Mobility as a Service Market to Witness Extensive Development Throughout 2021 – 2030
The global Mobility as a Service (MaaS) market size reached USD 3.14 Billion in 2021 and is expected to register a revenue CAGR of 32.8% during the forecast period, according to latest analysis by Emergen Research. Increasing need for decreasing congestion in urban areas and for reducing costs per user are expected to support market revenue growth between 2022 and 2030. In addition, increasing need to reduce pollution to improve air quality is expected to drive revenue growth of the market. Increasing urbanization has resulted in a rapid increase in the number of vehicles on the road, resulting in air pollution, which is a serious issue, and a solution is required to alleviate the problem. MaaS is the best solution to the problem as it will reduce the number of vehicles by integrating the planning, booking, and payment in a range of public as well as private transport. Additionally, MaaS reduces the time and cost spent on regular maintenance of owned vehicles. Furthermore, increas...