Insights on the Mobility as a Service Global Market to 2027 - by Service Type, Application and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Mobility as a Service Market Size, Trends & Growth Opportunity, By Service Type, By Application, By Region and Forecast till 2027." report has been added to ResearchAndMarkets.com's offering.

The global Mobility as a Service market was valued at USD 3.3 billion in 2020 which expected to reach USD 35.39 billion by 2027 at a CAGR 31.6% from 2020-2027.

Mobility-as-a- Service is a new type of service that allows users to plan, book, and pay for various types of mobility services through a single digital channel. The concept refers to a shift away from privately owned modes of transportation and toward mobility as a service.

Market Drivers

Regulations and a growing emphasis on smart city initiatives are driving MaaS implementations. Countries are developing new policies to promote the use of MaaS in transportation. The Finnish Act on Transport Services, for example, entered into force in 2018 and aims, among other things, to promote the implementation of MaaS. France is also leading the way in the development of new mobility schemes and MaaS models.

Market Restraints

With the increasing need to adhere to social distancing norms as a result of the COVID-19 pandemic, station-based mobility is likely to gain popularity. Commuters, on the other hand, would choose car rental services over public transportation to ensure minimal contact with people rather than multimodal transportation.

Key Players

Various key players are listed in this report such as Moovit Inc, MaaS Global Oy, Citymapper, Mobilleo, SkedGo Pty Ltd, UbiGo, Splyt, Qixxit, Communauto and Tranzer.

Market Segmentation

By Service Type

• Car
• Bus
• Bike

By Application

• Public
• Private

By Region

• North America
• Latin America
• Europe
• China
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Mobility as a Service Market?
• What will be the growth rate from 2020 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?

For more information about this report visit https://www.researchandmarkets.com/r/gawq0d