Mobility as a Service Market Demands, Regional and Global Analysis, Industry Size, Trends and Revenue by Forecast 2028
The world class Mobility as a Service Market report all-inclusively estimates general market conditions, the growth prospects in the market, possible restrictions, significant industry trends, market strategies, market size, market share, sales volume and future trends. Analysis of major challenges faced currently by the business and the possible future challenges that the business may have to face while operating in this market are also taken into account. Gaining valuable market insights with the new skills, latest tools and innovative programs is sure to help business achieve business goals. Mobility as a Service Market research report encompasses a comprehensive study of the product specifications, revenue, cost, price, gross capacity and production.
Market Analysis and Insights
The mobility as a service market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 33.1% in the forecast period of 2021 to 2028 and is expected to reach USD 711,813.29 million by 2028. Growing adoption of service models with payment system is acting as a major factor for the growth of the mobility as a service market.
Mobility as a service is a consumer-centric model for providing transportation for people. Mobility as a service is also known as MaaS and sometimes referred to as transportation as a service (TaaS). Mobility as a service is the integration of transport methods such as car and bike sharing, taxis and car rentals/leases through digital channels which enables consumers to plan, book and pay for multiple types of mobility services. The main concept of developing MaaS is to offer travellers mobility solutions based on their travel needs.
The rising urbanization and smart city initiatives are driving the mobility as a service market growth with increased demand for advanced products having enhanced connectivity and performance. The market players have to meet the regulatory standards of each country in which they are selling their products which is limiting the mobility as a service market growth. The growth of electric vehicles for comfortable and clean transport at a lower cost is creating opportunity for the mobility as a service market. The low awareness of the lifetime cost of private vehicles and service ownership is going to be a major challenge for the mobility as a service market.
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Segmentation:
The mobility as a service market is segmented on the basis of service type, solution, transportation type, vehicle type, application platform, requirement type, organization size and usage. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of service type, the mobility as a service market is segmented into car sharing, bus sharing, train, ride hailing, bi-cycle sharing, self-driving cars and others. In 2021, ride hailing segment held larger share in the mobility as a service market due to the growing option for booking and comfort which has raise the demand for rail hailing services.
- On the basis of solution, the mobility as a service market is segmented into navigation solutions, ticketing solutions, technology platforms, insurance services, telecom connectivity providers and payment engines. In 2021, navigation solutions category has accounted for maximum market size due to growing importance of passenger safety and growing concern for minimizing travelling time has increase the demand for navigation solutions.
- On the basis of transportation type, the mobility as a service market is segmented into publicand private. In 2021, public category has accounted for maximum market size due to rising vehicle traffic which has increase the demand for mobility services.
- On the basis of vehicle type, the mobility as a service market is segmented into four wheelers, bus, trainand micro mobility. In 2021, four wheelers segment held the largest share in the market which is mainly attributed to rising investment in the transportation infrastructure which has fuel the demand for mobility services.
- On the basis of application platform, the mobility as a service market is segmented into IOS, android and others. In 2021, android category has accounted for maximum market size owing to rising internet penetration and growing usage of mobile in the developing economies which has resulted in increasing demand for mobility services for the android application.
- On the basis of requirement type, the mobility as a service market is segmented into first and last mile connectivity, off-peak and shift work commute, daily commuter, airport or mass transit stations trips, inter-city trips and others. In 2021, inter-city trips category held larger market share owing to the rising vehicle traffic which has increase the demand for mobility services.
- On the basis of organization size, the mobility as a service market is segmented into large enterprises and small and medium size enterprises (SMES). In 2021, large enterprises segment held larger market share owing to the growing investment from the various tech-giants in the car sharing and transportation infrastructure which are making their presence in the transportation industry.
- On the basis of usage, the mobility as a service market is segmented into commercial and personal. In 2021, commercial category held larger market share owing to the growing need for safe, effective and cost friendly transportation option of goods and materials.
The major Key Players covered in the Mobility as a Service Market report are:
The major players covered in the global mobility as a service market report are Moovit Inc. (a subsidiary of Intel Corporation), UbiGo Innovation AB, MaaS Global Oy, SkedGo Pty Ltd, moovel Group GmbH (a subsidiary of Daimler AG), Velocia, Communauto, Beijing Xiaoju Technology Co, Ltd., Citymapper Limited, Cubic Corporation, innovation in traffic systems SE, Mobilleo, BRIDJ Pty Ltd, MOTIONTAG GmbH, ANI Technologies Pvt. Ltd., Splyt Technologies Ltd., BlaBlaCar, Lyft, Inc., Uber Technologies, Inc., Curb Mobility, GREENLINES TECHNOLOGY INC., EasyMile, Ridecell, Inc, Zoox, Inc. (a subsidiary of Amazon.com, Inc.), Maxi Mobility S.L., Gett, Bolt Technology OÜ among other global and domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Careful work of skilled forecasters, well-versed analysts and knowledgeable researchers gives outcome of such premium Mobility as a Service Market research report. The report offers wide-ranging statistical analysis of the market’s continuous developments, market strategies, capacity, production, production value, cost/profit, supply/demand and import/export. This report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market for Mobility as a Service industry. A numerous markets, marketing strategies, trends, future products and rising opportunities are taken into consideration while studying market and preparing Mobility as a Service market report.
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Attractions of the Mobility as a Service Market Report: –
Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
The forecast Mobility as a Service Market data will help in the feasibility analysis, market size estimation and development
The report serves as a complete guide which micro monitors all vital Mobility as a Service Market
A concise market view will provide ease of understanding.
Nut Oil Market Competitive market view will help the players in making a right move
Country Level Analysis
The Mobility as a Service Market is analyzed and market size insights and trends are provided by country, distributional channel, end-user, connectivity and lawn covered as referenced above.
The countries covered in the Mobility as a Service Market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
What benefits does DBM research study is going to provide?
Latest industry influencing trends and development scenario
Open up New Markets
To Seize powerful market opportunities
Key decision in planning and to further expand market share
Identify Key Business Segments, Market proposition & Gap Analysis
Assisting in allocating marketing investments
Some Points from Table of Content
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Mobility as a Service Market Landscape
Part 04: Mobility as a Service Market Sizing
Part 05: Mobility as a Service Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Published Fri, 20 May 2022 08:31:29 -0500
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