Global Mobility as a Service Market
The global Mobility as a Service market was valued at USD 3.3 billion in 2020 which expected to reach USD 35.39 billion by 2027 at a CAGR 31.6% from 2020-2027.
Mobility-as-a- Service is a new type of service that allows users to plan, book, and pay for various types of mobility services through a single digital channel. The concept refers to a shift away from privately owned modes of transportation and toward mobility as a service.
Market Drivers
Smart city initiatives and increased urbanization
Regulations and a growing emphasis on smart city initiatives are driving MaaS implementations. Countries are developing new policies to promote the use of MaaS in transportation. The Finnish Act on Transport Services, for example, entered into force in 2018 and aims, among other things, to promote the implementation of MaaS. France is also leading the way in the development of new mobility schemes and MaaS models.
Know more about this report: request for sample pages
Market Restraints
Increased demand for car rentals/station-based car rentals following the pandemic
With the increasing need to adhere to social distancing norms as a result of the COVID-19 pandemic, station-based mobility is likely to gain popularity. Commuters, on the other hand, would choose car rental services over public transportation to ensure minimal contact with people rather than multimodal transportation.
COVID-19 Impact on the Mobility as a Service Market
As the pandemic spreads rapidly on a global scale, countries around the world are attempting to prevent further contagion by implementing measures such as social distancing, contact tracing, self-quarantining, surveillance, communication, and testing. So far, China, Japan, and Singapore have flattened the curve, while the United States, Brazil, India, Spain, Russia, and Italy are taking drastic measures to slow the spread and reduce fatalities. The COVID-19 crisis has resulted in massive ride drops for companies such as Uber and Lyft
Market Segmentation
The Global Mobility as a Service Market is segmented into Service Type, Application. By Service Type such as Car, Bus, Bike. Further, market is segmented into By Application such as Public, Private.
Regional Analysis
Global Mobility as a Service Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Mobility as a Service market. Due to the dominance of some of the leading vendors, such as Whim, Citymapper, Tanzer, and Moovel, Asia Pacific is the largest market. Furthermore, developed Asian economies such as China, Singapore, South Korea, Japan, and a few others were early adopters of MaaS services. With operating revenues of up to USD 258.4 billion in 2019, China leads the Asian market. These countries have made investments in intelligent transportation infrastructure. The Asian market is expected to be driven by planned investments to improve urban transportation and traffic infrastructure. Increased digitalization has aided market growth even further by providing efficient ride reservation and tracking technologies.
Key Players
Various key players are listed in this report such as Moovit Inc. , MaaS Global Oy , Citymapper , Mobilleo , SkedGo Pty Ltd , UbiGo , Splyt , Qixxit , Communauto , and Tranzer ..
Market Taxonomy
By Service Type
By Application
By Region
Key Questions Addressed by the Report
Global Mobility as a Service Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Mobility as a Service Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Mobility as a Service Market, By Service Type
5.1 Y-o-Y Growth Comparison, By Service Type
5.2 Global Mobility as a Service Market Share Analysis, By Service Type
5.3 Global Mobility as a Service Market Size and Forecast, By Service Type
5.3.1 Car
5.3.2 Bus
5.3.3Bike
6 Global Mobility as a Service Market, By Transportation Type
6.1 Y-o-Y Growth Comparison, By Transportation Type
6.2 Global Mobility as a Service Market Share Analysis, By Transportation Type
6.3 Global Mobility as a Service Market Size and Forecast, By Transportation Type
6.3. 1 Public
6.3.2 Private
7 Global Mobility as a Service Market, By Region
7.1 Global Mobility as a Service Market Share Analysis, By Region
7.2 Global Mobility as a Service Market Share Analysis, By Region
7.3 Global Mobility as a Service Market Size and Forecast, By Region
8 North America Mobility as a Service Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Mobility as a Service Market Share Analysis, By Service Type
8.3 North America Mobility as a Service Market Size and Forecast, By Transportation Type
8.4 North America Mobility as a Service Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Mobility as a Service Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Mobility as a Service Market Share Analysis, By Service Type
9.3 Europe Mobility as a Service Market Size and Forecast, By Transportation Type
9.4 Europe Mobility as a Service Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Mobility as a Service Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Mobility as a Service Market Share Analysis, By Service Type
10.3 Asia Pacific Mobility as a Service Market Size and Forecast, By Transportation Type
10.4 Asia Pacific Mobility as a Service Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Mobility as a Service Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Mobility as a Service Market Share Analysis, By Service Type
11.3 Latin America Mobility as a Service Market Size and Forecast, By Transportation Type
11.4 Latin America Mobility as a Service Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Mobility as a Service Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Mobility as a Service Market Share Analysis, By Service Type
12.3 Middle East Mobility as a Service Market Size and Forecast, By Transportation Type
12.4 Middle East Mobility as a Service Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Moovit Inc
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. MaaS Global Oy
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Citymapper
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Mobilleo
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 SkedGo Pty Ltd.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 UbiGo
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Splyt.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Qixxit
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Communauto
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Tranzer
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategie