Product Code: 11789
The global mobility-as-a-service market was valued at $128,489.2 million in 2021, which is expected to reach $519,697.5 million by 2030, fostering at a CAGR of 16.8% from 2021 to 2030. In 2021, the ride-hailing category held over 50% market share. The growth of the travel and tourism sector and the transition from offline to online booking and payment systems are driving the demand for ride-hailing services.
Urban traffic jams also drive the MaaS market. The rising population of large cities has led to an advance in the number of daily commuters, thus producing significant traffic congestion, especially during rush hours. Due to the lack of an efficient public transportation system, individuals prefer personal automobiles, thus compounding the situation. Hence, governments are striving to develop alternative transportation choices to combat this problem.
Key Findings of Mobility-as-a-Service Market Report:
- By 2050, 68% of the world's population will live in urban areas, and it is expected to aggravate the traffic congestion on highways, thereby driving the demand for MaaS.
- According to Transportation for America, in spite of investing over $500 billion to expand and create new roadways across the country, congestion in urban areas increased by 144% between 1993 and 2017.
- In 2021, the daily commuting category accounted for the largest mobility-as-a-service market share, and it is predicted to expand at the fastest pace in the coming years. The rising demand for shared vehicles among the young generation for satisfying its daily commuting demands is primarily responsible for the market development in this category.
- Because of the growing demand for the electrification of transportation systems, the electric propulsion category is predicted to boom at a significant CAGR in the future. Emission concerns and the stringent regulations in place to check them are impelling MaaS service providers to adopt EVs.
- For instance, Bird Rides Inc. and Moovit App Global Ltd. partnered in October 2021 to provide multimodal transportation services via EVs across 12 countries, namely Austria, France, Belgium, Germany, Italy, Israel, Norway, Spain, Portugal, Sweden, the U.K., and Switzerland, with plans to expand to the U.S.
- Sixt SE and Mobileye, an Intel Corporation subsidiary, announced their agreement in September 2021 to provide an autonomous robotaxi service in Munich, Germany. Later, the businesses hope to expand their autonomous ride-sharing services across other European countries.
- Environmental concerns are driving the mobility-as-a-service market at a high pace, primarily due to the initiatives being taken by governments around the world to achieve carbon neutrality and sustainability. Concerns about the degrading quality of the air caused by the growing automobile exhaust emissions have prompted governments to implement emission norms, promote shared mobility, and encourage the adoption of EVs.
- To maintain a competitive advantage in the market, big players have been engaged in collaborations and partnerships. Such mobility-as-a-service market players include Sixt SE, Europcar Mobility Group S.A., Enterprise Holdings Inc., Avis Budget Group Inc., Hertz Global Holdings Inc., Grab Holdings Inc., Beijing Xiaoju Technology Co. Ltd., Uber Technologies Inc., Lyft Inc., and ANI Technologies Pvt. Ltd.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Analysis Period
- 1.4 Market Data Reporting Unit
- 1.5 Market Size Breakdown by Segment
- 1.5.1 Market Segmentation by Service Type
- 1.5.2 Market Segmentation by Vehicle Type
- 1.5.3 Market Segmentation by Commuting Pattern
- 1.5.4 Market Segmentation by End Use
- 1.5.5 Market Segmentation by Payment Type
