Mobility as a Service Market Size

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.