Mobility as a Service Market to Distinguish Steadfast Growth Through the Forecast Period

Increasing need for decreasing congestion in urban areas and for reducing costs per user are some key factors driving market revenue growth

The global Mobility as a Service (MaaS) market size reached USD 3.14 Billion in 2021 and is expected to register a revenue CAGR of 32.8% during the forecast period, according to latest analysis by Emergen Research. Increasing need for decreasing congestion in urban areas and for reducing costs per user are expected to support market revenue growth between 2022 and 2030. In addition, increasing need to reduce pollution to improve air quality is expected to drive revenue growth of the market. Increasing urbanization has resulted in a rapid increase in the number of vehicles on the road, resulting in air pollution, which is a serious issue, and a solution is required to alleviate the problem. MaaS is the best solution to the problem as it will reduce the number of vehicles by integrating the planning, booking, and payment in a range of public as well as private transport. Additionally, MaaS reduces the time and cost spent on regular maintenance of owned vehicles. Furthermore, increasing use of Artificial Intelligence (AI), big data, and the Internet of Things (IoT) for transport planning further improves mobility options for urban residents. Moreover, increasing need for faster, convenient, and safer mode of transportation is expected to drive the market revenue growth during the forecast period.

The report on global Mobility as a Service market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focussing on for the estimated period. The research further holds vital information on the size of market and data on the prominent leaders' product owners have to compete with, in the coming years. Assessments of the broad strengths, as well as weaknesses too, add value to the overall research. Products details not only cover the popular applications and its performance, but it also unveils certain trends and value of specific products within specific regions.

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Key Players operating in the industry are:

UbiGo AB, Beeline Singapore, Shuttl, Uber technologies, Citymapper, Ola, Moovel Group GmBH, Lyft, Inc., Smile Mobility, Communauto

Radical Features of the Mobility as a Service Market Report:

  • The report encompasses Mobility as a Service market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Mobility as a Service industry

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Global Mobility as a Service Market Segmentation based on Product Types and Application Spectrum:

  • Service Type Outlook (Revenue, USD Billion; 2017-2027)

    • Ride-hailing
    • Self-driving car service
    • Bi-cycle sharing
    • Car sharing
    • Bus sharing
  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Android
    • iOS
    • Others
  • Business Model Outlook (Revenue, USD Billion; 2017-2027)

    • B2B
    • B2C
    • P2P Rentals

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To know more about the report, visit @https://www.emergenresearch.com/industry-report/mobility-as-a-service-market

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