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Mobility as a Service Market

ID: MRFR/ICT/2236-CR
87 Pages
Ankit Gupta
February 2020

Mobility as a Service Market Size, Share and Trends Analysis Research Report: By Type (Public and Private), Service Type (Car, Bus, Ride), Business Model (Business to Business, Business to Customer and Peer to Peer), Application Platform (Android, iOS and others) and Region (North America, Europe, China, Asia-Pacific and Middle East & Africa) - Forecast till 2035

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Mobility as a Service Market Summary

As per Market Research Future analysis, the Mobility as a Service Market Size was estimated at 484.5 USD Billion in 2024. The Mobility as a Service industry is projected to grow from 558.02 USD Billion in 2025 to 2775.45 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 17.39% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The Mobility as a Service Market is experiencing dynamic growth driven by integration and sustainability efforts.

  • The integration of various mobility services is becoming increasingly prevalent, enhancing user convenience and accessibility.
  • Sustainability initiatives are gaining traction, with a focus on reducing carbon footprints and promoting eco-friendly transportation options.
  • Public-private partnerships are emerging as a strategic approach to enhance infrastructure and service delivery in urban areas.
  • Technological advancements and urbanization trends are key drivers, particularly in North America and Asia-Pacific, with ride sharing dominating the market and bike sharing rapidly growing.

Market Size & Forecast

2024 Market Size 484.5 (USD Billion)
2035 Market Size 2775.45 (USD Billion)
CAGR (2025 - 2035) 17.39%

Major Players

Uber Technologies Inc (US), Lyft Inc (US), Daimler AG (DE), BMW AG (DE), Volkswagen AG (DE), Grab Holdings Inc (SG), Ola Cabs (IN), Moovit (IL), Citymapper (GB), Transit App (CA)

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Mobility as a Service Market Trends

The Mobility as a Service Market is currently experiencing a transformative phase, characterized by the integration of various transportation services into a single accessible platform. This shift appears to be driven by the increasing demand for seamless travel experiences, as consumers seek convenience and efficiency in their daily commutes. The rise of digital technologies, including mobile applications and real-time data analytics, seems to facilitate this integration, allowing users to plan, book, and pay for multiple modes of transport through a unified interface. Furthermore, the growing emphasis on sustainability and reduced carbon footprints is likely to influence the adoption of shared mobility solutions, which may further enhance the appeal of this market. In addition, the Mobility as a Service Market is witnessing a surge in partnerships among public and private entities, which could lead to innovative service offerings. These collaborations may enhance the overall user experience by providing comprehensive solutions that cater to diverse transportation needs. As urbanization continues to escalate, the demand for efficient mobility solutions is expected to grow, potentially reshaping urban landscapes and transportation infrastructure. The ongoing evolution of this market suggests a promising future, where integrated mobility solutions become a standard aspect of urban living, fostering greater accessibility and connectivity for all users. The growth of the shared mobility market is accelerating as consumers increasingly prefer ride sharing and bike sharing solutions. Ride sharing remains the backbone of the shared mobility market, supported by app-based platforms and urban demand. Digital platforms are enabling advanced mobility solutions for the transportation industry, improving efficiency and user experience. The Mobility as a Service Market represents a fast-growing segment within the broader transportation services market.

Integration of Services

The Mobility as a Service Market is increasingly focusing on the integration of various transportation modes, such as public transit, ride-sharing, and bike-sharing, into cohesive platforms. This trend aims to provide users with a seamless travel experience, allowing them to navigate urban environments more efficiently.

Sustainability Initiatives

There is a growing emphasis on sustainability within the Mobility as a Service Market, as stakeholders seek to reduce environmental impacts. This trend may lead to the promotion of electric vehicles and shared mobility solutions, which could contribute to lower carbon emissions and improved urban air quality.

Public-Private Partnerships

The formation of public-private partnerships is becoming more prevalent in the Mobility as a Service Market. These collaborations may enhance service delivery and expand access to mobility solutions, addressing the diverse needs of urban populations and fostering innovation in transportation.

Mobility as a Service Market Drivers

Technological Advancements

The Global Mobility as a Service Market Industry is experiencing rapid technological advancements that enhance user experience and operational efficiency. Innovations in mobile applications, artificial intelligence, and data analytics are facilitating seamless integration of various transport modes. For instance, platforms that aggregate public transport, ride-sharing, and bike-sharing services are becoming increasingly prevalent. This integration allows users to plan, book, and pay for multi-modal journeys through a single interface. As a result, the market is projected to reach 9.63 USD Billion in 2024, reflecting the growing reliance on technology to streamline urban mobility solutions.

