In 2024, approximately 22.81 million people lived in the São Paulo metropolitan area, making it the biggest in Latin America and the Caribbean and the fifth most populated in the world. The homonymous state of São Paulo was also the most populous federal entity in the country. The second place for the region was Mexico City with 22.51 million inhabitants.
Brazil's cities
Brazil is home to two large metropolises, only counting the population within the city limits, São Paulo had approximately 12.4 million inhabitants, and Rio de Janeiro around 6.8 million inhabitants. It also contains a number of smaller, but well known cities such as Brasília, Salvador, Belo Horizonte and many others, which report between 2 and 3 million inhabitants each. As a result, the country's population is primarily urban, with nearly 85 percent of inhabitants living in cities.
Mexico City
Mexico City's metropolitan area ranks fifth in the ranking of most populated cities in the world. Founded over the Aztec city of Tenochtitlan in 1521 after the Spanish conquest as the capital of the Viceroyalty of New Spain, the city still stands as one of the most important in Latin America. Nevertheless, the preeminent economic, political, and cultural position of Mexico City has not prevented the metropolis from suffering the problems affecting the rest of the country, namely, inequality and violence. Only in 2021, the city registered a crime incidence of 45,336 reported cases for every 100,000 inhabitants and around 32 percent of the population lived under the poverty line.
As of 2023, the top five most densely populated cities in Latin America and the Caribbean were in Colombia. The capital, Bogotá, ranked first with over 18,241 inhabitants per square kilometer.
Based on land area, Brazil is the largest country in Latin America by far, with a total area of over 8.5 million square kilometers. Argentina follows with almost 2.8 million square kilometers. Cuba, whose surface area extends over almost 111,000 square kilometers, is the Caribbean country with the largest territory.
Brazil: a country with a lot to offer
Brazil's borders reach nearly half of the South American subcontinent, making it the fifth-largest country in the world and the third-largest country in the Western Hemisphere. Along with its landmass, Brazil also boasts the largest population and economy in the region. Although Brasília is the capital, the most significant portion of the country's population is concentrated along its coastline in the cities of São Paulo and Rio de Janeiro.
South America: a region of extreme geographic variation
With the Andes mountain range in the West, the Amazon Rainforest in the East, the Equator in the North, and Cape Horn as the Southern-most continental tip, South America has some of the most diverse climatic and ecological terrains in the world. At its core, its biodiversity can largely be attributed to the Amazon, the world's largest tropical rainforest, and the Amazon river, the world's largest river. However, with this incredible wealth of ecology also comes great responsibility. In the past decade, roughly 80,000 square kilometers of the Brazilian Amazon were destroyed. And, as of late 2019, there were at least 1,000 threatened species in Brazil alone.
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This list ranks the 269 cities in the South Carolina by Non-Hispanic Some Other Race (SOR) population, as estimated by the United States Census Bureau. It also highlights population changes in each cities over the past five years.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates, including:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
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This list ranks the 269 cities in the South Carolina by Non-Hispanic Black or African American population, as estimated by the United States Census Bureau. It also highlights population changes in each cities over the past five years.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates, including:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 118.4(USD Billion) |
MARKET SIZE 2024 | 145.13(USD Billion) |
MARKET SIZE 2032 | 740.17(USD Billion) |
SEGMENTS COVERED | Type ,Application ,Size ,Funding Source ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | 1 Growing urban population 2 Increasing government investments 3 Technological advancements 4 Rising demand for sustainable solutions 5 Growing awareness of smart city benefits |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Toshiba ,Accenture ,IBM ,Schneider Electric ,SAP ,Cisco Systems ,GE ,Microsoft ,Honeywell ,Ericsson ,Huawei ,Oracle ,Intel ,ABB ,Siemens |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Smart city infrastructure development 364 billion by 2027 Smart transportation solutions 376 billion by 2028 Smart energy and utilities 217 billion by 2027 Smart building and home automation 277 billion by 2028 Smart healthcare and emergency response 223 billion by 2028 |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 22.58% (2025 - 2032) |
