Mobility as a Service (MaaS) Market Report to 2031, by Visiongain Research Inc.

(Visiongain via Comtex)

Visiongain has published a new report on Mobility as a Service (MaaS) Market Report to 2031: Forecasts by By Vehicle Type (Public and Private) By Service Type (Ride Hailing, Ride Sharing, Vehicle Sharing (Car/Bike), Micro mobility) By Vehicle Type (Traditional IC Engine and Electric Mobility) By Business Model (Business to Customer (B2C), Business to Business (B2B), and Peer to Peer (P2P)). PLUS Profiles of Leading Mobility as a Service Manufacturing Companies and Regional and Leading National Market Analysis. PLUS, COVID-19 Recovery Scenarios.

The MaaS market is anticipated to witness positive growth over the forecast period, despite the disruptions created by COVID-19 in the year 2020. The growth of the market can be attributed to the increasing support from the regional governments through incentives, loans and subsidies.

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COVID-19 Impact on Mobility as a Service Market
COVID-19 negatively severely impacted the Mobility as a Service market. The industry remained the one of the worst-hit due to a number of factors. Firstly, the announcement of nation-wide lockdown across major countries in the globe brought the passenger mobility to standstill, zeroing down the need of mobility services. Secondly, the precautionary measure to maintain social-distancing in order to contain spread of virus forced companies to operate at capacity as low as 30% and it also turned focus of customers towards preferring personal mobility over shared. Business model such as ride sharing saw a significant negative impact due to COVID-19 and is still away from recovery and the number of shared rides continues to stand low. Additionally, the growing culture of 'work-from-home' has adversely impacted the demand from the corporate sector which happened to be a key user of shared mobility or mobility as a service.

Market Drivers
Amid all the odds that COVID-19 has made to the mobility as a service industry, there are several factors which are anticipated to work in favor of the players in the market. With the growing demand for personal mobility but limited household disposable income, business models such as vehicle sharing, car rentals and vehicle subscription offers better value proposition to the customers. The customer gets convenience of riding and keeping a vehicle without hassle of owing it and being credible for limited liability. Secondly, the easing lockdowns and unlocking of economic activities will act as a key factor pushing the demand for mobility as a service.

Market Opportunities
Major opportunity exists for players in innovating business new models with customer-centric approach. Last-mile mobility is still a key area of opportunity for the players in the market. Secondly, significant opportunities exist for the players operating in the mobility as a service market in participating with leading OEMs who are keen towards becoming an mobility service company than just being a product company. There are various recent examples where OEMs are working hand-in-hand with mobility as a service companies or have their own mobility wing to expand their presence in the area.

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How the Mobility as a Service Market report helps you
In summary, our 500+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Global Mobility as a Service Market, with forecasts for Product Category, Vehicle Type, and Power Output of equipment, each forecasted at a global and regional level- discover the industry's prospects, finding the most lucrative places for investments and revenues
  • Revenue forecasts to 2031 for 5 regional and 20 key national markets - See forecasts for the Mobility as a Service market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market- including company profiles for 10 of the major companies involved in the Mobility as a Service Market.

Competitive Landscape
Some of the company's profiled in this report include Moovit Inc., MaaS Global Oy, Uber Technologies Inc., SKEDGO, UBIGO, SPLYT Technologies, COMMUNAUTO, Lyft, Ola, Grab, Go-Jek, DiDi Chuxing, SHARE NOW GmbH, and Others. Additional players include Moovel Group, Smile Mobility, Velocia, mobility Pte. Ltd., Bridj, MOBILLEO, QIXXIT, TRANZER, Zoomcar, Drivezy, Revv, AVIS, ORIX and Others. Major players in the market has been witnessed focusing on partnering with leading OEMs and offer mobility solution for instance Japan's leading leasing company ORIX has partnered with number of OEMs such as Maruti Suzuki to help them offer their vehicle on subscription basis.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

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Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the MaaS Market and leading companies. You will find data, trends and predictions.

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About Visiongain

Visiongain is one of the fastest-growing and most innovative independent market intelligence around; the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10 year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which we find currently, can influence one another. These markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports mean that you can have a bespoke piece of market intelligence customized to your very own business needs.

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