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Mobility as a Service Market Size, Trends & Growth 2025-2034

07-10-2025 11:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Mobility as a Service Market

Mobility as a Service Market

The Mobility as a Service (MaaS) market is reshaping how people access and experience transportation worldwide. By integrating various forms of transport services into a single accessible on-demand mobility solution, MaaS aims to create a seamless travel experience for users. It combines transportation modes such as ride-hailing, car sharing, train services, and micromobility into one digital channel. This innovative model reduces the dependency on private vehicles, promotes shared mobility, and addresses urban congestion and environmental concerns. Growing urbanization, increasing smartphone penetration, and the rise of digital platforms are major factors propelling the demand for MaaS solutions globally.

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Expert Market Research on Mobility as a Service Market

Expert Market Research reveals that the Mobility as a Service market is positioned for dynamic growth and transformation. Driven by sustainability goals, digital innovations, and changing consumer habits, the industry is set to redefine how urban transportation is experienced. Players focusing on robust partnerships and user-friendly apps will gain a competitive edge. With increasing demand for integrated, flexible, and greener travel options, MaaS will play a critical role in building smarter and more connected cities in the coming decade.

Mobility as a Service Market Size

The Mobility as a Service (MaaS) market has cemented its position as one of the most transformative forces in the global transportation landscape. Valued at approximately USD 221.33 Billion in 2024, the market reflects the rapid shift from private car ownership to shared, on-demand mobility services. Urban populations are expanding at an unprecedented rate, creating a pressing need for integrated, flexible, and efficient mobility solutions that can alleviate congestion and reduce carbon emissions. The growing adoption of smartphones and mobile apps has made it easier for commuters to access a variety of transport modes-such as ride-hailing, car sharing, micromobility, and train services-under a single platform. This evolution has created lucrative opportunities for technology providers, public transport operators, and digital payment firms alike.

In cities across North America, Europe, and Asia Pacific, MaaS initiatives have gained traction, driven by investments in smart infrastructure and digital ecosystems. This impressive market size demonstrates how deeply MaaS has embedded itself into urban mobility planning. As awareness and demand for greener, more convenient travel options increase, the value of the MaaS market is projected to grow significantly, setting the stage for a transformative decade in urban transportation systems.

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Mobility as a Service Market Trends

One of the most significant trends driving the MaaS market is the integration of advanced technologies such as artificial intelligence (AI), machine learning, and big data analytics. These technologies enable real-time journey planning, predictive traffic management, and seamless payment solutions that make urban mobility smarter and more responsive. Another major trend is the rapid growth of micromobility options-like e-scooters and bike-sharing-which are ideal for short urban trips and first- or last-mile connectivity. As sustainability becomes a global priority, cities are also integrating electric and hybrid vehicles into MaaS offerings to cut emissions. Subscription-based models are becoming popular, giving commuters flexible access to multiple modes of transport under one plan.

Additionally, partnerships between governments, transport operators, and tech companies are expanding the reach of MaaS platforms into new regions and demographics. The push for open data sharing and interoperable platforms ensures better collaboration between different service providers. Overall, the convergence of digitalization, sustainability, and urbanization is transforming MaaS from a niche concept to a mainstream urban mobility solution that prioritizes convenience, efficiency, and environmental responsibility.

Mobility as a Service Market Opportunities and Challenges

The MaaS market presents significant opportunities for technological disruption and sustainable growth. Governments worldwide are supporting MaaS adoption through investments in digital infrastructure and green transport policies. There is vast potential for companies to tap into underserved urban and semi-urban areas. However, the industry also faces challenges such as regulatory complexities, data privacy concerns, and the need for seamless integration between multiple transport operators. Building consumer trust and encouraging behavioral change away from private car ownership are critical. Overcoming these hurdles while ensuring affordability and accessibility will be key to unlocking the full potential of the MaaS ecosystem.

Mobility as a Service Market Segmentation

Breakup by Service Type

Car Sharing
Micromobility
Ride Hailing
Bus Sharing
Train Services

Breakup by Solution Type

Technology Platforms
Telecom Connectivity Providers
Ticketing Solutions
Payment Engines
Navigation Solutions
Insurance Services

Breakup by Transportation Type

Public
Private

Breakup by Vehicle Type

Four-Wheelers
Buses
Micromobility
Trains

Breakup by Application

Personalised Application Services
Journey Management
Journey Planning
Flexible Payments and Transactions

Breakup by Regions

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Mobility as a Service Market Growth

The MaaS market is on a remarkable growth path driven by urbanization, technological advancements, and shifting consumer behavior. Commuters increasingly prefer on-demand, multimodal transport solutions over owning private vehicles, which not only saves money but also supports sustainable living. Cities are adopting MaaS frameworks to reduce congestion and optimize their public transport networks. The growth is further supported by increased investments in 5G networks, IoT devices, and smart city initiatives, which create a robust digital infrastructure for MaaS providers to thrive.

Moreover, rising fuel prices and environmental regulations are motivating people to switch to shared electric fleets. Public and private stakeholders are collaborating to create regulatory frameworks that enable seamless cross-border travel and ticketing, further fueling market expansion. Start-ups and established transport giants alike are launching pilot projects to integrate autonomous vehicles, promising to make MaaS even more efficient and cost-effective. This growth trajectory is not limited to developed nations; emerging economies are also seeing a surge in demand for affordable, app-based transport services as urban populations grow. All these factors combined make the MaaS market one of the fastest-growing sectors within the broader smart mobility ecosystem.

Mobility as a Service Market Forecast

Looking ahead, the Mobility as a Service market is forecast to achieve remarkable growth over the next decade, with its value projected to surge from USD 221.33 Billion in 2024 to approximately USD 1110.25 Billion by 2034 at a CAGR of 17.50%. This robust forecast underscores the increasing importance of integrated mobility in addressing urban transportation challenges. With advancements in autonomous vehicles, electrification, and AI-powered route optimization, MaaS platforms will become more efficient, sustainable, and tailored to individual user preferences. Governments are expected to play a crucial role by supporting MaaS ecosystems through smart city funding and eco-friendly policies, ensuring wider adoption.

Additionally, the market will likely see intensified competition as more regional and global players enter with innovative solutions, leading to better service offerings and lower costs for consumers. The forecast period will also witness the expansion of MaaS beyond megacities, reaching smaller urban centers and semi-urban regions where demand for flexible transport solutions is rising. Overall, the next decade promises a fundamental shift in how people plan, pay for, and experience everyday travel, making MaaS an integral part of the global mobility landscape.

Mobility as a Service Competitor Analysis

The MaaS market features prominent players striving to strengthen their footprint through technology partnerships, geographic expansion, and service diversification.

Key Players:

MaaS Global Ltd.: Leading integrated mobility provider focused on smart city solutions.

Moovit App Global Ltd.: Known for real-time journey planning and transit data.

Uber Technologies Inc.: Global ride-hailing giant expanding MaaS capabilities.

SkedGo Pty Ltd: Develops customizable MaaS apps for cities and corporations.

FOD Mobility UK Limited: Offers flexible corporate mobility and fleet solutions.

Others: Innovators focusing on niche MaaS applications and region-specific services.

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