India Mobility as a Service Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 27.30% (2024-2032)

The India mobility as a service market is rapidly growing, driven by urbanization, digitalization, and increasing demand for efficient transportation solutions. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 27.30% from 2024 to 2032.

India Mobility as a Service Market Trends and Drivers:

The growth of the Mobility as a Service (MaaS) market in India is driven by several key factors: increasing urbanization, the demand for efficient transportation solutions, and the widespread adoption of smartphones and mobile applications. As cities become more congested and pollution levels rise, there is a pressing need for sustainable and convenient transportation options that minimize reliance on private vehicles.

MaaS platforms are addressing these challenges by integrating various modes of transport—such as buses, metros, ride-sharing, and bike rentals—into a single, user-friendly application. This approach provides seamless, on-demand mobility solutions. Additionally, the push for smart cities and digitalization by government authorities further accelerates the adoption of MaaS, aligning with broader goals of creating more efficient, connected, and sustainable urban environments.

A significant trend in the Indian MaaS market is the growing collaboration between public and private sectors to enhance mobility services. Public transportation operators are increasingly partnering with technology firms and ride-sharing platforms to deliver integrated services that improve accessibility and convenience for users.

Moreover, the rise of electric vehicles (EVs) and government initiatives promoting green mobility are shaping the MaaS landscape, with many platforms incorporating EVs into their fleets to provide eco-friendly transportation options. Data-driven insights and artificial intelligence are also crucial in optimizing routes, reducing travel times, and enhancing the overall user experience. As the demand for innovative and sustainable mobility solutions continues to rise, the India Mobility as a Service market is expected to grow significantly in the coming years.

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India Mobility as a Service Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Service:

• Ride-Hailing
• Ride-Sharing
• Car-Sharing
• Bus/Shuttle Service
• Others

Breakup by Transportation:

• Private
• Public

Breakup by Application Platform:

• Android
• iOS
• Others

Breakup by Propulsion Type:

• Electric Vehicle
• Internal Combustion Engine
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21424&flag=C

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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