Global Mobile Value-Added Services (VAS) Market Growth (Status and Outlook) 2023-2029
Mobile value added services (MVAS) are defined as mobile services that are offered by mobile service providers apart from the voice communication services.
LPI (LP Information)' newest research report, the “Mobile Value-Added Services (VAS) Industry Forecast” looks at past sales and reviews total world Mobile Value-Added Services (VAS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Mobile Value-Added Services (VAS) sales for 2023 through 2029. With Mobile Value-Added Services (VAS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mobile Value-Added Services (VAS) industry.
This Insight Report provides a comprehensive analysis of the global Mobile Value-Added Services (VAS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mobile Value-Added Services (VAS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mobile Value-Added Services (VAS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mobile Value-Added Services (VAS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mobile Value-Added Services (VAS).
The global Mobile Value-Added Services (VAS) market size is projected to grow from US$ 605950 million in 2022 to US$ 1345860 million in 2029; it is expected to grow at a CAGR of 12.1% from 2023 to 2029.
The quick innovations in technology have led to the evolution of MVAS beyond the voice communication services. It helps mobile service providers to create and sustain new revenue streams and drive ARPU. Rising mobile phones, network penetration, and increased return on marketing spend are some of the factors driving the mobile value added services market. Social media offer new opportunities for the vendors. Whereas, privacy concerns is the key challenge being faced by the marketers in the MVAS ecosystem.
This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Value-Added Services (VAS) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Short Messaging Service (SMS)
Multimedia Messaging Service (MMS)
Interactive Voice Response(VIR)
Wireless Application Protocol(WAP)
Segmentation by application
Personal
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
America Movil
Monty Mobile
StreamWIDE
Telcovas International
OneAPI
Nextgen
Andrexen
GenieNG
Nokia
Digicel Group
Vodafone
ZTE
Teligent Telecom
Please note: The report will take approximately 2 business days to prepare and deliver.