Mobile Value Added Services (VAS) Market Trends Evaluation, Geographical Segmentation, Business Challenges, and Investment Opportunities Analysis till 2027

The global mobile VAS market is estimated to account US$ 53.89 Bn in 2018 and is expected to grow at a CAGR of 11.54% during the forecast period 2019 - 2027, to account for US$ 141.36 Bn by 2027.

The telecommunication sector was foreseen to be one of the most lucrative industries for revenue generations and job creations historically. However, fierce competitions, and pricing pressures led to the downfall of the entire sector causing huge losses to the telecom operators. These telecommunication operators needed to provide differentiated services to their customers at optimized costs to stay afloat and competitive in the market Value-added services or VAS provide the much need thrust to the telecom sector for driving up their revenues and profit. In the contemporary times, the VAS is defined as the premium features or any add-on features apart from the basic voice services that are provided to the end-users by the telecommunication companies.

You Can Get a Sample Copy of This Report @ https://www.theinsightpartners.com/sample/TIPRE00003057/?utm_source=openPR&utm_medium=10642

The VAS is intended at diversifying the offerings and also provide administrative synergy amongst the array of services. MVAS is beneficial for both the parties involved as it brings business to the service providers and also add end-users functionality while obtaining enhanced analytics for use in businesses.

Telecom companies, therefore, face flat growth because of market saturation and maturity as well as commoditization of mobile devices and connectivity services. MVAS adds value to the core services and spur the subscribers in using their primary services more thus driving the Average Revenue Per User (ARPU). The MVAS stand individually in their operations and profitability and also stimulate demand for standard services. Further, drastic changes in the telecom business environment has compelled companies to invest in the development of VAS. VAS is thus viewed as one of the strategic initiatives taken by the telecom service providers enabling them to cross-sell additional services and simultaneously drive up ARPU. VAS also enables in ensuring customer loyalty as the customers are attracted to the companies offering more services.

Have Question? Speak to Analyst at: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00003057?utm_source=openPR&utm_medium=10642  

The report segments the global Market as follows:

By Solution (SMS, Mobile Money, Utility VAS, Mobile Infotainment, Social Networking, Location Based Services, and Others); and
By End-User (Consumer and Enterprises)

As the overall digital market grows, an additional billion middle-tier customers for telecommunication companies, mainly in emerging markets, is expected for new over-the-top (OTT) entrants is opening. These digital natives are offering the same staple services of voice, messaging, and video calls that used to be the domain of traditional telcos. In particular, OTT players such as Apple's FaceTime, Google Hangouts, Skype, Tencent QQ or Tencent's WeChat, and WhatsApp threaten to cannibalize these staple offerings with innovative, easy-to-use, and even more-attractive messaging and communication services. The major companies operating in the market include Airtel, Beeline, DBT Telecom FZ, DU United Arab Emirates, Mobifone, Mobile Telesystems, Mobily, MTN, Numeko Technologies, Omantel, Ooredoo, Optimum Telecom Algeria, Orange, Saudi Telecom Group, and Vodafone.

The Key Players in The Global Market Are: 

Beeline
Bharti Airtel
DBT Telecom FZE
DU United Arab Emirates
MobileTeleSystems
mobifone
mobily
MTN Group Limited
Numeko Bilişim Teknoloji Sanayi Ticaret A.Ş.
Oman Telecommunications Company

Based on data center type, the market is segmented into enterprise data center, colocation data center, wholesale data center, and hyper scale data center. In 2021, colocation data center segment accounted for a larger share in the market. Based on industry vertical, the market is segmented into BFSI, manufacturing, IT & telecom, media & entertainment, retail, government & defense, healthcare, energy, and others. In 2021, IT & telecom segment accounted for the largest market share. Based on component, the market is segmented into air handling units, chillers, cooling towers, air conditioning units, humidifiers, heat exchangers and others. In 2021, air conditioning units segment accounted for a larger share in the market.

Purchase a copy of Mobile Value Added Services (VAS) Market research report @ https://www.theinsightpartners.com/buy/TIPRE00003057/?utm_source=openPR&utm_medium=10642

Advantage of requesting Sample PDF Report Before purchase to know about:

To part the breakdown information by districts, type, makers, and applications.
To break down and research the worldwide Keyword status and future figure, including, creation, income, utilization, recorded, and conjecture.
To distinguish huge patterns, drivers, impact factors in worldwide and locales.
To introduce the key Keyword makers, creation, income, piece of the pie, and ongoing turn of events.
To investigate serious advancements, for example, extensions, arrangements, new item dispatches, and acquisitions on the lookout.
To investigate the worldwide and key districts market potential and preferred position, opportunity, and challenge, limitations, and dangers

Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

ABOUT US:

The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis

This release was published on openPR.