Mobility as a Service (MaaS) Market Sets USD 7.92 Bn in 2025 at 32.22% CAGR

Mobility as a Service (MaaS) Market Trends in 2025 Highlight Europe as Revenue Leader and Asia Pacific as Fastest Growing Region

According to forecasts, the global mobility as a service (MaaS) market will grow from USD 5.99 billion in 2024 to USD 97.81 billion by 2034, with an expected CAGR of 32.22%. Europe led the mobility as a service market, while Asia Pacific is set for the fastest growth. Ride-hailing and public transit dominated, with rising trends in micro-mobility, payment engines, B2G models, cross-platform apps, and corporate mobility.

The mobility as a service (MaaS) market is projected to reach USD 97.81 billion by 2034, expanding from USD 7.92 billion in 2025, at an annual growth rate of 32.22% during the forecast period from 2025 to 2034.

The rising popularity of e-mobility services in developed nations coupled with rise in number of car rental providers globally has boosted the market expansion. Additionally, rapid adoption of bike sharing services in developing nations along with numerous government initiatives aimed at promoting public transportation is playing a vital role in shaping the industrial landscape. The integration of AI and data analytics in MaaS platforms is expected to create ample growth opportunities for the market players in the future.

Mobility as a Service (MaaS) Market Growth and Trends 2025

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Introduction

The mobility as a service (MaaS) market is a prominent branch of the automotive industry. This industry deals in providing mobility services around the world. There are numerous types of services delivered by this sector comprising of ride-hailing, car sharing, bike sharing, bus sharing, micro-mobility and some others. These services are operated using various modes of transportation including public transit, private vehicles, micro-mobility, air mobility and some others. The end-users of this sector consist of individuals, enterprises, government/municipalities and others. It finds application in personal mobility, corporate mobility, public sector mobility and some others. This market is expected to rise significantly with the growth of the car rental sector in different parts of the globe.

Highlights of the Mobility as a service (MaaS) market

  • Europe generated highest revenue of the mobility as a service (MaaS) market.
  • Asia Pacific is expected to rise with the highest CAGR during the forecast period.
  • By service type, the ride-hailing segment led the market.
  • By service type, the micro-mobility services segment is expected to rise with the highest CAGR during the forecast period.
  • By solution type, the journey planning solutions segment held the largest share the market.
  • By solution type, the payment engines segment is expected to grow with the highest CAGR during the forecast period.
  • By transportation mode, the public transit segment dominated the market.
  • By transportation mode, the micro-mobility segment is expected to rise with the fastest CAGR during the forecast period.
  • By business model, the B2C segment led the industry.
  • By business model, the B2G segment is expected to grow with the fastest CAGR during the forecast period.
  • By operating system platform, the android segment held the largest share of the market. 
  • By operating system platform, the cross-platform/web-based segment is expected to rise with the highest CAGR during the forecast period.
  • By application, the personal mobility segment dominated the market.
  • By application, the corporate mobility segment is expected to rise with the fastest CAGR during the forecast period.
  • By end user, the individuals segment led the market.
  • By end user, the government/ municipalities segment is expected to rise with the highest CAGR during the forecast period.

The major trends in this market consists of partnerships, joint ventures and popularity of e-mobility services.

Partnerships

  • Numerous automotive companies are partnering with each other to launch new mobility services for the consumers. For instance, in January 2025, Hyundai partnered with TVS. This partnership is done for launching last-mile mobility solutions for the consumers of India.

Joint Ventures

Popularity of E-Mobility Services

Service Type Insights

How did the Ride-hailing Segment Led the Mobility as a Service (MaaS) Market in 2025?

The ride-hailing segment dominated the market. The popularity of ride-hailing services has increased rapidly due to the growing use of smartphones, thereby driving the market expansion. Additionally, rapid investment by fleet operators to deploy electric vehicles for operating ride-hailing services coupled with rise in number of car rental startups is playing a vital role in shaping the industrial landscape. Moreover, the availability of ride-hailing apps in Play Store and Apps Store is expected to boost the growth of the mobility as a service (MaaS) market.

The micro-mobility services segment is expected to expand with the highest CAGR during the forecast period. The rising adoption of e-bicycles and electric mopeds by urban dwellers to reduce vehicular emission has driven the market growth. Additionally, rapid deployment of electric bikes by fleet operators in congested areas coupled with increasing popularity of e-scooter sharing services is playing a crucial role in shaping the industry in a positive manner. Moreover, numerous advantages of micro-mobility services including low emission, reduced traffic congestion, improve air quality, increased accessibility and some others is expected to foster the growth of the mobility as a service (MaaS) market.

