Press release
Global Mobility-as-a-Service Market Set to Surge - Forecast to Reach USD 1.25 Trillion by 2034 at a 17.1% CAGR (2025-2034), Driven by Urbanization, Smart Transit and Sustainable Mobility
Meticulous Research®-a leading global market research company, published a research report titled Mobility As a Service Market (marché de la mobilité en tant que service). The mobility-as-a-service (MaaS) market is growing rapidly, changing how people travel in cities around the world. In 2024, this market was valued at $208.8 billion, and experts expect it to surge to $1.35 trillion by 2035; that's an impressive annual growth rate of 18.7%.What is MaaS? Think of it as the Netflix of transportation. Instead of owning a car or managing several transport apps, users can access everything they need through one integrated platform. This includes buses, trains, ride-sharing, bike rentals, and scooters. It aims to make city travel as easy as ordering food delivery. Several strong factors are driving this change. Urbanization leads the way, as more people move to cities where owning a car becomes less practical due to traffic jams and limited parking. With over 6.8 billion smartphone users globally, people have the technology needed to make this integrated mobility vision possible.
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Environmental issues add another important angle. Climate policies worldwide are pushing cities toward greener transportation choices. MaaS platforms are featuring more electric vehicles and low-emission options, helping to cut urban pollution. Industry data suggests that MaaS could remove over 2 billion private car trips each year by 2025, reducing CO2 emissions by 14 million metric tons. Regional adoption trends show interesting dynamics. North America currently leads the market, holding over 30% of the share, thanks to significant infrastructure investments and public-private partnerships. The U.S. government supports this shift with federal grants and smart-city initiatives that enhance connectivity between different transport modes.
However, Asia-Pacific represents the future growth of MaaS, expanding at an impressive annual rate of 28%. China is a prime example, with super-apps like WeChat and Alipay integrating metro, bus, bike-sharing, and ride-hailing services for about 500 million users. Cities like Guangzhou and Xiamen have established comprehensive MaaS systems through WeChat mini-programs, serving over 200 million active users with real-time transit information and unified ticketing.
Germany is leading adoption in Europe, combining strong public transport systems with forward-thinking climate policies. Cities like Berlin and Munich are bringing together buses, trains, e-scooters, and car-sharing under single payment platforms, supported by substantial government investment in electric vehicle infrastructure.
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However, the market faces some challenges. Data privacy issues are a primary concern, as MaaS platforms gather extensive user information about travel habits and payment details. Providers must navigate complex regulations like GDPR in Europe while ensuring strong cybersecurity measures. Additionally, each country has different laws regarding licensing, safety standards, and insurance, complicating global growth.
Despite these challenges, market segments show clear specialization. Journey planning and management solutions currently dominate, holding a 30% market share and connecting various transport modes. Meanwhile, ride-hailing services represent the largest segment at 35%, offering essential last-mile connectivity that links major transit hubs to final destinations.
Looking forward, MaaS is more than just a technological change; it is reshaping urban travel to focus on sustainability and efficiency. As cities worldwide face congestion and climate issues, integrated mobility platforms provide a practical answer that helps users, reduces environmental impact, and improves existing transport systems. The shift from car ownership to mobility access seems inevitable, promising a future where moving around cities is easier, cleaner, and more connected than ever.
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Key Questions Answered in the Report:
How big is the mobility-as-a-service market?
What is the current mobility-as-a-service market size?
Who are the leading companies in the mobility-as-a-service market?
Which region is experiencing the fastest growth in the mobility-as-a-service market?
Which segment holds the largest share in the mobility-as-a-service market?
Related Reports:
Micro Mobility Market: https://www.meticulousresearch.com/product/micro-mobility-market-5842
Cranes Market: https://www.meticulousresearch.com/product/cranes-market-5828
Electric Car Market: https://www.meticulousresearch.com/product/electric-car-market-5187
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