A new study from Juniper Research found that the revenue generated by the use of MaaS (Mobility-as-a-Service) platforms, which integrate different transport services (including buses, taxis, rail and metro) into a single app, will exceed $52 billion by 2027, up from $405 million in 2020.
The new research, Mobility-as-a-Service: Business Models, Vendor Strategies & Market Forecasts 2020-2027, found that this significant growth will be realized from 2021, as there will be significant reductions in transport usage in 2020 due to the coronavirus pandemic.
The research anticipated that this will restrict the growth of MaaS platforms in 2020, but that MaaS initiatives will rebound quickly in 2021 as cities re-evaluate their transport strategies. It recommends that MaaS platform providers engage with transit authorities now to design pilots for 2021, in order to ensure future growth.
The research noted that while ridesharing giants such as Uber and Lyft are adding transit information to apps, the fact that they are not neutral in the transport market means that this model will fail to engage the necessary transit partners for an effective solution. The research therefore recommended that MaaS vendors focus on licensing platforms as neutral players.
The research also noted that MaaS will save significant time for citizens from 2021, as it will provide much-improved ways to travel in the urban environment, as well as reducing road congestion. By 2027, MaaS will lead to a commuter time saving equal to 2.7 days per MaaS user per year. Quality of life improvements must be a major factor for city authorities in deciding when to pursue MaaS strategies.
Lisa joined DARO Management Services in July of 2018 and specializes in the oversight of asset managed and company owned residential and commercial properties. Current responsibilities include the overall supervision for a portfolio consisting of over 1,000 units. Lisa oversees all staff development, training, personnel management, leasing, rent collection, monthly and quarterly financial variance/statement reports, annual budgets and project management for building repairs and capital improvement projects.
Prior to joining DARO, Lisa was with The Donaldson Group for 4 years and 11 years with Polinger Shannon & Luchs as a Regional Portfolio Manager throughout Maryland and Washington, DC. During that time, Lisa was responsible for all oversight and operations of a mixed-use residential, commercial and retail portfolio located throughout Maryland and Washington, DC.
Lisa is a certified and licensed DC Property Manager and DC Inclusionary Zoning and Affordable Dwelling Unit Program Manager (IZ/ADU), Community Apartment Manager (CAM) and is an active member of the Apartment & Office Building Association (AOBA), The Property Management Association (PMA) and The Maryland Multi-Housing Association (MMHA).