Solution Type Insights

What Made the Journey Planning Solutions to be the Most Dominant Segment of the Mobility as a service (MaaS) Market in 2025?

The journey planning solutions segment led the market. The demand for journey planning solutions has grown rapidly as it allows users to find the most efficient way for traveling between two or more locations, thereby driving the market expansion. Additionally, the popularity of several journey planning solutions such as Citymapper, Rome2rio, Google Maps and some others is also contributing to the industry in a positive manner. Moreover, the increasing consumer interest to visit isolated areas coupled with advancements in satellite navigation services is expected to foster the growth of the mobility as a service (MaaS) market.

The payment engines segment is expected to grow with the fastest CAGR during the forecast period. The increased demand for highly secured payment engines to lower the risk of fraudulent activities has boosted the market growth. Additionally, the rapid adoption of blockchain-enabled payment engines by ride-sharing companies for providing additional security to passengers is further adding to the industry in a positive manner. Moreover, the integration of biometric authentication technology in advanced payment engines is expected to drive the growth of the mobility as a service (MaaS) market.

Transportation Mode Insights

What Made the Public Transit Segment to Lead the Mobility as a Service (MaaS) Market in 2025?

The public transit segment held the largest share of the market. The growing investment by government of several countries such as Germany, UK, Canada, the U.S. and some others for developing the public transport infrastructure has boosted the market expansion. Also, the deployment of electric buses and hybrid trains to lower vehicular emission is contributing to the industry in a positive manner. Moreover, numerous advantages of public transit including reduced air pollution, lower carbon footprint, reduced noise pollution, reduced congestion and some others is expected to boost the growth of the mobility as a service (MaaS) market.

The micro-mobility segment is expected to grow with the fastest CAGR during the forecast period. The increasing use of e-scooters in urban areas to mitigate traffic congestion has boosted the market growth. Additionally, rapid investment by EV startups to develop e-bikes and electric velomobiles for enhancing the traveling experience is contributing to the industry in a positive way. Moreover, the rise in number of bike sharing platforms in different parts of the world is expected to propel the growth of the mobility as a service (MaaS) market.

Business Model Insights

Why did the B2C (Business to Consumer) Segment Held the Largest Share of the Mobility as a Service (MaaS) Market in 2025?

The B2C (business to consumer) segment dominated the industry. The increasing focus of ride-sharing companies for delivering affordable transportation solutions to consumers has driven the market expansion. Also, rapid investment by mobility service providers to deploy different range of vehicles to allow consumers for selecting cars according to their budget is accelerating the industry in a positive direction. Moreover, the growing consumer preference to adopt e-ride hailing services with an at reducing vehicular emission is expected to boost the growth of the mobility as a service (MaaS) market.

The B2G (business to government) segment is expected to expand with the highest CAGR during the forecast period. The rising emphasis of government for deploying eco-friendly vehicles in public transit to reduce C02 emission has driven the market growth. Additionally, rapid investment by government for purchasing high-quality buses and passenger trains to enhance public traveling is playing a vital role in shaping the industrial landscape. Moreover, partnerships among government entities and fleet operators to launch affordable mobility services is expected to proliferate the growth of the mobility as a service (MaaS) market.

Operating System Platform Insights

Why did the Android Segment Held the Largest Share of the Mobility as a Service (MaaS) Market in 2025?

The android segment dominated the market. The growing popularity of android smartphones in developing nations has boosted the market expansion. Also, the availability of MaaS platforms in Google Play Store has enabled people to download these applications for booking cars and bikes online, thereby contributing to the industrial growth. Moreover, rapid investment by software companies to develop MaaS software for android devices is expected to boost the growth of the mobility as a service (MaaS) market.

The cross-platform/web-based segment is expected to rise with the highest CAGR during the forecast period. The increasing use of computers and laptops for booking bus and train tickets has boosted the market expansion. Also, the rising preference of consumers to book rental vehicles through online platforms is playing a vital role in shaping the industry in a positive direction. Additionally, the growing demand for web-based platforms due to its simplicity and versatility is expected to foster the growth of the mobility as a service (MaaS) market.

Application Insights

Why did the Personal Mobility Segment Held the Largest Share of the Mobility as a Service (MaaS) Market in 2025?