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The Latin American residential real estate market, valued at $477.77 million in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 8.32% from 2025 to 2033. This growth is fueled by several key factors. Rapid urbanization across major Latin American cities like Mexico City, São Paulo, and Bogotá is driving significant demand for housing, particularly apartments and condominiums. Furthermore, a growing middle class with increased disposable income is fueling demand for both affordable and luxury housing options. Government initiatives aimed at improving infrastructure and fostering economic development in various regions are also contributing to market expansion. The market is segmented by property type (apartments and condominiums, landed houses and villas) and geography (Mexico, Brazil, Colombia, and the Rest of Latin America), with Brazil and Mexico anticipated to represent the largest shares due to their larger populations and economies. While challenges such as economic volatility and fluctuating interest rates exist, the long-term outlook remains positive, driven by sustained population growth and ongoing investment in the sector by major players such as JLL, CBRE, MRV Engenharia, and others. However, the market faces some headwinds. Construction costs, particularly for materials, can be volatile and influence pricing. Regulatory hurdles and bureaucratic processes in some countries can slow down project development. Furthermore, ensuring sustainable and environmentally responsible construction practices is becoming increasingly important for developers to attract environmentally conscious buyers. Successfully navigating these challenges will be crucial for continued market expansion. The segment of landed houses and villas is expected to witness strong growth, albeit potentially at a slower pace than apartments and condominiums, driven by a demand for larger spaces and a preference for suburban living among higher-income demographics. The Rest of Latin America segment presents significant untapped potential for future growth as economies develop and infrastructure improves. Recent developments include: November 2023: CBRE, a prominent global consultancy and real estate services firm, unveiled its latest initiative, the Latam-Iberia platform. The platform's primary goal is to reinvigorate the real estate markets in Europe and Latin America while fostering investment ties between the two regions. By enhancing business collaborations and amplifying the visibility of real estate solutions, CBRE aims to catalyze growth in the sector., May 2023: CJ do Brasil, a subsidiary of multinational firm CJ Bio, completed its USD 57 million plant expansion in Piracicaba, 160 km from Brazil's capital. CJ Bio is renowned for its expertise in amino acid production. The expansion is projected to create 650 new job opportunities, and the investment also encompasses the establishment of residential, research, and development centers.. Key drivers for this market are: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Potential restraints include: Increase in Population is Boosting the Residential Real Estate Market, Rapid Growth in Urbanization. Notable trends are: Increase in Urbanization Boosting Demand for Residential Real Estate.
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Context
This list ranks the 307 cities in the South Dakota by Multi-Racial Some Other Race (SOR) population, as estimated by the United States Census Bureau. It also highlights population changes in each cities over the past five years.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates, including:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
Santiago, Chile's capital and largest city, was considered the smartest city in Latin America in 2019. That year, the city achieved an overall score of 59.45 points. Buenos Aires, the capital city of Argentina, ranked second, with 54.71 score points. Meanwhile, the Dominican Republic's Santo Domingo was the highest ranking Caribbean city, with a 40.39 score.
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The concentration of people living in small areas has increased in the last decade, with more than half of the world's population living in cities. This is particularly true for Latin America, a region with no particular high contribution to the world total population, but hosts several large cities. The increase in urbanization causes several threats to wildlife that face the loss of their habitat and novel environmental pressures. As the number of wildlife entering cities seems to have increased in the last year, we characterize the temporal and geographical events of a widely distributed carnivore, the puma, Puma concolor. We performed an exhaustive search for media news regarding the sighting, capture, and/or killing of pumas within human settlement areas, and tried to relate them with potential explanatory variables. We found a total of 162 events in Latin America in a period of the last 10 years, particularly concentrated in the year 2020. Most records came from Brazil, followed by Argentina, Chile, and Mexico. Of the total, 41% were only sightings, 58% were captures, and a minor percentage were considered as mascotism. Almost the same number of records came from highly populated areas (cities) than from low populated areas (rural) but with important differences between countries. The countries with more records in urban areas (Brazil and Mexico) showed a larger surface occupied by cities. The countries with most records in rural areas (Argentina and Chile) present the opposite pattern of occupied surface. This might indicate that different percentages of areas dedicated to cities or urban spaces might explain the differences among countries. The most important variable related to puma events in the populated areas was sky brightness, while human density and cattle density explained minor parts. The “anthropause” due to the COVID-19 pandemic might explain the larger number of records from 2020, while the absence of high-quality habitats due to fragmentation and high cattle density, might force the pumas to enter populated areas searching for food. Minor values of night lights could be related to a facilitation of efficiency of foraging behavior. Although some bias might exist in the data, the results should be taken into account as general statements for all analyzed countries.
As of 2024, an estimate of 7.93 million people lived in Bogotá — the capital of Colombia and most populated city in the country. With 2.62 million, Medellín ranked second that year in the list of largest Colombian cities. Cali, located at the southwest of the country, followed closely behind with nearly 2.3 million inhabitants.
