Mobility-as-a-Service (MaaS) Market Growth During The Forecast Period 2030

 Research Nester published a report titled “Mobility-as-a-Service (MaaS) Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalmobility-as-a-service (MaaS) market in terms of market segmentation by service, vehicle type, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global mobility-as-a-service (MaaS) market is estimated to attain a CAGR of ~30% over the forecast period, i.e., 2022 – 2030. The market is segmented by application into journey planning, travel management, payment management, route selection, and others, out of which, the payment management segment is estimated to gain notable revenue share over the forecast period, owing to the ease of making direct payment, backed by increasing acceptance of online banking and payment applications through smartphones.

The global mobility-as-a-service (MaaS) market is estimated to grow on the back increasing penetration of internet of things (IoT) and growing demand for efficient transport system backed by adoption of smart cities on the global level. Increasing urbanization is also a major factor estimated to boost the market growth. According to the data by the United Nations Population Division the global urban population reached 56.15% of the total global population in 2020. 

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On the basis of geographical analysis, the global mobility-as-a-service (MaaS) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America is anticipated to gain the largest share during the forecast period on the back of the successful adoption of smart cities, such as, New York and Boston, among others, along with growing urban population in the developed nations. According to the data by the World Bank, 82.553% of the population in North America lives in urban areas in 2020.

The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.

Growing Demand for Efficient Transportation in Smart Cities to Boost the Market Growth

Smart cities are integrated with information technology and communication technology connected to Internet of Things. This has generated the demand for a smart transport system, which is estimated to boost the demand for mobility-as-a-service (MaaS) market.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

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However, requirement of high investment is expected to operate as key restraint to the growth of the global mobility-as-a-service (MaaS) market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global mobility-as-a-service (MaaS) market which includes company profiling of SkedGo Pty Ltd, FOD Mobility UK Limited, Citymapper Limited, MaaS Global, Moovit Inc., Qixxit, Splyt Core Foundation, Communauto, Tranzer B.V., UbiGo and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global mobility-as-a-service (MaaS) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.