Mobility as a Service (MaaS) Market is set to Witness Huge Demand at a CAGR of 33.6% during the Forecast Period 2029

Data Bridge Market Research analyses that the Mobility as a Service (Maas) Market was valued at USD 93.72 billion in 2021 and is expected to reach the value of USD 951.23 billion by 2029, at a CAGR of 33.6% during the forecast period.

Industry Analysis

Mobility, as a term, refers to movement and includes various modes of transportation as well as the improvement of mobility services through the adaptation of technology with emerging developed countries across various regions. Focusing on the development of smart cities with low carbon dioxide emissions and reduced pollution in the region. Mobility services such as Ola, Uber, Zip Car, and others aided in the growth of the mobility market.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Mobility as a service is a consumer-centric model for providing people with transportation. The service refers to the integration of transportation methods such as car and bike sharing, taxis, and car rentals/lease through digital channels, allowing consumers to plan, book, and pay for a variety of mobility services. The main idea behind developing MaaS is to provide travellers with mobility solutions based on their travel requirements.

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