Mobility as a Service (MaaS) Market Size & Share, by Service Type (Car Sharing, Self-Driving, E-Hailing, Bicycle Sharing, Scooter Sharing, Bus Sharing), Vehicle Type (Two-Wheeler, Four-Wheeler, Train), Operating System (Android, iOS), Application (Journey Planning, Travel Management, Payment Management, Route Selection) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 3412
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Mobility as a Service Market size was valued at USD 285.58 billion in 2024 and is likely to reach USD 3.03 trillion by the end of 2037, registering around 19.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of mobility as a service is assessed at USD 331.04 billion.

The growth of the market is primarily attributed to the growing penetration of mobility as a service worldwide. For instance, it is estimated that by 2027, the revenue generated by the use of MaaS platforms into a single app, will be more than USD 52 billion. Moreover, increasing traction of on demand mobility services is another major factor which is estimated to boost the market growth over the forecast period.

With a rising shift away from personally-owned modes of transportation towards mobility provided as a service, the market for mobility as a service is expected to escalate in the upcoming years. Mobility as a service offer the travelers mobility solutions as per their travel needs. Specialist urban mobility applications are expanding their offerings to enable MaaS through a unified gateway that creates and manages the trip, which users can pay for with a single account. With the emerging vehicular technologies along with increasing revenue from ride-sharing services, along with the surging smart city trend, the demand for mobility as a service is on the rise amongst the mobility service providers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global market during the forecast period. For instance, the worth of ride-sharing industry in 2021 was estimated USD 61 billion.


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Mobility as a Service Sector: Growth Drivers and Challenges

Growth Drivers

  • Upsurge in the Number of Connected Vehicles – with the surge in 5G and the internet of things (IoT). Continuous growth of vehicles becoming more and more connected is expected to propel mobility as a service market in the forecasted period, as mobility is becoming more data driven these days. It was found that, globally, more than 47 million connected cars were sold in 2020, and the number grew by 20% in 2021.
  • Rising Adoption of Bicycle-Sharing System – As per a data of 2020, 360 Chinese cities had dockless bike-sharing systems, concluding 47 million trips each day on an average.
  • Increasing Adoption of Mobility as a Service – for instance, in September 2019, Berlin's public transport authority Berliner Verkehrsbetriebe (BVG) launched world’s first large scale and city owned project "Jelbi", marking continued development of Mobility as a Service. It is estimated that, MaaS will lead to a commuter time saving equal to 2.7 days per MaaS user per year by 2027, as it will provide much-improved routes and travel options as well as aid in reducing road congestion.
  • Growing Number of Autonomous Vehicles – For instance, it is projected that by 2040, there will be more than 30 million autonomous vehicles on the road.
  • Increasing Automotive Pollution – According to the 2021 data, vehicle contributes 290 gigagrams of PM2.5 annually in India.

Challenges

  • Deficit of Wireless Connection - Mobility service entails connecting to the vehicle via wireless network with internet connectivity of 5G and 4G LTE connection with high-speed broadband over smart phones. However, a lack of connectivity is owing to cause problems connecting for mobility, resulting in a reduction in market growth.
  • Dependency on Respective Governments and their Policies
  • Concern about Data Privacy

Mobility as a Service Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

19.7%

Base Year Market Size (2024)

USD 285.58 billion

Forecast Year Market Size (2037)

USD 3.03 trillion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

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Mobility as a Service Segmentation

Service Type (Car Sharing, Self-Driving, E-Hailing, Bicycle Sharing, Scooter Sharing, Bus Sharing)

The global mobility as a service market is segmented and analyzed for demand and supply by service type into car sharing, self-driving, e-hailing, bicycle sharing, scooter sharing, and bus sharing. Amongst these segments, the car sharing segment is anticipated to garner the largest revenue by the end of 2037, backed by the growing use of big data as well as massive surge in robotics along with the increase in the number of people opting for car sharing worldwide. For instance, with car sharing only bound to get better, it is estimated that around 400 million people will rely on robotic car sharing by 2030.

Our in-depth analysis of the global market includes the following segments:

     By Service Type

  • Car Sharing
  • Self-Driving
  • E-Hailing
  • Bicycle Sharing
  • Scooter Sharing
  • Bus Sharing

     By Vehicle Type

  • Two-Wheeler
  • Three-Wheeler
  • Train

    By Operating System

  • Android
  • iOS

 

      By Application

  • Journey Planning
  • Travel Management
  • Payment Management
  • Route Selection

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Mobility as a Service Industry - Regional Synopsis

The Asia Pacific mobility as a service market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037, backed by the presence of a strong shared mobility network in the region, growing cities with the facilities of dockless bike-sharing systems along with surge in the share ride-hailing services. For instance, it was found that the share of ride-hailing services in China exceeded 30% of total taxi transport volume in 2021.

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Companies Dominating the Mobility as a Service Landscape

    • SkedGo Pty Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Sun Mobility Private Limited
    • MaaS Global
    • FOD Mobility UK Limited
    • Citymapper Limited
    • Moovit App Global Ltd.
    • Communauto
    • Lyft, Inc.
    • DiDi Global Inc.
    • MobilityX Pte. Ltd 

In the News

  • SkedGo Pty Limited – announced its collaboration with the City of Darwin to launch the Darwin Journey Planner. The collaboration will mark SkedGo’s fifth Australian MaaS project.

  • Sun Mobility Private Limited - announced its new service offering - Integrated Mobility-as-a-Service (MaaS). The organization is a leading provider of energy infrastructure and services for electric vehicles (EVs), built on top of its innovative battery swapping technology.

Author Credits:  Abhishek Verma


  • Report ID: 3412
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of mobility as a service is assessed at USD 331.04 billion.

The mobility as a service market size was valued at USD 285.58 billion in 2024 and is likely to reach USD 3.03 trillion by the end of 2037, registering around 19.7% CAGR during the forecast period i.e., between 2025-2037. Increasing use of mobility as a service applications & platforms as well as rising adoption of shared mobility services in various modes of transport will propel the market growth.

Asia Pacific industry is projected to hold largest revenue share by 2037, driven by presence of a strong shared mobility network in the region.

The major players in the market include SkedGo Pty Limited, Sun Mobility Private Limited, MaaS Global, FOD Mobility UK Limited, Citymapper Limited, Moovit App Global Ltd., Communauto, Lyft, Inc., DiDi Global Inc., MobilityX Pte. Ltd.
Mobility as a Service Market Report Scope
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