Mobility as a Service Market by Solution Type, Business Model, Transportation Type, Vehicle Type, Propulsion Type, Application and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Mobility as a Service Market Size

The global Mobility as a Service market size was valued at $25.28 billion in 2023, and is projected to reach $112.26 billion by 2029, growing at a CAGR of 28.2% during the forecast period.

Mobility as a Service Market Dynamics

• The mobility as a service market is expected to witness significant growth in the future due to the upsurge in the number of Original Equipment Manufacturers (OEMs) and the rising trend of cashless payments and high network connectivity.

• However, the high necessity for capital investments is restraining the market growth.

Mobility as a Service Market Overview

Mobility as a service (MaaS) combines numerous modes of transportation, such as vehicles, buses, and bicycles, into a single mobility solution that is available on demand. MaaS is being used to improve the transportation options available. It brings together transportation alternatives from a variety of sources, allowing it to manage everything from travel planning to payment. MaaS' main goal is to give an alternative to private vehicles, since it helps to reduce traffic congestion and is a more convenient, sustainable, and cost-effective mode of transportation. It allows users to choose the most efficient and personalized mode of transportation for any given journey.

By Transportation Type, Private Transportation Emerge as the Dominant Segment

Private transportation segment is estimated to witness the significant growth rate in the foreseeable future due to the rising demand for personal mobility as a result of urbanisation and the decrease in car ownership are two significant reasons driving the private transportation segment of the MaaS market forward. In the future, MaaS may make it unnecessary for a city resident to own a private car resulting in a major increase in the use of private transportation services.

By Geography, Asia Pacific to Register Remarkable Growth

The region's high population growth rate and growing urbanisation have increased the demand for efficient transportation. Many developing countries in Asia Pacific are changing their focus toward smart personal mobility to minimize travel time and congestion, which is predicted to result in significant growth in urban transportation.

Some of the key players profiled in the Report:

• Citymapper
• Whim
• Moovel
• Moovit
• SkedGo Pty Ltd
• Splyt
• Qixxit
• Smile Mobility
• Communauto
• Lyft, Inc.
• UbiGo AB
• Tranzer
• Uber Technologies Inc.
• Beeline Singapore
• Deutsche Bahn AG

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Solution Type
• Technology Platforms
• Payment Engines
• Telecom Connectivity Providers
• Navigation Solutions
• Insurance Services
• Ticketing Solutions

Market by, Business Model
• Business-To-Business
• Business-To-Consumer
• Peer-To-Peer

Market by, Transportation Type
• Public
• Private

Market by, Vehicle Type
• Buses
• Four-Wheelers
• Micromobility
• Trains

Market by, Propulsion Type
• ICE Vehicle
• Electric Vehicle
• Hybrid Electric Vehicle
• CNG/LPG Vehicle

Market by, Application
• Personalized Application Services
• Journey Management
• Flexible Payments & Transactions
• Journey Planning

Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview            
    1.1 Introduction        
    1.2 Research Objectives       
    1.3 Market Segmentation       
    1.4 Stakeholders        
    1.5 List of Acronyms        
              
2 Executive Summary            
              
3 Research Methodology           
    3.1 Identification of Data       
    3.2 Evaluation of Market Dynamics      
    3.3 Collaboration of Data       
    3.4 Verification and Analysis       
    3.5 Data Sources        
    3.6 Assumptions        
              
4 Market Dynamics            
    4.1 Market Drivers        
           4.1.1 The upsurge in the number of Original Equipment Manufacturers (OEMs)
           4.1.2 Rising trend of cashless payments and high network connectivity
    4.2 Market Restraints        
           4.2.1 High Necessity for Capital Investments
    4.3 Market Opportunities       
    4.4 Market Challenges        
    4.5 Impact of COVID-19 on Mobility as a Service Market     
              
5 Porter's Five Force Analysis           
    5.1 Bargaining Power of Suppliers       
    5.2 Bargaining Power of Buyers       
    5.3 Threat of New Entrants       
    5.4 Threat of Substitutes       
    5.5 Competitive Rivalry in the Market      
              
6 Global Mobility as a Service Market by, Solution Type        
    6.1 Overview        
    6.2 Technology Platforms       
    6.3 Payment Engines        
    6.4 Telecom Connectivity Providers      
    6.5 Navigation Solutions       
    6.6 Insurance Services        
    6.7 Ticketing Solutions        
              
7 Global Mobility as a Service Market by, Business Model        
    7.1 Overview         
    7.2 Business-To-Business       
    7.3 Business-To-Consumer       
    7.4 Peer-To-Peer        
              
8 Global Mobility as a Service Market by, Transportation Type        
    8.1 Overview        
    8.2 Public         
    8.3 Private         
              
9 Global Mobility as a Service Market by, Vehicle Type        
    9.1 Overview        
    9.2 Buses         
    9.3 Four-Wheelers        
    9.4 Micromobility        
    9.5 Trains         
              
10 Global Mobility as a Service Market by, Propulsion Type        
    10.1 Overview        
    10.2 ICE Vehicle        
    10.3 Electric Vehicle        
    10.4 Hybrid Electric Vehicle       
    10.5 CNG/LPG Vehicle        
              
11 Global Mobility as a Service Market by, Application         
    11.1 Overview        
    11.2 Personalized Application Services      
    11.3 Journey Management       
    11.4 Flexible Payments & Transactions      
    11.5 Journey Planning        
               
12 Global Mobility as a Service Market by, Geography         
    12.1 Overview        
    12.2 North America        
    12.3 Europe         
    12.4 Asia Pacific        
    12.5 South America        
    12.6 Middle East & Africa        
              
13 Key Developments            
              
14 Company Profiling            
    14.1 Citymapper        
             14.1.1 Business Overview
             14.1.2 Product/Service Offering
             14.1.3 Financial Overview
             14.1.4 SWOT Analysis
             14.1.5 Key Activities
    14.2 Whim         
    14.3 Moovel         
    14.4 Moovit         
    14.5 SkedGo Pty Ltd        
    14.6 Splyt         
    14.7 Qixxit         
    14.8 Smile Mobility         
    14.9 Communauto        
    14.10 Lyft, Inc.         
    14.11 UbiGo AB         
    14.12 Tranzer         
    14.13 Uber Technologies Inc.       
    14.14 Beeline Singapore        
    14.15 Deutsche Bahn AG