Mobility as a Service Market 2019 Key Details and Outlook by Top Companies Till 2023Information TechnologyUpdated on Jan 31, 2019 View more like this | Visit MONTCLAIR, NJ | Contact Ashish Sharma |
Market Research Future published a Half- cooked research report on “Global Mobility as A Service Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Highlights:
The mobility as a service (MaaS) market has hit the right key at the perfect time to zoom ahead with a stellar speed. Its impact has been revolutionary in the transportation sector. Mobility as a Service can be integrated into a single mobile application with which the system can book, plan, buy tickets, and make payments for transportations in both public and private sector. The global mobility as a service market is expecting an excellent 36% CAGR during the forecast period (2017-2023) and reach a valuation of USD 253.16 billion in that time. Market Research Future’s (MRFR’s) report on the same market puts a light on the factors that can help the MaaS market grow.
With the rapid developments in information technology, transportation sector has revolutionized tremendously. The mobility as a service market is integrated on transportation and telecom sector. The telecom network is re-defined with more robust network bandwidth that it has been developed according to the end-users needs. Furthermore, transportation planners and operators have also embraced Mobility as a Service (MaaS) telecom network infrastructure. Globally, the Mobility as a Service market is presumed to have a significant growth over the forecast period. The widespread penetration of smartphones on 3G, 4G, and 5G networks, high connectivity levels, and a surge in cashless payment system are anticipated to be propelling factors for the growth of MaaS market over the assessment period
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Major Key Players
- BMW Group (Germany),
- Alliance Corporation (Canada),
- Apple Inc. (U.S.),
- Xerox Corporation (U.S.),
- Lyft, Inc.(U.S.),
- Uber Technologies Inc. (U.S.),
- MaaS Global (Finland),
- Deutsche Bahn (Germany),
- Daimler AG (Germany),
- Communauto (Canada)
among others, are profiled in MRFR Analysis and are at the forefront of competition in the global Mobility as a Service market.
Some other vendors for involved in MaaS market are Car2go (U.S.), Hailo (U.K.), Bridj (U.S.), Ola (India), Ridepal (U.S.), Make My Trip (India)
According to MRFR, The global Mobility as a Service market is expected to reach approximately USD 253.16 billion by 2023 growing with a 36% CAGR over the forecast period 2017-2023.
Competitive Analysis:
The MaaS market is getting benefitted from strategic developments integrated and implemented by major market players. These tactical moves include merger, acquisition, new product launch, research and development, and other methods that take the individual companies ahead in sync with the market expansion.
Ola, in 2018, has taken several steps such as the acquisition of Ridlr, a ticketing app to strengthen their mobility platform with public transportation infrastructure.
Latest news reveals that Uber is in talks with Careem for a big acquisition. Careem is Uber’s biggest Middle East competitor. This acquisition would help Uber in expanding their market reach.
MaaS Global has recently secured a USD 10 million fund to expand their region-based operation in Finland, as well as, in other countries. Their app Whim is the world’s first mobility service provider.
Segmentation:
The Mobility as a Service (MaaS) market is differentiated by type, deployment, services, and application platform.
On the basis of type, the Mobility as a Service market is categorized into public type and private type. By services, the market is sub-segmented as E-hailing services, bike sharing services, car sharing services, Pop up Bus services, self-driving car services, and others. By deployment, the market is segregated in on-premises and on-cloud. Lastly, on the basis of the application platform, the market is deployed into Android platform, iOS Platform, and others.
Regional Analysis
Region-specific approach to analyze the Mobility as a Service market includes namely North America, Asia Pacific (APAC), Europe, and the Rest-of-the-World (RoW).
Europe is registering significant growth in the MaaS market. Germany, Finland, the U.K., and France are countries that are contributing substantially to the regional market growth. These nations are also benefitting more than the rest reaping the best of the beginner’s charm.
The APAC market is huge with Hong Kong, Australia, China, New Zealand, India, Japan, Malaysia, Taiwan, Singapore, and South Korea joining the bandwagon. A considerable increase in the number of urban population index, are growing disposable income boosting the market. Furthermore, the concept of car sharing is picking up the pace which is also helping the market score more in terms of revenue. China is doing remarkably good. Smartphone user’s number is quite high in China and India which is helping people in getting the MaaS at their fingertip.
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Intended Audience
- System Security
- Software investors
- Mobility as a Service solution vendors
- Mobility as a Service Providers
- Network providers
- Transportation providers
- Data providers
- Transport operators
- Transport Tracking
- MaaS Service providers
- Value-added Resellers
LIST OF TABLES
TABLE 1 MOBILITY AS A SERVICE MARKET, BY TYPE
TABLE 2 MOBILITY AS A SERVICE MARKET, BY APPLICATION
TABLE 2 MOBILITY AS A SERVICE MARKET, BY SERVICES
TABLE 3 MOBILITY AS A SERVICE MARKET, BY END-USER
TABLE 4 MOBILITY AS A SERVICE MARKET, BY REGIONS
TABLE 5 NORTH AMERICA MOBILITY AS A SERVICE MARKET, BY TYPE
TABLE 6 NORTH AMERICA MOBILITY AS A SERVICE MARKET, BY APPLICATION
Continued……
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 MOBILITY AS A SERVICE MARKET: BY TYPE (%)
FIGURE 3 MOBILITY AS A SERVICE MARKET: BY APPLICATION (%)
FIGURE 4 MOBILITY AS A SERVICE MARKET: BY SERVICES (%)
FIGURE 5 MOBILITY AS A SERVICE MARKET: BY END-USER (%)
FIGURE 6 MOBILITY AS A SERVICE MARKET: BY REGION (%)
Continued……
For more Information Visit @
http://www.digitaljournal.com/pr/3403351
http://www.digitaljournal.com/pr/3679037
https://www.reuters.com/brandfeatures/venture-capital/article?id=32982
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