The global Mobility as a Service market is forecasted to be worth USD 523.61 Billion by 2027, according to a current analysis by Emergen Research. The market is experiencing increased demand due to the growing challenges of traffic congestions, air pollution, and the emission of greenhouse gases. The shift will finally enable efficient asset utilization by transitioning from an ownership model of private assets to user-ownership of shared assets.
Shared transportation has the potential to displace private vehicle ownership, which is usually inequitable, costly, and inefficient as compared to traditional mobility. This unlocks a mobility future that is more reliable, affordable, clean, and efficient for future generations. Certain factors such as integration of telecom and transportation industries in the MaaS market, rise in mobility as a service through blockchain, and growing trend of cashless payments coupled with high network connectivity is anticipated to fuel the market.
The latest research report by Emergen Research, named ‘Global Mobility as a Service Market - Forecast to 2027’, entails a comprehensive review of the global Mobility as a Service market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Mobility as a Service industry, particularly the current COVID-19 scenario.
To learn more details about the Global Mobility as a Service Market report, visit @ https://www.emergenresearch.com/industry-report/mobility-as-a-service-market
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Mobility as a Service products is expected to drive the demand for Mobility as a Service, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
Key Highlights From The Report
- In April 2019, Reach Now launched its MaaS platform in Asia – Japan. The 'Iziko' app not only offers access to buses, trains, rental cars & bikes, and on-demand ridesharing but even tickets for tourist attractions.
- The ride-hailing segment is forecast to witness a significant growth rate of 25.7% through 2027 on account of the global acceptance of ride-hailing at all levels, ranging from enterprises to personal requirements. Additionally, cashless transactions and assured pickups services offered are further boosting segmental growth.
- The android segment is estimated to contribute significantly to the Mobility as a Service market share on account of the massive adoption of android smartphones owing to their variety of functions and lower prices as compared to the other application types.
To get a sample copy of the Global Mobility as a Service Market report, visit @ https://www.emergenresearch.com/request-sample/313
Top competitors of the Mobility as a Service Market profiled in the report include:
- Key participants include UbiGo AB, Beeline Singapore, Shuttl, Uber technologies, Citymapper, Ola, Moovel Group GmBH, Lyft, Inc., Smile Mobility, and Communauto, among others.
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Mobility as a Service market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Mobility as a Service market size
2.2 Latest Mobility as a Service market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Mobility as a Service market key players
3.2 Global Mobility as a Service size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Mobility as a Service market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key Objectives of the Report:
- Analysis and estimation of the Mobility as a Service market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Mobility as a Service market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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