The personal mobility segment held the largest share of the market. The growing adoption of electric bikes and e-scooters for daily commute activities has boosted the market expansion. Additionally, numerous government initiatives aimed at providing incentives for purchasing electric vehicles coupled with rising popularity of self-driving cars is playing a vital role in shaping the industrial landscape. Moreover, the increasing demand for affordable passenger cars from developing nations is expected to foster the growth of the mobility as a service (MaaS) market.

The corporate mobility segment is expected to grow with the highest CAGR during the forecast period. The increasing emphasis of business organizations to manage the movement of employees has boosted the market expansion. Additionally, rapid adoption of electric vehicles by large corporate firms for reducing vehicular emission is contributing to the industry in a positive manner. Moreover, partnerships among fleet operators and business organizations is expected to drive the growth of the mobility as a service (MaaS) market.

End User Insights

Why did the Individuals Segment Held the Largest Share of the Mobility as a Service (MaaS) Market in 2025?

The individuals segment dominated the market. The growing demand for bike sharing services from individual consumers for daily commutes has boosted the market expansion. Also, rising consumer awareness to adopt eco-friendly transportation solutions along with increase in number office-goers is contributing to the industry in a positive manner. Additionally, rapid investment by ride-sharing companies for launching individual-based car rental services is expected to propel the growth of the mobility as a service (MaaS) market.

The government/ municipalities segment is expected to expand with the highest CAGR during the forecast period. The increasing adoption of electric vehicles for operating government duties has boosted the market growth. Additionally, rapid investment by government for developing the public transport infrastructure coupled with numerous partnerships among rental companies and municipalities is playing a vital role in shaping the industrial landscape. Moreover, the growing emphasis of government for developing the railway sector is expected to foster the growth of the mobility as a service (MaaS) market.

Geographical Insights

Why Europe Dominated the Mobility as a Service (MaaS) Market in 2025?

Europe held the largest share of the mobility as a service (MaaS) market. The growing sales of e-scooters in several countries such as Germany, UK, France, Italy and some others has boosted the market expansion. Additionally, numerous government initiatives aimed at strengthening the public transport infrastructure coupled with increasing popularity of ride-hailing apps is playing a vital role in shaping the industrial landscape. Moreover, the presence of numerous market players such as Bolt Technology, Splyt Technologies, Transdev Group and some others is expected to drive the growth of the mobility as a service (MaaS) market in this region.

  • In June 2025, Bolt launched a new range of e-bikes in London. With this launch, Bolt became the first platform in the UK to offer both ride-hailing and e-bikes operated by a single company and accessible through the same mobile application.

Germany and UK are the prominent contributors in this region. In Germany, the growing sales of e-bikes coupled with rapid investment by governmental organizations to enhance public transportation has boosted the market expansion. In UK, the increase popularity of micro-mobility services along with rise in number of EV startup companies is playing a vital role in shaping the industrial landscape.

Asia Pacific is expected to expand with the highest CAGR during the forecast period. The increasing popularity of e-hailing services in various countries such as India, China, Japan, South Korea and some others has boosted the market growth. Additionally, rapid deployment of electric vehicles by fleet operators coupled with growing consumer preference to adopt high-speed railways to travel long-distances is contributing to the industry in a positive manner. Moreover, the presence of various market players such as Didi Chuxing, Gojek, Ola and some others is expected to boost the growth of the mobility as a service (MaaS) market in this region.

  • In June 2025, Gojek partnered with Green SM. This partnership is done for launching an electric taxi service in Indonesia.

China dominated the market in this region. In China, the growing popularity of autonomous cars coupled with technological advancements in the automotive sector has boosted the market expansion. Additionally, the rising sales of e-scooters as well as rapid adoption of e-mobility services is playing a vital role in shaping the industrial landscape.

Industry Leader Announcement

  • In April 2025, Siddharth Chandra, the Founder & CEO of GoWheelo made an announcement stating that, “India is on the move, and GoWheelo is moving with it, from daily commutes to weekend getaways, our platform now caters to every mobility need-be it two wheels or four. Our goal remains unchanged: to offer smart, sustainable, and accessible travel options for all."

Competitive Landscape

The mobility as a service market is a rapidly developing industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Transdev Group, Free Now (Daimler & BMW), Grab Holdings, Didi Chuxing, Citymapper, Uber Technologies Inc., Lyft Inc., Moovit (Intel), BlaBlaCar, MaaS Global (Whim), Lime, Zipcar (Avis Budget Group), Gojek, Bolt Technology, Via Transportation, Bird Rides Inc. and some others. These companies are constantly engaged in providing mobility services and adopting numerous strategies such as partnerships, business expansions, acquisitions, collaborations, launches, expansions, joint ventures and some others to maintain their dominance in this industry.

