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The Mobility As A Service Global Market Report 2023 by The Business Research Company, provides mobility as a service market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Mobility As A Service Global Market Report 2023, the market size 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global mobility as a service industry is expected to reach $351.73 billion in 2027 at a CAGR of 17.9%.
The rise in the adoption of shared mobility around the globe is expected to propel the growth of mobility as a service market. Sharing mobility refers to various ridesharing practices, such as carpooling, vanpooling, bike sharing, and on-demand ride services as an alternative to shuttles, private transit services, fixed-route bus and rail services, and paratransit. Mobility as a service eases shared mobility by bringing in technology and application.
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The mobility as a service market is segmented:
1) By Service Type: Ride Hailing, Car Sharing, Micromobility, Bus Sharing, Train Services
2) By Solution Type: Technology Platforms, Payment Engines, Navigation Solutions, Telecom Connectivity Providers, Ticketing Solutions, Insurance Services
3) By Application: iOS, Android, Other Applications
4) By End Use: Personal, Business
Technological innovation is a key trend gaining popularity in the mobility as a service market. Major companies operating in the market are developing innovative technologies, such as integrated mobility as a service to sustain their market position. Integrated mobility refers to the collaboration of mobility service providers to provide appropriate transportation options at each route stage. For instance, in August 2021, SUN Mobility, an India-based provider of energy infrastructure and services for electric vehicles (EVs), launched Integrated Mobility-as-a-Service (MaaS). This integrated service offering offers consumers an all-inclusive bundle solution that includes electric vehicles and the flexibility of an unlimited swap plan. SUN Mobility hopes to onboard over a million vehicles to its battery-swapping platform by 2025 with the help of this creative MaaS product.
The mobility as a service market report table of contents includes:
1. Executive Summary
2. Mobility As A Service Market Characteristics
3. Mobility As A Service Market Trends And Strategies
4. Mobility As A Service Market - Macro Economic Scenario
5. Mobility As A Service Market Size And Growth
…….
26. Africa Mobility As A Service Market
27. Mobility As A Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mobility As A Service Market
29. Mobility As A Service Market Future Outlook and Potential Analysis
30. Appendix
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