Mobility As a Service (MaaS) Market size was valued at US$ 7.15 Billion in 2023 and the total Mobility As a Service (MaaS) Market revenue is expected to grow at 30.18% through 2024 to 2030, reaching nearly US$ 45.36 Billion.
Mobility As a Service (MaaS) Market Overview
The Mobility as a Service (MaaS) market is transforming urban transportation by integrating various transportation services into a single accessible platform, enabling users to plan, book, and pay for a variety of mobility services through a single application. This innovative approach is driven by the rising demand for efficient and sustainable transportation solutions, urbanization, and the need to reduce traffic congestion and environmental impact. MaaS encompasses a range of services, including public transit, ride-sharing, bike-sharing, and car rentals, making it easier for consumers to navigate complex urban environments. As cities continue to prioritize smart mobility initiatives, investments in digital infrastructure and partnerships between transportation providers are fueling market growth.
Market Forecast and Key Dynamics:
The Mobility as a Service (MaaS) market is anticipated to witness substantial growth over the forecast period, driven by several key dynamics, including increasing urbanization, rising demand for sustainable transportation solutions, and advancements in technology. The shift toward more integrated and user-friendly transportation options is prompting cities and transport providers to invest in MaaS platforms that combine various mobility services into cohesive solutions. The growing emphasis on reducing carbon footprints and traffic congestion is also catalyzing the adoption of MaaS, as it promotes the use of public transport and shared mobility options. Furthermore, the integration of emerging technologies such as artificial intelligence, big data, and IoT is enhancing the efficiency and personalization of MaaS offerings.
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Mobility As a Service (MaaS) Market Regional Insights
The Mobility as a Service (MaaS) market demonstrates distinct regional characteristics, with Europe leading the way in terms of adoption and implementation. Countries like Finland and the Netherlands are at the forefront, leveraging their advanced public transportation networks and supportive regulatory environments to promote MaaS initiatives. In North America, the market is gaining traction, driven by increasing urbanization and the need for integrated transportation solutions, with major cities exploring partnerships with tech companies to enhance mobility options. The Asia-Pacific region is also emerging rapidly, fueled by the proliferation of smartphone usage, rising income levels, and a growing focus on sustainable urban development, particularly in countries like Japan and China.
Mobility As a Service (MaaS) Market Segmentation
By Service Type
Car Sharing
Micro mobility
Ride Hailing
Bus Sharing
Train Services
By Solution Type
Navigation Solutions
Telecom Connectivity Providers
Ticketing Solutions
Insurance Services
Technology Platforms
Payment Engines
By Transportation Type
Private
Public
By Business model
P2P
B2B
B2C
By Operating System
iOS
Android
Others (Linux, Symbian OS, Blackberry OS, Windows, and KaiOS)
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Mobility As a Service (MaaS) Market Key Players
Moovit Inc. (Israel)
Citymapper (UK)
Splyt (UK)
Qixxit (Germany)
Mobilleo (UK)
MaaS Global Oy (Finland)
SkedGo Pty Ltd (Australia)
UbiGo (Sweden)
Communauto (Canada)
Tranzer (Netherlands)
Uber (USA)
Lyft (USA)
Zipcar (USA)
Lime (China)
Whim (Finland)
DiDi (China)
Key questions answered in the Mobility As a Service (MaaS) Market are:
- What is Mobility As a Service (MaaS)?
- What was the Mobility As a Service (MaaS) market size in 2021?
- What is the growth rate of the Mobility As a Service (MaaS) Market?
- Which are the factors expected to drive the Mobility As a Service (MaaS) market growth?
- What are the different segments of the Mobility As a Service (MaaS) Market?
- What growth strategies are the players considering to increase their presence in Mobility As a Service (MaaS)?
- What are the upcoming industry applications and trends for the Mobility As a Service (MaaS) Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Mobility As a Service (MaaS) Market?
- What segments are covered in the Mobility As a Service (MaaS) Market?
- Who are the leading companies and what are their portfolios in Mobility As a Service (MaaS) Market?
- What segments are covered in the Mobility As a Service (MaaS) Market?
- Who are the key players in the Mobility As a Service (MaaS) market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by Different Segment | 2022-2027
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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