A recent report by MarkNtel Advisors reveals that the Mobility as a Service (MaaS) Market is expected to grow at a compounded annual growth rate (CAGR) of approximately 32% during 2023-28. The report provides a detailed understanding of the industry, including key drivers, challenges, opportunities, and latest trends. It also examines the competitive landscape recent advancements made by leading companies operating in the industry, along with their range of product/service offerings, growth strategies, and presence in different regions/countries.

Our experts have used both primary secondary research methods to gather accurate and comprehensive information about the Mobility as a Service (MaaS) Market. The study also covers potential growth barriers to the market and highlights untapped opportunities while providing recommendations for stakeholders to prepare for unexpected situations that may arise in the future. The report considers historical data from 2023-28 as the starting point and provides forecasts for the years 2023 to 2028. All market values presented are in USD Million/Billion.

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Goals of the Mobility as a Service (MaaS) Market Research Study

• To provide valuable insights into aspects like drivers, challenges, opportunities, threats that impact the growth of the Mobility as a Service (MaaS) Market
• To have a complete understanding of the value chain through Porter's five forces model
• To identify positioning of major participants in the Mobility as a Service (MaaS) Market, along with their competitive advancements like collaborations, mergers acquisitions, new product releases, and investments in research development.
• To provide thorough information to stakeholders on growth opportunities in fast-growing segments

Market Dynamics

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.

Recent Developments

• On 23 March 2022, Lyft Spin announced a partnership for bringing Spin scooters to the Lyft app across 60 locations in the US, where the initial rollout began in Nashville, Tennessee. This integration is in line with Lyft's goals toward becoming the go-to transportation platform as riders have new, cost-effective, more sustainable ways to commute across different points.
• The same year on 22 February, Uber rolled out its latest B2B service, Uber Bus For Business, in Egypt, which would provide enterprises with tailored transport programs for the daily commute of their employees.

A Detailed Analysis of Major Segments Driving the Mobility as a Service (MaaS) Market Growth

In this section, the report explores the Mobility as a Service (MaaS) Market's dynamic landscape, dissected into multiple segments and sub-segments, along with pivotal factors propelling industry growth, to help stakeholders optimize their positioning, target audience, and revenue tactics.

Based on Services

- Ride

-- Hailing

-- Sharing

- Vehicle Sharing

-- Car Sharing

-- Bi-cycle Sharing

-- Motorbike Sharing

- Public Transport

-- Bus Sharing/Shuttle Service

-- Train

Based on Solution

- Technology Platforms

- Payment Engines

- Navigation Solutions

- Telecom Connectivity

- Ticketing Solutions

- Insurance Services

Based on 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)

Based on Pricing Model

- Pay-as-you-go

- Monthly Subscription

Based on Business Model

- B2B (Business to Business)

- B2C (Business to Customer)

- B2I (Business to Industry)

- B2G (Business to Government)

Geographically, the Mobility as a Service (MaaS) Market expands across:

- North America

- South America

- Asia-Pacific

- Europe, Middle East Africa

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Note: The Mobility as a Service (MaaS) Market research report can be tailored as per individual client needs, providing comprehensive valuable insights at various levels. This personalized approach enables clients to understand the industry's true potential, effectively tackle growth challenges, devise effective strategies, and make well-informed decisions to maintain a competitive edge in the industry.

Mobility as a Service (MaaS) Market Research Report: Key Questions Addressed

• What is the estimated size, share, CAGR of the Mobility as a Service (MaaS) Marketduring 2023-28?
• Which segments sub-segments are considered most prevalent in the Mobility as a Service (MaaS) Marketresearch study?
• What are the major regions/countries would offer remunerative prospects to the key players in the Mobility as a Service (MaaS) Market?
• What are the geographical trends and recent developments in the Mobility as a Service (MaaS) Market?
• Which products/services would witness rapidly growing demand in the Mobility as a Service (MaaS) Market through 2028?

A Detailed Assessment of Major Companies in the Mobility as a Service (MaaS) Market and their Key Growth Strategies

The competitive landscape section of the report unveils the top players in the Mobility as a Service (MaaS) Industry, their financials, resources, product offerings, market share, strategic initiatives, RD investments, strengths, weaknesses. All the findings hypothesis on the market ecosystem have been carefully validated through a detailed Porter's five forces analysis.

Companies like,

- 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

often involve in collaborations for joint venture programs resource sharing to achieve their objectives efficiently.

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About MarkNtel Advisors

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Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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