The outstation bus market is expected to increase at a CAGR of over 13%.

The outstation travel sector in India is virtually untapped by organized operators. As to the country's population and fast urbanization, there is a growing demand for various means of transportation, both personal and public.

IntrCity SmartBus, the largest tech-enabled fleet of intercity buses, has put out a report titled "Top Trends Driving Growth of Outstation Bus Market. " in partnership with 1Lattice, a technology-enabled consulting, advisory, and research organization.

According to a survey by IntrCiy Smart Bus and 1Lattice, the outstation bus market would increase at a compound annual growth rate of 10-13 per cent over the next five years.

According to the analysis, the Indian outstation market is worth approximately US$ 66 billion in FY20, with the outstation bus market accounting for approximately 46 per cent of that total.

According to the report, full-stack tech aggregators have democratized the usage of superior and end-to-end technology for improved operations and consumer experience.

The report examines the criteria of choice for outstation bus travellers across various service providers, as well as how those choices change with different conditions. Furthermore, it investigates the drivers and constraints to internet adoption for outstation bus travel and highlights infrastructure development in India for various modes of transportation.

The outstation travel sector in India is virtually untapped by organized operators. As to the country's population and fast urbanization, there is a growing demand for various means of transportation, both personal and public.

According to Kapil Raizada, Co-founder Of IntrCity SmartBus, "With increased urbanisation and increasing need for inexpensive transportation options, there is a great possibility for the rise of inter-city buses. Internet penetration for outstation bus travel might potentially reach 25% with a shift in customer behaviour and an overhaul of bus operator business procedures."

The report's findings emphasize the potential of India's online bus market, which is predicted to reach 10% but has the ability to rise to 25% due to a shift in customer behaviour and a revamp of bus operator business processes. The report additionally addresses the possibilities for outstation travel operators to increase their reach outside metro and tier-1 hubs by focusing on price as the primary product.

It also explains why firms select full-stack tech aggregators, such as the need for a consistent revenue stream and a stronger value proposition in terms of operating and revenue circumstances.