IMARC Group has recently released a new research study titled “South Korea Mobility as a Service Market Size, Share, Trends and Forecast by Service Type, Transportation Type, Application Platform, Propulsion Type, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Mobility as a Service Market Overview

The South Korea mobility as a service market size reached USD 137.22 Million in 2024 and is expected to grow to USD 1,080.46 Million by 2033. Exhibiting a CAGR of 25.77% during the forecast period of 2025-2033, the market is driven by urban commuters seeking integrated, on-demand, and eco-friendly transport solutions. The rise of multimodal platforms combining ride-hailing, public transit, and bike-sharing with digital payments is enhancing convenience and reducing reliance on private vehicles. Advancements in mobile technology and smart infrastructure are further accelerating adoption in South Korea's MaaS market.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Mobility as a Service Market Key Takeaways

• Current Market Size: USD 137.22 Million (2024)
• CAGR: 25.77%
• Forecast Period: 2025-2033
• Integrated travel platforms such as Korail MaaS saw usage surge to over 5.78 million within six months of launch in June 2024.
• Personalized mobility services powered by AI, exemplified by Tmap Mobility’s AI-enhanced navigation app launched in September 2023.
• The market includes diverse service types: ride-hailing, ridesharing, car-sharing, and bus/shuttle services.
• Both private and public transportation types contribute to the market dynamics.
• Application platforms cover Android, iOS, and others, reflecting broad digital adoption.
• Propulsion types encompass electric vehicles, internal combustion engines, and others.

Sample Request Link: https://www.imarcgroup.com/south-korea-mobility-as-a-service-market/requestsample

Market Growth Factors

The South Korea mobility as a service market is experiencing strong growth driven by increasing urban commuter preference for integrated, on-demand, and eco-friendly transport solutions. The convergence of diverse modes such as ride-hailing, public transit, bike-sharing, and digital payment systems into single platforms significantly boosts user convenience while reducing private vehicle dependence. This integration not only enhances commuter experience but also supports sustainability initiatives in urban mobility.

Advanced mobile technologies and smart infrastructure are key enablers of market expansion. Real-time tracking, route optimization, and digital payments facilitate seamless travel experiences. For example, Korail MaaS, launched in June 2024, achieved over 5.78 million uses within six months, providing real-time train tracking, parking prepayments, and airport bus reservations which improve accessibility and travel efficiency. These technological advancements foster adoption among tech-savvy and environmentally conscious consumers.

Furthermore, the demand for personalized mobility services is catalyzing innovation within the MaaS sector. Sophisticated algorithms and user insights allow platforms like Tmap Mobility’s AI-enhanced navigation app (launched September 2023) to customize travel routes, departure times, and modes of transit tailored to individual preferences and real-time conditions. This personalization promotes sustained usage by aligning services with user lifestyles, thereby accelerating market growth as urban areas become increasingly interconnected and travelers seek more efficient mobility solutions.

Market Segmentation

• Service Type:
• Ride-Hailing
• Ridesharing
• Car-Sharing
• Bus/Shuttle Service
• Others

• Transportation Type:
• Private
• Public

• Application Platform:
• Android
• iOS
• Others

• Propulsion Type:
• Electric Vehicle
• Internal Combustion Engine
• Others

Regional Insights

The Seoul Capital Area is identified as a dominant region in the South Korea MaaS market. The report details regional segmentation into Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and others. Specific statistics such as exact market share or regional CAGR are not provided in the source. The concentration of urban population and infrastructure in Seoul Capital Area supports higher adoption and market growth.

Recent Developments & News

• July 2025: GS Engineering & Construction partnered with UI Group to develop vertiports and integrate eVTOL aircraft into South Korea's Urban Air Mobility sector, aiming to boost economic growth and transform urban transportation.
• June 2025: Seoul's Dongjak District announced the launch of a free self-driving shuttle bus service connecting Soongsil University and Chung-Ang University on weekdays, with plans for expansion.
• May 2025: Diriyah Company partnered with Kakao Mobility focusing on smart parking technologies and digital platforms to attract over 50 million visitors annually by 2030 and enhance transportation efficiency.

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