Daimler subsidiary and Mobility-as-a-Service company, moovel Group products are used by five million people, the company announced recently.
The term Mobility-as-a-Service (MaaS) refers to the bundling of various types of public transportation, such as buses, subway, car sharing, bike sharing, and taxis, to form a multimodal transportation solution. Customers book and pay for services using an integrated account accessed via one app.
moovel users can book and pay for public transportation tickets, as well as other mobility options such as car sharing and rental bikes via an app. For example, users in Stuttgart have been able to book and pay for rides by bus and subway, car2go, mytaxi, and Deutsche Bahn directly via the moovel mobility app since 2015. The company also offers apps for Hamburg, Karlsruhe, and Aschaffenburg.
Group CEO Daniela Gerd tom Markotten, commenting on reaching the five-million mark said: “We are, of course, pleased that five million people are excited about our moovel products. As a Mobility-as-a-Service pioneer, we will continue to work to simplify mobility in cities and improve people’s quality of life.”
A study published in July 2018 by The Insight Partners indicates that the global MaaS market has strong growth prospects. According to the study, the market will see annual growth of 33.9 percent between 2018 and 2025. The research company anticipates a market volume of USD 358.35 billion in 2025.