Global mobility as a service (MaaS) revolutionizes urban transportation by integrating diverse modes such as buses, trains, ridesharing, and bike-sharing into a user-friendly digital platform. It streamlines planning, booking, and payment for journeys, promoting sustainable transport and reducing individual car ownership. The concept addresses the movement of people and goods, enhancing mobility services through technology. In smart cities, MaaS aligns with environmental priorities, with services such as Ola, Uber, and Zip Car contributing to accessible, eco-friendly urban mobility solutions, marking a significant shift in transportation paradigms.
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Data Bridge Market Research analyses that the Global Mobility as a Service (MaaS) Market which was USD 93.72 billion in 2022, is expected to reach USD 951.23 billion by 2030, and is expected to undergo a CAGR of 33.65% during the forecast period of 2023-2030. Government support is critical for the success of mobility as a service (MaaS), as policies and initiatives aligning with smart city development strategies foster its adoption. Urban planning authorities' backing ensures a conducive environment for the integration of diverse transportation modes, enhancing the efficiency and sustainability of urban mobility.
Key Findings of the Study
The rise of mobility service providers is expected to drive the market's growth rate
The ascendancy of mobility service providers, exemplified by the proliferation of ride-sharing and car-sharing platforms, significantly bolsters the MaaS market. These dynamic companies contribute to market expansion by delivering a spectrum of transportation options, aligning with evolving consumer preferences. The diverse and flexible services offered by these providers play a pivotal role in shaping the landscape of mobility as a service, providing users with a comprehensive and convenient array of mobility solutions.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Service Type (Car Sharing, Bus Sharing, Train, Ride Hailing, Bi-Cycle Sharing, Self-Driving Cars and Others), Solution (Navigation Solutions, Ticketing Solutions, Technology Platforms, Insurance Services, Telecom Connectivity Providers and Payment Engines), Transportation Type (Public and Private), Vehicle Type (Four Wheelers, Bus, Train and Micro Mobility), Application Platform (IOS, Android and Others), Requirement Type (First and Last Mile Connectivity, Off-Peak and Shift Work Commute, Daily Commuter, Airport or Mass Transit Stations Trips, Inter-City Trips and Others), Organization Size (Large Enterprises and Small and Medium Size Enterprises (SMES)), Usage (Commercial and Personal)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa
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Market Players Covered
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Avis budget group (U.S.), car2go NA, LLC (U.S.), Beijing Xiaoju Technology Co, Ltd. (China), Mobiag (Portugal), movmi Shared Transportation Services Inc. (Canada), Uber Technologies Inc. (U.S.), ANI Technologies Pvt. Ltd. (India), Lyft, Inc. (U.S.), Careem (U.A.E.), Bolt Technology OÜ (Estonia), Gett (U.K.), HERTZ SYSTEM, INC. (U.S.), Aptiv (Ireland), Enterprise Holdings Inc. (U.S.), MOBIKO (Germany), Europcar (France), Curb Mobility (U.S.), BlaBlaCar (France), and Wingz (U.S.)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Segment Analysis:
The global mobility as a service (MaaS) market is segmented on the basis of service type, solution, transportation type, vehicle type, application platform, requirement type, organization size, and usage.
- On the basis of service type, the global mobility as a service (MaaS) market is segmented into car sharing, bus sharing, train, ride hailing, bi-cycle sharing, self-driving cars, and others
- On the basis of solution, the global mobility as a service (MaaS) market is segmented into navigation solutions, ticketing solutions, technology platforms, insurance services, telecom connectivity providers, and payment engines
- On the basis of transportation type, the global mobility as a service (MaaS) market is segmented into public and private
- On the basis of vehicle type, the global mobility as a service (MaaS) market is segmented into four wheelers, bus, train, and micro mobility
- On the basis of application platform, the global mobility as a service (MaaS) market is segmented into IOS, android, and others
- On the basis of requirement type, the global mobility as a service (MaaS) market is segmented into first and last mile connectivity, off-peak and shift work commutes, daily commuter, airport or mass transit stations trips, inter-city trips, and others
- On the basis of organization size, the global mobility as a service (MaaS) market is segmented into large enterprises and small and medium size enterprises (SMES)
- On the basis of usage, the global mobility as a service (MaaS) market is segmented into commercial and personal
Major Players
Data Bridge Market Research recognizes the following companies as the major global mobility as a service (MaaS) market players in global mobility as a service (MaaS) market are Bolt Technology OÜ (Estonia), Gett (U.K.), HERTZ SYSTEM, INC. (U.S.), Aptiv (Ireland), Enterprise Holdings Inc. (U.S.), MOBIKO (Germany), Europcar (France), Curb Mobility (U.S.), BlaBlaCar (France), and Wingz (U.S.)
Market Developments
- In 2020, a significant milestone emerged in the Global mobility as a service (MaaS) landscape as MaaS provider Global Oy collaborated with Enfuce, Finland's largest company. Together, they pioneered a mobile app with EMV chip technology, introducing card payments as a novel method for seamless transactions within the MaaS framework.
- In 2020, Beijing Xiaoju Technology Co, Ltd. made a substantial impact with the launch of D1, the first electric vehicle custom-built for ride-hailing. This innovative product marked a notable stride in sustainable and tailored transportation solutions within the ride-hailing sector.
- In 2020, Moovit Inc. and Smart Bus joined forces to introduce the first on-demand shared transit service in Farmington and Farmington Hills. Leveraging Moovit's free on-demand service app, Smart Bus riders gained a convenient and efficient way to plan and book their trips, enhancing overall mobility for residents in the region.
- In 2020, Beijing Xiaoju Technology Co, Ltd. continued its global impact by launching DiDi Express in Kazan, Russia. This product not only showcased the company's technical prowess but also prioritized safety and health features, offering 24/7 human support. DiDi Express brought localized solutions to Russian users, drivers, and fleets, further diversifying the global mobility landscape.
Regional Analysis
Geographically, the countries covered in the global mobility as a service (MaaS) market report are
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa
As per Data Bridge Market Research analysis:
North America is the dominant region in global mobility as a service (MaaS) market during the forecast period 2023-2030
North America dominates the global mobility as a service (MaaS) market and is poised to sustain its dominance. The region's stronghold is reinforced by the widespread deployment of EMV chips for payment and transactions. This technology integration enhances the efficiency and security of MaaS transactions, contributing to the continual growth and prevalence of integrated mobility solutions in North America throughout the forecast period.
Asia-Pacific is estimated to be the fastest growing region in global mobility as a service (MaaS) market during the forecast period 2023-2030
Asia-Pacific is expected to dominate the global mobility as a service (MaaS) market during the forecast period (2023-2030). The surge in internet penetration and the widespread use of mobile data for applications such as social media and mobile banking drive the region's growth. As technological connectivity expands, the diverse and dynamic markets of Asia-Pacific are poised to lead in adopting MaaS, leveraging digital advancements for seamless and comprehensive mobility solutions.
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