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Mobility-as-a-Service (MaaS) Market to Reach USD 519.6 Billion by 2030, Driven by Urbanization and Digital Innovation

04-15-2025 03:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

MaaS Market

MaaS Market

According to the latest market research study published by P&S Intelligence, global Mobility-as-a-Service (MaaS) market is on a fast track to transformation. With revenue expected to reach USD 192.3 billion in 2024, the sector is projected to grow at a robust CAGR of 18% between 2024 and 2030, ultimately reaching a staggering USD 519.6 billion by 2030. This growth is fueled by rising urbanization, growing smartphone penetration, changing commuter behavior, and strong policy support for sustainable and integrated transport solutions.

To download free sample pages of this report: https://www.psmarketresearch.com/market-analysis/maas-market/report-sample

1. Urbanization & Smart City Development:
As cities grow, traffic congestion and pollution become more pressing. Governments are turning to MaaS to encourage multi-modal transportation and reduce private car ownership. MaaS supports smart city initiatives by making urban transport systems more intelligent and user-centric.

2. Rise of Digital Platforms:
The increasing use of smartphones and mobile apps is enabling real-time access to transport options, availability, pricing, and booking. Platforms like Uber, Lyft, Bolt, Moovit, and Whim are reshaping how consumers move, contributing to the MaaS market's surge.

3. Environmental Concerns & EV Integration:
MaaS platforms increasingly incorporate electric and shared vehicles, aligning with global decarbonization goals. Many cities are integrating EV fleets, micro-mobility solutions like e-scooters, and incentives for sustainable choices into MaaS offerings.

4. Cost & Convenience for Users:
With MaaS, users can access multiple transport services without the burden of vehicle ownership, insurance, maintenance, or parking. Subscription-based or pay-as-you-go models make mobility more flexible and economical, especially for urban populations.

Explore the latest trends, growth drivers, and forecasts Report: https://www.psmarketresearch.com/market-analysis/maas-market

Key Market Challenges
Despite strong momentum, the MaaS market must overcome a few hurdles:

Data Sharing & Interoperability: Seamless integration between public and private mobility providers is crucial but complex.

Regulatory Barriers: Varying policies across regions may slow down MaaS implementation and standardization.

User Trust & Adoption: Building confidence in platform reliability, privacy, and service consistency is essential for mass adoption.

Regional Insights
Regions leading the MaaS market growth include Europe and Asia-Pacific, due to their strong public transport networks, urban density, and progressive transportation policies. North America is also gaining traction, especially with increased investment in smart infrastructure and EV adoption.

Emerging markets in Latin America, the Middle East, and Africa present significant opportunities, particularly where urban expansion and smartphone use are accelerating.

About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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