Overview:

Mobility as a Service (MaaS)is nothing but consumer-centric form of human travel. It can also be termed as Transportation as a Service (TaaS). It is real-time, on-demand, platform that mayconsist ofseveral combination of transportation modes like as taxis and car, car and bike sharing, leases and rentals, and provides everything from travel planning to payments to consumers.

Market Dynamics:

Growing demand for connected on-demand transportation services across the globe, coupled with increasing usage of the various apps for booking rides by the smart phones are major factors driving growth of the global market. Additionally, increasing promotions of the online services including online food delivery, ride-hailing, and e-retail due to penetration of smartphones across the especially in the developing countries is expected to drive growth of the global market in the near future. However, robust competition among the service provides and high capital investment are expected to hamper growth of the target market.

Key Trends:

Key players operating in the global mobility as a servicemarket are focusing on the strategic partnerships in order to get competitive edge in the target market. For instance, in April 2019, Key operating player Whim and Japanese company Mitsui Fudosan declared tactical partnership in order to incorporate ‘Mobility as a Service’ platform.

Regional Analysis:

For detailed understanding of market dynamics, the global marketis analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europeregion is expected to account for the largest share in terms of revenue over the forecast year. The growth is mainly attribute to increasing use of mobility as a service in the various airport as well as hospitality sectors in the countries of this region. The market in Asia Pacific is the expected to register significant CAGR during the forecast period, owing to increasing disposable income and offers by the leading players in the countries especially in the China and India of region.

Scope of the Report:

Detailed Segmentation:

Global Mobility As A Service Market, By Service Type

• Ride hailing
• Car sharing
• Micro mobility
• Bus sharing
• Train service

Global Mobility As A Service Market, By Solution Type

• Technology platforms
• Payment engines
• Navigation solutions
• Telecom connectivity providers
• Ticketing solutions
• Insurance services

Global Mobility As A Service Market, By Transportation Type

• Public
• Private

Global Mobility As A Service Market, By Vehicle Type

• Micro mobility
• Four wheelers
• Bus
• Train

Global Mobility As A Service Market, By Application OS

• Android
• iOS
• Others

Key Players Covered:           

Key players operating in the market includesMoovit, Mobilleo, Beeline, Ubigo, Splyt, Citymapper, Whim, Skedgo, Smile mobility, and Qixxit.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Mobility As A Service Market by service type, transportation type, solution type, vehicle type, application OS,and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.