Mobile Value Added Services Market Size, Industry is growing at 18.3% CAGR to 2022

Mobile Value Added Services Market

Summary

The Indian Mobile Value-Added Services (MVAS) Market revenue is expected to reach $23.8 billion by 2020, growing at a CAGR of 18.3%

Rising internet and mobile subscriber base, availability of improved quality handsets at affordable rates, M-commerce, mobile entertainment services are few growth propellants of VAS, global market research and consulting company, has published a study titled “Indian Mobile Value-Added Services (MVAS) Market in India: Drivers, Restraints, Opportunities, Trends, and Forecasts to 2020”.

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The unparalleled internet penetration in India in the last decade has largely been possible due to the superior services offered by telecom operators at competitive rates. The telecom market of India has experienced a gigantic revolution in the past 10 years with subscribers switching to smartphones. The earlier popular value-added services (VAS) such as short message service, astrology updates, news alerts and weather updates have been replaced by sophisticated applications in response to the consumer’s changing needs.

Consumer VAS and Enterprise VAS segment would be the major contributors to the growth of the Mobile VAS Market of India.Consumer VAS is expected to grow at a faster rate in comparison to enterprise VAS. However, the lack of promotions and proper usage will hinder market growth.

This Mobile Value Added Services market research report provides the existing competitive analysis of some of the major players profiled in the market, which includes: CanvasM Technologies, Comviva Technologies, IMImobile Pvt. Ltd., and OnMobile Global. The report also talks about the companies to watch for such as Mobile2Win and Value First Digital Media.

Key Regions for this market: Metros, Mini Metro.

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Global Mobile Value Added Services Market: Type Outlook: delivery platforms, verticals, VAS.

Global Mobile Value Added Services Market: Application Outlook: Healthcare, education, banking, government and commercial enterprises.

Technological Advancements

The latest and advanced technologies used in the Mobile Value Added Services Market can be helpful for collaborative seminars, meetings, lectures, and training for industry professionals. Furthermore, in order to introduce advanced products or solutions, leading competitors are expected to concentrate on product innovation through continuous investments in product development.

Report Highlights

The report covers drivers, restraints and opportunities (DRO) affecting the market growth over the forecast years (2016–2022)
The report provides information related to latest industry and market trends, key stakeholders, industry pest analysis, Porter’s Five Forces analysis and competitive landscape
The report covers competitive landscape, which includes mergers & acquisitions, joint ventures & collaborations and competitor comparison analysis
It includes implementation, opportunities and adoption rate of MVAS in various industries
The report includes an end user analysis based on an end-user survey which was successfully conducted across the globe during the time of the study.
Overall, this Mobile Value Added Services market research report depicts thorough overview of the market, which, in turn, will help the industry participants, consultants, equipment manufacturers, as well as the existing key players searching for potential growth opportunities and the stakeholders to align their market-centric strategies in view of the on-going and projected trends in the coming years.

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Key questions answered in the report include:

What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Mobile Value Added Servicesmarket?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the  market?
Who are the leading competitors functioning in the market for Mobile Value Added Services?
What are the key outcomes of Porter’s five forces analysis of the Mobile Value Added Servicesmarket?
In the end, The main goal of this research study is to provide a clear picture and a better understanding of the market for Global self driving car sales market report 2018 to the manufacturers, suppliers, and the distributors operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to formulate and develop critical strategies for the further expansion of their businesses.

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This release was published on openPR.