The Global Mobility as a Service Market is growing with the rapid pace mainly due to the high travel demand on transport networks and increasing need of both workplaces and employees that may support a reducing the traffic in peak hours. According to a recent study report published by the Market Research Future, The global market of Mobility as a Service is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2023).
The Global Mobility as a Service Market is driven by the growing demand of transportation system and industrial growth. The companies are providing Mobility as a Service due to increasing need of transport services which offer the consumers tailor made mobility solutions. With the advancement in smartphones, it becomes easier for the customers to avail these services at any time at the lower cost.
The smartphone and the evolution of big data are the driving factors of the Mobility as a Service Market growth. With these technological evolution, the companies are investing into these services. The smartphones generates the data which is required to manage a system that combines public and private transport as well. The companies’ offers these services via sending the information through an app which would help the customers know about the transportations package services, plans and payment options to suite consumers.
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Major Key Players
Make my trip (India),
Didi Dache (China),
Lecabs (France), Cabify (U.S) among others.
Mobility as a Service Global Market – Segmentation
The Mobility as a Service Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Type : Comprises Buses, Cabs, Flights and others.
Segmentation By Services: Comprises E hailing services, Bike sharing services, Car sharing services, Pop up bus services, Self-Driving car services, Available routes, Pricing information, MaaS customer transaction validation, Real time asset/vehicle position, Asset usage by customers, Ride sharing, Transport Operator assets and services among others.
Segmentation By Application: Comprises Personalized application service, Dynamic Journey management, Flexible payment, Transactions, Journey planning among others.
Segmentation By End Users: Comprises Public sector, Private sector among others.
Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
North-America is dominating the Global Mobility as a Service Market with the largest market share and is expected to grow over its previous growth records by 2023. The advancements in ease of transportation system to handle traffic control and cover the distance in time is propelling the growth of Mobility as a Service in these regions. Mobility as a Service Market in Asia-Pacific market is expected to grow at a substantial CAGR during 2017 to 2023 as MaaS is providing best services to travel and security to the travellers which is increasing the demand for mobility as a service in the region. The European market for Mobility as a Service Market is expected to grow at a considerable CAGR (2017-2023).
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- System Security
- Software investors
- Mobility as a Service solution vendors
- Mobility as a Service Providers
- Network providers
- Transportation providers
- Data providers
- Transport operators
- Transport Tracking
- MaaS Service providers
- Value-added Resellers
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