Mobility as a Service (MaaS) Market Size for 2032 is Assumed to Hit USD 1735.99 Billion with a CAGR of 18.4% from 2025 to 2032; Enhancing Urban Mobility by Efficient Solutions Fueling the Market Growth

The global mobility as a service (MaaS) market size stood at USD 453.69 billion in 2024. The market is anticipated to grow from USD 532.76 billion in 2025 to USD 1735.99 billion by 2032, exhibiting a CAGR of 18.4% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Mobility as a Service (MaaS) Market Size, Share & Industry Analysis, By Service Type (Ride-Hailing, Car Sharing, Taxi Services, and Others), By Application Type (iOS, Android, and Others), and Regional Forecast, 2025-2032”.

Mobility as a Service (MaaS) is a transportation model that implements many shared mobility services, such as public transport, micro mobility, ride sharing services, and turns all these into a single, user-friendly platform accessible via apps or websites. These apps or websites make the customers book, plan, and pay for their travel seamlessly through one account. MaaS focuses on driving the growth of sustainable, declining reliance on private vehicles, enhancing urban mobility, and offering flexible solutions for individual necessities.

The COVID-19 pandemic considerably influenced the MaaS sector by changing travel behaviors and fueling the adoption of online platforms. Health concerns resulted in decreased use of shared transport modes, while remote work reduced overall traveling demand.  However, post-pandemic recovery witnessed immense focus on implementing health safety tips and tricks into MaaS platforms.

Asia Mobility Technologies launched a multimodal MaaS App, Which Fueled the Market Expansion

In March 2024, Asia Mobility Technologies launched ‘Trek’ app, which is a multimodal MaaS app and plans and tickets journeys. This app is the first mobility-as-a-service solution, which offers the current Trek Rides’ Demand-Responsive Transit (DRT) service along with public transit, park & ride, and transport in Greater Kuala Lumpur.

Rising Urbanization Demands Sustainable and Efficient Transportation, Which Drives the Market Growth

Urban and populated areas demand more advanced mobility solutions that can ease congestion and improve accessibility. To fulfil these demands, these densely populated cities are increasingly adopting the usage of MaaS solutions as a means to ease the difficulty in transportation. Additionally, many governments are integrating policies that aid the development of integrated transport systems, which fuels the Mobility as a Service (MaaS) market growth.

However, there are regulatory hurdles that hinder the development and growth of MaaS solutions. Such hurdles include a variety of challenges as license requirements, vehicle registration, and data privacy laws, which can restrain the market challenge.

Uber Holds the Leading Position among Prominent Market Players, Driving the Revenue Growth of the Market

The Mobility as a Service (MaaS) market is highly competitive and fragmented into several industry players, including Uber Technologies, Lyft Inc., Didi Chuxing Technology Co., ANI Technologies Pvt. Ltd., Grab, etc. Uber Technologies Inc. is one of the dominant transportation services who’s headquarters are located in California, U.S. Uber provides a variety of features on its app, which include ride-sharing, ride-hailing, and food delivery services across more than 85 countries worldwide. Its ride-hailing feature is the most popular for users’ convenience.

Key Players Profiled in the Report

• Uber Technologies Inc. (U.S.)


• Lyft, Inc. (U.S.)


• Didi Chuxing Technology Co. (China)


• ANI Technologies Pvt. Ltd. (India)


• Grab (Singapore)


• Chalo Mobility Private Limited (India)


• BMW Group (Germany)


• Moovel Group GmbH (Germany)


• Moovit Inc. (Israel)


• Citymapper (U.K.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/mobility-as-a-service-maas-market-102066

Key Industry Development

• February 2024 - King Abdullah Economic City in Saudi Arabia announced a partnership with Micromobility and mobility-as-a-service provider hopOn to set up a variety of transport solutions, including on-demand buses, scooters, and e-bikes.

Further Report Findings:

• By service type, the ride-hailing segment is expected to hold the leading mobility as a service (MaaS) market share due to the increasing usage of smartphones and varying consumer preferences for easier transportation solutions. Users are getting several options for booking the ride with ease and comfort, which surges the demand for the ride-hailing segment.


• Asia Pacific is dominating the global market due to dense population, urbanization, technological advancements, and favorable government plans. China and India are leading countries with advanced features and urbanization, which is necessary for a transportation solution.


• The market in North America is expected to register the second-largest position in the market over the forecast period. This region’s focus on sustainability, technological implementation, and regulatory support is fueling the MaaS market growth.

Table of Segmentation