The "Mobility as a Service (MaaS) Market 2025 by Service Type (Self-driving Car Service, Ride-Hailing, Car Sharing, Bi-Cycle Sharing and Bus Sharing); Application Platform (Android and iOS); Business Model (B2B, B2C and P2P); & Vehicle Type (Passenger Cars, Bike and Bus) - Global Analysis and Forecasts"

Mobility as a service Market to 2025 - Global Analysis and Forecast by Service Type, Application Platform, Business Model and Vehicle Type. Mobility as a service market is expected to grow to US$ 358.35 billion by 2025 from US$ 38.76 billion in 2017. It is estimated that more than 50% of the world population resides in the urban areas and is expected to rise exponentially in the coming years. Also, as per statistician's estimations, there are more than a billion cars on road worldwide and the people have been keen on keeping cars for longer times with them than ever before. These factors have had far reaching impacts on the urban mobility infrastructure that includes high traffic density on roads, limited space availability within a certain urban city premise incapable of parking the entire fleet of cars available, increased mobility demand and imbalance between supply and demand for transportations. Drivers today spend more than 50 hours per year in traffic congestions behind the wheels which has impacts on the global economy as well. Thus, a large amount of time is spent without much productivity causing inconvenience to the consumer as well as incurring high costs. Furthermore, the utilization of private cars owned by individuals remain largely unutilized. These factors and concerns surrounding the inconsistencies in the transportation infrastructure has created opportunities for innovation in new mobility services.

Before the advent of an integrated Mobility as a Service market, the mobility market across the globe was fragmented with multiple applications running for different services and vehicle types. Lack of proper available information, integration expertise and inferior user experience has had a further large impact on the mobility infrastructure. In such a scenario of rising disparities and growing inconsistencies a need for a more integrated and holistic approach towards the transportation modes has become the need of hour. Accordingly, a multi-modal transportation system offering a large spectrum of transportation services has emerged. MaaS has put travelers and goods at the core of transport services that offer tailor-made mobility solutions fulfilling the various individual needs.

The penetration of ride-hailing services is high in China, France, U.S., U.K., and India. Awareness about the benefits of this services is leading to the increased popularity of ride-hailing services in these countries. Growing popularity of ride-hailing mobility services by different business for their needs to serve passengers is also leading to increased penetration of ride-hailing services. Business such as airports, hotels, even-venue owners and businesses that own self-service kiosks in public spaces are the major customers of ride-hailing mobility services. Also, the ride-hailing market is currently, witnessing a high growth rate owing to increased investments by various OEMs as well as TNCs.  However, owing to the emergence of other inexpensive mobility services, the market share for ride-hailing is anticipated to decrease. The global mobility as a service market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. The key players profiled in the report are Uber Technologies Ltd., Lyft, Inc., SkedGo Pty, Ltd., UbiGo AB, Whim App and Moovel Group GmBH. Also, Transit Systems Pty Ltd., Splyt Technologies Ltd., Qixxit and Beeline Singapore are other key companies in the mobility as a service market.

The report segments the global mobility as a service market as follows:

Global Mobility as a Service Market - By Service Type
Self-Driving Car Service
Ride-Hailing
Car Sharing
Bi-Cycle Sharing
Bus Sharing

Global Mobility as a Service Market - By Application Platform
Android
iOS
Others

Global Mobility as a Service Market - By Business Model
B2B
B2C
P2P Rentals
Global Mobility as a Service Market - By Vehicle Type
Passenger Cars
Bike
Bus

Global Mobility as a Service Market - By Geography

North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
South America (SAM)
Brazil