About Mobile Value Added Services
The Mobile Value Added Services refers to the service that offers to telecommunication sector. The mobile value added services exhibits all services except voice calls or transmission of a fax. Mobile Value Added Services market is expected to mark significant growth over forecasted period owing to increasing consumers spending on smart phones, providing real time directions, high speed forecasts applications and technological advancement. This result in rising popularity of social networking platforms, increasing demand of network penetration, escalating need for increased return on marketing spend, and growing popularity of mobile value added services may trigger demand and help in industry expansion.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Europe |
Unit | Value (USD Million) |
CAGR | 13.8% |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mobile Value Added Services market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Huawei Technologies Co. Ltd. (China), Onmobile Global Ltd.(India), Samsung (South Korea) and Tech Mahindra Ltd. (India).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Value Added Services market by and Region.
On the basis of geography, the market of Mobile Value Added Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Services, the sub-segment i.e. Short Message Service will boost the Mobile Value Added Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type, the sub-segment i.e. Mobile Internet Based will boost the Mobile Value Added Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Consumers will boost the Mobile Value Added Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Verticals, the sub-segment i.e. BFSI will boost the Mobile Value Added Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of location enabled mobile value added services
Market Growth Drivers:
Increase in Internet Penetration Boost the Mobile Value Added Services Market. and Rapid Demand of Connectivity and Portability Fuelled up the Mobile Value Added Services Market.
Challenges:
Privacy Concerns Are Anticipated to Challenge The Market.
Restraints:
Lack of Knowledge about the Use of Services Hampers the Mobile Value Added Services Market. and High Cost Associated With Mobile Value Added Services.
Opportunities:
Proliferation Of Smartphones, Tablets And Notebooks Leads to Grow the Mobile Value Added Services Market. and Upsurge Demand of Social Media Such as Apps, Read the News, Web Surfing, Checking E-Mails And Interaction.
The mobile value added services play an important role in development of community actors and commercially successful M4D services at scale. It also offers common products such as infotainment, data connectivity services, MNO core voice and SMS.
According to various license such as UASL, CMTS, basic and ISP, its sufficient to offers growing MVAS market as further licensing provisions shall adversely affect the already lopsided MVAS market in the country. The new provisions, is introduced further may give power to the operator to further to squeeze the revenue share of the other players in the value chain. The telecom service providers may adversely affect the VASP because for the operators already the entry fees and annual fees as charged by DOT are high (including spectrum).
Key Target Audience
Mobile Value Added Services Manufacturers, Mobile Value Added Services Traders, End-Use Market Participants of Different Segments of Mobile Value Added Services, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.