Press release
Mobility As A Service Market Report 2024 - Growth, Insights & Forecast Analysis
Mobility As A Service Market Report
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8527&type=smp
According to The Business Research Company's, The mobility as a service market size has grown rapidly in recent years. It will grow from $180.38 billion in 2023 to $210.14 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to rise of smartphone adoption, environmental sustainability goals, government initiatives for smart cities, integration of public and private transportation, economic and operational efficiency, demographic shifts and changing lifestyles, expansion of micromobility options, consumer demand for seamless travel.
The mobility as a service market size is expected to see rapid growth in the next few years. It will grow to $406.97 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%. The growth in the forecast period can be attributed to advancements in autonomous vehicles, integration with smart infrastructure, increased focus on user-centric design, global growth of urban populations, digital identity and personalization, focus on health and safety, innovations in payment and subscription models, policy support for maas implementation. Major trends in the forecast period include digital ticketing and payments, real-time data and analytics, iot and connectivity, in-app mobility services, cybersecurity measures, multiple transportation modes, last-mile connectivity solutions, partnerships and collaborations.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/mobility-as-a-service-global-market-report
Market Drivers and Trends:
Improvement of 4G/5G infrastructure and penetration of smartphones is expected to propel the growth of mobility as a service market. 4G and 5G infrastructure refers to the network infrastructure and technology that enables the deployment and operation of fourth and fifth-generation mobile communication networks, respectively. A smartphone is a portable computing device that combines mobile telephone functions and personal computing functions into one unit. 4G and, more recently, 5G networks provide the high-speed, low-latency connectivity essential for MaaS operations and Smartphones serve as the primary interface for MaaS users, allowing them to access and utilize MaaS platforms. For instance, in 2023, according to international telecommunication union, an estimated 64.4% of global population, or 5.16 billion people will be using the internet. Further, in March 2023, according to a report published by Cybercrew, a UK-based company developing and providing cybersecurity solutions for businesses of all sizes, the percentage of UK households using smartphones reached 91.43% in 2021. This percentage is projected to increase to 93.8% in 2026. Therefore, improvement in 4G/5G infrastructure and penetration of smartphones will increase demand for mobility as a service market.
Technological innovation is a key trend gaining popularity in the mobility as a service market. Major companies operating in the market are developing innovative technologies, such as integrated mobility as a service to sustain their market position. Integrated mobility refers to the collaboration of mobility service providers to provide appropriate transportation options at each route stage. For instance, in August 2021, SUN Mobility, an India-based provider of energy infrastructure and services for electric vehicles (EVs), launched Integrated Mobility-as-a-Service (MaaS). This integrated service offering offers consumers an all-inclusive bundle solution that includes electric vehicles and the flexibility of an unlimited swap plan. SUN Mobility hopes to onboard over a million vehicles to its battery-swapping platform by 2025 with the help of this creative MaaS product.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Uber Technologies Inc., SkedGo Pty Ltd, Moovit Inc., Moovel Group GmbH, UbiGo Innovation AB, Citymapper Ltd., Communauto Inc., Lyft Inc., ANI Technologies Pvt Ltd., Avis Budget Group Inc., Beijing Xiaoju Technology Co. Ltd., Grab Holdings Inc., Hertz Global Holdings Inc., Europcar Mobility Group S A, Sixt SE, Didi Chuxing Technology Co. Ltd., Ola Cabs Technology Pvt. Ltd., BlaBlaCar SAS, Zipcar Inc., Car2Go North America LLC, DriveNow North America LLC, LimeBike Inc., Bird Rides Inc., Spin Inc., Jump Mobility Inc., Transit App Inc., MaaS Global Oy, Beeline Singapore Pte Ltd, Karhoo Technologies Ltd., Bolt Technology OU, Free2Move Services, Wunder Mobility GmbH
Mobility As A Service Market 2024 Key Insights:
• The mobility as a service market size is expected to see rapid growth in the next few years. It will grow to $406.97 billion in 2028 at a compound annual growth rate (CAGR) of 18.0%.
