Global Mobility-as-a-Service (MaaS) Market Expected to Reach XX Million by 2025

2018-03-28 15:19:02

According to a new report published by Reports Monitor titled, “Mobility-as-a-Service (MaaS) Market By End-User: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Mobility-as-a-Service (MaaS) Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the Mobility-as-a-Service (MaaS) Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period. 

Transportation market is the world’s second largest consumer market and is entering a period of significant change, with new technologies, products and services. Mobility-as-a-Service (MaaS) is recognized as a disruptive innovation. 

Mobility-as-a-Service (MaaS) describes a shift away from personally-owned modes of transportation, towards mobility solutions which are consumed as a service. By combining transportation services from public and private transportation providers through a unified gateway, the service is enabled.  It creates and manages the trip, which users can pay for with a single account. Users can pay per trip or a monthly fee for a limited distance. The key concept behind MaaS is to offer both the travellers and goods mobility solutions based on the travel needs. MaaS is not limited to individual mobility; it can be applied to movement of goods, as well – especially in urban areas.

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MaaS provides a carefree and environment friendly alternative to owning a car and business opportunities for new transport services. Mobility-as-a-Service (MaaS) concept was born in Finland and is now a vital part of the national transport policy. This concept expected to be treated as an excellent business opportunity globally. 

Global Mobility-as-a-Service-MaaS market has been segmented on the basis of End- Users as, Below 25 Years, 25-40 Years, and Above 40 Years. By Geography, global Mobility-as-a-Service-MaaS market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Europe is expected to be the largest market for MaaS due to the presence of many MaaS service providers in European countries. Asia-Pacific region is also expected to be the fastest growing market for MaaS as increased awareness about such service is propelling demand in this region.

Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in Global Mobility-as-a-Service (MaaS) Market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?

The major companies profiled in the report include: BlaBla Car, Didi, Gett, Grab Taxi, Kako Taxi, Lyft, Meru, Mytaxi (Hailo), Ola Cabs and Uber. 

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