MaaS as part of urban mobilityUrban infrastructure, social impact, market attractiveness, systems efficiency, and innovation are crucial factors determining urban mobility level of cities. Usually, cities with high urban mobility index tend to offer better living standards for their citizens. As of 2023, Stockholm and Helsinki scored as the leading cities for their urban mobility infrastructure. Ride-sharing, scooter-sharing, e-hailing, bike-sharing, and car-sharing are some of the main services provided by MaaS organizations across the globe. Other MaaS companies provide the online platforms and digital systems facilitating the integration of multiple modes of transport.
Investment in MaaS technologiesMuch of the success of the MaaS industry goes hand in hand with the emergence of accompanying technologies. To ensure further growth potential, the industry organizations invest in research and development of technologies and services that may radically reshape how we travel. Consequently, firms or start-ups within this industry must spend large sums of cash to establish themselves and be at the vanguard of the MaaS industry. Global startup funding for mobility services totaled nearly 122 billion U.S. dollars between 2019 and 2021.
Meanwhile, the market for these services is expected to continue growing. The value pool for micro-mobility services is projected to grow to 28 billion U.S. dollars by 2030, while that for the car-as-a-service market is expected to reach 175 billion U.S. dollars in the same period.
Autonomous vehicle technology is also receiving increasing attention within the MaaS sector and is expected to become the hallmark of ride-sharing services, enabling immense cost-saving for firms. While the technology is not ready to be widely deployed yet, revenue forecasts for the autonomous taxi sector, estimate a market value of nine trillion U.S. dollars for 2030.