The GMI Research expects the Mobility as a service market to expand at a significant rate. From a regional perspective, Europe is projected to dominate the market due to the significant shift of the government towards supporting the adoption of public transportation and strategies to move towards MaaS-based transportation systems to minimize traffic and vehicle emission.
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Mobility as a Service Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The global Mobility as a service market is expected to grow at a significant rate during the forecast period due to the rapid urbanization, rising population, growing global pollution level owing to vehicle emission, and increasing adoption of the intelligent transportation system. As per United Nations, around 55 percent of the world’s population lives in urban areas, and it is predicted to rise to 68% by the end of 2050. This is anticipated to boost the problem of urban traffic congestion, thus contributing to the growth of the market in the upcoming years. The Mobility as a Service offers several advantages that include personalized service for users, real-time route planning, smartwatches, and bank cards, decreased traffic congestion, simplified payment using phones, and surges in the level of road safety is one of the emerging mobility as a service trends, thus this factor is projected to propel the growth of the Mobility as a service market size.
The strong presence of numerous Maas solutions, such as ridesharing apps like BlaBla Car, Hitch, Uber, Via, LYFT; peer-to-peer rental services that include Flexicar, GoGet, car2Go, Turo, Getaround; micro-mobility services like Jump Bike, Lime Scooters, are expected to create various new growth opportunities to the market in the upcoming years. The Mobility as a Service market report, the emergence of the COVID-19 pandemic has negatively impacted several industries, such as hospitality, travel, and ridesharing, which will restrain the growth of the market, especially in 2021. On the other hand, the factors restraining the growth of the market include limited robust network infrastructure in emerging and underdeveloped economies and increasing data privacy and security concerns.
Mobility as a Service Market’s leading Manufacturers:
- Moovit Inc.
- MaaS Global Oy
- Citymapper
- Mobilleo
- SkedGo Pty Ltd
- UbiGo Innovation AB
- Splyt Technologies Ltd.
- Beijing Xiaoju Technology Co, Ltd.
- Communauto
- ANI Technologies Pvt. Ltd.
Mobility as a Service Market Segmentation:
Segmentation by Service Type:
- Ride Hailing
- Car Sharing
- Micromobility
- Bus Sharing
- Train Services
Segmentation by Transportation Type:
- Public
- Private
Segmentation by Business Model:
- Business-to-Business
- Business-to-Consumer
- Peer-to-Peer
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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