Mobility as a Service (MaaS) Market to Reach $476.34Bn, Globally, by 2025 at 36.4% CAGR with Android Segment Driving Growth During 2018–2025 | The Insight Partners

 Pune,India, June 29, 2023 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Mobility as a Service (MaaS) Market Size Report, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2025 - COVID-19 Impact and by Service Type, Application Platform, Business Model, Vehicle Type, and Geography”, the mobility as a service (MaaS) market was valued at US$ 44.33 billion in 2017 and is projected to reach US$ 476.34 billion by 2025; it is expected to grow at a CAGR of 36.4% from 2018 to 2025. The increasing urbanization and smart city initiatives, and Improved modes of transportation from one end to another. However, the lack of awareness among the people is expected hinder the growth of the market.

https://www.globenewswire.com/en/news-release/2023/06/29/2696824/0/en/Mobility-as-a-Service-MaaS-Market-to-Reach-476-34Bn-Globally-by-2025-at-36-4-CAGR-with-Android-Segment-Driving-Growth-During-2018-2025-The-Insight-Partners.html

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Global Mobility As A Service Market: Segmental Overview

Based on service type, the mobility as a service market is segmented into self-driving car service, ride-hailing service, car sharing service, bi-cycle sharing service and bus sharing services. The ride-hailing service segment held the largest share of the market in 2020 and is anticipated to register the highest CAGR in the market during the forecast period. Based on application platform the market is categorized as android, iOS, and others. The android segment held the largest share of the mobility as a service market in 2020 and is anticipated to register the highest CAGR in the market during the forecast period. On basis of business model, the mobility as a service (MaaS) market is classified as B2B, B2C, and P2C. The B2C segment held the largest share of the market in 2020 and is estimated to register the highest CAGR in the market during the forecast period. Based on vehicle type, the mobility as a service market is segmented into passenger cars, bike, and bus. The passenger cars segment held the largest share of the market in 2020 and is estimated to register the highest CAGR in the market during the forecast period