The global Mobility as a Service (MaaS) market size reached USD 3.14 Billion in 2021 and is expected to register a revenue CAGR of 32.8% during the forecast period, according to latest analysis by Emergen Research. Increasing need for decreasing congestion in urban areas and for reducing costs per user are expected to support market revenue growth between 2022 and 2030. In addition, increasing need to reduce pollution to improve air quality is expected to drive revenue growth of the market. Increasing urbanization has resulted in a rapid increase in the number of vehicles on the road, resulting in air pollution, which is a serious issue, and a solution is required to alleviate the problem. MaaS is the best solution to the problem as it will reduce the number of vehicles by integrating the planning, booking, and payment in a range of public as well as private transport. Additionally, MaaS reduces the time and cost spent on regular maintenance of owned vehicles. Furthermore, increasing use of Artificial Intelligence (AI), big data, and the Internet of Things (IoT) for transport planning further improves mobility options for urban residents. Moreover, increasing need for faster, convenient, and safer mode of transportation is expected to drive the market revenue growth during the forecast period.
The latest market intelligence study, called “Global Mobility as a Service Market Forecast to 2027,” jots down some of the most prominent growth potentials of the global Mobility as a Service market. The report is primarily targeted at the industry stakeholders looking to capitalize on this report’s contents to make improved business decisions. The report is further intended to help the readers gain vital insights into the global market, particularly the prevailing growth opportunities and competitive scenario.
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The leading market contenders listed in the report are:
UbiGo AB, Beeline Singapore, Shuttl, Uber technologies, Citymapper, Ola, Moovel Group GmBH, Lyft, Inc., Smile Mobility, Communauto
Key reasons to buy the Global Mobility as a Service Market report:
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The latest report comprehensively studies the global Mobility as a Service market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Mobility as a Service Market
Service Type Outlook (Revenue, USD Billion; 2017-2027)
- Ride-hailing
- Self-driving car service
- Bi-cycle sharing
- Car sharing
- Bus sharing
Application Outlook (Revenue, USD Billion; 2017-2027)
- Android
- iOS
- Others
Business Model Outlook (Revenue, USD Billion; 2017-2027)
- B2B
- B2C
- P2P Rentals
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Regional Outlook of the Mobility as a Service Market
The global Mobility as a Service market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Mobility as a Service market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
The research provides answers to the following key questions:
- What will be the growth rate of the Mobility as a Service market for the forecast period, 2020 to 2030? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Mobility as a Service market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Mobility as a Service market for the forecast period, 2022 to 2030?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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