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According to Cognitive Market Research, the global smart cities market size is USD 552158.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 220863.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1656432771.08 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 126996.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 27607.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 11043.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.
The smart transportation
Market Dynamics of Smart cities Market
Key Drivers for Smart cities Market
Rapid urban growth to increase the demand globally
Rapid urban growth is significantly driving the global demand for smart city solutions. As cities expand, the need for efficient management of resources and infrastructure becomes critical. This urbanization surge is accompanied by increasing populations, leading to greater strain on transportation systems, energy supplies, and public services. To address these challenges, cities worldwide are turning to smart technologies. These innovations enhance urban living by improving traffic management, reducing energy consumption, and streamlining waste disposal. Additionally, smart solutions foster economic development and environmental sustainability. By leveraging advanced technologies such as IoT and AI, urban areas can become more resilient, adaptive, and efficient. This transformation is essential for accommodating the burgeoning urban populations and ensuring sustainable growth in the future.
Policies and funding for smart city projects to propel market growth
Policies and funding for smart city projects are crucial drivers of market growth, providing the necessary framework and resources for development. Governments worldwide are recognizing the importance of smart cities in addressing urban challenges and enhancing the quality of life. By implementing supportive policies, they create an environment conducive to innovation and collaboration between public and private sectors. Significant financial investments are being directed towards infrastructure upgrades, technology deployment, and research initiatives. These funds facilitate the integration of advanced technologies such as IoT, AI, and data analytics into urban planning and management. Additionally, grants and incentives encourage businesses and startups to participate in smart city initiatives. This robust support accelerates the development and adoption of smart city solutions, driving substantial market expansion and progress.
Restraint Factor for the Smart cities Market
Challenges in ensuring different systems and technologies work seamlessly together to Limit the Sales
Ensuring different systems and technologies work seamlessly together poses significant challenges that can limit sales in the smart cities market. Interoperability issues arise due to the diverse range of technologies, platforms, and standards used in smart city solutions. These discrepancies can lead to integration difficulties, where systems fail to communicate effectively, resulting in inefficiencies and data silos. Additionally, the lack of unified standards and protocols complicates the deployment and scaling of smart solutions. This fragmentation not only increases implementation costs but also deters potential investors and city planners wary of technical complexities and risks. As a result, the market's growth is hampered by the slow adoption rate, as stakeholders seek reliable and compatible solutions to ensure seamless operation and long-term sustainability.
Impact of Covid-19 on the Smart cities Market
The COVID-19 pandemic has had a notable negative impact on the smart cities market. Economic downturns and budget reallocations have led to ...
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 9.76(USD Billion) |
MARKET SIZE 2024 | 10.57(USD Billion) |
MARKET SIZE 2032 | 20.0(USD Billion) |
SEGMENTS COVERED | Technology, Application, End Use, Deployment Mode, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Growing urbanization and congestion, Rising demand for accurate navigation, Increasing adoption of connected vehicles, Technological advancements in IoT, Government initiatives for smart cities |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Apple, Inrix, Waze, Google, Sygic, Mapbox, Zenrin, Acusensus, TrafficVision, TrafficCast, TomTom, ClearChannel, HERE Technologies, Cisco, Nuances |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Smart city integration, Increased demand for navigation apps, Growth in autonomous vehicle technology, Enhanced public transportation systems, Real-time data analytics services |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.29% (2025 - 2032) |
The Latin American video surveillance market is experiencing robust growth, projected to reach a market size of $3.87 billion in 2025, expanding at a compound annual growth rate (CAGR) of 5.50% from 2025 to 2033. This expansion is driven by several key factors. Increased urbanization across major Latin American cities like Mexico City, Sao Paulo, and Buenos Aires is fueling demand for enhanced security solutions in both public and private spaces. Furthermore, rising concerns about crime and the need for improved public safety are prompting governments and businesses to invest heavily in sophisticated video surveillance systems. The adoption of advanced technologies, such as cloud-based video surveillance as a service (VSaaS) and artificial intelligence (AI)-powered video analytics, is further accelerating market growth. These technologies offer enhanced capabilities, including real-time threat detection, facial recognition, and license plate recognition, improving security effectiveness and operational efficiency. The diverse segments within the market, including hardware (cameras, storage), software (video analytics, video management