Hello Sachin!
It´s the classical market sizing, and there are many ways to tackle it.
PM me if you want, since one of my cases precisely is about the privatization of a highway, including a market sizing on the number of users.
One of many options:
Hope it helps!
Cheers,
Clara
Hi Sachin,
First, you need to be very careful with daily! Are we talking weekends, weekdays, or overall?
Estimation of those using m25 for work
Estimation of those using m25 for leisure
Then add the two together :)
Hello,
Completely agree with the proposed approaches but I could have started with a segmentation into 3 buckets
1) People who go to work or come back from work
2) vacationers or people passing through (probably with a peak at Christmas and during summer vacation periods).
3) Road workers (trucks, salespeople, ...)
Best,
David