Mobility as a Service refers to a transportation model centered around customers. It is alternatively called Transportation as a Service. A MaaS platform can encompass any blend of transportation methods like bicycle and car sharing, plus car and taxi rentals, and it offers journey planning and payment options.
A MaaS platform subscription gives people access to scooters, bikes, cars, or train passes for any length of time they require it. MaaS market is growing, so many consider it as a future transport technology.
Advantages of TaaS
- It Simplifies Route Planning: Live route planning enables planning trips with more than one transportation method, on the basis of intelligence recommendations derived from customer preferences.
- It Makes Payments Simpler: Customers of TaaS are able to settle transportation costs through bank cards and smart devices in advance or following the trip/subscription period-wise.
- It Is Designed To Satisfy Personal Requirements: TaaS is completely personalized, and it builds relations between consumers and transportation service providers. Through big data, constant consumer feedback and two-way interaction, TaaS systems will be the best example of user-centric platforms.
Future Of Personal Transportation
The demand for car sharing services is increasing even today. In four years, car sharing applications are expected to have more than 23 million subscribers. Driverless transport keeps becoming popular, and individuals are seeking more eco-friendly choices. So, many wonder what the transportation future looks like – TaaS is considered the most important factor in that.
As per a Business Wire report, the TaaS market is expected to be valued at around $1.8 trillion by 2030. In a decade, TaaS is expected to revolutionize the way people work and live.
Cities lack room for cars, and the population is only growing, so sharing whatever number of cars we will be able to accommodate is among the best natural solutions. With the assistance of TaaS, individuals are starting to adopt shared mobility so that they can avoid operating, parking and maintaining passenger cars.
Some feel that with TaaS-aided shared mobility in place and thanks to some other factors, the broader concept of privately-owned cars will end. Those other elements include the fact that the advantages of a TaaS system are greater in number than private car ownership. Some see it as an attractive alternative to owning cars, and for good reason.