• The Global Surge In Shared Mobility Adoption And Its Impact On The Growing Mobility As A Service Market
• Integrated Mobility As A Service Initiatives Reshaping The Market Landscape
• Asia-Pacific was the largest region in the mobility as a service market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=8527&type=smp
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobility As A Service Market Report 2024 - Growth, Insights & Forecast Analysis here
News-ID: 3743234 • Views: …
More Releases from The Business research company
Global Furniture Foam Market Expansion at 5.8% CAGR, Valued at $77.36 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Furniture Foam Market Size Forecast for 2025?
The expansion of the furniture foam market has shown significant momentum over the past few years. We can expect an upsurge from a market size of $58.61 billion in 2024, to a substantial $61.67 billion in 2025, indicating a compound…
Dactinomycin Market on Path to Hit $7.64 Billion by 2029 at 2.5% CAGR
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Dactinomycin Market Outlook: What Size And CAGR Are Anticipated By 2025?
The steady expansion of the dactinomycin market size is observable in recent years. Projections show an increase from $6.76 billion in 2024 to $6.91 billion in 2025, with a compound annual growth rate (CAGR) standing at 2.1%. Factors that…
Future of Alkyd Resin Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Alkyd Resin Market by 2025?
The alkyd resin industry has seen impressive growth in the past few years. The market size, which stood at $24.87 billion in 2024, is forecasted to expand to $26.41 billion in 2025, marking a compound annual growth…
Water Resistant Paint Market Size to Reach $4.62 Billion by 2029 | Growth at 5% …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Water Resistant Paint Industry?
In recent years, the market size for water-resistant paint has seen consistent growth. Its value is estimated to increase from $3.62 billion in 2024 to $3.79 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.6%. This…
More Releases for Mobility
Indianapolis Mobility Retailer Rebrands from Mobility Plus Indianapolis West to …
Mobility Indy Emerges as a Locally Owned, Independent Provider of Stair Lifts, Scooters, and Lift Chairs for Central Indiana
Indianapolis, IN - May 2, 2025 - A well-known provider of mobility equipment in Indiana is taking an exciting step forward. Mobility Plus Indianapolis West, a top-rated showroom serving the Indianapolis area, is rebranding as Mobility Indy [https://www.mobilityindy.com/] effective immediately. Though the name is changing, customers can continue to expect the same…
Marc's Mobility Expands Fast Mobility Scooter Collection
Marc's Mobility (provider of new and used mobility devices) highlights the expansion of its fast mobility scooter collection: https://marcsmobility.com/new-scooters/fast-mobility-scooters.html. This move aims to meet the growing demand for speed and convenience in personal transportation for people with limited mobility.
Enhanced Mobility Solutions
The expanded collection features a range of fast mobility scooters designed to offer users quick and efficient transportation. These scooters are equipped with powerful motors capable of reaching speeds up…
Mobility Scooters Market Is Booming Worldwide | TGA Mobility, KYMCO, Amigo Mobil …
The Latest published a market study on Worldwide Mobility Scooters Market provides an overview of the current market dynamics in the Worldwide Mobility Scooters space, as well as what our survey respondents all outsourcing decision-makers predict the market will look like in 2028. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some…
Vehicles for Disabled Market to 2027 - Leading Key Players Advanced Mobility, Br …
The demand for vehicles for disabled has witnessed a symbolic increase in recent years. The development in mobility solutions and the need for equality in terms of accessibility has attracted the attention of auto manufacturers. Also, the scenario in developing countries is changing, and increased investments in the healthcare infrastructure are visible. The rising per capita income is also enabling disabled people to switch to these solutions.
The vehicles for disabled…
Clinical Mobility Aids Market Astonishing Growth| Magic Mobility, Karma Mobility …
A latest study released by HTF MI on Global Clinical Mobility Aids Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Clinical Mobility Aids market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that…
Personal Mobility Devices Market 2025 - Carex Health Brands, Mobility+Designed, …
The Personal Mobility Devices Market report analyzes factors affecting Personal Mobility Devices Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the…
