Report Feature
Mobility as a Service Market Trends and Forecast
The future of the mobility as a service market looks promising with opportunities in the ride-hailing, ride sharing, carpool, rental, micro mobility, bus sharing, and train services. The global mobility as a service market is expected to grow with a CAGR of 16% to 18% from 2023 to 2028. The major drivers for this market are increasing modes of transportation, rising pollution levels around the world, and growing ownership cost of vehicles.
The future of the mobility as a service market looks promising with opportunities in the ride-hailing, ride sharing, carpool, rental, micro mobility, bus sharing, and train services. The global mobility as a service market is expected to grow with a CAGR of 16% to 18% from 2023 to 2028. The major drivers for this market are increasing modes of transportation, rising pollution levels around the world, and growing ownership cost of vehicles.
Emerging Trends in the Mobility as a Service Market
Emerging trends, which have a direct impact on the dynamics of the industry, include rising government initiatives are facilitating the adoption of MaaS and introduction of driverless evolution in the new age of accessible autonomy.
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Mobility as a Service Market by Segment
The study includes a forecast for the global mobility as a service market by mobility as a service market by service, application, solution, vehicle, business model, end use industry, and region, as follows:
Mobility as a Service Market by Service [Value ($B) Shipment Analysis from 2017 to 2028]:
The study includes a forecast for the global mobility as a service market by mobility as a service market by service, application, solution, vehicle, business model, end use industry, and region, as follows:
Mobility as a Service Market by Service [Value ($B) Shipment Analysis from 2017 to 2028]:
- Ride-Hailing
- Ride Sharing
- Carpool
- Rental
- Micro Mobility
- Bus Sharing
- Train Services
Mobility as a Service Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Personalized Application Services
- Journey Management
- Journey Planning
- Flexible Payments & Transactions
Mobility as a Service Market by Solution [Value ($B) Shipment Analysis from 2017 to 2028]:
- Technology Platform
- Payment Engine
- Navigation Solution
- Telecom Connectivity Provider
- Ticketing Solution
- Insurance Service
Mobility as a Service Market by Vehicle [Value ($B) Shipment Analysis from 2017 to 2028]:
- ICE
- Electric
- Hybrid Electric
- CNG/LPG
Mobility as a Service Market by Business Model [Value ($B) Shipment Analysis from 2017 to 2028]:
- Business-To-Business
- Business-To-Customer
- Peer-To-Peer
Mobility as a Service Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
- Personal
- Business
- Others
Mobility as a Service Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Mobility as a Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mobility as a service companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mobility as a service companies profiled in this report include.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mobility as a service companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mobility as a service companies profiled in this report include.
- ANI Technologies
- Lyft
- Uber Technologies
- Beijing Xiaoju Technology
- Grab Holdings
- Hertz Global Holdings
- Avis Budget Group
Mobility as a Service Market Insights
- Lucintel forecasts that electric will remain the largest segment over the forecast period due to the rising demand for vehicles with low emissions, rapid electrification in transportation systems, and growing demand for electric vehicles that can transmit location and state of charge information to a central data system.
- Ride-hailing is expected to remain the largest segment by services due to the increasing internet penetration, rising expenses of vehicle owners, and digitization of transportation services.
- Asia Pacific will remain the largest region due to the rising fuel prices, growing need for transportation in urban areas, and increasing concerns about the environmental impacts of automobiles in the region.
Features of the Mobility as a Service Market
- Market Size Estimates: Mobility as a service market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Mobility as a service market size by various segments, such as by service, application, solution, vehicle, business model, end use industry, and region
- Regional Analysis: Mobility as a service market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by service, application, solution, vehicle, business model, end use industry, and regions for the mobility as a service market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the mobility as a service market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the mobility as a service market size?
Answer: The global mobility as a service market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for mobility as a service market?
Answer: The global mobility as a service market is expected to grow with a CAGR of 16% to 18% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the mobility as a service market?
Answer: The major drivers for this market are increasing modes of transportation, rising pollution levels around the world, and growing ownership cost of vehicles.
Q4. What are the major segments for mobility as a service market?
Answer: The future of the mobility as a service market looks promising with opportunities in the ride-hailing, ride sharing, carpool, rental, micro mobility, bus sharing, and train services.
Q5. What are the emerging trends in mobility as a service market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include rising government initiatives are facilitating the adoption of MaaS and introduction of driverless evolution in the new age of accessible autonomy.
Q6. Who are the key mobility as a service companies?
Answer: Some of the key mobility as a service companies are as follows:
Q1. What is the mobility as a service market size?
Answer: The global mobility as a service market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for mobility as a service market?
Answer: The global mobility as a service market is expected to grow with a CAGR of 16% to 18% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the mobility as a service market?
Answer: The major drivers for this market are increasing modes of transportation, rising pollution levels around the world, and growing ownership cost of vehicles.
Q4. What are the major segments for mobility as a service market?
Answer: The future of the mobility as a service market looks promising with opportunities in the ride-hailing, ride sharing, carpool, rental, micro mobility, bus sharing, and train services.
Q5. What are the emerging trends in mobility as a service market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include rising government initiatives are facilitating the adoption of MaaS and introduction of driverless evolution in the new age of accessible autonomy.
Q6. Who are the key mobility as a service companies?
Answer: Some of the key mobility as a service companies are as follows:
- ANI Technologies
- Lyft
- Uber Technologies
- Beijing Xiaoju Technology
- Grab Holdings
- Hertz Global Holdings
- Avis Budget Group
Q7. Which mobility as a service segment will be the largest in future?
Answer: Lucintel forecasts that electric will remain the largest segment over the forecast period due to the rising demand for vehicles with low emissions, rapid electrification in transportation systems, and growing demand for electric vehicles that can transmit location and state of charge information to a central data system.
Q8. In mobility as a service market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region due to the rising fuel prices, growing need for transportation in urban areas, and increasing concerns about the environmental impacts of automobiles in the region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecasts that electric will remain the largest segment over the forecast period due to the rising demand for vehicles with low emissions, rapid electrification in transportation systems, and growing demand for electric vehicles that can transmit location and state of charge information to a central data system.
Q8. In mobility as a service market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific will remain the largest region due to the rising fuel prices, growing need for transportation in urban areas, and increasing concerns about the environmental impacts of automobiles in the region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Mobility as a Service Market
6.1.1 Growth Opportunities for the Global Mobility as a Service Market by Service
6.1.2 Growth Opportunities for the Global Mobility as a Service Market by Application
6.1.3 Growth Opportunities for the Global Mobility as a Service Market by Solution
6.1.4 Growth Opportunities for the Global Mobility as a Service Market by Vehicle
6.1.5 Growth Opportunities for the Global Mobility as a Service Market by Business Model
6.1.6 Growth Opportunities for the Global Mobility as a Service Market by End Use Industry
6.1.7 Growth Opportunities for the Global Mobility as a Service Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the mobility as a service market by service (ride-hailing, ride sharing, carpool, rental, micro mobility, bus sharing and train services), application (personalized application services, journey management, journey planning and flexible payments & transactions), solution (technology platform, payment engine, navigation solution, telecom connectivity provider, ticketing solution, and insurance services), vehicle (ICE, electric, hybrid electric, and CNG/LPG), business model (business-to-business, business-to-customer, and peer-to-peer), end use industry (personal, business, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to mobility as a service market or related mobility as a service companies, mobility as a service market size, mobility as a service market share, mobility as a service analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
