The Global Mobility as a Service Market was valued at US$ 5.3 billion in 2019. Rising demand for smart mobility solutions, proliferation of IoT, increased penetration of smartphones enabled with advanced communication technologies, and emergence of 5G are the key contributors towards growth of the global mobility as a service market. Mobility as a service refers to integration of multiple modes of transportation and associated services such as payment and planning on a single platform to facilitate high convenience.
Adoption of advanced technologies across transportation and logistics has dynamically shaped the mobility solutions. Emergence of on-demand mobility across the globe to facilitate easy commuting throughout the cities have increased the convenience of masses. The government authorities across major countries are focusing on integration of advanced technologies to deliver mobility as a service.
Integration of advanced telematics into public transportation and integration with cloud platforms to facilitate on-the-go booking and payment is helping the public transportation authorities to promoting public modes of transportation. Expansion of IoT infrastructure and development in the telecommunication industry are expected to facilitate the growth of the global mobility as a service market during the forecast period.
Europe contributed a dominating share to the global mobility as a service market in 2019 and is anticipated to grow significantly during the forecast period. Government initiatives to promote public modes of transportation in an attempt to reduce carbon foot print is contributing towards the growth of mobility as a service market in Europe.
Additionally, government authorities across major countries are continuously engaged in upgrading public transportation infrastructure to accommodate advanced mobility solutions in order to improve passenger convenience, thereby fueling the demand for mobility as a service platform across the region.
North America held a significant share of the global mobility as a service market in 2019 and is expected to witness prominent growth in coming years. Asia Pacific mobility as a service market is expected to gain traction during the second half of the forecast period with expansion of connected infrastructure across major countries in Asia.
Mobility as a Service Market Share Analysis, by Geography (2022)
The report titled “Mobility as a Service Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global mobility as a service market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global mobility as a service market is segmented based on service type, solution type, transportation type, operating system, and geography. Based on service type, the global mobility as a service market is segmented into ride hailing, car sharing, micro mobility, bus sharing, train service, and others. Based on solutions type, the global mobility as a service market is segmented into technology platforms, payment engines, navigation & telecom, ticketing solutions, insurance, and others. Based transportation type, the global mobility as a service market is segmented into public transportation and private transportation. Based on operating system, the global mobility as a service market is segmented into android, iOS, and others. Based on geography, the global mobility as a service market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Mobility as a Service. Further, market share of prominent companies in the global mobility as a service market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the mobility as a service company.
The global mobility as a service market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution. Product portfolio would focus on all the products under the mobility as a service business segment of the company.
Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global mobility as a service market.
Major players active in the global mobility as a service market include Beeline SG, Citymapper, Communauto, Mobilleo, moovel Group, Moovit Inc., Qixxit, SkedGo Pty Ltd, Smile Mobility, Splyt, Uber Technologies Inc., UbiGo Innovation AB, Velocia, Inc., and Whim (MaaS Global Oy).
Segmentation:
By Service Type
By Solution Type
By Transportation Type
By Operating System
By Geography
The global Mobility as a Service market was worth US$ 5.3 billion in 2020.
Rising demand for smart mobility solutions, proliferation of IoT, increased penetration of smartphones enabled with advanced communication technologies, and emergence of 5G are the key contributors towards growth of the global mobility as a service market.
Based on type, the Mobility as a Service market is segmented into Ride Hailing, Car Sharing, Micro Mobility, Bus Sharing and Train Service.
Major participants in the Mobility as a Service industry comprise Beeline SG, Citymapper, Communauto, Mobilleo, moovel Group, Moovit Inc., Qixxit, SkedGo Pty Ltd, Smile Mobility, Splyt, Uber Technologies Inc.
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