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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
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
Further Report Findings:
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2032 |
Historical Period | 2019-2023 |
Growth Rate | CAGR of 18.4% from 2025 to 2032 |
Unit | Value (USD billion) |
Segmentation | By Service Type
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By Application Type
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By Region
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