Mobility as a Service Market Analysis & Share, 2018-2028
The transportation industry is a parent to the Mobility as a Service Market, which will dominate the space in the future. The goal of MaaS market is to replace the conventional vehicle ownership model with a robust and dependable service model. Data is an asset for the mobility as a service provider for developing and optimizing service offerings. The mega trend which will influence the multi-modal products are vehicle electrification and autonomous vehicles. The MaaS market enhances the comfort level for a commuter, thus acting as one of the key factors to disrupt the conventional mindset of commuters.
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The history of the automotive innovation is dramatic, with many disruptive ideas to change the way people move. It has witnessed a change in transportation methods and commuter’s demand. Mega-factors impacting the automotive industry are technological advancements and changing environmental & climatic conditions. Evolution of the automotive ecosystem has resulted in the development of mobility service.
- Mobility as a Service (MaaS) Market Definition
- MaaS Market Structure
MaaS collaborates all the elements of the transportation service into a single package which is known as transportation as a service. The integration of MaaS with various service providers such as public transport, taxi fleets, and private vehicle, among others has developed a sense of convenience among the commuters. On-demand ride certainty in a secure manner irrespective of time and location is the prime factor driving the service acceptability. In the MaaS ecosystem, a consumer can be given various transportation options depending on their need and pocket. A local taxi service provider is the grass root level in the mobility service supply chain. It supports various options such as sharing of ride, car or bike, and leasing of taxi or car for a certain time. A MaaS platform integrates activities such as journey planning, booking car/ride, journey tracking, payment, and service feedback.
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