Lyft Revenue in USD Thousand (2022-24)

  • According to the annual report of Lyft, the revenue of the company in 2022 was around US$ 4095135 thousand that increased to US$ 5786016 thousand in 2024.

Recent Developments

  • In July 2025, Grab partnered with Autonomous A2Z. This partnership is done for launching an autonomous e-bus pilot service in Singapore.
  • In July 2025, Waymo launched an autonomous ride-hailing service. This service is designed for the consumers of Dallas, U.S.
  • In July 2025, Baidu Apollo partnered with CAR Inc. This partnership is done launching a self-driving car rental service in China.

Top Mobility as a Service (MaaS) Market Players

Mobility as a Service Market Top Key Players

Mobility as a Service (MaaS) Market Segments Covered in the Report

By Service Type

  • Ride-Hailing Services
  • Car Sharing
  • Bike Sharing
  • Bus Sharing
  • Train Services
  • Self-Driving Car Services
  • Micro-Mobility Services

By Solution Type

  • Payment Engines
  • Navigation Solutions
  • Ticketing Solutions
  • Journey Planning Solutions
  • Insurance Services
  • Telematics and Connectivity Solutions

By Transportation Mode

  • Public Transit
  • Private Vehicles
  • Micro-Mobility
  • Air Mobility

By Business Model

  • B2C (Business to Consumer)
  • B2B (Business to Business)
  • B2G (Business to Government)

By End-User

  • Individuals
  • Enterprises
  • Government/ Municipalities

By Operating System Platform

  • Android
  • iOS
  • Cross-Platform/Web-based

By Application

  • Personal Mobility
  • Corporate Mobility
  • Public Sector Mobility

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
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  • Insight Code: 1788
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Last Updated: 08 August 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Ajit Bansod is a skilled and research-driven analyst at Towards Automotive, with over 3 years of experience specializing in the intersection of automotive innovation and intelligent communication technologies.

Learn more about Ajit Bansod

Aditi Shivarkar, with 14+ years of experience in automotive market research, specializes in tracking trends across vehicle technologies, mobility solutions, and materials innovation. She delivers accurate, actionable insights that drive excellence in the automotive sector—fueling strategies around electrification, sustainability, and advanced manufacturing.

Learn more about Aditi Shivarkar
FAQ's

The MaaS market is expected to grow from USD 7.92 billion in 2025 to USD 97.81 billion by 2034, at a CAGR of 32.22%. Key drivers include the rapid uptake of e-mobility services, expansion of bike and car-sharing platforms, and government support for sustainable urban mobility. Digital transformation and consumer demand for flexible, eco-friendly transport solutions are reinforcing this upward trajectory.

Asia Pacific is expected to register the highest CAGR due to rising demand in India, China, and Southeast Asia, driven by urbanization and the popularity of electric two- and three-wheelers. Europe currently leads in revenue, supported by strong public transport infrastructure and strict carbon regulations encouraging MaaS adoption.

Ride-hailing services currently dominate, bolstered by app accessibility and urban demand. However, micro-mobility services (e-scooters, e-bikes) are expected to grow the fastest, particularly in congested urban areas. Their advantages low emissions, cost-effectiveness, and convenience align well with sustainability goals and consumer preferences.

Integration of AI, blockchain-enabled payment systems, biometric authentication, and autonomous vehicles is reshaping the landscape. Companies are leveraging AI for real-time journey planning, while autonomous mobility services and EV-based fleet management are at the forefront of innovation partnerships.

Major players like Uber, Lyft, Grab, Didi Chuxing, and Bolt are expanding via partnerships, joint ventures, and pilot programs in EVs and autonomous tech. Additionally, new players like GoWheelo and Gojek are gaining traction in emerging markets. The market remains highly competitive, with innovation and scalability as key differentiators.

Investors should target segments like micro-mobility, payment engine solutions, and web-based MaaS platforms. B2G partnerships and autonomous vehicle services also show promise, especially in regions with active government involvement in sustainable urban transport projects.

Regulatory support is a strong growth catalyst. Governments are investing in public transit infrastructure, offering incentives for EV adoption, and enforcing low-emission zones, all of which promote MaaS integration. Partnerships between public entities and MaaS providers (e.g., Gojek with Green SM in Indonesia) are further accelerating adoption.

Android dominates due to its prevalence in emerging markets and accessibility through the Google Play Store. However, cross-platform and web-based solutions are growing rapidly, especially among enterprise users and in regions where users prefer to book via desktops or laptops.

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