consultancy Business Research Company (BRC).
The same report, however, also suggests the market is also expected to recover and grow at a CAGR of 8% from…
