Dublin, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The "Mobility as a Service - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Mobility as a Service was estimated at US$9.5 Billion in 2023 and is projected to reach US$50.3 Billion by 2030, growing at a CAGR of 26.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Mobility as a Service market is driven by several factors, including increasing urbanization, the need for sustainable transport, advancements in digital technology, and supportive government policies. The trend towards smart cities is encouraging the adoption of MaaS to tackle urban mobility challenges such as congestion and pollution. Governments are actively promoting MaaS through funding and incentives, making it easier for service providers to launch and scale operations.
Moreover, the shift in consumer preferences toward flexible, pay-per-use models and the convenience of integrated travel solutions are driving the market forward. The rise of electric and autonomous vehicles within MaaS platforms also supports sustainable growth, appealing to eco-conscious consumers.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Mobility as a Service Market such as Beeline Singapore, Citymapper, Communauto, Deutsche Bahn AG, DiDi Chuxing and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Trends Shaping the Mobility as a Service Market
Several key trends are influencing the growth of MaaS, including the shift towards integrated multimodal transport, the rise of electric and autonomous vehicles, and the emphasis on data-driven insights. The concept of Mobility as a Service supports multimodal transport by combining various modes into a seamless journey. This integration encourages people to adopt a mix of transport options, from public buses to e-scooters, for different legs of their trip, leading to a reduction in carbon footprints. Additionally, the adoption of electric and autonomous vehicles within MaaS ecosystems is expected to transform urban mobility by making it more sustainable and efficient.
Data analytics is playing a crucial role in the evolution of MaaS by providing insights into travel patterns, user preferences, and demand forecasting. By leveraging these insights, service providers can optimize routes, reduce wait times, and improve the overall quality of service. Moreover, partnerships between public and private transportation providers are becoming more common, creating unified systems that benefit from the strengths of both sectors. The development of flexible pricing models, such as subscription-based packages or pay-per-use options, is further shaping MaaS by making it accessible and cost-effective for different user groups.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Private Transportation segment, which is expected to reach US$49.0 Billion by 2030 with a CAGR of a 27.4%. The Public Transportation segment is also set to grow at 14.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.4 Billion in 2023, and China, forecasted to grow at an impressive 33.9% CAGR to reach $14.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Mobility as a Service Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 26 companies featured in this Global Mobility as a Service market report include:
- Beeline Singapore
- Citymapper
- Communauto
- Deutsche Bahn AG
- DiDi Chuxing
- Grab
- Lyft, Inc.
- MaaS Global Oy
- Mobilleo
- Moovel Group
- Moovit Inc.
- Qixxit
- SkedGo Pty Ltd
- Splyt Technologies Ltd,
- Transit Systems Pty Ltd.
- Tranzer
- Uber Technologies Inc.
- UbiGo AB
Key Attributes
| Report Attribute | Details |
| No. of Pages | 83 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $9.5 Billion |
| Forecasted Market Value (USD) by 2030 | $50.3 Billion |
| Compound Annual Growth Rate | 26.9% |
| Regions Covered | Global |
MARKET OVERVIEW
- Global Economic Update
- Mobility as a Service - Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
MARKET TRENDS & DRIVERS
- Rising Demand for Integrated and Convenient Transportation Solutions Spurs Growth in MaaS Market
- Technological Advancements in Real-Time Data and Mobile Apps Strengthen Business Case for Adoption
- Growing Focus on Reducing Traffic Congestion and Urbanization Challenges Expands Addressable Market
- Expansion of MaaS in Public Transportation and Ride-Sharing Services Fuels Market Growth
- Increasing Adoption of MaaS in Carpooling, Bike-Sharing, and Micro-Mobility Expands Market Opportunities
- Technological Innovations in AI-Powered Routing and Predictive Analytics Propel Market Expansion
- Rising Focus on Sustainability and Reducing Carbon Emissions Drives Demand for MaaS Solutions
- Growing Use of MaaS in Travel Planning and Payment Integration Expands Market Potential
- Focus on Enhancing User Experience and Payment Convenience Strengthens Market for MaaS
- Rising Adoption of Subscription-Based and Pay-As-You-Go Transportation Models Expands Addressable Market
- Technological Advancements in Connected Vehicles and 5G Propel Market Growth
- Expansion of MaaS in Corporate and Business Travel Solutions Expands Market Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/az3i75
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
