Mobility as a Service Market - By Service (Ride Hailing, Car Sharing, Station Based Mobility, Bus Sharing, and Train), By Solution (Platforms, Payment, Navigation, Telecom Connectivity, Ticketing, and Insurance), By Transportation (Public and Private)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029

                                          
Abstract
                    
The global mobility as a service market is projected to hit the revenue of 99.8 (USD Billion) by 2025 at a CAGR of around 32% over the period from 2019 to 2025. The report offers valuation and analysis of mobility as a service market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Market Growth Dynamics

Mobility as a service industry offers proficient solutions for moving traffic in a cost-effective manner, and swiftly. In addition to this, the rapid expansion of the telecom industry and the huge penetration of smartphones across 3G, 5G, and 4G technologies will prompt market growth over the coming years. Apart from this, a high level of network connectivity witnessed in the telecom industry will prompt the growth of mobility as a service market over the forthcoming years.


Nonetheless, the rapid introduction of new technologies and easy access to data will elevate the growth of mobility as a service market over the forecast period. Additionally, the growing convergence of myriad transportation chain activities forming a holistic transport solution ecosystem in the developed countries will steer the business growth over the forecast period. Growing renewable energy trends has increased the demand for electric vehicles and autonomous cars that is likely to proliferate the growth of mobility as a service industry over the forthcoming years.

European Market To Accrue Major Gains Over 2019- 2025

The growth of the regional market over the assessment period is owing to the presence of leading service providers including Whim, Tranzer, Moovel, and Citymapper. Additionally, countries like Holland, Germany, and Finland are the first adopters of mobility as a service. With Estonia leading the globe in terms of internet speed as well as new internet technology, the market in Europe is likely to garner humungous growth over the estimated timespan.

The global mobility as a service market is segmented as follows:

By Service Type

	Ride hailing
	Car sharing
	Micro mobility
	Bus sharing
	Train service

By Solution Type

	Technology platforms
	Payment engines
	Navigation solutions
	Telecom connectivity providers
	Ticketing solutions
	Insurance services

By Transportation Type

	Public
	Private

By Region

	North America
	
		The U.S.
		Canada
	
	
	Europe
	
		France
		The UK
		Spain
		Germany
		Italy
		Rest of Europe
	
	
	Asia Pacific
	
		China
		Japan
		India
		South Korea
		Southeast Asia
		Rest of Asia Pacific
	
	
	Latin America
	
		Brazil
		Mexico
		Rest of Latin America
	
	
	Middle East & Africa
	
		GCC
		South Africa
		Rest of Middle East & Africa