MaaS Ride-Hailing to ‘Displace’ 2.2B Car Trips By 2025: Juniper
Public-private partnerships will help drive mobility-as-a-service ride-hailing deployments to “displace” more than 2.2 billion “private car journeys” globally by 2025, from 471 million trips displaced this year, reported Juniper Research Monday. “As the pandemic wanes, MaaS solution providers should view…
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the increasing demand for travel as an opportunity to disrupt established transport provision ecosystems by demonstrating the cost-effectiveness and efficiencies of their platforms.” It cautioned that the need for vendors to rely on high penetration of mobile devices and internet connectivity to fully exploit MaaS offerings “will limit adoption to developed regions.” Juniper forecasts that more than 70% of the displaced private car journeys will occur in Europe and the Far East by 2025.