- 1.5.6 Market Segmentation by Propulsion Type
- 1.5.7 Market Segmentation by Region
- 1.6 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research Respondents
- 2.2.1.1 By region
- 2.2.1.2 By industry participant
- 2.2.1.3 By company type
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Assumptions for the Study
- 2.6 Currency Conversion Rates
Chapter 3. Executive Summary
Chapter 4. Definition of Market Segments
- 4.1 By Service Type
- 4.1.1 Ride Hailing
- 4.1.2 Ride Sharing
- 4.1.3 Micromobility
- 4.1.4 Car Rental
- 4.1.5 Shuttle Service
- 4.2 By Vehicle Type
- 4.2.1 Two-Wheeler
- 4.2.2 Car
- 4.2.3 Bus
- 4.3 By Commuting Pattern
- 4.3.1 Daily Commuting
- 4.3.2 Last-Mile Connectivity
- 4.3.3 Occasional Commuting
- 4.3.4 Others
- 4.4 By End Use
- 4.4.1 Personal
- 4.4.2 Business
- 4.5 By Payment Type
- 4.5.1 Short-Term Subscription
- 4.5.2 Pay-as-You-Go
- 4.6 By Propulsion Type
- 4.6.1 Electric
- 4.6.2 ICE
- 4.6.3 Others
Chapter 5. Industry Outlook
- 5.1 Market Dynamics
- 5.1.1 Trends
- 5.1.1.1 Deployment of EVs in mobility services
- 5.1.1.2 Incorporation of autonomous vehicles in MaaS
- 5.1.1.3 Technological developments allowing easy access to mobility services
- 5.1.2 Drivers
- 5.1.2.1 Cost-effectiveness and convenience of MaaS
- 5.1.2.2 Growing concerns over greenhouse gas emissions
- 5.1.2.3 Urban road congestion
- 5.1.2.4 Government initiatives facilitating adoption of MaaS
- 5.1.3 Impact Analysis of Drivers on Market Forecast
- 5.1.4 Restraints
- 5.1.4.1 Vandalism, thefts, and improper parking
- 5.1.4.2 Weather and infrastructure challenges
- 5.1.5 Impact Analysis of Restraints on Market Forecast
- 5.2 Porter's Five Forces Analysis
- 5.2.1 Bargaining Power of Buyers
- 5.2.2 Bargaining Power of Suppliers
- 5.2.3 Intensity of Rivalry
- 5.2.4 Threat of New Entrants
- 5.2.5 Threat of Substitutes
Chapter 6. MaaS Technology Trends
- 6.1 EVs
- 6.1.1 Initiatives of MaaS Companies for Adoption of EVs
- 6.1.2 Targets of MaaS Companies for Adoption of EVs
- 6.2 Autonomous Vehicles
Chapter 7. Global Market Size and Forecast
- 7.1 Overview
- 7.2 Market Revenue, by Service Type
- 7.3 Market Revenue, by Vehicle Type
- 7.4 Market Revenue, by Commuting Pattern
- 7.5 Market Revenue, by Payment Type
- 7.6 Market Revenue, by Propulsion Type
- 7.7 Market Revenue, by End Use
- 7.8 Market Revenue, by Region
Chapter 8. North America Market Size and Forecast
- 8.1 Market Revenue, by Service Type
- 8.2 Market Revenue, by Vehicle Type
- 8.3 Market Revenue, by Commuting Pattern
- 8.4 Market Revenue, by Payment Type
- 8.5 Market Revenue, by Propulsion Type
- 8.6 Market Revenue, by End Use
- 8.7 Market Revenue, by Country
Chapter 9. Europe Market Size and Forecast
- 9.1 Market Revenue, by Service Type
- 9.2 Market Revenue, by Vehicle Type
- 9.3 Market Revenue, by Commuting Pattern
- 9.4 Market Revenue, by Payment Type
- 9.5 Market Revenue, by Propulsion Type
- 9.6 Market Revenue, by End Use
- 9.7 Market Revenue, by Country
Chapter 10. APAC Market Size and Forecast
- 10.1 Market Revenue, by Service Type
- 10.2 Market Revenue, by Vehicle Type
- 10.3 Market Revenue, by Commuting Pattern
- 10.4 Market Revenue, by Payment Type
- 10.5 Market Revenue, by Propulsion Type
- 10.6 Market Revenue, by End Use
- 10.7 Market Revenue, by Country
Chapter 11. LATAM Market Size and Forecast
- 11.1 Market Revenue, by Service Type
- 11.2 Market Revenue, by Vehicle Type
- 11.3 Market Revenue, by Commuting Pattern
- 11.4 Market Revenue, by Payment Type
- 11.5 Market Revenue, by Propulsion Type
- 11.6 Market Revenue, by End Use
- 11.7 Market Revenue, by Country
Chapter 12. MEA Market Size and Forecast
- 12.1 Market Revenue, by Service Type
- 12.2 Market Revenue, by Vehicle Type
- 12.3 Market Revenue, by Commuting Pattern
- 12.4 Market Revenue, by Payment Type
