HERE Mobility grows 150% year-on-year

The HERE Mobility Marketplace enables partners to offer their customers a wide array of mobility options on a single platform, including taxis, private hires, scooters, and even public transportation. Partners can provide end-to-end mobility service, helping them enrich the customer experience by tackling concerns like vehicle accessibility and parking.

The MaaS segment has found high relevance in recent years, as consumers are increasingly enamored to look at mobility as a service they can use when needed, rather than owning the means to mobility. If MaaS were to become mainstream, it could potentially remove millions of vehicles from the streets, reducing traffic congestion and increasing utilization rates of vehicles. 

“These factors have combined to account for a shared mobility market projected to grow to $1.5 to $2 trillion by 2030. Sustainable mobility solutions are increasingly critical worldwide as cities are expected to hold 60% of the world’s population by 2030, and total driven miles are predicted to reach an all-time high in 2040,” said HERE Mobility in its statement. 

Itzhak argued that for businesses to create traction in an “oversaturated ecosystem,” it is critical to provide customers with door-to-door mobility experience that public transit systems largely lacked. “In connecting new sectors to our mobility solutions, we are not only helping create sustainable mobility, but enabling businesses to provide a complete experience for their customers,” he said. 

The company plans to expand on its partners in Europe, Latin America the U.S., and potentially in the Asia-Pacific region throughout 2020. “We will continue in our efforts to optimize travel routes and save far more unnecessary driven kilometers worldwide, serving businesses and consumers more sustainable mobility solutions,” said Itzhak.