Market Segment Insights

By Application: Ride Sharing (Largest) vs. Bike Sharing (Fastest-Growing)

The Mobility as a Service Market exhibits a diverse landscape across its application segments, with Ride Sharing emerging as the largest player. This segment encompasses various platforms and services that allow users to book rides via mobile applications, capturing a significant portion of market share. On the other hand, Bike Sharing is gaining immense traction, driven by increasing urbanization and a growing preference for eco-friendly transportation options. The integration of smart technologies in bike-sharing schemes has also contributed to its rise.

Ride Sharing (Dominant) vs. Bike Sharing (Emerging)

Ride Sharing has established itself as the dominant application in the Mobility as a Service Market, facilitated by its convenience and the proliferation of mobile applications. Major players have invested in enhancing user experience, making it easier to connect drivers with passengers. Conversely, Bike Sharing is becoming an emerging force, appealing to environmentally conscious consumers and cities looking to reduce traffic congestion. Innovative bike-sharing models, including electric-assist bikes, are rapidly gaining popularity, making it a vital segment for future growth amid shifting urban mobility trends.

By End Use: Individual Users (Largest) vs. Corporate Users (Fastest-Growing)

The Mobility as a Service market exhibits a diverse distribution of end-use segments, with Individual Users constituting the largest share. This segment thrives on the demand for personalized, flexible transportation options that cater to the daily commuting needs of people. In contrast, while Corporate Users hold a significant position, they represent the fastest-growing segment as businesses increasingly adopt mobility solutions to enhance employee productivity and reduce transportation costs. Overall, these two segments illustrate the evolving nature of urban mobility and the changing preferences of consumers and businesses alike.

Corporate Users: Emerging vs. Public Sector: Dominant

Corporate Users are emerging as a vital segment in the Mobility as a Service market, characterized by organizations leveraging technology to optimize transportation for their workforce and operations. Their growth is driven by the need for cost-effective and efficient transportation solutions, encouraging companies to explore partnerships with mobility providers. Meanwhile, the Public Sector remains a dominant segment, supported by government initiatives aimed at enhancing public transport systems and reducing urban congestion. This sector's focus on sustainability and eco-friendly transportation options positions it as a leading force, influencing policies to promote integrated mobility solutions.

By Service Type: Subscription Services (Largest) vs. Pay-per-Use Services (Fastest-Growing)

In the Mobility as a Service market, subscription services lead the way in market share, appealing to users seeking consistent access to mobility options without the hassle of ownership. Pay-per-use services are gaining traction, particularly among users looking for flexibility and cost-efficiency in travel. This shift indicates a broader acceptance of on-demand mobility, with various service providers enhancing their offerings to compete in this dynamic environment. Growth trends for these service types indicate a significant movement toward subscription models, driven by consumer preferences for convenience and budget-friendly options. Pay-per-use services are becoming popular, especially in urban areas, where users appreciate the freedom of selecting services as needed. Integrated mobility services are also contributing to this growth by providing seamless experiences for users.

Subscription Services (Dominant) vs. Freemium Services (Emerging)

Subscription services have established themselves as the dominant model in the Mobility as a Service (MaaS) market, offering comprehensive packages that cater to the diverse needs of users who seek reliability and access to a range of mobility options at a fixed cost. These services often include a mix of transport modes, such as public transit, ride-sharing, and biking, making them highly attractive to consumers looking for hassle-free mobility solutions. On the other hand, freemium services represent an emerging trend, appealing particularly to younger generations. These platforms often provide basic mobility services free of charge while monetizing through premium features. As MaaS continues to evolve, the interplay between these two service types will shape the market landscape.

By Vehicle Type: Electric Vehicle (Largest) vs. Hybrid Vehicle (Fastest-Growing)

The Mobility as a Service (MaaS) market exhibits a diverse landscape in the vehicle type segment, with electric vehicles dominating the sector. They attract significant attention due to their eco-friendly nature and government incentives, commanding the largest market share among all other vehicle types. Hybrid vehicles are gaining traction as well, capturing a notable percentage of the market, particularly among consumers looking for flexibility in fuel efficiency without fully transitioning to electric power. Growth trends indicate a rapid shift towards electric vehicles as technological advancements and expanding infrastructure reduce range anxiety and charging times, thus enhancing consumer adoption. Meanwhile, hybrid vehicles are witnessing accelerated growth due to rising fuel prices and environmental concerns, making them an appealing choice for users seeking a balanced approach.

