Market Size – USD 75.97 billion in 2019, Market Growth – CAGR of 26.3%, Market Trends – Progress in the telecommunications industry.
— Emerging research
VANCOUVER, BC, CANADA, June 1, 2022 /EINPresswire.com/ — The global mobility-as-a-service market is expected to be worth $523.61 billion by 2027, according to current analysis by Emergen Research. The market is witnessing increased demand owing to the increasing challenges of traffic congestion, air pollution and greenhouse gas emissions. The change will finally enable efficient use of assets by shifting from a model of private asset ownership to user ownership of shared assets.
Rapid urbanization and smart city initiatives, coupled with the growth in the transportation sector, are driving the growth of the market.
Shared transport has the potential to displace private vehicle ownership, which is generally inequitable, expensive and inefficient compared to traditional mobility. This unlocks a future of more reliable, affordable, clean and efficient mobility for future generations. Certain factors such as the integration of telecom and transportation industries in the MaaS market, rise in mobility as a service through blockchain, and growing trend of cashless payments coupled with high network connectivity are expected to fuel the market .
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It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial condition and business base. consumers.
In April 2019, Reach Now launched its MaaS platform in Asia – Japan. The “Iziko” app not only offers access to buses, trains, rental cars and bikes, and on-demand carpooling, but also tickets to tourist attractions.
The carpooling segment is expected to witness a significant growth rate of 25.7% through 2027 due to the global acceptance of carpooling at all levels ranging from business to personal needs. Additionally, cashless transactions and assured pick-up services offered are further driving the sector growth.
Android segment is estimated to contribute significantly to the mobility-as-a-service market share owing to the massive adoption of Android smartphones owing to their variety of functions and lower prices compared to other types of smartphones. ‘apps.
Business to Business, or B2B, is a form of transaction between companies involving a MaaS provider and customer companies using the MaaS service. B2B business is between businesses, rather than between a business and individual consumers.
The European region has attempted to mitigate the effects of these factors and has formulated an action plan for low-emission mobility linked to zero or low-emission vehicles, optimizing the transport system and improving its efficiency. The emergence of new mobility concepts should create significant opportunities for low-carbon mobility.
Major participants include UbiGo AB, Beeline Singapore, Shuttl, Uber technologies, Citymapper, Ola, Moovel Group GmBH, Lyft, Inc., Smile Mobility, and Communauto, among others.
Additionally, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of company profiles along with product profiles, production capabilities, products/services, price analysis, profit margins, and manufacturing process developments. The report also covers the strategic business actions taken by the companies to gain substantial market share.
For more details Mobility as a Service Market Report @ https://www.emergenresearch.com/industry-report/mobility-as-a-service-market
Overview of the Mobility as a Service Market Report:
Introduction, Product Scope, Market Overview and Opportunities
Manufacturers Analysis with Sales, Revenue and Price Analysis
Complete analysis of the competitive landscape
Detailed profiling of key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
Emergen Research has segmented the global mobility-as-a-service market based on service type, application, business model, vehicle type, and region:
Service Type Outlook (Revenue, USD Billion; 2017-2027)
Autonomous car service
Application Outlook (Revenue, USD Billion; 2017-2027)
Business Model Outlook (Revenue, USD Billion; 2017-2027)
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
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North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
Benefits of Purchasing Global Mobility as a Service Market Report:
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Strategic Recommendations: The report is useful for start-ups and new entrants as it provides comprehensive analysis and recommendations based on qualitative and quantitative analysis.
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Quality Assured: We focus on the quality and accuracy of the report.
Finally, all aspects of the Mobility as a Service Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market based on market drivers, limitations and its future prospects.
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Mobility as a services market size worth USD 523.61 billion by 2027