software), and services (VSaaS), offer various options catering to the varying needs of commercial, infrastructure, institutional, industrial, defense, and residential end-users. The market's growth is not uniform across all segments and regions. While the hardware segment currently dominates, the software and services segments are experiencing faster growth rates, fueled by the increasing adoption of cloud-based solutions and the demand for intelligent video analytics. Geographically, countries like Brazil and Mexico are leading the market due to their larger economies and higher investment in security infrastructure. However, other countries in the region are also showing promising growth potential, driven by increasing government initiatives and private sector investments in security technology. While challenges such as economic instability in certain regions and concerns about data privacy might act as restraints, the overall growth trajectory remains positive, indicating a substantial opportunity for stakeholders involved in the Latin American video surveillance market. Recent developments include: January 2024: A new video management software was implemented in San Miguel de Tucumán to manage Argentina's modern video surveillance system. The newly implemented Axxon One VMS platform allows 911 center personnel to autonomously manage cameras with advanced functionalities such as face detection, license plate recognition, infrared rays, video walls, and other resources that increase real-time monitoring efficiency., October 2023: New surveillance system comprising MIC IP ultra 7100i cameras of Bosch was installed at the port of Paracas in Peru. The newly installed camera system features 12x zoom and optical image stabilization (OIS). Also, features such as mobile pan, tilt, and zoom (PTZ) devices give the cameras excellent coverage of large areas.. Key drivers for this market are: Government Initiative to Enhance the Adoption of Advanced Security & Surveillance Solutions, Technological Innovation in Video Surveillance Systems/Solutions. Potential restraints include: Government Initiative to Enhance the Adoption of Advanced Security & Surveillance Solutions, Technological Innovation in Video Surveillance Systems/Solutions. Notable trends are: The Camera Segment to Hold a Significant Market Share.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 81.15(USD Billion) |
MARKET SIZE 2024 | 94.94(USD Billion) |
MARKET SIZE 2032 | 332.96(USD Billion) |
SEGMENTS COVERED | Type of Smart Government Service ,Deployment Model ,Organization Size ,Vertical ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | 1 Rising Adoption of Cloud and IoT Technologies 2 Growing Demand for Citizen Engagement Platforms 3 Increasing Government Focus on Digital Transformation 4 Surge in Cybersecurity Concerns 5 Need for Improved Service Delivery |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | PwC ,Wipro Limited ,Deloitte ,Atos SE ,McKinsey & Company ,General Dynamics Information Technology, LLC ,Accenture ,Infosys Limited ,Cisco Systems, Inc. ,SAP SE ,Larsen & Toubro Infotech Limited ,EY ,HCL Technologies Limited ,KPMG LLP ,IBM Corporation |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | 1 Digital Service Transformation 2 Cloudbased Government Services 3 Data Analytics and AI Integration 4 Mobile Government Solutions 5 Smart City Development |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 16.99% (2025 - 2032) |
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A dataset listing Maine cities by population for 2024.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 2.84(USD Billion) |
MARKET SIZE 2024 | 3.34(USD Billion) |
MARKET SIZE 2032 | 12.0(USD Billion) |
SEGMENTS COVERED | Application, Deployment Model, Technology, End Use, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing urban population, Demand for sustainability, Government investments in infrastructure, Advancement in IoT technology, Growth of data analytics tools |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Intel, Microsoft, IBM, Google, Deloitte, Siemens, Oracle, Amazon Web Services, Accenture, TIBCO Software, Hewlett Packard Enterprise, Palantir Technologies, SAP, Cisco Systems, Hitachi |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Smart transportation solutions, Energy optimization systems, Enhanced public safety analytics, Urban sustainability initiatives, Real-time data integration platforms |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 17.35% (2025 - 2032) |
Cancún (Mexico) was the city with the largest international visitor spending in Latin America in 2018 with more than 5.3 billion U.S. dollars. It was followed by Punta Cana (Dominican Republic) with a total visitor spending of 4.45 billion dollars.
Bus Market Size 2024-2028
The bus market size is estimated to increase by USD 19.07 billion, growing at a CAGR of 6.73% between 2023 and 2028. Market expansion hinges on various factors such as accelerated urbanization, stringent government regulations, incentives, and effective congestion and traffic management strategies. As cities grow rapidly, there is an increased demand for solutions that streamline transportation and infrastructure development. Government policies and incentives play a pivotal role in shaping market dynamics, encouraging innovation and investment in urban planning and mobility solutions. Effective congestion and traffic management strategies are crucial to optimizing urban mobility, reducing environmental impact, and enhancing quality of life. These factors collectively drive market growth in sectors ranging from transportation infrastructure and smart city technologies to sustainable urban development initiatives. Emphasizing sustainable and efficient urban solutions remains essential in meeting the challenges posed by urbanization while fostering economic growth and environmental stewardship.