Electric Vehicle (Dominant) vs. Autonomous Vehicle (Emerging)

Electric vehicles (EVs) are currently the dominant choice in the Mobility as a Service market, primarily due to their sustainability and minimal carbon emissions. They are supported by a global push for cleaner transport options, incentivizing manufacturers and consumers alike to embrace this technology. On the other hand, autonomous vehicles are recognized as emerging contenders that could revolutionize the market. Although they have yet to achieve widespread adoption, their potential for optimizing traffic flow and reducing accidents positions them as a focal point for future innovation and investments. Both segments play crucial roles in shaping the future of mobility, where EVs lead with established infrastructure while autonomous vehicles hold promise for transformative advancement.

By Technology: Mobile Applications (Largest) vs. Artificial Intelligence (Fastest-Growing)

In the Mobility as a Service (MaaS) market, Mobile Applications clearly command the largest share of technological adoption, offering users seamless access to various transport services. This segment benefits significantly from high smartphone penetration and a growing consumer demand for convenience and efficiency in transportation. Conversely, while less established, Artificial Intelligence is experiencing rapid growth driven by advancements in data analysis and machine learning, providing robust solutions to optimize transport operations.

Technology: Mobile Applications (Dominant) vs. Artificial Intelligence (Emerging)

Mobile Applications serve as the backbone of the Mobility as a Service ecosystem, providing users easy access to a variety of transportation options through user-friendly interfaces. They offer features like ride-hailing, route planning, and payment integration, greatly enhancing user experience. In contrast, Artificial Intelligence is emerging as a powerful tool in this sector, with its ability to analyze vast datasets for improved routing, predictive maintenance, and personalized transport solutions. As AI continues to evolve, it will increasingly influence operational efficiency and user engagement in the MaaS landscape.

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Key Players and Competitive Insights

The Mobility as a Service Market is currently characterized by a dynamic competitive landscape, driven by technological advancements, evolving consumer preferences, and a growing emphasis on sustainability. The adoption of smart mobility solutions for the transportation industry is driving innovation and competition. The global mobility market is undergoing rapid transformation with the rise of integrated digital platforms. Major players are strengthening their positions in the evolving mobility market through partnerships and innovation. Major players such as Uber Technologies Inc (US), Daimler AG (DE), and Grab Holdings Inc (SG) are strategically positioning themselves through innovation and partnerships. Uber Technologies Inc (US) continues to enhance its platform by integrating electric vehicles (EVs) and autonomous driving technologies, thereby appealing to environmentally conscious consumers. Meanwhile, Daimler AG (DE) focuses on expanding its mobility solutions through strategic alliances with local transport providers, which enhances its service offerings and market reach. Collectively, these strategies contribute to a competitive environment that is increasingly focused on technological integration and customer-centric solutions. The business tactics employed by these companies reflect a moderately fragmented market structure, where localized strategies and supply chain optimization play crucial roles. Companies are increasingly localizing their services to cater to regional demands, which not only enhances customer satisfaction but also fosters loyalty. The collective influence of these key players is significant, as they navigate regulatory challenges and adapt to the evolving landscape of urban mobility. In November 2025, Uber Technologies Inc (US) announced a partnership with a leading electric vehicle manufacturer to introduce a fleet of electric rideshare vehicles in major metropolitan areas. This strategic move is likely to bolster Uber's commitment to sustainability while potentially reducing operational costs associated with fuel. The integration of electric vehicles into its fleet may also enhance its brand image, appealing to a growing segment of eco-conscious consumers. In October 2025, Daimler AG (DE) launched a new mobility platform that integrates various transportation modes, including public transit, ride-hailing, and bike-sharing, into a single app. This initiative is indicative of Daimler's focus on providing seamless mobility solutions, which could significantly improve user experience and operational efficiency. By consolidating multiple services, Daimler positions itself as a comprehensive mobility provider, potentially attracting a broader customer base. In September 2025, Grab Holdings Inc (SG) expanded its services to include a subscription model for frequent users, offering discounted rides and exclusive promotions. This strategic initiative appears to be a response to increasing competition in the region, aiming to enhance customer retention and loyalty. By providing value-added services, Grab may strengthen its market position and mitigate the impact of price wars prevalent in the industry. As of December 2025, the Mobility as a Service Market is witnessing trends that emphasize digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and enhancing service delivery. The shift from price-based competition to a focus on technological advancements and supply chain reliability is becoming increasingly evident. Companies that prioritize innovation and adaptability are likely to differentiate themselves in this evolving market, suggesting a future where competitive advantage hinges on the ability to leverage technology and respond to consumer needs.

