The global mobility-as-a-service market size is expected to reach $4,013-trillion by 2033, growing at a CAGR of 40,1% from 2025 to 2033, according to a new report by Grand View Research.
The escalation in demand for on-demand transportation services signifies a shift in consumer preferences for immediate access to transportation services.
With individuals placing greater emphasis on hassle-free travel experiences catering to their specific schedules, the adoption of mobility as a service is experiencing significant growth due to its capability to integrate a range of transportation modes seamlessly.
The growing trend in mobile device adoption is a significant factor driving the growth of the MaaS market. With the high prevalence of mobile usage, which is pivotal in accessing and engaging with mobility as a service platform, users can effortlessly plan, book, and manage their transportation requirements. Intuitive mobility as a service application enhances accessibility and convenience in transportation services by satisfying the needs of various users through a single platform.
Moreover, the rapid economic expansion in emerging economies presents a favorable landscape for the growth of the MaaS market. As urbanisation and rising disposable incomes rise, the demand for efficient, convenient, and sustainable transportation solutions grows.
Mobility as a service emerges as a new concept in developing economies that addresses evolving mobility needs, offers integrated transportation services, and caters to previously unfulfilled demand due to a lack of infrastructure.
With the pandemic outbreak, there was a notable decrease in overall travel demand as individuals were confined to their homes, leading to a reduction in the utilisation of mobility as a service. Additionally, the closure of businesses, entertainment venues, and educational institutions led to a decrease in the need for daily commuting, impacting the frequency of mobility as a service usage.
While the initial stages of the pandemic resulted in challenges for the MaaS market, the industry is poised for a gradual recovery.
Highlights from the mobility-as-a-service market report include:
- The application technology solutions segment dominated the market in 2024 and accounted for more than 23,2% of the global revenue share. This growth is primarily due to mobility as a service application encompassing a range of technology solutions designed to facilitate seamless integration of transportation modes and services.
- The ride-hailing services segment accounted for the largest share in 2024. Ride-hailing services help cater to the rising demand for transportation services, providing users with an option for last-mile connectivity.
- The public transportation segment accounted for the largest share in 2024. Mobility as a service presents substantial advantages for public transportation.
- The Internal Combustion Engine (ICE) vehicle segment accounted for the largest share in 2024. With varying demand for transportation services, ICE vehicles might be used to meet fluctuations in demand when electric vehicles are limited.
- The on-demand segment accounted for the largest share in 2024. The increasing adoption of on-demand mobility as a service is driven by its capacity to meet city residents’ convenience, flexibility, and immediate transportation access needs.
- The Android segment accounted for the largest share in 2024. Android users’ rising adoption of mobility as a service is propelled by its ease of use and smooth integration with the Android platform.
- The Business-to-Consumer (B2C) segment accounted for the largest share in 2024. Business-to-consumer (B2C) mobility as a service refers to providing comprehensive transportation solutions directly to individual consumers by service providers.
- The automotive segment accounted for the largest share in 2024. Automakers are recognizing the evolving preferences of consumers who value access over ownership and seek integrated transportation experiences.