Press release
Projection On MVAS Market Growth Analysis On Amazon, Gemalto N.V., Huawei Technologies Co., Ltd, Nokia Corporation, Apple, Inc., Baidu, Inc., Mahindra Comviva
MVAS Market size is set to exceed USD 1,300 billion by 2024; according to a new research report.; The MVAS market is anticipated to witness considerable growth over the forecast timeline. This can be attributed to the introduction of LTE network services, IoT and growing inclination of customers to rely on the internet. Customers are willing to use mobile devices for booking tickets, gaming, making payments, and watching movies. With the handiness of mobile devices and availability of several mobile applications, customers are frequently using them almost everywhere, which is leading to the growth of the MVAS market globally.
Top Manufacturers in global market are given bellow: Amazon, Apple, Inc., Baidu, Inc. Gemalto N.V., Huawei Technologies Co., Ltd, Nokia Corporation, Mahindra Comviva
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The MVAS Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. The report on global MVAS Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research.
The telecom sector has experienced considerable growth in the MVAS market over the last few years. Demand for personalized, extremely relevant and content rich VAS has brought high growth prospects. Carrier providers are driving communication equipment providers and independent software vendors to help advance cost effective, dependable and well-tested applications, which are helping them generate revenue and improve customer satisfaction.
With the falling prices of handsets and growing competition in the mobile device industry, handset manufacturers and network operators are shifting their focus on value added services to enrich their product portfolio and sustain industry presence. High investments in 3G and 4G services have been witnessed in the industry to help gain customer consumer base, thereby driving the MVAS market growth.
The penetration and reach of mobile devices can certify the distribution of a high amount of services in a fast, cost effective, and seamless way without the physical access. Owing to the technology advancements, mobile devices at a low price can also support influential MVAS market applications allowing customers to check bank account information, receive personalized health alerts, exchange data through SMS, use entertainment based services, and obtain vocational training.
Mobile gaming has been staking an increasingly vital claim in several European and Asian countries since the last few years. Owing to the rolling out of popular internet based mobile games such as Rollercoaster Tycoon and Pokémon Go! which use extensive mobile internet, operators are providing several VAS packages on internet subscriptions.
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Mobile Value Added Services Market By Solution
• SMS
• MMS
• Instant Messaging/Email
• Mobile Money
• Infotainment
• Others
Mobile Value Added Services Market By Application
• BFSI
• Retail
• Government
• Healthcare
• Education
• Entertainment & media
• Telecom & IT
• Others
To View Full Report@ https://www.marketstudyreport.com/reports/mvas-market-size-by-solution-sms-mms-instant-messaging-email-mobile-money-infotainment-by-application-bfsi-retail-government-healthcare-education-entertainment-media-telecom-it-industry-analysis-report-regional-outlook-u-s-canada-uk-germany-china-india-japan-mexico-brazil-growth-potential-price-trends-competitive-market-share-forecast-2017-2024
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