Key Companies in the Mobility as a Service Market include

Industry Developments

  • Q2 2024: Uber and Waymo expand autonomous ride-hailing partnership in Phoenix Uber announced the expansion of its partnership with Waymo to offer autonomous ride-hailing services in Phoenix, allowing Uber users to book Waymo self-driving vehicles directly through the Uber app.
  • Q2 2024: Bolt raises $220M to expand its Mobility-as-a-Service platform across Europe Estonian mobility company Bolt secured $220 million in new funding to accelerate the rollout of its MaaS platform, integrating ride-hailing, e-scooters, and car-sharing services in additional European cities.
  • Q2 2024: Siemens Mobility acquires Padam Mobility to strengthen MaaS offering Siemens Mobility completed the acquisition of French startup Padam Mobility, a provider of on-demand and shared mobility solutions, to enhance its Mobility-as-a-Service portfolio for public transit authorities.
  • Q3 2024: Lyft launches integrated MaaS app in Los Angeles Lyft introduced a new app in Los Angeles that combines ride-hailing, bike-sharing, scooter rentals, and public transit ticketing, aiming to provide a seamless multimodal mobility experience.
  • Q3 2024: Daimler Mobility and Deutsche Bahn sign partnership for urban MaaS pilot Daimler Mobility and Deutsche Bahn announced a strategic partnership to pilot a Mobility-as-a-Service platform in Berlin, integrating car-sharing, public transit, and micro-mobility options for urban commuters.
  • Q3 2024: Moovit partners with Visa to enable contactless MaaS payments Moovit, a leading MaaS app, partnered with Visa to launch contactless payment integration, allowing users to pay for multimodal journeys across participating cities using their Visa cards.
  • Q4 2024: Uber launches Uber Transit in London, integrating real-time public transport data Uber announced the launch of Uber Transit in London, providing users with real-time public transport information and ticketing options directly within the Uber app.
  • Q4 2024: Ola Electric secures $300M in Series E funding to expand MaaS operations Ola Electric raised $300 million in a Series E funding round to scale its electric vehicle fleet and MaaS platform across major Indian cities, focusing on sustainable urban mobility.
  • Q1 2025: Grab launches MaaS pilot program in Singapore with government support Grab, in collaboration with Singapore’s Land Transport Authority, launched a pilot Mobility-as-a-Service program integrating taxis, public transit, and bike-sharing into a single app for commuters.
  • Q1 2025: Via wins contract to operate on-demand public transit in Madrid Via, a provider of on-demand transit technology, secured a contract with Madrid’s city government to operate a new flexible public transport service as part of the city’s MaaS initiative.
  • Q2 2025: Siemens Mobility opens new MaaS R&D center in Munich Siemens Mobility inaugurated a new research and development center in Munich dedicated to advancing Mobility-as-a-Service technologies and digital mobility solutions.
  • Q2 2025: Citymapper acquired by Google to bolster urban mobility services Google announced the acquisition of Citymapper, a popular urban mobility app, to enhance its MaaS capabilities and integrate multimodal journey planning into Google Maps.

Future Outlook

Mobility as a Service Market Future Outlook

The Mobility as a Service Market is projected to grow at a 17.39% CAGR from 2025 to 2035, driven by technological advancements, urbanization, and changing consumer preferences.

New opportunities lie in:

  • Integration of AI-driven route optimization tools Development of subscription-based mobility packages Expansion of electric vehicle sharing networks

By 2035, the Mobility as a Service Market is expected to be a pivotal component of urban transportation.

Market Segmentation

Mobility as a Service Market End Use Outlook

  • Individual Users
  • Corporate Users
  • Public Sector
  • Tourism and Hospitality
  • Logistics and Delivery

Mobility as a Service Market Technology Outlook

  • Mobile Applications
  • Cloud Computing
  • Artificial Intelligence
  • Internet of Things

Mobility as a Service Market Application Outlook

  • Ride Sharing
  • Car Sharing
  • Bike Sharing
  • Public Transport Integration
  • Mobility on Demand

Mobility as a Service Market Service Type Outlook

  • Subscription Services
  • Pay-per-Use Services
  • Freemium Services
  • Integrated Mobility Services

Mobility as a Service Market Vehicle Type Outlook

  • Electric Vehicle
  • Hybrid Vehicle
  • Internal Combustion Engine
  • Autonomous Vehicle

Report Scope

MARKET SIZE 2024 484.5(USD Billion)
MARKET SIZE 2025 558.02(USD Billion)
MARKET SIZE 2035 2775.45(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 17.39% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Uber Technologies Inc (US), Lyft Inc (US), Daimler AG (DE), BMW AG (DE), Volkswagen AG (DE), Grab Holdings Inc (SG), Ola Cabs (IN), Moovit (IL), Citymapper (GB), Transit App (CA)
Segments Covered Application, End Use, Service Type, Vehicle Type, Technology
Key Market Opportunities Integration of autonomous vehicles enhances efficiency in the Mobility as a Service Market.
Key Market Dynamics Rising consumer demand for integrated transport solutions drives innovation and competition in the Mobility as a Service Market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Ankit Gupta
Senior Research Analyst

Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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FAQs

What is the projected growth rate of global Mobility as a Service market?

