BIS Research - Emerging Technology Market Intelligence

Mobility as a Service (MaaS) The Future of Transportation

Oct 24, 2018 6:12:45 AM / by BIS Research posted in mobility as a service industry, mobility as a service market trends, Automotive, global mobility as a Service market, mobility as a service forecast, mobility as a service growth, mobility as a service market, mobility as a service market share, mobility as a service market size, mobility as a service report

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Mobility as a Service (MaaS) is the next step in the future of the transportation and commute model globally. The target of the MaaS is to digitalize the operations and bring both providers and users at one single platform. According to a market research report published by BIS Research titled, Mobility as a Service Market - Analysis and Forecast (2018 – 2028), the global mobility as a service market is projected to reach $1759.83 billion by 2028. Also, as per the trends it is suggested that MaaS market will be the leading value generator by the end of 2040. Factors driving the market are on-demand assured ride, integration of multi-modal transportation options, and wide range of options available with the end-user, which include types of commute, duration of service, choice of driver, real-time journey optimization and type of pricing among others. The aim of a MaaS platform is to integrate as many activities related to transportation as possible such as planning a journey, booking the ride, tracking the payment and taking feedback at the end of the service completion. MaaS also aims to integrate the domain of public transportation on its platform.

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