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.
Author Credits: Abhishek Verma
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