Mobility as a Service (MaaS) Market size was valued at USD 54.25 Billion in 2024 and is projected to reach USD 150.82 Billion by 2033, exhibiting a CAGR of 12.1% from 2026 to 2033.
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The Mobility as a Service (MaaS) sector has experienced significant growth and transformation between 2018 and 2022. However, as we step into the future, the market dynamics are expected to shift once again, with demand projections for the next decade offering new insights into this evolving field. This article explores the MaaS market’s trajectory from 2018 to 2022 and contrasts it with the projected demand for 2023 to 2033.
Between 2018 and 2022, the MaaS industry began to emerge as a powerful force in urban transportation. Initially, adoption was slower than expected, as many cities struggled with infrastructure readiness and consumer reluctance to embrace the new model. However, several factors accelerated MaaS growth in this period, such as:
Technological Advancements: The integration of app-based services and real-time data increased the convenience and efficiency of MaaS platforms.
Urbanization: As cities became more congested, there was a clear demand for efficient, multi-modal transportation solutions.
Environmental Awareness: With growing concerns over climate change, MaaS offered a greener alternative to traditional car ownership, encouraging governments to invest in sustainable transportation solutions.
According to market reports, the global MaaS market size grew from USD 35 billion in 2018 to USD 98 billion by 2022, at a CAGR (Compound Annual Growth Rate) of 22.5%. The rapid expansion of MaaS platforms like Uber, Lyft, and local transit initiatives also signaled a shift toward integrated mobility services.
Looking ahead to 2023-2033, demand for MaaS is set to accelerate further as both consumer preferences and regulatory environments continue to evolve. The key drivers influencing the market are:
Post-Pandemic Mobility Changes: The COVID-19 pandemic reshaped mobility trends, making remote work more common and decreasing personal car usage, increasing MaaS reliance.
Government Policies: Progressive legislation in cities worldwide, like congestion pricing and low-emission zones, is expected to propel the MaaS adoption rate.
Increased Investment in Infrastructure: Improved infrastructure for electric vehicles (EVs), autonomous vehicles, and shared mobility systems is expected to stimulate growth.
Demand from 2023 to 2033 is projected to rise substantially. The global MaaS market is expected to grow at a CAGR of over 30%, reaching approximately USD 350 billion by the end of 2033. This growth trajectory is supported by the ongoing shift toward integrated mobility platforms that combine various forms of transport, including buses, bikes, taxis, and EVs, into a single, seamless service offering.
Integration with Autonomous Vehicles: MaaS providers are increasingly integrating autonomous vehicles into their platforms, providing more efficient and cost-effective solutions for consumers.
Rise of Electric Mobility: Electric vehicles are becoming central to MaaS platforms, aligning with environmental goals and urban sustainability.
Subscription-based Models: MaaS providers are experimenting with subscription-based services, offering consumers the ability to pay for mobility as a service rather than traditional ownership models.
The future of MaaS looks promising. The market, after achieving steady growth from 2018 to 2022, is set to witness rapid expansion in the coming decade. As cities worldwide continue to embrace smart mobility solutions, MaaS will play an integral role in reshaping the future of urban transportation.
The importance of Mobility as a Service (MaaS) Market research reports lies in their ability to aid strategic planning, helping businesses develop effective strategies by understanding market trends and dynamics. They play a crucial role in risk management by identifying potential risks and challenges, allowing businesses to mitigate them proactively. These reports offer a competitive advantage by providing insights into competitors' strategies and Mobility as a Service (MaaS) Market positioning. For investors, they provide critical data for making informed decisions by highlighting market forecasts and growth potential. Additionally, market research reports guide product development by understanding consumer needs and preferences, ensuring products meet market demands and drive business growth.
What are the Type driving the growth of the Mobility as a Service (MaaS) Market?
Growing demand for below Type around the world has had a direct impact on the growth of the Mobility as a Service (MaaS) Market:
Data Services, Ride Hailing, Ride Matching, Bus/Public Services
What are the Applications of Mobility as a Service (MaaS) Market available in the Market?
Based on Application the Market is categorized into Below types that held the largest Mobility as a Service (MaaS) Market share In 2024.
Global Mobility as a Service (MaaS) Market Share by Model: 2016 VS 2021 VS 2027, B2B, B2C, C2C
Who is the largest Manufacturers of Mobility as a Service (MaaS) Market worldwide?
Uber, Lyft, Via Transportation, GETT, BlaBlaCar (Ouibus), FREE NOW, Addison Lee, Cabify (Maxi Mobility), Whim (MaaS Global Oy), Transit, Mobilleo, Grab, Moovit, Ola Cabs, Meru Cabs, Kakao T, Ingogo, HINOMARU KOTSU, Beijing Xiaoju Technology (Didi Chuxing), Meituan (Mobike)
Short Description About Mobility as a Service (MaaS) Market:
The global Mobility as a Service (MaaS) Market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2031. In 2022, the market is growing steadily, and with the increasing adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, particularly the United States, will continue to play a pivotal role in the market's development. Any changes in the United States could significantly impact the Mobility as a Service (MaaS) Market growth trends. The market in North America is projected to grow considerably during the forecast period, driven by the high adoption of advanced technology and the presence of major industry players, creating ample growth opportunities.
Europe is also expected to experience significant growth in the global market, with a strong CAGR during the forecast period from 2024 to 2031.
Despite intense competition, the clear global recovery trend keeps investors optimistic about the Mobility as a Service (MaaS) Market, with more new investments expected to enter the field in the future.
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Which regions are leading the Mobility as a Service (MaaS) Market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
What are the global trends in the Mobility as a Service (MaaS) Market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Mobility as a Service (MaaS) Market? What are the upcoming industry applications and trends for the Mobility as a Service (MaaS) Market?
What Are Projections of Global Mobility as a Service (MaaS) Market Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Mobility as a Service (MaaS) Market? What are the raw materials used for Mobility as a Service (MaaS) Market manufacturing?
How big is the opportunity for the Mobility as a Service (MaaS) Market? How will the increasing adoption of Mobility as a Service (MaaS) Market for mining impact the growth rate of the overall market?
How much is the global Mobility as a Service (MaaS) Market worth? What was the value of the market In 2020?
Who are the major players operating in the Mobility as a Service (MaaS) Market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Mobility as a Service (MaaS) Market Industry?
1. Introduction of the Mobility as a Service (MaaS) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Mobility as a Service (MaaS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Mobility as a Service (MaaS) Market, By Product
6. Mobility as a Service (MaaS) Market, By Application
7. Mobility as a Service (MaaS) Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Mobility as a Service (MaaS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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