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Global Mobile Value Added Services Market Research 2023: Emerging Technologies, Key Business Opportunities, Growth Rate And Top Key Players Analysis Till 2032 | Apple, Onmobile Global Limited, Google, AT&T, Vodafone
Mobile Value Added Services Market
Mobile Value Added Services Market Size, Growth Rate, And Forecast:
The global mobile value added services market size grew from $796.04 billion in 2022 to $894.84 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mobile value added services market size is expected to grow to $1459.09 billion in 2027 at a CAGR of 13.0%.
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Mobile Value Added Services Market Drivers
The increase in smartphone customers globally is driving the growth of the mobile value-added services market. The demand for smartphones is increasing due to growing internet penetration, rising income levels, rising subscriptions to social media, improved communication needs, and others. During the COVID-19 pandemic, the usage of smartphones dramatically increased due to long quarantine periods and work-from-home scenarios. This increase in smartphone customers will drive demand for mobile value-added services as smartphones need these services to provide customers with the necessary facilities such as messaging, communication, entertainment, e-commerce, and others.
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Mobile Value Added Services Market Segments:
By Solution: Mobile Advertising, Location-Based Services, Mobile Infotainment, Mobile Email & IM, Short Messaging Service (SMS), Multimedia Messaging Service (MMS), Mobile Money, Other Solutions
By Store: Google Play, App Store (iOS), Other Stores
End-user: Individual, Enterprise
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Mobile Value Added Services Market.
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Mobile Value Added Services Market Key Players
Major competitors in the mobile value added services market include Apple, Onmobile Global Limited, Google, AT&T, Vodafone.
The Business Research Company's "Global Mobile Value Added Services Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Mobile Value Added Services Market Include:
1. Executive Summary
2. Mobile Value Added Services Market Characteristics
3. Mobile Value Added Services Market Trends And Strategies
4. Mobile Value Added Services Market - Macro Economic Scenario
5. Mobile Value Added Services Market Size And Growth
……
26. Africa Mobile Value Added Services Market
27. Mobile Value Added Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mobile Value Added Services Market
29. Mobile Value Added Services Market Future Outlook and Potential Analysis
30. Appendix
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