World economic growth, the Mobility as a Service (MaaS) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Mobility as a Service (MaaS) market size to maintain the average annual growth rate of 0.0994744884504 from 15000.0 million $ in 2014 to 24100.0 million $ in 2020, Stratagem Market Insights analysts believe that in the next few years, Mobility as a Service (MaaS) market size will be further expanded, we expect that by 2026, The market size of the Mobility as a Service (MaaS) will reach 94000.0 million $.
Mobility-as-a-Service (MaaS) is an emerging service that combines all forms of shared transportation including public and private transportation services. The service offers a unified gateway allows to plan, book, and pay with a single account.
MaaS offers several benefits such as decrease in travel expenditure and reduced city congestion and emission. These benefits are expected to boost growth of the global mobility-as-a-service (MaaS) market over the forecast period. Moreover, several governments are adopting regulations that encourage the usage of electric modes of transport, which is also expected to propel growth of the market. For instance, the Netherlands (by 2030), Norway (by 2035), and France & Great Britain (by 2040) are focused on applying bans on the sales of passenger cars with internal combustion engines.
Increasing initiative from private and public organizations to boost adoption of MaaS is expected to aid in growth of the global mobility-as-a-service (MaaS) market. For instance, in 2018, Move About Austria GmbH, Urban Software Institute GmbH, and The Urban Institute Hungary Zrt., eMobilityToolBox B.V., Move About AB, and the University of Twente started the “eMaaS Project” to focus on increasing the adoption of EVs by combining highly innovative technology and new business models.
Major automakers are focused on launching electric vehicles (EVs), which is expected offer lucrative growth opportunities for players in the global mobility-as-a-service (MaaS) market. For instance, in January 2020, Great Wall Motor, a China-based automobile manufacturer, announced to launch its electric car Ora R1 in India in 2020. Moreover, increasing adoption of electric mobility, both in public and private sector, is also expected to aid in growth of the market. For instance, in January 2020, the Government of India, under its Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) program, approved a plan to establish 2,636 charging stations for EVs throughout the country.
However, low presence of MaaS providers is expected to hinder growth of the market. Moreover, lack of a common architecture that can offer complex integration of all factors involved in MaaS ecosystem is also expected to restrict growth of the market.
Key players in the market are focused on launching new products to expand their product portfolio. For instance, in January 2020, Mitsubishi Electric Corporation launched the company’s new in-vehicle infotainment demonstration platform, the FLEXConnect.MaaS.
Key players in the market are also focused on adopting partnership strategies to expand their produxt portfolio. For instance, in January 2020, Cubic Transportation Systems partnered with Moovit to jointly develop a mobile solution for public transit agencies. Under the partnership, Cubic will integrate Moovit's Mobility-as-a-Service (MaaS) solution with its own mobile Travelers app.
Key Takeaways:
• Increasing initiative from private and public organizations to boost adoption of MaaS is expected to augment growth of the global mobility-as-a-service (MaaS) market
• Lack of a common architecture that can offer complex integration of all factors involved in MaaS ecosystem is expected to restrict growth of the market
• Major players operating in the global mobility-as-a-service (MaaS) market include, Mitsubishi Electric Corporation, Uber, Didi, Lyft, Gett, Mytaxi (Hailo), Ola Cabs, BlaBla Car, Careem, Grab Taxi, Kako Taxi, Addison Lee, Meru, Ingogo, Flywheel, Easy Taxi, Gocatch, Moovit, Via, Yandex Taxi, Lecab, and 99Taxis
Section 1: Definition
Section (2 3): Manufacturer Detail
Uber
Didi
Lyft
Gett
Mytaxi(Hailo)
Ola Cabs
BlaBla Car
Careem
Grab Taxi
Kako Taxi
Addison Lee
Meru
Ingogo
Flywheel
Easy Taxi
Gocatch
Via
Yandex Taxi
Lecab
99Taxis
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation
Industry Segmentation
Below 25 Years Old
25-40 Years Old
Above 40 Years Old
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2020-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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