Press release
Mobile Value Added Services Sales to Rake in Whopping US$ 698,900 Mn by 2022|Key Players- Blackberry Limited, OnMobile Global Limited and more
Mobile Value Added Services Market 2022
The global mobile value added service market is slated to touch a value of about US$ 698,900 Mn in the year 2022 and grow at a robust CAGR during the assessment period.
Mobile phones are now being used as a multipurpose device that have a powerful utility and infotainment potential rather than just used for making voice calls. From just a click of a button, one can find nearby restaurants, pay bills, and receive latest breaking news and stock updates, and much more.
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The potential for mobile value added service market is endless. On top of this, there is a rapid increase in the usage of social networking applications and mobile banking and payments, and this is also giving a huge boost to the mobile value added service market.
Furthermore, introduction of faster communication services are opening up the gates for new opportunities in this market. There is a great demand for entertainment services provided through mobiles and this generates opportunities in the on-demand music and video, specialized content in the local language and beaming of live television shows and sports events on mobiles.
There is another segment of revenue which consists of caller tunes, contests that are based on SMS and subscription based alerts. As the popularity of smartphones increases and their prices decrease, consumers want more and more value added services on their mobiles for which they are willing to pay. Due to such factors, the market for mobile value added service is witnessing a sharp rise in demand.
Key Players:
The report has profiled some of the Important players prevalent in the global like - Blackberry Limited, OnMobile Global Limited, Samsung Electronics Co Ltd., Apple Inc., ZTE Corporation, AT&T Inc., Vodafone Group Plc, Alphabet, Inc., Tech Mahindra Limited and Sprint Corporation and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Mobile Value Added Services.
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4 Forecast Highlights on Global Mobile Value Added Service Market
As per the forecast of Persistence Market Research, the wireless application protocol segment is slated to touch a value of nearly US$ 221,000 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The wireless application protocol segment is estimated to account for more than one-fourth of the revenue share of the platform segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
As per the forecast of Persistence Market Research, the enterprise end user segment will reach a value of about US$ 122,400 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The enterprise end user segment is forecasted to account for nearly one-third of the total revenue share of the end user segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
As per the forecast of Persistence Market Research, the mobile browsing segment is slated to reach a value of more than US$ 167,300 Mn in 2022. The mobile browsing segment is expected to lose market share by the end of the year 2022. The largest share is contributed by the North America region in the mobile browsing segment.
Persistence Market Research forecasts the U.S. mobile value added service market to exhibit a compound annual growth rate (CAGR) of nearly 9% from 2017 to 2022.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Mobile Value Added Services Market Manufacturers
Mobile Value Added Services Market Distributors/Traders/Wholesalers
Mobile Value Added Services Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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