PUBLISHER: Value Market Research | PRODUCT CODE: 1361716
PUBLISHER: Value Market Research | PRODUCT CODE: 1361716
The global demand for Mobility as a Service Market is presumed to reach the market size of nearly USD 92.79 BN by 2030 from USD 6.52 BN in 2022 with a CAGR of 34.32% under the study period 2023 - 2030.
Mobility as a Service, also called MaaS, refers to a digital platform whereby users can book and pay for multiple types of travel services. In other words, it is the merging of different modes of transport, both public and private, into one solution to make them accessible to the users. A MaaS provider combines different modes of transportation such as bus, train, metro, private taxis, and ride-sharing, such as car sharing, bike sharing etc., into a single platform and guides the users based on their destinations. This concept has become very popular in urban areas to beat the congestion and create less pollution. It is also a cheaper travel alternative. The advantage of MaaS is that travellers can pay per trip or on a monthly basis. Popular apps like Uber, Zipcar and others also offer MaaS transportation services. The highest revenue of MaaS comes from ride-sharing services.
The mobility as a Service market shows a positive trend in the projection period. The growth is attributed to the factors like increasing focus on smart city concepts from governments across the world, the need to reduce carbon emissions, growing adoption of mobility services and the popularity of smartphones. The coming of autonomous cars in the future will eliminate the private car ownership system and create many opportunities for ride-sharing services. As a result, private transportation services will experience growth. Electric vehicle mobility as a service will also create market opportunities, as it has developed innovative technologies to cut down carbon emissions and noise pollution and reduce fuel dependency. The ride-hailing segment, where the booking is made through apps, is likely to grow faster as the number of Android smartphone users has increased. The key players are developing innovative solutions, expanding their strategies, and focusing on acquisitions, collaborations, and partnerships to gain a stronghold on the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of mobility as a service. The growth and trends of mobility as a service industry provide a holistic approach to this study.
This section of the mobility as a service market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Mobility as a Service market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Mobility as a Service market include Moovit Inc. (Israel), MaaS Global Oy (Finland), Citymapper (UK), Mobilleo (UK), SkedGo Pty Ltd (Australia), UbiGo (Sweden), Splyt (UK), Qixxit (Germany), Communauto (Canada), and Tranzer (Netherlands). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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