Mobility as a Service Market

Market Research Future Insights

The mobility as a service (MaaS) market refers to a concept that is aimed at providing a more convenient and efficient mode of transportation to users. MaaS involves combining various modes of transportation, such as buses, trains, taxis, and car rental services, into a single platform for users to access. This service is designed to make it easier for people to choose the mode of transportation that best suits their needs, while also reducing the hassle and cost of owning and operating a private vehicle. According to market research reports, the global MaaS market is expected to see significant growth in the coming years, reaching a valuation of several hundred billion dollars by 2030. The growth of the MaaS market is being driven by various factors, including the increasing popularity of ride-sharing services, advancements in technology, and the growing demand for sustainable transportation options
The Mobility as a Service Market is expected to reach over USD 510.22 Billion by the year 2030 registering a CAGR of 27.74%..
Mobility as a Service operation is carried out by integrating several modes of transportation into a single platform with the help of a mobile application. The technology helps the customer in designing the travel including the various transportation methods and payment details. Mobility as a Service is customer-centric and leads the customer to make energy-efficient and cost-effective ways of commute. Several modes of transportation can be accessed on demand. Mobility as a Service operation is carried out with the assistance of data service providers that develop real-time information regarding weather and traffic.
The rising concerns over greenhouse gas emissions, urban road traffic issues, cost-effectiveness and convenience of MaaS (Mobility as a Service Market), and rising government initiatives are smoothing the embracement of MaaS (Mobility as a Service Market), which is likely to behold the market progress.
The countries that are mostly concentrating on reducing carbon dioxide emissions have encouraged their citizens to use Mobility as a Service technology, the increasing usage of smartphones and enhanced 5G technology infrastructure has boosted the Mobility as a Service market demand in recent years.

Get Sample PDF Pages now with Some Benefits!! https://www.marketresearchfuture.com/sample_request/3109

Key Players
The Global Mobility as a Service Market key players are Daimler AG (Germany), Bayerische Motoren Werke AG (BMW) (Germany), Deutsche Bahn (Germany), Xerox Corporation (US), Lyft Inc. (US), MaaS Global Oy (Switzerland), GrabTaxi Holdings Pte Ltd. (Singapore), Beijing Xiaoju Technology Co. Ltd. (China)

Regional Analysis
The Global Mobility as a Service Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Asia Pacific is estimated to hold the largest mobility as a service market share during the forecast period and was evaluated at USD 74.45 billion in 2021. The surging cost of vehicle possession, speedy urbanization, and raising fuel prices, specifically in nations, similar to India and China, are some of the primary explanations that are prognosticated to assist Asia Pacific to continue dominating the market in the forecast period.
North America is evaluated to hold the second-largest position in the market during the forecast period. Growing awareness among consumers concerning rising releases and increasing traffic jams are the leading aspects supporting this region to maintain its position in the market.
Europe is significantly concentrating on developing solutions and services that are eco-friendly. They're thriving to reduce carbon emissions and present electric vehicles across the nation. The economic conditions of these nations and the changing preference of consumers and riders have positively influenced the Mobility as a Service market in recent years.

Market Segmentation
The Global Mobility as a Service Market is segmented into by;

Service Type

• Ride-Hailing
• Car Sharing
• Micro mobility
• Bus Sharing
• Train Services

Solution Type

• Technology Platforms
• Payment Engines
• Navigation Solutions
• Telecom Connectivity Providers
• Ticketing Solutions
• Insurance Services

Transportation Type

• Public
• Private

Vehicle Type

• Micro mobility
• Four-wheelers
• Buses
• Trains

Application Type

• Personalized Application Services
• Journey Management
• Journey Planning
• Flexible Payments & Transactions

Operating System

• Android
• iOS
• Others (Linux, Symbian OS, Blackberry OS, Windows and KaiOS)

Business Model

• Business-to-Business
• Business-to-Consumer
• Peer-to-Peer

Browse Full Report Details: https://www.marketresearchfuture.com/reports/mobility-as-a-service-market-3109

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact us                                                                                  

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]