Mobility as a Service Market Size in 2023 To 2029 | Moovit (Israel), MaaS Global (Finland), Citymapper (UK), FOD Mobility UK Ltd. (UK), and SkedGo (Australia)

The Mobility as a Service research report covers market analysis and segmentation in terms of markets, geographic scope, years considered for the study, currency, pricing, research methodology, primary interviews with key opinion leaders, Mobility as a Service market position grid, market challenge matrix, secondary sources, and assumptions. This reliable report plays a very major role in achieving high business growth and success in this competitive marketplace for this industry.

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The global mobility as a service market is led by established players, such as Moovit (Israel), MaaS Global (Finland), Citymapper (UK), FOD Mobility UK Ltd. (UK), and SkedGo (Australia), all of which adopted several strategies to gain traction in the market. The study includes an in-depth competitive analysis of these key players in the Mobility as a Service market with their company profiles, MnM view of the top five companies, recent developments, and key market strategies.

A nice blend of market intelligence and industry expertise used in this business report helps achieve the business goals. Businesses can assertively refer to such a high-quality Mobility as a Service market report to accomplish supreme success. Also, a detailed consideration of Mobility as a Service market-specific drivers, trends, constraints, restraints, opportunities, and major micro markets. Comprehensive valuation of all prospects and threats in the research report.

The Mobility as a Service report clarifies the drivers and controls that have shaped the overall market. The detailed assessment of many market drivers allows readers to accurately evaluate the market, market definition, technological advancements, and market risks. The examination also identifies the innovative alternatives and demanding circumstances of the global Mobility as a Service market. It then analyzes competitive developments like expansions, agreements, new product launches, and acquisitions in the Mobility as a Service market.

Faster internet connectivity, falling vehicle ownership, and the need to reduce traffic congestion and vehicular emissions will fuel the demand for seamless MaaS applications for end-to-end multimodal transport solutions.

Mobility as a Service market is projected to grow from USD 5.7 Billion in 2023 to USD 40.1 Billion by 2030, at a CAGR of 32.2% over the forecast period. Increasing smart city initiatives, growing adoption of on-demand mobility services, and the need to reduce CO2 emissions to drive mobility as a service market. MaaS promotes the use of sustainable modes of transportation, such as public transit and biking, which can help reduce the environmental impact of travel. MaaS allows users to choose the most economical mode of transportation for their needs. This helps in reducing the overall transportation expenses when compared to the use of personal vehicles.

MaaS can be cost-effective for users, as it allows them to choose the most economical transportation options for their needs. This can lead to reduced overall transportation expenses compared to owning and maintaining a personal vehicle.

"Journey planning to hold the largest market share by application."

Journey planning involves providing journey planning options to users through a combination of real-time, predictive, and scheduled data obtained from the applications used. It helps provide a list of service offerings and combines several transport modes based on user preferences and transport infrastructure that helps customers to plan their journey per their requirements. This segment is expected to hold ~ 50% of the market share by application as more and more customers use MaaS application to plan their end-to-end journeys trying to find the optimal solution for saving time and reducing travel costs. The Middle East welcomes approximately 90 million international arrivals per year, which equates to 6% of the world's total arrivals. The region has invested huge sums in developing smart city solutions so that tourists can have a smooth travel experience in their country. This region is expected to grow the fastest for the journey planning segment.

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Key Benefits of Buying the Report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall mobility as a service market and their subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse.

Research Coverage

To define, describe, and forecast the mobility as a service (MaaS) market with respect to individual growth trends and prospects and determine the contribution of each segment to the total market. To forecast the mobility as a service (MaaS) market size, by value, based on Service type (ride hailing, car sharing, micromobility, bus sharing, and train services), Business model (business-to-business, business-to-consumer, and peer-to-peer), Solution type (technology platforms, payment engines, navigation solutions, telecom connectivity providers, ticketing solutions, and insurance services), Transportation type (private and public), Vehicle type (buses, four-wheelers, micromobility, and trains), Application type (personalized application services, journey management, journey planning, and flexible payments & transactions), Operating system (Android, iOS, and others), Propulsion type (ICE, EV, hybrid electric, and CNG/LPG), Payment type (subscription and pay-as-you-go), Commute Type (daily, last mile connectivity, occasional), MaaS electric vehicles market, by mode (public and private), By Region - Asia Pacific (China, India, Japan, Singapore, Indonesia, and Australia), Europe (Germany, UK, Finland, Spain, Netherlands, Italy, Turkey, and Russia), North America (US, Canada, and Mexico), and the Rest of the World (Brazil, and South Africa)

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