Mobility-as-a-Service Market Growth
                     Market Highlights 
A shift from privately owned modes of transportation towards mobility solutions that are 
consumed as a service is called as mobility-as-a-service. This is enabled through a combination of 
services from the private and public transportation sectors via a unified gateway. This gateway can 
manage the trip, and users pay for it with a single account. The users can pay for these services per 
trip or purchase a monthly plan for a limited distance. 
The global mobility-as-a-service market is expected to accrue higher level of growth over the 
forecast period. Market Research Future (MRFR), in their latest report has suggested that the 
market is expected to ascend at a 36% CAGR between 2017-2023. Rapid development of the public 
infrastructure and various regulatory policies are foundational elements guiding the developments 
of the cities, making them less vehicle-centric. Hence, MaaS provides solutions for moving traffic 
and goods in more convenient, faster and cost-effective transportation. These features of the 
market are known to proliferate the growth of the mobility-as-a-service market over the 
assessment period. 
Furthermore, elevating penetration of smartphones with 3G and 4G supportability and high 
connectivity levels are anticipated to foster growth in the global mobility-as-a-service market. A 
surge in cashless transactions is also assessed to drive the adoption of mobility-as-a-service 
solutions by consumers. The global mobility-as-a-service market is expected to garner the revenue 
valuation of USD 253.6 billion by the end of 2023. 
Segmentation: 
The global mobility-as-a-service market growth is segmented on the basis of type, deployment, 
application, services, application platform, and region. The market is segmented into public and 
private, based on type. Based on services, the MaaS market is segmented into bike-sharing services, 
car-sharing services, pop up bus services, e-hailing services, and self-driving car services. The 
market is segmented, based on deployment, into on-premises and on-cloud. Based on application 
platform, the MaaS market is segmented into iOS platform and android platform. 
Detailed Regional Analysis 
The global mobility-as-a-service market is studied for the regional segments of North America, Asia 
Pacific (APAC), Europe, and the Rest-of-the-World (RoW). Europe is likely to rule the global 
mobility-as-a-service market during the forecast period, as per the latest MRFR report. Europe is 
assessed to accrue significant growth in the mobility-as-a-service market. Finland, Germany, the 
UK, and France are expected to spearhead the country-specific market for mobility-as-a-service 
over the assessment period. Growth in the rising standard of living of people residing in the area, 
coupled with quick developments noted in the automotive and transportation sectors are expected 
to promote the upscaling of the mobility-as-a-service market in Europe. 
North America is anticipated to register substantial market growth over the conjecture period 
owing to a number of factors. A robust network infrastructure which can aid in smooth deployment 
of advanced mobility-as-a-service solutions has led to the upsurging implementation of such 
technologies. Moreover, consumer preference towards such solutions, over public transport has 
provided an extra push to market growth. The United States is likely to spearhead the mobility-as-
a-service market in North America, accounting for a significant market share. Canada is expected to 
follow the United States and fetch the second-largest share of the regional market by 2023. 
However, Asia Pacific is expected to upscale at the fastest rate over the forecast period. 
Key Players 
Some of the well-known players in the mobility-as-a-service market include BMW Group 
(Germany), Apple Inc. (U.S.), Alliance Corporation (Canada), Xerox Corporation (U.S.), Uber 
Technologies Inc. (U.S.), Lyft, Inc.(U.S.), MaaS Global (Finland), Daimler AG (Germany), Deutsche 
Bahn (Germany), and Communauto (Canada). 
Industry Update 
August 2019: WHILL and Scootaround recently announced their collaboration to develop and offer 
a mobility-as-a-service model that can be implemented everywhere. The two companies have an 
objective to improve the current travel landscape for mobility device users by increasing freedom 
and independence.