The Mobility As A Service Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 33.9 % in the forecast period of 2021 to 2028 and is expected to reach USD 172,787.89 million by 2028.
The huge investments made by market players in developing green vehicles has propelled the growth of this market in Europe.
Mobility as a service is a consumer-centric model for providing transportation for people. Mobility as a service is also known as MaaS and sometimes referred to as transportation as a service (TaaS). Mobility as a service is the integration of transport methods such as car and bike sharing, taxis and car rentals/leases through digital channels which enables consumers to plan, book and pay for multiple types of mobility services. The main concept of developing MaaS is to offer travellers mobility solutions based on their travel needs.
The rising urbanization and smart city initiatives are driving the mobility as a service market growth with increased demand for advanced products having enhanced connectivity and performance. The market players have to meet the regulatory standards of each country in which they are selling their products which is limiting the mobility as a service market growth. The growth of electric vehicles for comfortable and clean transport at a lower cost is creating opportunity for the mobility as a service market. The low awareness of the lifetime cost of private vehicles and service ownership is going to be a major challenge for the mobility as a service market.
This mobility as a service market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Mobility as a Service Market Scope and Market Size
The mobility as a service market is segmented on the basis of service type, solution, transportation type, vehicle type, application platform, requirement type, organization size and usage. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of service type, the mobility as a service market is segmented into
- Car sharing,
- Bus sharing,
- Ride hailing,
- Bi-cycle sharing,
- Self-driving cars
On the basis of solution, the mobility as a service market is segmented into
- Navigation solutions,
- Ticketing solutions,
- Technology platforms,
- Insurance services,
- Telecom connectivity providers
- Payment engines.
On the basis of transportation type, the mobility as a service market is segmented into
On the basis of vehicle type, the mobility as a service market is segmented into
- Four wheelers,
- Micro mobility.
On the basis of application platform, the mobility as a service market is segmented into
On the basis of requirement type, the mobility as a service market is segmented into
- Last mile connectivity,
- Off-peak and shift work commute,
- Daily commuter,
- Airport or mass transit stations trips,
- Inter-city trips
On the basis of organization size, the mobility as a service market is segmented into
- Large enterprises
- Small enterprises
- Medium size enterprises (SMES).
On the basis of usage, the mobility as a service market is segmented into
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Mobility as a Service Market Country Level Analysis
Mobility as a service market is analysed and market size information is provided by the country, service type, solution, transportation type, vehicle type, application platform, requirement type, organization size and usage as referenced above.
The countries covered in mobility as a service market report are
- Rest of Europe.
Germany is dominating the European region for mobility as a service market due to the growing need of MaaS among the business organizations to deploy holistic solutions such as MaaS to address the traffic congestion and environmental issues
Competitive Landscape and Mobility as a Market Share Analysis
The mobility as a service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to mobility as a service market.
The major players covered in the report are
- Moovit Inc. (Subsidiary of Intel Corp.),
- UbiGo Innovation AB,
- MaaS Global Oy,
- SkedGo Pty Ltd,
- moovel Group GmbH (Subsidiary of Daimler AG),
- Communauto, Lyft, Inc.,
- Uber Technologies, Inc.,
- Citymapper Limited,
- Cubic Corporation,
- innovation in traffic systems SE,
- MOTIONTAG GmbH,
- ANI Technologies Pvt. Ltd.,
- Splyt Technologies Ltd.,
- Lyft, Inc.,
- Uber Technologies, Inc.,
- Among others.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Europe Mobility as a Service Market by Product Procedure type
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