Mobility as a Service Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

Market Overview

The global Mobility as a Service (MaaS) market is projected to generate $192.3 billion in revenue in 2024, with expectations to reach $519.6 billion by 2030, reflecting a compound annual growth rate (CAGR) of 18% during the forecast period from 2024 to 2030. This robust growth is primarily driven by increasing concerns over greenhouse gas emissions, urban road congestion, and the cost-effectiveness and convenience of MaaS solutions. Government initiatives promoting sustainable transportation and the rapid pace of urbanization, particularly in developing countries, are further propelling the adoption of MaaS platforms. By 2050, it is anticipated that nearly 68% of the global population will reside in urban areas, underscoring the need for efficient and integrated mobility solutions.

Key Insights

The MaaS market is segmented by service type into ride hailing, ride sharing, micromobility, car rental, and shuttle service. Ride hailing services, exemplified by platforms like Uber and Lyft, are gaining popularity due to their convenience, affordability, and flexibility compared to traditional taxis. Micromobility options, including bike and scooter sharing, are also experiencing significant growth, particularly in densely populated urban centers seeking to alleviate traffic congestion.

In terms of vehicle type, the market encompasses two-wheelers, cars, and buses. The integration of electric vehicles (EVs) into MaaS platforms is a notable trend, driven by environmental concerns and supportive government policies. For instance, in 2023, Zipcar expanded its EV fleet in major cities such as New York City and San Francisco, reflecting a broader industry shift towards sustainable transportation options.

Geographically, the Asia-Pacific region holds the largest market share and is also the fastest-growing region in the MaaS market. This growth is attributed to rapid urbanization, increasing smartphone penetration, and supportive government policies promoting shared mobility services. Countries like China and India are witnessing a surge in MaaS adoption, driven by the need to address urban transportation challenges and reduce environmental impact.

Technological advancements are playing a pivotal role in shaping the MaaS landscape. The proliferation of digital payment methods, mobile technology, and real-time data analytics is enhancing the practicality and user experience of MaaS platforms. Applications like Citymapper utilize real-time data to provide users with efficient routes and updates on public transit schedules and disruptions, integrating multiple modes of transportation within a single platform.

The MaaS market is characterized by fragmentation, with numerous players offering diverse services across various regions. Key stakeholders are focusing on strategic partnerships, mergers, and acquisitions to expand their service offerings and geographic reach. The growing emphasis on reducing carbon emissions and the increasing demand for cost-effective and convenient transportation solutions present significant opportunities for innovation and growth within the MaaS ecosystem. As urban populations continue to expand, the integration of various transportation modes into cohesive MaaS platforms is expected to play a crucial role in addressing the evolving mobility needs of urban dwellers.

