Global Mobility as a Service (MaaS) Market Size, Share & Trends Report by Service Type (E-Hailing, Bike Sharing, Car Sharing, Pop-up Buses, and Self Driving Cars), by Vehicle Type (Buses, Car, Flight), by Application (Personalized Application Services, Dynamic Journey Management, Flexible Payments, Transactions, Journey Planning and Others), by Business Model (B2B, B2C and Peer to Peer) Forecast (2022-2028)

The global mobility as a service (MaaS) market is anticipated to grow at a moderate CAGR of 1.5% during the forecast period (2022-2028). The rise in the use of smartphones coupled with growing digital payments is one of the factors driving the growth of the global MaaS market. According to the data published by Global System for Mobile Association (GSMA) in 2020, smartphone penetration is anticipated to reach 80.0% by 2025, owing to shifts and changes in consumer behavior. Moreover, 70.0% of smartphones are anticipated to run on LTE, reflecting the influence of mobile internet generation. Further as per GSMA, by the end of 2019, 3.8 billion people were using mobile internet, with three-quarters of all mobile internet users living in low and middle-income countries. Thus, the rise in mobile penetrations coupled with interconnectivity is projected to drive the demand for global MaaS market.
Additionally, consumers are adopting digital payments for various purposes such as ticketing, billing, and more owing to the ease of making payments. For instance, according to OSF Digital, mobile ticket purchases had made the experience more convenient for the consumer while reducing production costs and frauds, which affect up to 12.0% of the online purchasers. As a result, smart ticket adoption is projected to increase to 7.0% by 2023, as stated by Aventus Network.
Looking toward the demand for mobility as a service, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, Carzonrent had launched EV Mobility as a service platform called Plug Mobility. The launch aimed to offer clean and sustainable mobility solutions to its clients through a fleet of electric vehicles and to reduce its carbon footprint in the country. Thus, such launches are anticipated to drive the growth of the global mobility as a service market during the forecast period.

Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered-
By Service Type
By Vehicle type
By Application
By Business Model
By Organization Type

Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape-
Uber Technologies Inc., Alliance Corp., and Ola (ANI Technologies Pvt. Ltd) among others

Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Mobility as a Service (MaaS) Market Report by Segment
By Service Type
E-Hailing
Bike-sharing
Car Sharing
Pop-up Buses
Self Driving Cars
By Vehicle Type
Bus
Car
Flight

By Application
Personalized Application Services
Dynamic Journey Management
Flexible Payments, Transactions
Journey Planning
Others

By Business Model
B2B
B2C
Peer to Peer