Press release
Mobility-as-a-Service Market To Reach USD 519,697.5 Million by 2030
The daily commuting category was the largest and it will grow at the highest growth rate, of over 17%. The growth of this category can be credited to the growing requirement for shared mobility services amongst students and young professionals, for meeting their daily commutation requirements.
Moreover, numerous initiatives aimed at plummeting the private vehicle count on roads will encourage the use of shared mobility amongst people.
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Furthermore, the market is quickly integrating EVs, since the requirement for EVs has increased all over the world.
The pay-as-you-go payment type had the largest share of revenue. People choose to pay once while availing the services, as a result of their budget constraints. A customer is not required to commit to an agreed plan and gets charged on a yearly or monthly basis by making use of this payment model.
MaaS used for personal use had a larger share, and this category will grow at a higher growth rate in the in the future. Most of the customers utilize shared mobility services for personal work, including transportation to the workplace, running errands for example undertaking short trips such as accompanying somebody to the airport.
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Additionally, in APAC, last-mile delivery is experiencing a major alteration. The increased requirement for faster delivery times from an increasing count of online buyers is driving this business.
The increasing issues of urban road congestion and the increasing initiatives of the governments all over the world will play a major role in increasing the demand for mobility-as-a-service solutions all over the world.
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