Mobile Value Added Services (VAS) Market Trends, Drivers, and Restraints: Analysis and Forecast by 2030

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Data Bridge Market Research analyses that the mobile value added services (VAS) market was valued at USD 655 billion in 2021 and is expected to reach the value of USD 1133.85 billion by 2029, at a CAGR of 7.01% during the forecast period of 2022-2029.

Mobile Value Added Services (VAS) Market Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the ABC industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.

Data Bridge Market Research analyses that the mobile value added services (VAS) market was valued at USD 655 billion in 2021 and is expected to reach the value of USD 1133.85 billion by 2029, at a CAGR of 7.01% during the forecast period of 2022-2029.

Some of the major players operating in the Mobile Value Added Services (VAS) Market are:

ATT intellectual property (U.S), Alphabet Inc. (U.S), Amazon.com Inc. (U.S), Apple Inc. (U.S), Baidu Inc. (China), Comverse Technology Inc. (U.S), Thales (Netherlands), Google LLC (U.S), InMobi (India), Kongzhong Corp (China), Comviva (India), Mobily (Saudi Arabia), Vodafone Group Plc (U.K)

Market Segments: -

The mobile value added services (VAS) market is segmented on the basis of solution, industry vertical, store, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Solutions

  • Short Message Service (SMS)
  • Multimedia Messaging Service (MMS)
  • Location-Based Services
  • Mobile Email IM (Instant Messaging)
  • Mobile Money
  • Mobile Advertising
  • Mobile Infotainment
  • Mobile Games
  • Mobile Music
  • Mobile Wallet
  • Mobile Commerce

Industry vertical

  • BFSI
  • Education
  • Government
  • Healthcare
  • Media and Entertainment
  • Retail
  • Telecom IT
  • Others

End user

  • Consumers  
  • Enterprises

Store

  • Google Play
  • App Store (iOS)
  • Others

Opportunity

  • Mobile value-added services are expected to grow significantly in all industrial verticals during the forecast period. The recent COVID 19 pandemic has accelerated the digitization and remote activities of many large and small corporations, encouraging them to provide more options for their employees when it comes to corporate card products. This is expected to create ample of opportunities for value-added features enticing businesses of all sizes to adopt new payment products. Furthermore, the penetration of 5G cloud-based gaming is expected to open up significant market opportunities for mobile value-added services.

Regional incites: -

North America is expected to hold a commanding share of the global mobile value added services market. Increasing smartphone demand, cloud-based solution adoption, and rapid technological adoption are some of the major factors driving the North American mobile value added services market. The region's market is being driven by the emergence and rise of Internet of Things (IoT) applications. Asia-Pacific countries such as India and China are also experiencing rapid growth in the market. Factors such as the significant presence of manufacturers, rapid economic growth, and increased adoption of smartphones, laptops, and other mobile value added services are driving the Asia Pacific mobile value added services market. Manufacturers in the Asia-Pacific mobile value added services market are experiencing profitable growth.

Get the Full report link @ https://www.databridgemarketresearch.com/reports/global-mobile-value-added-services-vas-market

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Mobile Value Added Services (VAS) Market Landscape

Part 04: Mobile Value Added Services (VAS) Market Sizing

Part 05: Mobile Value Added Services (VAS) Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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