Mobility as a Service Market Revenue to Attain USD 1,068.37 Bn by 2033

17 Apr 2025

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Table of Content

1. Mobility as a Service Market Revenue and Trends 2025 to 2033 2. Market Overview  3. Report Highlights 4. Market Trends 5. Regional Outlooks 6. Mobility as a Service Market Coverage                         7. Market News 8. Mobility as a Service Market Key Players 9. Market Segmentation

Mobility as a Service Market Revenue and Trends 2025 to 2033

The global mobility as a service market revenue reached USD 302.18 billion in 2025 and is predicted to attain around USD 1,068.37 billion by 2033 with a CAGR of 17.10%. The demand for the market is increasing due to ongoing research and development in this sector.

Market Overview 

The mobility as a service market combines different transportation solutions into a single platform, providing users with an optimized and sophisticated way to plan, book, and pay for their trips. It is generally a shift from purchasing a personal vehicle to accessing transportation as a service, covering car-sharing, ride sharing, bike-sharing, and public transit, all controlled and managed through a unified interface. By facilitating alternative modes of transportation and shared mobility, mobility as a service (MaaS) can contribute to minimizing air pollution, traffic congestion, and overall carbon emissions.

Report Highlights

• By vehicle type, the passenger car segment accounted for the largest market share in 2024. The high population density in the metropolitan cities in these countries makes sophisticated transportation crucial.
• By application, the personalized application services segment dominated the mobility as a service market in 2024. The dominance of the segment can be attributed to the growing need for specialized solutions and the rise of cloud-based development. The flexible payments and transactions segment is expected to grow at the fastest rate over the forecast period. The growth of the segment can be credited to technological advancements and ongoing digital adoption.
• By end user, the business development segment held the largest market share in 2024. The dominance of the segment can be driven by increasing emphasis on financial stability, operations, and building a skilled workforce. The hospital transport facility segment is anticipated to grow at the fastest rate over the projected period. The growth of the segment is owing to the surge in the elderly population coupled with the raised demand for healthcare services.

Market Trends

Increasing Government Support

Support from the different governments in many regions with introducing and developing electric passenger vehicles and passenger vehicles has enhanced the overall mode of transportation and developed infrastructure for electric vehicles and charging stations. Also, the rise in modes of transportation such as car sharing, ride sharing, bike commuting, bike sharing, and passenger vehicles like Uber, Ola, and Zipcar are further impacting positive market growth.

Fleet Electrification

Governments across the globe are imposing strict emission norms to curb increasing pollution. Hence, to decrease carbon emissions and grow business in countries with strict emission norms, many mobility-as-a-service providers are converting their fleets to electric to provide clean future mobility options for the urban population. Moreover, the government of emerging economies is making plans to deploy the French Mobility Act, i.e., smartcard or one-ticket policy for all its transportation programs.

Rising Shift Toward Micro-Mobility

Micro-mobility, especially in emerging economies, is anticipated to be the future of the transportation sector. It is a short-distance usage of vehicles like scooters and bicycles. Furthermore, consumers' increasing interest in micro-mobility has impelled major manufacturers like Daimler and BMW into micro-mobility transportation. Increasing the utilization of micro-mobility saves customers money and time as compared to conventional taxi journeys.

Regional Outlooks

Europe dominated the mobility as a service market in 2024. The dominance of the region can be attributed to the region's strong focus on sustainability and cost-effectiveness. Integrating bike-sharing, electric vehicles, and public transit solutions on mobility as a service platform complies with the commitment to decreasing emissions and boosting eco-friendly transportation. In addition, regulations encourage fair competition, open data sharing, and public transportation integration, which propels the regional market expansion further. The major market players in the region include BMW Group and Moovel Group GmbH etc.

North America is expected to grow at the fastest rate in the mobility as a service market over the forecast period. The growth of the region can be credited to the tech-savvy population in countries like the U.S. and Canada that easily adopt new digital solutions. Furthermore, these countries have already adopted shared mobility services such as bike-sharing and ride-hailing. Therefore, mobility as a service platform can combine different modes of transport to help people navigate to these cities.

Mobility as a Service Market Coverage                        

Market News

• In March 2024, Asia Mobility Technologies launched multimodal MaaS app journey planning and ticketing in the Trek app. It is the region's first mobility-as-a-service solution, offering the current Trek Rides' Demand-Responsive Transit (DRT) service with public transport, park and ride, and active transport in Greater Kuala Lumpur.
• In January 2024, GreenCell Mobility, a platform partnered with the Director of Urban Mobility to provide electric mobility-as-a-service (eMaaS). The company took a monumental step in promoting sustainable and eco-friendly transportation by deploying 150 intra-city electric buses in Ayodhya.
• In January 2024, Bounce Infinity, an electric scooter manufacturing firm, partnered with energy infrastructure provider SUN Mobility to deploy over 30,000 Bounce Infinity Scooters in key markets across the country, starting with Bangalore and Hyderabad and extending to Mumbai, Pune, and Delhi NCR in phases starting February. SUN Mobility will deploy these 2-wheelers under both the battery-as-a-service (BaaS) and mobility-as-a-service models.

Mobility as a Service Market Key Players

• Lyft, Inc.
• Moovit, Inc.
• Uber Technologies, Inc
• Communauto, Inc
• Citymapper, Ltd
• MaaS Gobal Oy
• uBIgO Innovation AB
• SkedGo Pty, Ltd.
• Moovel Group GmbH

Market Segmentation

By Service Type

• Ride Hailing
• Car Sharing
• Micromobility
• Bus Sharing
• Train Services

By Solution Type

• Technology Platforms
• Payment Engines
• Navigation Solutions
• Telecom Connectivity Providers
• Ticketing Solutions
• Insurance Services

By Transportation Type

• Public
• Private

By Vehicle Type

• Micromobility
• Four-wheelers
• Buses
• Trains

By Application

• Personalized Application Services
• Journey Management
• Journey Planning
• Flexible Payments & Transactions

By Operating System

• Android
• iOS
• Others (Linux, Symbian OS, Blackberry OS, Windows, and KaiOS)

By Business Model

• Business-to-Business
• Business-to-Consumer
• Peer-to-Peer

By Propulsion Type

• ICE Vehicle
• Electric Vehicle
• Hybrid Electric Vehicle
• CNG/LPG Vehicle

By Mode

• Public
• Private

By End User

• Business Developments
• Transport Services
• Academics
• Civil Work
• Hospital Transport Facility
• Municipal Sector

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