Global Mobility as a Service Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Mobility as a service (MaaS) is the combination of various modes of transport services into a single platform provided in the form of a mobile application. Mobility as a service operator offers ride-, Car- or bike-sharing, Public transport, taxi or Car rental/lease, or a combination of any of these. It also provides real-time information about weather or traffic and operator works with the transportation manufacturers, local fleet operators, as well as governmental bodies wil function smoothly. The increasing urbanization and smart city initiatives, improving 4G/5G infrastructure and penetration of smartphones and need to reduce CO2 emissions are the factors responsible for the growth of Mobility as a Service Market over the forecast period. Furthermore, the introduction of products and services along with other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 26th March 2019, Grab launched Trip Planner’ feature that integrates public transportation options directly into the Grab app, to enter mass market transportation services in Indonesia. Also, in February 2019, BMW Group and Daimler AG invested more than USD 1.19 billion for developing and expanding its mobility service. This investment will strengthen 14 brands that offer car-sharing, ride-hailing, parking, charging and multimodal transport. However, high initial cost and lack of technical knowledge among people is the major factor restraining the growth of global Mobility as a Service market during the forecast period.
The regional analysis of global Mobility as a Service Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies along with increasing focus on smart cities and improving 5G infrastructure.
Major market player included in this report are:
Uber Technologies Inc.
Splyt Technologies Ltd.
Transit Systems Pty. Ltd
OLA (ANI Technologies Pvt. Ltd.)
SkedGo Pty Ltd.
Moovel Group GmBH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service Type:
By Organization Size:
Small and Medium-Sized Enterprises
By Business Model:
Personalized Application Services
Dynamic Journey Management
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Mobility as a Service Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers