World Governments Adopt Mobility Solutions

A number of governments, the world over have started investing heavily in the expansion of mass transit as well as encouraging the growth of shared mobility solutions such as; bike sharing, car-sharing, even e-hailing.

The new mobility solutions are expected to serve as substitutes to private car usage, as well as serve as last mile mobility solutions encouraging further use of public transit.

Frost & Sullivan expects that the total mobility solutions market opportunity could grow from 1 trillion dollars in 2017 to over 2 trillion by 2025.

Global Shared Mobility Market Size

Over the last decade, car sharing has gained a very small but growing part of the mobility market. The more recent rise of companies such as: Uber and Lyft is witness to a more dramatic shift in mobility and car ownership.

According to Bloomberg report, which shows the top Companies in the Global Mobility as a Service (MaaS) Market: Kako Taxi, Gett, Uber, Yandex Taxi, Mytaxi（Hailo, BlaBla Car, 99Taxis, Careem, Lyft, Flywheel, Ingogo, Ola Cabs, Lecab, Didi, Easy Taxi, Meru, Via, Addison Lee, Gocatch and Grab Taxi.

Currently, Uber is dominating North America, over 80% market share in the end 2016; and other players like Lyft is developing rapidly these days, when Uber is in trouble. In July 2017, Lyft may occupy for 20% share in Untied States.

Europe also developed rapidly, several players are dominating the Europe market, like Yandex is domimating Russia, Uber and Gett are dominating UK market, BlaBlaCar is dominating France market, Mytaxi is dominating Germany market. In future, the European local players will keep the leading position.

By 2035, new mobility tech will drive 40% of auto industry profits

Lyft is running a pilot in Chicago where they offer access to $550 worth of travel across multiple modes of transport - $300 in Lyft shared ride credit, $45 for a Divvy bike-share pass, $100 in Zipcar credit, and $105 for “L” train and bus service.

While these solutions are primarily focused on retail customers, they are starting to tap into the corporate market. One of the most mature MaaS solutions is a service launched by the Dutch operator ''NS''.

The NS business card targets corporate customers and commuters and offers seamless to multi modal transport with the convenience of integrated online billing system that allows fleet managers and consumers to distinguish between personal and business travel.