The article cited AMA's Global Mobile Value-Added Services Market Study explored substantial growth with CAGR of 11.6%. According the report, Rising Demand for Various Banking Methods
is one of the primary growth factors for the market. Increasing Demand for Smartphones
is also expected to contribute significantly to the Mobile Value-Added Services market. Overall, applications of Mobile Value-Added Services, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Apple Inc. (United States), Vodafone Group Plc (United Kingdom), Airtel (India), Idea Cellular Ltd (India), AT&T (United States), OnMobile (India), Spice Digital Limited (India), Comverse Technology Inc. (United States), One97 Communication (India) and Google (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Services, such as Voice Mail, is boosting the Mobile Value-Added Services market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Industry Vertical, such as Education, is boosting the Mobile Value-Added Services market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Mobile Value-Added Services market identified that the demand is rising in many different parts of the world as "Increasing Penetration of Internet in Developing Countries
". Furthermore, some recent industry insights like "On February 2021, OnMobile Global Limited, a global leader in mobile entertainment has announced the renewal of its contract with Telefónica España, S.A.U. for another five years. Telefónica is one of OnMobile’s largest customers. OnMobile has been providing videos, editorials, games and tones and a host of similar services to Telefonica’s subscribers." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Knowledge about the Use of Value-Added Services"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Mobile Value-Added Services market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Mobile Value-Added Services market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Mobile Value-Added Services market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile Value-Added Services market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile Value-Added Services market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile Value-Added Services market size is calculated using market estimation process, the Mobile Value-Added Services market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile Value-Added Services market size has been validated using both top-down and bottom-up approaches.