- 12.5 Market Revenue, by Propulsion Type
- 12.6 Market Revenue, by End Use
- 12.7 Market Revenue, by Country
Chapter 13. U.S. Market Size and Forecast
- 13.1 Market Revenue, by Service Type
- 13.2 Market Revenue, by Vehicle Type
- 13.3 Market Revenue, by Commuting Pattern
- 13.4 Market Revenue, by Payment Type
- 13.5 Market Revenue, by Propulsion Type
- 13.6 Market Revenue, by End Use
Chapter 14. Canada Market Size and Forecast
- 14.1 Market Revenue, by Service Type
- 14.2 Market Revenue, by Vehicle Type
- 14.3 Market Revenue, by Commuting Pattern
- 14.4 Market Revenue, by Payment Type
- 14.5 Market Revenue, by Propulsion Type
- 14.6 Market Revenue, by End Use
Chapter 15. Germany Market Size and Forecast
- 15.1 Market Revenue, by Service Type
- 15.2 Market Revenue, by Vehicle Type
- 15.3 Market Revenue, by Commuting Pattern
- 15.4 Market Revenue, by Payment Type
- 15.5 Market Revenue, by Propulsion Type
- 15.6 Market Revenue, by End Use
Chapter 16. France Market Size and Forecast
- 16.1 Market Revenue, by Service Type
- 16.2 Market Revenue, by Vehicle Type
- 16.3 Market Revenue, by Commuting Pattern
- 16.4 Market Revenue, by Payment Type
- 16.5 Market Revenue, by Propulsion Type
- 16.6 Market Revenue, by End Use
Chapter 17. U.K. Market Size and Forecast
- 17.1 Market Revenue, by Service Type
- 17.2 Market Revenue, by Vehicle Type
- 17.3 Market Revenue, by Commuting Pattern
- 17.4 Market Revenue, by Payment Type
- 17.5 Market Revenue, by Propulsion Type
- 17.6 Market Revenue, by End Use
Chapter 18. Italy Market Size and Forecast
- 18.1 Market Revenue, by Service Type
- 18.2 Market Revenue, by Vehicle Type
- 18.3 Market Revenue, by Commuting Pattern
- 18.4 Market Revenue, by Payment Type
- 18.5 Market Revenue, by Propulsion Type
- 18.6 Market Revenue, by End Use
Chapter 19. Spain Market Size and Forecast
- 19.1 Market Revenue, by Service Type
- 19.2 Market Revenue, by Vehicle Type
- 19.3 Market Revenue, by Commuting Pattern
- 19.4 Market Revenue, by Payment Type
- 19.5 Market Revenue, by Propulsion Type
- 19.6 Market Revenue, by End Use
Chapter 20. China Market Size and Forecast
- 20.1 Market Revenue, by Service Type
- 20.2 Market Revenue, by Vehicle Type
- 20.3 Market Revenue, by Commuting Pattern
- 20.4 Market Revenue, by Payment Type
- 20.5 Market Revenue, by Propulsion Type
- 20.6 Market Revenue, by End Use
Chapter 21. Japan Market Size and Forecast
- 21.1 Market Revenue, by Service Type
- 21.2 Market Revenue, by Vehicle Type
- 21.3 Market Revenue, by Commuting Pattern
- 21.4 Market Revenue, by Payment Type
- 21.5 Market Revenue, by Propulsion Type
- 21.6 Market Revenue, by End Use
Chapter 22. India Market Size and Forecast
- 22.1 Market Revenue, by Service Type
- 22.2 Market Revenue, by Vehicle Type
- 22.3 Market Revenue, by Commuting Pattern
- 22.4 Market Revenue, by Payment Type
- 22.5 Market Revenue, by Propulsion Type
- 22.6 Market Revenue, by End Use
Chapter 23. Australia Market Size and Forecast
- 23.1 Market Revenue, by Service Type
- 23.2 Market Revenue, by Vehicle Type
- 23.3 Market Revenue, by Commuting Pattern
- 23.4 Market Revenue, by Payment Type
- 23.5 Market Revenue, by Propulsion Type
- 23.6 Market Revenue, by End Use
Chapter 24. South Korea Market Size and Forecast
- 24.1 Market Revenue, by Service Type
- 24.2 Market Revenue, by Vehicle Type
- 24.3 Market Revenue, by Commuting Pattern
- 24.4 Market Revenue, by Payment Type
- 24.5 Market Revenue, by Propulsion Type
- 24.6 Market Revenue, by End Use
Chapter 25. Brazil Market Size and Forecast
- 25.1 Market Revenue, by Service Type
- 25.2 Market Revenue, by Vehicle Type
- 25.3 Market Revenue, by Commuting Pattern
- 25.4 Market Revenue, by Payment Type
- 25.5 Market Revenue, by Propulsion Type
- 25.6 Market Revenue, by End Use
