The market report titled Mobility As A Service (MaaS) market has been recently added by Absolute Markets Insights to its extensive repository and the data can be used to gain penetrative insights into the businesses. The case study thus addresses the present market scenario and historical developments of the market. The global Mobility As A Service (MaaS) sector has been scrutinized with regards to key elements such as products or services, applications, end-users, and technologies. Moreover, the case study has been gauged on the basis of primary and secondary research methodologies. Furthermore, with the help of different analysis tools such as SWOT analysis and Porter’s five analysis accurate knowledge of Mobility As A Service (MaaS) market has been presented to readers. Graphical presentation techniques such as ample graph, tables, charts, and pictures further enhances the understanding of market data. The report has been created precisely by gauging intricate market aspects and presented to readers for an effective market study.
Additionally, the report presents extensive knowledge on distinctive market attributes such as production, revenue, and capacity. Among other distinctive features of the market report, it also includes coverage of influential market trends and of the current scenario on market shares. Significant information of the report is supported by evidence of prominent companies such as financial overview, specification and recent developments. Finally, the research also draws attention to possible strengths, weaknesses, threats, and opportunities that can affect the progress of global Mobility As A Service (MaaS) market.
Competitive Outlook: ANI Technologies Pvt. Ltd, Beijing Xiaoju Technology Co, Ltd., Citymapper, Grab Holdings Inc., Japan Taxi Co.,Ltd, MaaS Global Oy, MERU, Moovit Inc., oBike, PT Aplikasi Karya Anak Bangsa (brand Gojek) and Uber Technologies Inc. amongst others.
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In terms of revenue, Asia Pacific mobility as a service (MaaS) market was valued at US$ 115,122.9 Mn in 2020 and is anticipated to grow at a CAGR of 8.5% over the forecast period and reach US$ 238,448.8+ Mn by 2030. The study analyses the market in terms of revenue across all the major countries.
The growing technological advancements in automotive sector has facilitated delivery of economic and high-quality mobility services thus boosting the growth of mobility as a service (MaaS) market in Asia Pacific. The growing digitalization has transformed the lifestyle of humans and thus their needs and expectations. Smartphones and internet have penetrated remote corners of Asia empowering high number of people to utilize digital apps for availing mobility services. As per the statistics published in United Nations Educational, Scientific and Cultural Organization’s (UNESCO) report released in 2016, Asian countries such as China and India are among the highest internet users with 22% of global internet users in China alone. These figures have added up to the people having access to mobility services in Asia Pacific region. Along with this, technological developments in automotive sector such as Internet of Things (IoT), connected cars, electric vehicles and others have contributed towards fast pacing of MaaS market growth. IoT has enabled automotive players to deploy smart and connected capabilities to the car enabling accurate locating, tracking and trip planning in mobility services. The ofo bike sharing company of China partnered with Huawei and China Telecom in 2017 to deploy Narrowband-IoT (NB-IoT) and smart IoT based locks on their bikes.
Segmentation of Mobility as a Service (MaaS) Market:
By Type of Service
Self-driving Car Service
By Application Platform
By End User
Middle East and Africa
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