Mobility as a Service Market

As per Market Research Future Analysis, the Mobility as a Service Market (MaaS) Market is projected to exceed USD 754.341 Billion by 2032, with a CAGR of 17.4%. MaaS integrates various transportation modes into a single platform via mobile applications, enhancing customer convenience and promoting energy-efficient commuting. The market is driven by urbanization, with over 50% of the global population living in urban areas, expected to rise to 60% by 2025. The COVID-19 pandemic temporarily hindered growth due to reduced public transport usage and health concerns. However, the shift towards technology and eco-friendly solutions presents significant opportunities for growth, particularly in smart city initiatives and electric vehicle adoption.

Daimler AG, BMW, Deutsche Bahn, Lyft Inc, MaaS Global Oy, GrabTaxi Holdings, Beijing Xiaoju Technology, Uber Technologies, Communauto, Moovit Inc, Xerox Corporation, ANI Technologies, Bridj Pty Ltd, JapanTaxi Co. Ltd, Wiwigo.

• Q2 2024: Uber and Waymo expand autonomous ride-hailing partnership in Phoenix Uber announced the expansion of its partnership with Waymo to offer autonomous ride-hailing services in Phoenix, allowing Uber users to book Waymo self-driving vehicles directly through the Uber app.
• Q2 2024: Bolt raises $220M to expand its Mobility-as-a-Service platform across Europe Estonian mobility company Bolt secured $220 million in new funding to accelerate the rollout of its MaaS platform, integrating ride-hailing, e-scooters, and car-sharing services in additional European cities.
• Q2 2024: Siemens Mobility acquires Padam Mobility to strengthen MaaS offering Siemens Mobility completed the acquisition of French startup Padam Mobility, a provider of on-demand and shared mobility solutions, to enhance its Mobility-as-a-Service portfolio for public transit authorities.
• Q3 2024: Lyft launches integrated MaaS app in Los Angeles Lyft introduced a new app in Los Angeles that combines ride-hailing, bike-sharing, scooter rentals, and public transit ticketing, aiming to provide a seamless multimodal mobility experience.
• Q3 2024: Daimler Mobility and Deutsche Bahn sign partnership for urban MaaS pilot Daimler Mobility and Deutsche Bahn announced a strategic partnership to pilot a Mobility-as-a-Service platform in Berlin, integrating car-sharing, public transit, and micro-mobility options for urban commuters.
• Q3 2024: Moovit partners with Visa to enable contactless MaaS payments Moovit, a leading MaaS app, partnered with Visa to launch contactless payment integration, allowing users to pay for multimodal journeys across participating cities using their Visa cards.
• Q4 2024: Uber launches Uber Transit in London, integrating real-time public transport data Uber announced the launch of Uber Transit in London, providing users with real-time public transport information and ticketing options directly within the Uber app.
• Q4 2024: Ola Electric secures $300M in Series E funding to expand MaaS operations Ola Electric raised $300 million in a Series E funding round to scale its electric vehicle fleet and MaaS platform across major Indian cities, focusing on sustainable urban mobility.
• Q1 2025: Grab launches MaaS pilot program in Singapore with government support Grab, in collaboration with Singapore’s Land Transport Authority, launched a pilot Mobility-as-a-Service program integrating taxis, public transit, and bike-sharing into a single app for commuters.
• Q1 2025: Via wins contract to operate on-demand public transit in Madrid Via, a provider of on-demand transit technology, secured a contract with Madrid’s city government to operate a new flexible public transport service as part of the city’s MaaS initiative.
• Q2 2025: Siemens Mobility opens new MaaS R&D center in Munich Siemens Mobility inaugurated a new research and development center in Munich dedicated to advancing Mobility-as-a-Service technologies and digital mobility solutions.
• Q2 2025: Citymapper acquired by Google to bolster urban mobility services Google announced the acquisition of Citymapper, a popular urban mobility app, to enhance its MaaS capabilities and integrate multimodal journey planning into Google Maps.