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Global Mobility as a Service Market 2018 - 10 Year Forecast to 2028 - Market to Reach $1.75 TrillionDUBLIN, Oct 10, 2018 /PRNewswire/ -- The "Global Mobility as a Service Market: Focus on Business Models, Supply Chain, Electric Vehicle, Autonomous Vehicles, and Bikes - Analysis and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering. The value estimated for MaaS market is expected to be $1,759.82 billion by 2028, growing at a CAGR of 49.55% during 2018-2028. The report offers insight on how Mobility as a Service (MaaS) can transform the future of transportation infrastructure design during 2018-2028. MaaS collaborates all the elements of the transportation ecosystem into one platform to present transportation as a service. The foremost factor for the sky-high rise in the demand of this service is the assurance of on-demand ride availability. It caters to a huge customer base by gaining on the point of providing a convenient commute by assimilating the service requirements, modes, and planning requirements. Additionally, a large amount of data collection, gathered through its service platform enables development of customer target solutions. Further, the advancement of technology has favored in the advancement of this industry. The penetration of smartphones in the lives of people has increased the accessibility of this service. Mobility as a Service industry requires a well-integrated system of service providers, service integrators, and end users. This integration is categorized into four sub heads- platform providers, transport system, products and services, and customers. MaaS is the futuristic form of modern transportation service. The global MaaS ecosystem is a complex network of collaborators, strategists, and technologists. A leading factor of this service is on-demand assured ride with associated value-added features. It also gives the consumers a wide range of choices: types of commute, types of pricing, duration of service, choice of driver, and real-time journey optimization, among others. A local taxi service provider is at the grass root level in the mobility service supply chain. Service providers can easily integrate multi-modal options such as sharing of ride, car or bike, and leasing of taxi or car for a time-span. A MaaS platform integrates activities such as journey planning, booking car/ride, journey tracking, payment, and service feedback. At its core, mobility as a service combines service solution and manufacturing into an end-to-end service package. It collects various types of service requirements, modes, and planning requirements into an efficiently integrated platform to develop commuter interest in sing a convenient service. It can cater to a vast customer base, irrespective of the age, gender, or demography of these customers. MaaS operator collects commuter data in the form of journey, locations, and time spent, among others. This data can be optimized by data analytics to draw important service insights. As one of the most valuable assets in the ecosystem, data enable customer-centric solution development. MaaS can impact travel behavior of a commuter without directly disrupting the day-to-day activities of the commuters. It can help a policy maker to drive travel habits into commuters as per the resource availability. MaaS industry is majorly a private sector which focus on disrupting the conventional vehicle ownership model. This has forced the automotive original equipment manufacturer (OEM) to develop their inhouse mobility solution to be competitive in the market. Key Topics Covered: Executive Summary 1 Market Introduction
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