Mobility as a Service Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Mobility as a Service Market.
The global Mobility as a Service Market size is projected to reach a CAGR of 31.2% from 2023-2030.
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Mobility as a service integrates various forms of transportation services. It allows a variety of transportation services access, including public transport, ride-share, and rental.
The transportation sector holds a substantial share in contributing to air pollution worldwide. Increasing air pollution globally owing to heavy vehicular traffic is, in turn, creating a need for an alternative form of transportation. The rising popularity and adoption of shared mobility are expected to drive market growth over the forecast period. Car sharing is considered to be a cost-effective alternative to car ownership as it reduces the maintenance and fuel cost of consumers and also helps to reduce the air pollution level.
Regional Analysis
Asia Pacific to Dominate the Market
Asia Pacific is projected to be the largest mobility as a service market during the forecast period.
A high population growth rate and increasing urbanization in the region have intensified the need for efficient transportation. Developing countries in the Asia Pacific is expected to experience significant growth in urban transportation with many countries in the region shifting their focus toward smart personal mobility to reduce travel time and congestion.
Competitive Landscape
• Lyft, Inc.
• Moovit, Inc.
• Uber Technologies, Inc
• Communauto, Inc
• Citymapper, Ltd
• MaaS Global Oy
• uBIgO Innovation AB
• SkedGo Pty, Ltd.
• Moovel Group GmbH
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Recent Developments
• February 2022: Uber announced the expansion of its offering to include a B2B service called “Uber Bus for Business” as a global first from Egypt.
• May 2021: Uber announced a strategic partnership with Arrival, the global technology company creating electric vehicles. Uber entered into the partnership to develop and deploy an electric fleet on its ride-hailing platform.
Mobility as a Service Market is segmented into various segments such as service type, solution type, transportation type, vehicle type, application type, operating system, business model, propulsion type, mode, and region:
On the basis of service type
• Ride Hailing
• Car Sharing
• Micromobility
• Bus Sharing
• Train Services
On the basis of solution type
• Technology Platforms
• Payment Engines
• Navigation Solutions
• Telecom Connectivity Providers
On the basis of transportation type
• Public
• Private
On the basis of vehicle type
• Micromobility
• Four-wheelers
• Buses
• Trains
On the basis of application type
• Personalized Application Services
• Journey Management
• Journey Planning
• Flexible Payments & Transactions
On the basis of the operating system
• Android
• iOS
• Others (Linux, Symbian OS, Blackberry OS, Windows, and KaiOS)
On the basis of the business model
• Business-to-Business
• Business-to-Consumer
• Peer-to-Peer
On the basis of propulsion type
• ICE Vehicle
• Electric Vehicle
• Hybrid Electric Vehicle
• CNG/LPG Vehicle
On the basis of the mode
• Public
• Private
On the basis of region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
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In addition to the market data for the Mobility as a Service Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.
Frequently Asked Questions:
What are the years considered to study Mobility as a Service Market?
The Mobility as a Service Market is studied from 2023-2030.
What is the compound annual growth rate (CAGR) of the Mobility as a Service Market?
The Mobility as a Service Market is growing at a CAGR of 31.2% during the forecast period.
Which region holds the largest market share in the Mobility as a Service Market?
Asia Pacific holds highest share in 2022 for the Mobility as a Service Market.
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