Mobility as a Service Market Report: Size, Share, and Leading Companies Insights for 2028

According to MarkNtel Advisors study the Global Mobility as a Service Market is projected to grow at a CAGR of around 32% during the forecast period, i.e., 2023-28.

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Key Findings of the Study: Mobility as a Service market

Key Driver: Rapidly Growing Demand for On-Demand Transportation

The rising inclination of various consumers worldwide toward micro-mobility has instigated several automakers to invest massively in on-demand transportation, such as taxis, passenger vehicles, & charter vehicles, which is why the world is witnessing the rapidly increasing availability of e-bikes & scooters on rent for consumers to save time & money as they offer features like real-time feedback, flexibility, & vehicle tracking, and rating. Hence, with on-demand transportation comes the ability to identify the consumer’s precise location and match demand with available supply, which are the prime aspects projected to drive the Global Mobility as a Service Market during 2023-28.

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Scope of the Report and Mobility as a Service Market Segmentation:

By Services

Ride
- Hailing
- Sharing
Vehicle Sharing
- Car Sharing
- Bi-cycle Sharing
- Motorbike Sharing
Public Transport
- Bus Sharing/Shuttle Service
- Train

Of them all. Ride-hailing services are expected to attain a significant share of the Global Mobility as a Service Market during 2023-28.

By Solution

Technology Platforms
Payment Engines
Navigation Solutions
Telecom Connectivity
Ticketing Solutions
Insurance Services

By Commuting Pattern

Daily commuting
First & Last-mile
Inter-city Trips
Off-Peak & Shift Work Commute
Airport or Mass Transit Station
Others (Hospital, Event Trips, Healthcare/Delivery Service & unplanned requirement)

By Pricing Model

Pay-as-you-go
Monthly Subscription

By Business Model

B2B (Business to Business)
B2C (Business to Customer)
B2I (Business to Industry)
B2G (Business to Government)

Mobility as a Service Market Competitive Landscape

Whim
BlaBlaCar
Car2Go
CityMapper
DiDi Chuxing
Grab
LeCab
Lyft
Mobike
Movit
Ola
Ridecell
Uber
Zoox
Scoot
Floatility
Easy Mile
Bridj
Careem
Ofo
InDriver
Curb Mobility
Others

Mobility as a Service Market Development:

In October 2022, AWS (Amazon Web Services) & the BMW Group announced a strategic collaboration for the development of customizable cloud software to simplify the distribution & management of data collected from millions of connected vehicles.
In October 2022, Microsoft & Mercedes-Benz joined forces to make vehicle production more efficient, resilient, & sustainable. The automaker planned on connecting around its 30 passenger car plants worldwide using Microsoft’s new MO360 Data Platform, thereby enhancing transparency & predictability across its digital production & supply chain.

Geographical Analysis:

By Region

North America
Europe
Asia-Pacific
Middle East and Africa
South America

Of all regions globally, Asia-Pacific is expected to attain a prominent share of the Mobility as a Service Market during 2023-28.

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