North America Mobility as a Service Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the North America Mobility as a Service (MaaS) Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

North America Mobility as a Service Market Size (2024E): US$ 27 Bn
Projected Market Value (2031F): US$ 53.3 Bn
Market Growth Rate (CAGR 2024 to 2031): 10.2%

Mobility as a Service Market - Report Scope:

The North America Mobility as a Service market refers to the integration of various transportation services into a single accessible and customer-friendly platform that offers seamless travel experiences. MaaS is powered by mobile apps that enable consumers to plan, book, and pay for multiple modes of transportation, including buses, trains, taxis, car rentals, and bike-sharing, in one unified interface. The growing focus on convenience, sustainability, and reducing traffic congestion are major factors contributing to the popularity and expansion of MaaS in North America.

Market Growth Drivers:

Several factors are contributing to the growth of the North American MaaS market, including the rising adoption of digital technologies and the demand for seamless, on-demand transportation. Urbanization and increasing traffic congestion are encouraging consumers to seek more efficient and cost-effective ways of commuting. Additionally, the shift toward environmentally friendly transportation alternatives, such as electric vehicles (EVs) and shared mobility solutions, is driving the market's expansion. Government initiatives promoting smart cities and sustainable transportation also play a key role in accelerating MaaS adoption. Furthermore, the COVID-19 pandemic has accelerated the digitalization of mobility solutions, further fueling the demand for MaaS in the region.

Market Restraints:

Despite its strong growth trajectory, the North American MaaS market faces challenges such as regulatory complexities and the need for coordination among multiple stakeholders, including transportation authorities, service providers, and local governments. Data privacy concerns related to the collection and sharing of user information also pose significant challenges. The fragmented nature of transportation networks and limited integration between different transportation modes can hinder the development of seamless MaaS solutions. Additionally, the high cost of infrastructure development for MaaS platforms and the reluctance of some consumers to switch from personal vehicle ownership to shared mobility services may limit market penetration.

Market Opportunities:

The MaaS market presents significant opportunities, driven by advancements in technology and the increasing demand for integrated transportation solutions. The rise of electric and autonomous vehicles presents a unique opportunity to reshape the MaaS landscape by reducing emissions and offering more cost-effective and efficient mobility options. The development of smart cities and the implementation of 5G technology are expected to further enhance MaaS capabilities, enabling real-time data sharing and improved traffic management. Partnerships between transportation service providers, tech companies, and governments can also unlock new opportunities for market players, allowing them to create innovative solutions that meet evolving consumer needs. Additionally, the growing focus on sustainability and reducing urban congestion presents a significant opportunity for MaaS to thrive.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the North America Mobility as a Service market?
How are technological advancements, such as 5G and autonomous vehicles, influencing the MaaS market?
What are the key challenges faced by stakeholders in the North American MaaS ecosystem?
Who are the leading players in the North American MaaS market, and what strategies are they employing to maintain their market positions?
What are the emerging trends and future prospects in the North America Mobility as a Service market?

Product Code: PMRREP34983

1. Executive Summary

1.1. North America Mobility as a Service (MaaS) Snapshot, 2024 and 2031
1.2. Market Opportunity Assessment, 2024 - 2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. North America Sectorial Outlook
- 2.3.2. North America GDP Growth Outlook
- 2.3.3. Other Macro-economic Factors
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact
2.6. Regulatory Landscape
2.7. Supply Chain Analysis
2.8. PESTLE Analysis
2.9. Porter's Five Force Analysis

North America Mobility as a Service Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Table of Contents

Table of Contents

1. Executive Summary

2. Market Overview

3. Price Trend Analysis, 2019 - 2031

4. North America Mobility as a Service (MaaS) Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

5. North America Mobility as a Service (MaaS) Outlook: Country

6. U.S. Mobility as a Service (MaaS) Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

7. Canada Mobility as a Service (MaaS) Outlook: Historical (2019 - 2023) and Forecast (2024 - 2031)

8. Competition Landscape

9. Appendix