What will be the Size of the Bus Market During the Forecast Period?
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Market Dynamics
In the transportation sector, vehicle configuration and fuel category significantly influence operating costs and fuel expenditures for various vehicles, including diesel transit vehicles and luxury coaches used in the tourism sector. With fluctuations in fossil fuel prices, operators of transit buses and tour buses navigate economic challenges while balancing passenger revenue and optimizing routes across the road network. Digital innovations like online ticketing and machine learning (ML) enhance operational efficiencies and passenger experience, streamlining booking processes and optimizing schedules. Addressing environmental pollution, particularly from air travel and road-based transport such as intercity and intracity buses, remains a priority. Governments and industry leaders focus on sustainable practices and integrating digital technology to mitigate environmental impacts while meeting the demands of modern transportation systems and enhancing overall travel experiences.
Key Driver
Rapid urbanization is the key factor driving the growth of the global market. Rapid urbanization has become a key driver for the global market in several countries, including the US, China, and India. There is a growing need for effective and environmentally friendly public transport systems, especially these vehicles, as cities such as Mumbai and Bangalore expand and populations concentrate in urban areas. The requirement to meet the transit needs of an expanding metropolitan population is a major driver of the global bus market. The Chinese government has made significant investments in public transportation infrastructure to accommodate the increased demand for public transportation in metropolitan areas, notably BRT networks.
Moreover, in China, more than 40 BRT lines were operating by 2020, handling millions of passengers daily. According to the United Nations Department of Economic and Social Affairs, 68% of the world's population is expected to reside in urban areas by 2050. This indicates the increased future demand for buses across the world, which is expected to drive the growth of the market during the forecast period.
Significant Trends
Technological advancements in electric vehicles are the primary trend shaping the global bus market growth. Since the global market is growing moderately, many manufacturers are entering into electric vehicle manufacturing. In addition, the need for technological advancements is also high - a factor that is encouraging electric bus manufacturers to focus on advancements in collaboration with technology-based companies. In line with this, Volvo and Nanyang Technological University in Singapore have signed a cooperation agreement on an R&D program for autonomous electric buses as a drive to create new solutions for sustainable public transport. It is expected that this technology, which is being developed by Volvo, will contribute to the future autonomous applications of Volvo.
Another technological advancement has been made to address the difficulty in charging - Li-ion batteries that can be charged with the help of solar power. For instance, Kiira Motors, a Uganda-based company, has come up with the Kayoola bus concept, which can run on solar power. Hence, the adoption of electric buses and significant technological advancements are expected to drive the demand for electric buses, which, in turn, will drive the market growth and trends during the forecast period.
Major Challenge
Inadequate bus infrastructure is a major challenge impeding the growth of the global market. The global market has significant challenges due to poor infrastructure, particularly in urb
The highest city in the world with a population of more than one million is La Paz. The Capital of Bolivia sits 3,869 meters above sea level, and is more than 1,000 meters higher than the second ranked city - Quito. La Paz is also higher than Mt. Fuji in Japan, which has a height of 3,776 meters. Many of the world's highest cities are located in South America. The only city in North America that makes the top 20 list is Denver, Colorado, which has an altitude of 1,673 meters.
In 2024, approximately 22.81 million people lived in the São Paulo metropolitan area, making it the biggest in Latin America and the Caribbean and the fifth most populated in the world. The homonymous state of São Paulo was also the most populous federal entity in the country. The second place for the region was Mexico City with 22.51 million inhabitants.
Brazil's cities
Brazil is home to two large metropolises, only counting the population within the city limits, São Paulo had approximately 12.4 million inhabitants, and Rio de Janeiro around 6.8 million inhabitants. It also contains a number of smaller, but well known cities such as Brasília, Salvador, Belo Horizonte and many others, which report between 2 and 3 million inhabitants each. As a result, the country's population is primarily urban, with nearly 85 percent of inhabitants living in cities.
Mexico City
Mexico City's metropolitan area ranks fifth in the ranking of most populated cities in the world. Founded over the Aztec city of Tenochtitlan in 1521 after the Spanish conquest as the capital of the Viceroyalty of New Spain, the city still stands as one of the most important in Latin America. Nevertheless, the preeminent economic, political, and cultural position of Mexico City has not prevented the metropolis from suffering the problems affecting the rest of the country, namely, inequality and violence. Only in 2021, the city registered a crime incidence of 45,336 reported cases for every 100,000 inhabitants and around 32 percent of the population lived under the poverty line.