Mobility as a Service Market Forecast | Demand, Key participants, Region, Share, Scope Analysis

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Increasing need for decreasing congestion in urban areas and for reducing costs per user are some key factors driving market revenue growth

Emergen research’s latest document, titled ‘Mobility as a Service market’ is one of the most sought-after market reports involving an in-depth analysis of the global Mobility as a Service market. The report’s authors have offered necessary details on the latest Mobility as a Service market trends and the crucial parameters impacting both short-term and long-term market growth.

The global Mobility as a Service (MaaS) market size reached USD 3.14 Billion in 2021 and is expected to register a revenue CAGR of 32.8% during the forecast period, according to latest analysis by Emergen Research. Increasing need for decreasing congestion in urban areas and for reducing costs per user are expected to support market revenue growth between 2022 and 2030. In addition, increasing need to reduce pollution to improve air quality is expected to drive revenue growth of the market. Increasing urbanization has resulted in a rapid increase in the number of vehicles on the road, resulting in air pollution, which is a serious issue, and a solution is required to alleviate the problem. MaaS is the best solution to the problem as it will reduce the number of vehicles by integrating the planning, booking, and payment in a range of public as well as private transport. Additionally, MaaS reduces the time and cost spent on regular maintenance of owned vehicles. Furthermore, increasing use of Artificial Intelligence (AI), big data, and the Internet of Things (IoT) for transport planning further improves mobility options for urban residents. Moreover, increasing need for faster, convenient, and safer mode of transportation is expected to drive the market revenue growth during the forecast period.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Mobility as a Service market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Mobility as a Service market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Mobility as a Service market.

Competitive Terrain:

The global Mobility as a Service industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

UbiGo AB, Beeline Singapore, Shuttl, Uber technologies, Citymapper, Ola, Moovel Group GmBH, Lyft, Inc., Smile Mobility, Communauto

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Segmentations of the Mobility as a Service Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Mobility as a Service market on the basis of product, application, and region:

Segments Covered in this report are:

  • Service Type Outlook (Revenue, USD Billion; 2017-2027)

    • Ride-hailing
    • Self-driving car service
    • Bi-cycle sharing
    • Car sharing
    • Bus sharing
  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Android
    • iOS
    • Others
  • Business Model Outlook (Revenue, USD Billion; 2017-2027)

    • B2B
    • B2C
    • P2P Rentals

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Regional Outlook of the Mobility as a Service Market

The global Mobility as a Service market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Mobility as a Service market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Key reasons to buy the Global Mobility as a Service Market report:

  1. The latest report comprehensively studies the global Mobility as a Service market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

Table of Contents

  1. Executive Summary
  2. Research Methodology
  3. Market Overview
  4. Regional Landscape
  5. Global Market Analysis and Forecast by Types
  6. Global Market Analysis and Forecast by Applications
  7. Global Market Analysis and Forecast by Regions
  8. North America Market Analysis and Forecast
  9. Europe Market Analysis and Forecast
  10. Asia Pacific Market Analysis and Forecast
  11. Latin America Market Analysis and Forecast
  12. Middle East Africa Market Analysis and Forecast
  13. Competitive Landscape

In conclusion, the Mobility as a Service Market report is an exhaustive database that will help readers formulate lucrative strategies. The Mobility as a Service Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities,  challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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