Skip to main content

Mobility‑as‑a‑Service Savings will Reach $10.8 Billion

Mobility as a Service (MaaS) is a rapidly growing transportation offering where people are able to plan, book, and pay for a variety of service types, through a joint digital commerce channel.

It is a shift away from expensive personally owned modes of transportation, such as automobiles, towards a low-cost subscription or pay-as-you-go services.

It is achieved through the combination of public transport -- such as trains and buses -- as well as private transport, and micro-mobility, including bikes and scooters, to get users from one destination to another.

Mobility as a Service Market Development

Mobility as a Service users are able to pay for the service provided either on a monthly basis or pay per trip.

According to the latest worldwide market study by Juniper Research, Mobility as a Service will generate fuel cost savings of $10.8 billion by 2027 globally -- that's increasing from $2.8 billion in 2022, a growth of 282 percent.

Juniper Research anticipates these savings will be achieved by the service's ability to reduce congestion by displacing private vehicle usage with public transport over new MaaS platforms.

MaaS platforms provide consumer urban transit solutions -- such as ride-hailing, bus, and metro trains, integrated into a single digital commerce app.

The research findings uncovered that more consumers will likely turn to MaaS solutions, as fuel costs increase globally. The cost of gasoline has become increasingly volatile as producers manipulate supply.


The latest Juniper survey found that 41 percent of respondents ranked the cost of transport as being the most important factor when it comes to selecting a method of transportation.

MaaS growth is due to the perception of being a less-expensive travel alternative. MaaS adoption is also due to the convenience it provides by offering transportation with planning, purchasing, and ticketing combined in a single software app.

Furthermore, Juniper analysts predict that CO2 reduction from private car journeys displaced is also fuelling the growth of MaaS applications.

"MaaS has the ability to improve corporate social responsibility, as a result, MaaS vendors must appeal to companies by demonstrating how MaaS can significantly reduce their carbon emissions from travel," said Cara Malone, research analyst at Juniper Research.

Outlook for Micro-Mobility App Usage Growth

The distance traveled via micro-mobility options -- described as a form of transportation using lightweight vehicles such as bicycles and scooters -- is set to grow 780 percent globally between 2022 and 2027.

Micro-mobility enables service users to traverse through highly congested cities for the first and last mile of their journey. The growth will be driven by the increased deployment of micro-mobility infrastructure, including docking stations, bicycles, and scooters.

That said, across the globe, many smartphone users already have one or more micro-mobility apps on their mobile devices. Moreover, micro-mobility service saturation became a significant issue in some urban markets, and local government leaders responded with increased regulation. Regardless, the outlook for new growth in this space is promising.

Popular posts from this blog

Digital Transformation Investment at $3.4 Trillion

Business technology leadership matters. Across the globe, more leaders have been pursuing bold Digital Transformation (DX) initiatives with the goal of creating new sources of business value through digital products, services, and experiences. As an additional benefit, the COVID-19 pandemic revealed that digital transformation efforts improve an organization's resilience against global market disruptions. Global DX investment is forecast to reach $3.4 trillion in 2026 with a five-year compound annual growth rate (CAGR) of 16.3 percent, according to the latest worldwide market study by International Data Corporation (IDC). Digital Transformation Market Development "Despite strong headwinds from global supply chain constraints, soaring inflation, political uncertainty, and an impending recession, investment in digital transformation is expected to remain robust," said Craig Simpson, senior research manager at IDC . The benefits of investing in DX technology -- including aut

Artificial Intelligence for National Border Security

National border protection agencies are under pressure to provide the highest level of security in the face of growing threats, such as increasing illegal migration and international terrorism. Now, government agencies are embracing advanced border security technologies to aid in effectively and reliably securing national borders. These solutions look to detect and identify potential threats and prevent them from escalating to a point that may jeopardize security. Security Surveillance Market Development Traditional border security patrols and Closed-circuit Television (CCTV) surveillance systems aren't adequate protection, and agencies must increasingly deploy new solutions to stay ahead of criminals and other potential threats to ensure the safety of a country’s borders. According to the latest market study by Juniper Research, the value of the border security technology market will exceed $70 billion globally in 2027 -- that's rising from $48 billion in 2022. Growing by 47 p

How to Apply Sustainability to Drive Value Creation

Global climate change policy initiatives have been an emerging topic for CEOs and their leadership teams, as they look to the future. Many organizations are preparing to play their part and help reduce carbon emissions. Eighty-seven percent of business leaders expect to increase their organization’s investment in sustainability over the next two years, according to the latest worldwide market study by Gartner. Customers are the stakeholder group creating pressure for these organizations to invest or act on sustainability issues -- selected by 80 percent of executives, followed by investors (60 percent) and regulators (55 percent). Sustainability Market Development "Sustainability enables businesses to cope with disruption," said Kristin Moyer, VP analyst at Gartner . "Economic uncertainty, geopolitical conflict and escalating materials and energy costs are forcing businesses to reexamine all forms of expenditure." According to Gartner, this focus on essentialism --