Industry Outlook and Trend Analysis

The Mobility as a Service Market has encountered substantial development in the recent years and is foreseen to grow tremendously over the forecast period. Mobility as a service (MaaS) is software based, online venture mobility solution that enables organizations to manage the mobile devices of their employees. Similarly as with on-demand cloud computing services, on-site servers and support equipment are not required. The mobile applications stage and device management highlights are provided for one month service charge. Highlights of MaaS platforms can incorporate the capacity to provision, secure and manage devices from a solitary portal, alongside support for existing enterprise apps, secure content using containers, centralized policy management and reporting and analytics for the overall system.

Drivers and Restraints

Mobility as a Service (MaaS) is characterized as the integration of different types of transport into a solitary mobility service, available on request. The point of MaaS is to give an option to the private car and adoption could bring several advantages, including reduction of congestion and fewer constraints in transport capacity, increased convenience and sustainability thereby boosting the development of the market. MaaS is an advantageous market for new transport services which is the major opportunity for new market entrances. Re-established opportunities for the conventional transport and infrastructure business areas are a part of innovative service concepts and co-operation.

Market Segmentation

The Mobility as a Service Market is segmented on the basis of type, application, service and end user. Based on type the market is segmented into buses, cabs, flights and others. Based on application the market is segmented into personalized application service, flexible payment, journey planning, dynamic journey management and transactions. Based on service the market is segmented into E hailing services, car sharing services, bike sharing services, self-driving car services, pop up bus services, maas customer transaction validation, ride sharing, pricing information, available routes, asset usage by customers, real time asset/vehicle position and transport operator assets and services out of which the ride sharing segment is foreseen to encounter tremendous growth as it provides detailed information to customers on the cost of travelling. Based on end user the market is segmented into private sector and public sector.

Regional Outlook and Trend Analysis

Technological progressions in convenience of transportation system to deal with traffic control and cover the distance in time has driven the market of Mobility as a Service in North America. Europe is likewise reflecting a positive hint towards online mobility services at an extremely quick pace in the Mobility as a Service market amid the conjecture time frame as MaaS is giving best administrations to movement and security to the travellers. Asia-Pacific nations like China, Japan and India have demonstrated significant share in the Mobility as a Service market yet will develop quick in coming time.

Competitive Insights

The leading players in the market are car2go, RidePal, Grab, Wiwigo technologies, LeCab, Cabify, Service Market are –Lyft, Uber, Hailo, MakeMyTrip, Ola Cabs and Bridj. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Mobility as a Service Market is segmented as follows-

By Type:


Buses
Cabs
Flights
Others


By Application:


Personalized application service
Flexible payment
Journey planning
Dynamic journey management
Transactions


By Service:


E hailing services, car sharing services,
Bike sharing services,
Self-driving car services,
Pop up bus services,
Maas customer transaction validation,
Ride sharing,
Pricing information,
Available routes,
Asset usage by customers,
Real time asset/vehicle position
Transport operator assets and services


By End User:


Private sector
Public sector


By Region


North America


U.S.
Canada
Mexico


Europe

Germany
UK
France
Russia
Italy
Rest of Europe


Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific


South America

Brazil
Argentina
Columbia
South Africa
Rest of South America


Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA




Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?