Chapter 26. Mexico Market Size and Forecast
- 26.1 Market Revenue, by Service Type
- 26.2 Market Revenue, by Vehicle Type
- 26.3 Market Revenue, by Commuting Pattern
- 26.4 Market Revenue, by Payment Type
- 26.5 Market Revenue, by Propulsion Type
- 26.6 Market Revenue, by End Use
Chapter 27. South Africa Market Size and Forecast
- 27.1 Market Revenue, by Service Type
- 27.2 Market Revenue, by Vehicle Type
- 27.3 Market Revenue, by Commuting Pattern
- 27.4 Market Revenue, by Payment Type
- 27.5 Market Revenue, by Propulsion Type
- 27.6 Market Revenue, by End Use
Chapter 28. Saudi Arabia Market Size and Forecast
- 28.1 Market Revenue, by Service Type
- 28.2 Market Revenue, by Vehicle Type
- 28.3 Market Revenue, by Commuting Pattern
- 28.4 Market Revenue, by Payment Type
- 28.5 Market Revenue, by Propulsion Type
- 28.6 Market Revenue, by End Use
Chapter 29. U.A.E. Market Size and Forecast
- 29.1 Market Revenue, by Service Type
- 29.2 Market Revenue, by Vehicle Type
- 29.3 Market Revenue, by Commuting Pattern
- 29.4 Market Revenue, by Payment Type
- 29.5 Market Revenue, by Propulsion Type
- 29.6 Market Revenue, by End Use
Chapter 30. Competitive Landscape
- 30.1 Competitive Analysis of Key Players
- 30.2 Strategic Developments of Key Players
- 30.2.1 Product and Service Launches
- 30.2.2 Mergers and Acquisitions
- 30.2.3 Partnerships
- 30.2.4 Service Expansions
- 30.2.5 Geographical Expansions
- 30.2.6 Other Developments
Chapter 31. Company Profiles
- 31.1 ANI Technologies Pvt. Ltd.
- 31.1.1 Business Overview
- 31.1.2 Product and Service Offerings
- 31.2 Lyft Inc.
- 31.2.1 Business Overview
- 31.2.2 Product and Service Offerings
- 31.2.3 Key Financial Summary
- 31.3 Uber Technologies Inc.
- 31.3.1 Business Overview
- 31.3.2 Product and Service Offerings
- 31.3.3 Key Financial Summary
- 31.4 Beijing Xiaoju Technology Co. Ltd. (Didi Chuxing)
- 31.4.1 Business Overview
- 31.4.2 Product and Service Offerings
- 31.5 Grab Holdings Inc.
- 31.5.1 Business Overview
- 31.5.2 Product and Service Offerings
- 31.6 Hertz Global Holdings Inc.
- 31.6.1 Business Overview
- 31.6.2 Product and Service Offerings
- 31.6.3 Key Financial Summary
- 31.7 Avis Budget Group Inc.
- 31.7.1 Business Overview
- 31.7.2 Product and Service Offerings
- 31.7.3 Key Financial Summary
- 31.8 Enterprise Holdings Inc.
- 31.8.1 Business Overview
- 31.8.2 Product and Service Offerings
- 31.9 Europcar Mobility Group S.A.
- 31.9.1 Business Overview
- 31.9.2 Product and Service Offerings
- 31.9.3 Key Financial Summary
- 31.10 Sixt SE
- 31.10.1 Business Overview
- 31.10.2 Product and Service Offerings
- 31.10.3 Key Financial Summary
- 31.11 CarShare Australia Pty. Ltd.
- 31.11.1 Business Overview
- 31.11.2 Product and Service Offerings
- 31.12 Turo Inc.
- 31.12.1 Business Overview
- 31.12.2 Product and Service Offerings
- 31.13 Gett Inc.
- 31.13.1 Business Overview
- 31.13.2 Product and Service Offerings
- 31.14 FREE NOW
- 31.14.1 Business Overview
- 31.14.2 Product and Service Offerings
- 31.15 Addison Lee Ltd.
- 31.15.1 Business Overview
- 31.15.2 Product and Service Offerings
- 31.16 moovel Group GmbH
- 31.16.1 Business Overview
- 31.16.2 Product and Service Offerings
- 31.17 Curb Mobility LLC
- 31.17.1 Business Overview
- 31.17.2 Product and Service Offerings
- 31.18 Cabify Espana SL
- 31.18.1 Business Overview
- 31.18.2 Product and Service Offerings
- 31.19 Bolt Technology OU
- 31.19.1 Business Overview
- 31.19.2 Product and Service Offerings
- 31.2 Moovit App Global Ltd.
- 31.20.1 Business Overview
- 31.20.2 Product and Service Offerings
- 31.21 MaaS Global Ltd.
- 31.21.1 Business Overview
- 31.21.2 Product and Service Offerings
Chapter 32. Appendix
- 32.1 Abbreviations
- 32.2 Sources and References
- 32.3 Related Reports