Global Mobility as a Service Market Size, Trends & Growth Opportunity, By Service Type, By Application, By Region and Forecast till 2027.

The global Mobility as a Service market was valued at USD 3.3 billion in 2020 which expected to reach USD 35.39 billion by 2027 at a CAGR 31.6% from 2020-2027.



Mobility-as-a- Service is a new type of service that allows users to plan, book, and pay for various types of mobility services through a single digital channel. The concept refers to a shift away from privately owned modes of transportation and toward mobility as a service.

Market Drivers

Smart city initiatives and increased urbanization
Regulations and a growing emphasis on smart city initiatives are driving MaaS implementations. Countries are developing new policies to promote the use of MaaS in transportation. The Finnish Act on Transport Services, for example, entered into force in 2018 and aims, among other things, to promote the implementation of MaaS. France is also leading the way in the development of new mobility schemes and MaaS models.

Market Restraints

Increased demand for car rentals/station-based car rentals following the pandemic
With the increasing need to adhere to social distancing norms as a result of the COVID-19 pandemic, station-based mobility is likely to gain popularity. Commuters, on the other hand, would choose car rental services over public transportation to ensure minimal contact with people rather than multimodal transportation.

COVID-19 Impact on the Mobility as a Service Market

As the pandemic spreads rapidly on a global scale, countries around the world are attempting to prevent further contagion by implementing measures such as social distancing, contact tracing, self-quarantining, surveillance, communication, and testing. So far, China, Japan, and Singapore have flattened the curve, while the United States, Brazil, India, Spain, Russia, and Italy are taking drastic measures to slow the spread and reduce fatalities. The COVID-19 crisis has resulted in massive ride drops for companies such as Uber and Lyft

Market Segmentation

The Global Mobility as a Service Market is segmented into Service Type, Application. By Service Type such as Car, Bus, Bike. Further, market is segmented into By Application such as Public, Private.

Regional Analysis

Global Mobility as a Service Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Mobility as a Service market. Due to the dominance of some of the leading vendors, such as Whim, Citymapper, Tanzer, and Moovel, Asia Pacific is the largest market. Furthermore, developed Asian economies such as China, Singapore, South Korea, Japan, and a few others were early adopters of MaaS services. With operating revenues of up to USD 258.4 billion in 2019, China leads the Asian market. These countries have made investments in intelligent transportation infrastructure. The Asian market is expected to be driven by planned investments to improve urban transportation and traffic infrastructure. Increased digitalization has aided market growth even further by providing efficient ride reservation and tracking technologies.

Key Players

Various key players are listed in this report such as Moovit Inc. , MaaS Global Oy , Citymapper , Mobilleo , SkedGo Pty Ltd , UbiGo , Splyt , Qixxit , Communauto , and Tranzer ..

Market Taxonomy

By Service Type

• Car
• Bus
• Bike

By Application

• Public
• Private

By Region

• North America
• Latin America
• Europe
• China
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Mobility as a Service Market?
• What will be the growth rate from 2020 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?