The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased adoption of shared mobility around the world is expected to drive innovation in mobility as a service manufacturing, driving the market during the forecast period.

The global mobility as a service market is expected to grow from $154.29 billion in 2023 to $181.74 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The mobility as a service market is expected to reach $351.73 billion in 2027 at a CAGR of 17.9%.

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Global Mobility As A Service Market Segments Include:

• By Service Type: Ride Hailing, Car Sharing, Micromobility, Bus Sharing, Train Services
• By Solution Type: Technology Platforms, Payment Engines, Navigation Solutions, Telecom Connectivity Providers, Ticketing Solutions, Insurance Services
• By Application: iOS, Android, Other Applications
• By End Use: Personal, Business
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global mobility as a service market in 2021.

Major Market Players in the mobility as a service market include Uber Technologies Inc., SkedGo Pty Ltd., Moovit Inc., Moovel Group GmbH, UbiGo Innovation AB, Citymapper Ltd., Communauto Inc., Lyft Inc., ANI Technologies Pvt. Ltd.

Technological innovation is a key trend that is gaining traction in the market for mobility as a service. To maintain their market position, major market players are developing innovative technologies such as integrated mobility as a service. The collaboration of mobility service providers to provide appropriate transportation options at each route stage is referred to as integrated mobility. For example, SUN Mobility, an India-based provider of energy infrastructure and services for electric vehicles (EVs), will launch Integrated Mobility-as-a-Service in August 2021. (MaaS). This integrated service offering provides consumers with an all-in-one bundle solution that includes electric vehicles as well as the flexibility of an unlimited swap plan. With the help of this innovative MaaS product, SUN Mobility hopes to onboard over a million vehicles to its battery-swapping platform by 2025.

The Mobility As A Service Global Market Report 2023  provides a mobility as a service market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The mobility as a service market forecast analyzes mobility as a service market size, mobility as a service market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Mobility as a service is a process that integrates various modes of transportation and transportation-related services to create a single, comprehensive, and on-demand mobility service. MaaS is an on-demand, real-time platform that allows customers to book and pay for any combination of transportation options, such as taxis, car rentals, and bike and car-sharing services.

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