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Mobility as a Service Market Companies, Share, Forecast, Overview and Analysis by 2028

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The global Mobility as a Service market is forecasted to be worth USD 523.61 Billion by 2027, according to a current analysis by Emergen Research. The market is experiencing increased demand due to the growing challenges of traffic congestions, air pollution, and the emission of greenhouse gases. The shift will finally enable efficient asset utilization by transitioning from an ownership model of private assets to user-ownership of shared assets.

Shared transportation has the potential to displace private vehicle ownership, which is usually inequitable, costly, and inefficient as compared to traditional mobility. This unlocks a mobility future that is more reliable, affordable, clean, and efficient for future generations. Certain factors such as integration of telecom and transportation industries in the MaaS market, rise in mobility as a service through blockchain, and growing trend of cashless payments coupled with high network connectivity is anticipated to fuel the market.

The report provides detailed insights into Mobility as a Service market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Mobility as a Service market size over the forecast period, 2020–2028. The report includes profiles of major Mobility as a Service players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Mobility as a Service market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Global Mobility as a Service market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Mobility as a Service market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Mobility as a Service market.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Mobility as a Service market share contribution of these countries. In addition, Mobility as a Service market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Key Highlights From The Report

  • In April 2019, Reach Now launched its MaaS platform in Asia – Japan. The ‘Iziko’ app not only offers access to buses, trains, rental cars & bikes, and on-demand ridesharing but even tickets for tourist attractions.
  • The ride-hailing segment is forecast to witness a significant growth rate of 25.7% through 2027 on account of the global acceptance of ride-hailing at all levels, ranging from enterprises to personal requirements. Additionally, cashless transactions and assured pickups services offered are further boosting segmental growth.
  • The android segment is estimated to contribute significantly to the Mobility as a Service market share on account of the massive adoption of android smartphones owing to their variety of functions and lower prices as compared to the other application types.

Top key vendors in Mobility as a Service Market include are:

  • Key participants include UbiGo AB, Beeline Singapore, Shuttl, Uber technologies, Citymapper, Ola, Moovel Group GmBH, Lyft, Inc., Smile Mobility, and Communauto, among others.

For the purpose of this report, Emergen Research has segmented into global Mobility as a Service Market on the basis of service type, application, business model, vehicle type, and region:

  • Service Type Outlook (Revenue, USD Billion; 2017-2027)
    • Ride-hailing
    • Self-driving car service
    • Bi-cycle sharing
    • Car sharing
    • Bus sharing
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Android
    • iOS
    • Others
  • Business Model Outlook (Revenue, USD Billion; 2017-2027)
    • B2B
    • B2C
    • P2P Rentals
  • Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
    • Passenger cars
    • Buses
    • Bikes

Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent [email protected] https://www.emergenresearch.com/industry-report/mobility-as-a-service-market

In terms of Mobility as a Service market share and revenue contribution to the global Mobility as a Service market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Mobility as a Service market share.

The market intelligence report on the Mobility as a Service Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Mobility as a Service industry

North America Mobility as a Service market revenue growth was relatively higher than that of other regional markets in 2020. North America Mobility as a Service market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.  

Asia Pacific Mobility as a Service market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Mobility as a Service market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Mobility as a Service market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Mobility as a Service market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting [email protected]https://www.emergenresearch.com/request-for-customization/313 

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Mobility as a Service industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Mobility as a Service market across different regions?
  • Who are the major driving forces expected to decide the fate of the Mobility as a Service industry worldwide?
  • Who are the prominent market players making a mark in the Mobility as a Service market with their winning strategies?
  • Which Mobility as a Service industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Mobility as a Service market?

Table of Content

Chapter 1. Methodology & Sources

    1.1. Mobility as a Service Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Mobility as a Service Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Mobility as a Service Market Segmentation & Impact Analysis

    4.1. Mobility as a Service Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Mobility as a Service Market indicators analysis

          4.2.2. Mobility as a Service Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Mobility as a Service Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Mobility as a Service products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Mobility as a Service Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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Tags: Mobility as a Service Market Size, Mobility as a Service Market, Mobility as a Service Market Share

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Contact Information:

Contact Us: Eric Lee Corporate Sales Specialist Emergen Research | Web: www.emergenresearch.com Direct Line: +1 (604) 757-9756 E-mail: [email protected] Facebook | LinkdIn | Twitter | Blogs