Press release
North America MaaS Market to Surpass USD 50 Billion by 2031 with Rise of Autonomous Mobility | Persistence Market Research
North America Mobility as a Service Market
The North America Mobility as a Service (MaaS) market is rapidly reshaping how people travel across cities and regions. In 2024, the market is valued at approximately US$ 27 billion and is poised to grow at a robust CAGR of 10.2%, reaching US$ 53.3 billion by 2031. The MaaS ecosystem integrates multiple transportation services into a single digital platform, providing users with seamless and convenient travel options.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response): https://www.persistencemarketresearch.com/samples/34983
The growth of this market is primarily driven by the surge in urban population, increasing smartphone penetration, and a growing emphasis on sustainability. Ride-sharing services are leading the charge, propelled by their cost-effectiveness and convenience. Geographically, the United States dominates the North American market with an estimated 80% share in 2024, thanks to its advanced infrastructure, consumer tech adoption, and environmental initiatives promoting sustainable mobility.
Key Highlights from the Report
• AI-powered travel recommendations are transforming how users choose transport options.
• Tiered subscription models are gaining popularity for their flexibility and cost savings.
• Public-private partnerships are enhancing interoperability between mobility systems.
• Government incentives are supporting equitable access to MaaS platforms.
• Predictive analytics are enabling smarter pricing and route optimization.
• Ride-sharing services are expected to grow at a 24% CAGR through 2031.
Market Segmentation
Mobility as a Service in North America can be segmented by service type, including ride-hailing, car-sharing, bike-sharing, and public transport integration. Among these, ride-sharing holds the largest share and is projected to experience the fastest growth. This is attributed to its affordability, urban mobility benefits, and increasing adoption among millennials and Gen Z consumers.
Another important segmentation is based on the operating system. Android-based MaaS applications are expected to witness a 22% CAGR through 2031, driven by their widespread accessibility and affordability. The market also includes subscription-based services and pay-as-you-go models, appealing to different consumer behavior patterns.
Regional Insights
In the United States, increasing environmental consciousness, smart city developments, and strong tech infrastructure are accelerating MaaS adoption. Major urban areas are leading in implementing MaaS solutions integrated with public transportation networks.
Canada, holding 20% of the market in 2024, is witnessing growth fueled by robust governmental support, smart city initiatives, and a focus on reducing urban congestion. The country is expected to play a key role in expanding MaaS coverage into suburban and rural regions.
Market Drivers
One of the primary drivers of the North America MaaS market is the rising demand for sustainable and integrated transport solutions. Consumers are actively seeking alternatives to personal vehicle ownership, driven by cost, environmental concerns, and urban congestion. Moreover, advancements in mobile apps and AI are enhancing user experience and driving platform adoption.
Market Restraints
Despite strong growth potential, the MaaS market faces challenges such as regulatory hurdles, data privacy concerns, and interoperability issues between different service providers. Additionally, the high initial investment in MaaS infrastructure can deter smaller cities or new entrants.
Market Opportunities
Expanding MaaS services into suburban and rural areas offers significant untapped potential. With projections indicating 30% MaaS coverage in these regions by 2031 (up from 10% in 2023), there's a vast opportunity for providers to cater to underserved populations. Furthermore, the integration of autonomous vehicles and drones opens new avenues for innovation in first- and last-mile connectivity.
Frequently Asked Questions (FAQs)
How Big is the North America Mobility as a Service Market in 2024?
Who are the Key Players in the Global Market for MaaS?
What is the Projected Growth Rate of the North America MaaS Market?
What is the Market Forecast for North America MaaS by 2032?
Which Region is Estimated to Dominate the MaaS Industry through the Forecast Period?
Company Insights
Key Players in the North America MaaS Market:
• Uber Technologies Inc.
• Lyft Inc.
• Moovit Inc. (Intel Corporation)
• Didi Chuxing
• BMW Group (ReachNow)
• Ford Smart Mobility LLC
• Daimler AG (Car2Go)
• Grab Holdings
• Bird Rides Inc.
• BlaBlaCar
Recent Developments:
1. Uber launched a unified mobility subscription service in early 2024, integrating e-scooters, bike rentals, and public transit passes.
2. Lyft partnered with a leading autonomous vehicle startup to expand driverless shuttle services across major U.S. cities by 2025.
Final Thoughts
The North America Mobility as a Service market is in the midst of a transformative journey-fueled by innovation, user convenience, and a collective push toward sustainable transportation. As ride-sharing, AI-powered personalization, and autonomous vehicles gain traction, MaaS is no longer just a concept but a lifestyle revolution in motion. For stakeholders across the mobility ecosystem, this market represents not just a trend but the future of transportation in the digital age.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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 North America MaaS Market to Surpass USD 50 Billion by 2031 with Rise of Autonomous Mobility | Persistence Market Research here
News-ID: 3980512 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for MaaS
What is MaaS?
What is MaaS?
Metaverse as a Service _ MaaS, was all the rage at CES this year, and many people were curious about what it is. To put it simply, MaaS is the concept of servicing a metaverse space as a SaaS. Let's take a look at why SaaS has become the dominant approach in the metaverse industry.
What are the different ways to build a metaverse space?
Until now, there have been…
MaaS Market Business Strategies, and Regional Outlook
By merging several private and public transportation services and pricing structures into a single digital platform, Mobility as a Service (MaaS) aims to deliver tailored and ideal travel to move us from one place to another. The global mobility-as-a-service market accounted for $128,489.2 million in 2021, which is predicted to hit $519,697.5 million by 2030. The adoption of MaaS is expected to accelerate market growth due to growing worries about…
Global Mobility as a Service (MaaS) Market Competition Situation 2027-
Global Mobility as a Service (MaaS) Market Size Is Projected To Reach US$ 394000 Million By 2027, From US$ 87620 Million In 2020, At A CAGR Of 23.9% During 2021-2027
Los Angeles United States 25th April 2022:QY Research recently published a research report titled, "Global Mobility as a Service (MaaS) Market Report, History and Forecast , Breakdown Data by Manufacturers, Key Regions, Types and Application". The research report attempts to give…
Mobility as a Service (MaaS) Market 2021 | Detailed Report
The Mobility as a Service (MaaS) research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about…
Mobility as a Service (MaaS) Market 2025 -Lyft, Uber Technologies Inc., Beeline …
The Mobility as a Service (MaaS) market accounted for US$ 44.33 Bn in 2017 and is expected to grow at a CAGR of 36.4% during the forecast period 2018 – 2025, to account for US$ 476.34 Bn in 2025.
Download PDF Sample Copy @ www.theinsightpartners.com/sample/TIPTE100000803/?utm_source=OpenPR&utm_medium=10387
Major Players in the market are: Lyft, Uber Technologies Inc., Beeline Singapore, SKEDGO PTY LTD., UbiGo AB, Whim App (MaaS Global Oy), Moovel Group GmbH, QIXXIT, Splyt…
Mobility as a Service (MaaS) Market 2018 Global Analysis by Emerging Key Leaders …
Market Highlights:
The Global Mobility as a Service Market is growing with the rapid pace mainly due to the high travel demand on transport networks and increasing need of both workplaces and employees that may support a reducing the traffic in peak hours. According to a recent study report published by the Market Research Future, The global market of Mobility as a Service is booming and expected to gain prominence over…
