According to Markntel Advisors Report, Mobility as a Service (MaaS) Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2022.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
MaaS (Mobility as a Service) is the integration of various transportation modes into a single service that can be accessed on demand, where users can plan, book, & pay for a wide range of mobility solutions to meet their travel requirements. By offering a simplified link between users & mobility service providers through a technology-enabled platform like a smartphone app, MaaS helps reduce the inefficiencies & additional costs users incur in navigating between several fragmented transportation services.
Global Mobility as a Service (MaaS) Market Research Report & Summary:
The Global Mobility as a Service Market is projected to grow at a CAGR of around 32% during the forecast period, i.e., 2023-28.
Time Period Captured in the Report:
· Historical Years: 2018-21
· Base Years: 2022
· Forecast Years: 2023-28
Who are the Key Players Operating in the Mobility as a Service (MaaS) Market?
The top companies of the Mobility as a Service (MaaS) Market ruling the industry are:
Whim, BlaBlaCar, Car2Go, CityMapper, DiDi Chuxing, Grab, LeCab, Lyft, Mobike, Movit, Ola, Ridecell, Uber, Zoox, Scoot, Floatility, Easy Mile, Bridj, Careem, Ofo, InDriver, Curb Mobility, Others
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What is Included in Mobility as a Service (MaaS) Market Segmentation?
The Mobility as a Service (MaaS) Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Services
- Ride
- Hailing
- Sharing
- Vehicle Sharing
- Car Sharing
- Bi-cycle Sharing
- Motorbike Sharing
- Public Transport
- Bus Sharing/Shuttle Service
- Train
- By Solution
- Technology Platforms
- Payment Engines
- Navigation Solutions
- Telecom Connectivity
- Ticketing Solutions
- Insurance Services
- By Commuting Pattern
- Daily commuting
- First & Last-mile
- Inter-city Trips
- Off-Peak & Shift Work Commute
- Airport or Mass Transit Station
- Others (Hospital, Event Trips, Healthcare/Delivery Service & unplanned requirement)
- By Pricing Model
- Pay-as-you-go
- Monthly Subscription
- By Business Model
- B2B (Business to Business)
- B2C (Business to Customer)
- B2I (Business to Industry)
- B2G (Business to Government)
- By Region
- North America
- South America
- Asia-Pacific
- Europe, Middle East & Africa
Explore the Complete Mobility as a Service (MaaS) Market Analysis Report – https://www.marknteladvisors.com/research-library/global-mobility-as-a-service-market.html
Global Mobility as a Service (MaaS) Market Driver:
Key Driver: Rapidly Growing Demand for On-Demand Transportation
The rising inclination of various consumers worldwide toward micro-mobility has instigated several automakers to invest massively in on-demand transportation, such as taxis, passenger vehicles, & charter vehicles, which is why the world is witnessing the rapidly increasing availability of e-bikes & scooters on rent for consumers to save time & money as they offer features like real-time feedback, flexibility, & vehicle tracking, and rating. Hence, with on-demand transportation comes the ability to identify the consumer's precise location and match demand with available supply, which are the prime aspects projected to drive the Global Mobility as a Service Market during 2023-28.
Growth Restraint: Integration of Government & Private Sector Companies
Multiple authorities like infrastructure & service providers, telecom operators, manufacturers, user groups, and the public sector put efforts into deploying mobility-as-a-service platforms. In some regions, government authorities opt for PPP (Public-Private Partnership) for private firms to actively participate in their initiatives in order to implement & invest in projects. As a result, integrating public & private transportation providers becomes challenging since private transport is on-demand and public transport relies on supply & demand. Hence, the less availability of mobility-as-a-service infrastructure and issues with public acceptance & authority issues are significant barriers for the market to expand during 2023-28..
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