Product Code: 11789

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by service type
- 1.4.2. Market size breakdown, by vehicle type
- 1.4.3. Market size breakdown, by commuting pattern
- 1.4.4. Market size breakdown, by end use
- 1.4.5. Market size breakdown, by payment type
- 1.4.6. Market size breakdown, by propulsion type
- 1.4.7. Market size breakdown, by region
- 1.4.8. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Service Type (2019-2030)
6.3. Market Revenue, by Vehicle Type (2019-2030)
6.4. Market Revenue, by Commuting Pattern (2019-2030)
6.5. Market Revenue, by End Use (2019-2030)
6.6. Market Revenue, by Payment (2019-2030)
6.7. Market Revenue, by Propulsion Type (2019-2030)
6.8. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Service Type (2019-2030)
7.3. Market Revenue, by Vehicle Type (2019-2030)
7.4. Market Revenue, by Commuting Pattern (2019-2030)
7.5. Market Revenue, by End Use (2019-2030)
7.6. Market Revenue, by Payment (2019-2030)
7.7. Market Revenue, by Propulsion Type (2019-2030)
7.8. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Service Type (2019-2030)
8.3. Market Revenue, by Vehicle Type (2019-2030)
8.4. Market Revenue, by Commuting Pattern (2019-2030)
8.5. Market Revenue, by End Use (2019-2030)
8.6. Market Revenue, by Payment (2019-2030)
8.7. Market Revenue, by Propulsion Type (2019-2030)
8.8. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Service Type (2019-2030)
9.3. Market Revenue, by Vehicle Type (2019-2030)
9.4. Market Revenue, by Commuting Pattern (2019-2030)
9.5. Market Revenue, by End Use (2019-2030)
9.6. Market Revenue, by Payment (2019-2030)
9.7. Market Revenue, by Propulsion Type (2019-2030)
9.8. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Service Type (2019-2030)
10.3. Market Revenue, by Vehicle Type (2019-2030)
10.4. Market Revenue, by Commuting Pattern (2019-2030)
10.5. Market Revenue, by End Use (2019-2030)
10.6. Market Revenue, by Payment (2019-2030)
10.7. Market Revenue, by Propulsion Type (2019-2030)
10.8. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Service Type (2019-2030)
11.3. Market Revenue, by Vehicle Type (2019-2030)
11.4. Market Revenue, by Commuting Pattern (2019-2030)
11.5. Market Revenue, by End Use (2019-2030)
11.6. Market Revenue, by Payment (2019-2030)
11.7. Market Revenue, by Propulsion Type (2019-2030)
11.8. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Service Type (2019-2030)
12.3. Market Revenue, by Vehicle Type (2019-2030)
12.4. Market Revenue, by Commuting Pattern (2019-2030)
12.5. Market Revenue, by End Use (2019-2030)
12.6. Market Revenue, by Payment (2019-2030)
12.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Service Type (2019-2030)
13.3. Market Revenue, by Vehicle Type (2019-2030)
13.4. Market Revenue, by Commuting Pattern (2019-2030)
13.5. Market Revenue, by End Use (2019-2030)
13.6. Market Revenue, by Payment (2019-2030)
13.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Service Type (2019-2030)
14.3. Market Revenue, by Vehicle Type (2019-2030)
14.4. Market Revenue, by Commuting Pattern (2019-2030)
14.5. Market Revenue, by End Use (2019-2030)
14.6. Market Revenue, by Payment (2019-2030)
14.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Service Type (2019-2030)
15.3. Market Revenue, by Vehicle Type (2019-2030)
15.4. Market Revenue, by Commuting Pattern (2019-2030)
15.5. Market Revenue, by End Use (2019-2030)
15.6. Market Revenue, by Payment (2019-2030)
15.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Service Type (2019-2030)
16.3. Market Revenue, by Vehicle Type (2019-2030)
16.4. Market Revenue, by Commuting Pattern (2019-2030)
16.5. Market Revenue, by End Use (2019-2030)
16.6. Market Revenue, by Payment (2019-2030)
16.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Service Type (2019-2030)
17.3. Market Revenue, by Vehicle Type (2019-2030)
17.4. Market Revenue, by Commuting Pattern (2019-2030)
17.5. Market Revenue, by End Use (2019-2030)
17.6. Market Revenue, by Payment (2019-2030)
17.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Service Type (2019-2030)
18.3. Market Revenue, by Vehicle Type (2019-2030)
18.4. Market Revenue, by Commuting Pattern (2019-2030)
18.5. Market Revenue, by End Use (2019-2030)
18.6. Market Revenue, by Payment (2019-2030)
18.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Service Type (2019-2030)
19.3. Market Revenue, by Vehicle Type (2019-2030)
19.4. Market Revenue, by Commuting Pattern (2019-2030)
19.5. Market Revenue, by End Use (2019-2030)
19.6. Market Revenue, by Payment (2019-2030)
19.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Service Type (2019-2030)
20.3. Market Revenue, by Vehicle Type (2019-2030)
20.4. Market Revenue, by Commuting Pattern (2019-2030)
20.5. Market Revenue, by End Use (2019-2030)
20.6. Market Revenue, by Payment (2019-2030)
20.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Service Type (2019-2030)
21.3. Market Revenue, by Vehicle Type (2019-2030)
21.4. Market Revenue, by Commuting Pattern (2019-2030)
21.5. Market Revenue, by End Use (2019-2030)
21.6. Market Revenue, by Payment (2019-2030)
21.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Service Type (2019-2030)
22.3. Market Revenue, by Vehicle Type (2019-2030)
22.4. Market Revenue, by Commuting Pattern (2019-2030)
22.5. Market Revenue, by End Use (2019-2030)
22.6. Market Revenue, by Payment (2019-2030)
22.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Service Type (2019-2030)
23.3. Market Revenue, by Vehicle Type (2019-2030)
23.4. Market Revenue, by Commuting Pattern (2019-2030)
23.5. Market Revenue, by End Use (2019-2030)
23.6. Market Revenue, by Payment (2019-2030)
23.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Service Type (2019-2030)
24.3. Market Revenue, by Vehicle Type (2019-2030)
24.4. Market Revenue, by Commuting Pattern (2019-2030)
24.5. Market Revenue, by End Use (2019-2030)
24.6. Market Revenue, by Payment (2019-2030)
24.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Service Type (2019-2030)
25.3. Market Revenue, by Vehicle Type (2019-2030)
25.4. Market Revenue, by Commuting Pattern (2019-2030)
25.5. Market Revenue, by End Use (2019-2030)
25.6. Market Revenue, by Payment (2019-2030)
25.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Service Type (2019-2030)
26.3. Market Revenue, by Vehicle Type (2019-2030)
26.4. Market Revenue, by Commuting Pattern (2019-2030)
26.5. Market Revenue, by End Use (2019-2030)
26.6. Market Revenue, by Payment (2019-2030)
26.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Service Type (2019-2030)
27.3. Market Revenue, by Vehicle Type (2019-2030)
27.4. Market Revenue, by Commuting Pattern (2019-2030)
27.5. Market Revenue, by End Use (2019-2030)
27.6. Market Revenue, by Payment (2019-2030)
27.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Service Type (2019-2030)
28.3. Market Revenue, by Vehicle Type (2019-2030)
28.4. Market Revenue, by Commuting Pattern (2019-2030)
28.5. Market Revenue, by End Use (2019-2030)
28.6. Market Revenue, by Payment (2019-2030)
28.7. Market Revenue, by Propulsion Type (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. ANI Technologies Pvt. Ltd.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Lyft Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Uber Technologies Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Beijing Xiaoju Technology Co. Ltd.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Grab Holdings Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Hertz Global Holdings Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Avis Budget Group Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Enterprise Holdings Inc.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Europcar Mobility Group S.A.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Sixt SE
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Didi Chuxing Technology Company
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. FOD Mobility UK Ltd.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Mobility as a Service Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)