Description
The Automotive Washing system market size was valued at USD 3.12 Billion in 2020 and is projected to reach USD 22.32 Billion by 2027, growing at a CAGR of 32.56% during the forecast period, 2020-2027.
The convergence and growth of the transportation and communication industries drive market growth. Other significant reasons boosting mobility as a Service (MaaS) market growth include rapid urbanization, smart city efforts, enhanced 4G/5G infrastructure penetration of smartphones, an overall increase in demand for mobility services, and the desire to minimize CO2 emissions.
Mobility as a Service (MaaS) is a form of service that provides consumers with a single digital channel via which they may plan, book, and pay for various mobility services. The MaaS concept is spreading due to a growing emphasis on adopting a user-centric approach to mobility services as an integrated system.