The Mobility as a Service market is predicted to expand at a 17.4% CAGR over the review period.

What factors are predicted to drive the global Mobility as a Service market growth?

The rapid expansion of public infrastructure and in regulatory policies, and the integration of telecom service providers, is expected to create opportunities for the market over the review period.

What factors are likely to restrain in global Mobility as a Service market growth?

The MaaS system operates through the internet which can be susceptible to hackers which can impede the MaaS market growth over the forecast period.

What is the business model segment of global Mobility as a Service market is expected to witness the highest growth?

The business to business (B2B) segment is expected to record the highest market share by 2024.

Which region is projected to witness the highest growth in the global Mobility as a Service market?

the European mobility as a service market is anticipated to witness highest growth at a CAGR of 37.1% over the review period.

Who are the main players operating in the global Mobility as a Service market?

A few market players in the global market for Mobility as a Service technology are Daimler AG (Germany), Bayerische Motoren Werke AG (BMW) (Germany), Deutsche Bahn (Germany), Xerox Corporation (US), Lyft, Inc (US), and others.

Research Approach

Research Methodology on Mobility as a service market.

Research Design

The research report published by Market Research Future entails the study of the Mobility as a Service Market and helps forecast its growth for the period 2023-2030. The base year for analysis is 2022 and all the information is taken from various secondary sources, such as the current trends, industry news and press releases, annual reports, and magazines. The top-level analysis is carried out to determine the market growth rate, market size, and scope of the market, over the forecast period.

Primary Research

Primary research involves interviews with experts, suppliers, and key opinion leaders. In addition, a survey is conducted to gather the primary data from the industry experts who work in the Mobility as a Service Market. To gather information, several industry experts, including CEOs, VPs, directors, marketing professionals, and other industry-specific experts have taken part in the study. The information and data collected have helped in a thorough analysis of the market and its current right.

Secondary Research

Secondary research involves the systematic research of the Mobility as a Service Market. Secondary research includes literature research, press releases, white papers, and various other publications. Secondary data also includes existing market trends, existing industry structure, and market and informational resources. The research team reviews various industry reports, and current market conditions from various sources such as libraries, magazines, financial reports, and others.

Research Assumptions

In order to estimate the market size and product valuation, a combination of three different methods is used including a survey of industry experts, input from the C-Suite executives on the product value, and various high-level assumptions. The primary objective of the research report is to understand the current structure of the Mobility as a Service Market and its potential revenue forecasts over the given forecast period.

Market Breakdown and Data Triangulation

The collected data is analyzed across different parameters such as geography, distribution network, and competitive landscape. The estimates of the Mobility as a Service Market are made by analyzing the data collected from different primary and secondary sources from both macro and micro perspectives.

Vendor Analysis

The report focuses on the key players in the Mobility as a Service Market including the major ones like Alphabet Inc., Uber Technologies Inc., DeLorme Inc., TomTom International BV, Grab Holdings Inc., Didi Chuxing, Siemens Mobility GmbH, DiDi Chuxing, HERE Technologies group, BlaBlaCar, and Car2Go, among others. The corporate profiles of these key players provide a comprehensive overview of the company, its product portfolio, size, and share. It also helps in understanding the competitive landscape for the Mobility as a Service Market.

Future Estimation and Forecast

The analysis of the Mobility as a Service Market takes place from 2023 to 2030 in order to arrive at accurate and up-to-date market insights. The segmental analysis of the report is carried out to understand the market potential at a micro level and macro level. The market estimation and forecast focus on the overall market size, market share, revenue insight, and competitive analysis of the Mobility as a Service Market over the given forecast period.

Conclusion

The published research report by Market Research Future presents a detailed analysis of the Mobility as a Service Market and its growth forecasts over the projected time period 2023 to 2030. The report covers the key players, market segmentation, regional analysis, segmental analysis, and competitive analysis of the market. The primary research and secondary research methods have been used to provide an accurate forecast of the Mobility as a Service Market size and share over the given period. The primary objective of this research report is to provide market insights to the reader and help them understand the market structure and its forecast. Overall, the report provides an accurate and up-to-date market forecast for the Mobility as a Service Market that is projected to grow over the forecast period.

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