Press release
Mobile Value Added ServicesMVAS Market to Reach USD 120 billion by 2033, Growing at 6% CAGR: By Key Players-Airtel, Vodafone, Orange
New Jersey, US State: "The global Mobile Value Added ServicesMVAS market in the Information Technology and Telecom category is projected to reach USD 120 billion by 2031, growing at a CAGR of 6% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 75 billion in 2024, highlighting strong growth potential throughout the forecast period."Mobile Value Added Services (MVAS) Market Size & Forecast 2031
The Mobile Value Added Services (MVAS) market is projected to expand significantly by 2031, supported by the rising penetration of smartphones, affordable mobile data plans, and the growing demand for personalized digital content. Services such as mobile banking, entertainment, messaging, and location-based offerings are playing a critical role in enhancing customer engagement and driving revenue for telecom operators. The increasing adoption of 5G networks and advanced mobile applications is expected to accelerate the development of innovative MVAS solutions that deliver faster, more reliable, and interactive experiences across multiple sectors including retail, healthcare, and financial services.
By 2031, the MVAS market is set to achieve robust growth as enterprises and service providers leverage these solutions to improve customer retention and monetize mobile platforms effectively. Key drivers include the rising need for mobile-based learning, digital payments, and value-added content that caters to specific consumer preferences. The growth of mobile commerce and the integration of artificial intelligence and analytics in MVAS platforms are enabling enhanced service delivery and targeted offerings. Furthermore, the ongoing shift towards cloud-based deployment models and increased focus on user security and data privacy are expected to strengthen the market outlook, positioning MVAS as a key enabler in the evolving digital ecosystem.
Key Players in the Mobile Value Added ServicesMVAS Market
Airtel
Vodafone
Orange
T-Mobile
Verizon
AT&T
Ericsson
Nokia
Samsung
Huawei
ZTE
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Factors Supporting Growth of Mobile Value Added ServicesMVAS Market in the Future:
1.Technological Advancements and Innovation:
The continuous evolution of technology is playing a vital role in driving the Mobile Value Added ServicesMVAS market forward. Cutting-edge innovations are improving product functionality, enhancing performance, and reducing costs, making these solutions more accessible to a broader range of industries. Emerging technologies such as AI, IoT, advanced analytics, and automation are also enabling smarter and more efficient use cases, further expanding the scope of the market. These advancements are not only upgrading existing systems but are also creating entirely new application opportunities that will support long-term market expansion.
2. Expanding Applications Across End-Use Sectors:
The increasing integration of Mobile Value Added ServicesMVAS solutions across diverse industries such as automotive, healthcare, consumer electronics, telecom, and industrial manufacturing is significantly boosting market demand. Each sector brings unique requirements, pushing companies to diversify their offerings and customize solutions. This cross-industry relevance ensures consistent demand growth, while rising digitalization and adoption of smart technologies amplify the market potential across both developed and developing regions.
3. Favorable Government Policies and Infrastructure Push:
Supportive initiatives by governments around the world, including funding programs, tax incentives, and policy frameworks, are providing a strong foundation for market development. Efforts to strengthen digital infrastructure, promote energy efficiency, and drive sustainable development are fueling demand for advanced Mobile Value Added ServicesMVAS technologies. Moreover, public-private partnerships and national transformation agendas such as smart cities and Industry 4.0 are creating favorable conditions for rapid market expansion, especially in emerging economies
4. Increased Investment and Focus on Research & Development:
The Mobile Value Added ServicesMVAS market is experiencing a surge in investment from both private and public entities, driven by the urgency to innovate and stay competitive. Companies are dedicating substantial resources to research and development to create next-generation products with higher efficiency, scalability, and environmental sustainability. Venture capital funding, mergers, acquisitions, and collaborations are also contributing to a dynamic ecosystem that fosters experimentation and accelerates commercialization of novel solutions, ensuring sustained market growth in the future.
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Key Segments Covered in Our Report: Mobile Value Added ServicesMVAS Industry
Mobile Value Added ServicesMVAS Market by SMS-based Services
Promotional SMS
Transactional SMS
Bulk SMS
SMS API
SMS Gateway
Mobile Value Added ServicesMVAS Market by Mobile Applications
Gaming Apps
Utility Apps
Social Networking Apps
E-commerce Apps
Entertainment Apps
Mobile Value Added ServicesMVAS Market by Mobile Payment Services
Mobile Wallets
Mobile Banking
Payment Gateway Services
NFC Payments
In-app Purchases
Mobile Value Added ServicesMVAS Market by Content Services
Mobile Music
Mobile Video
Mobile News
Mobile Advertising
Mobile Commerce
Mobile Value Added ServicesMVAS Market by Location-based Services
Geolocation Services
Navigation Services
Proximity Marketing
Location Tracking
Geofencing Services
The Application segment showcases the industries and sectors that use Mobile Value Added ServicesMVAS products for example Mobile Value Added ServicesMVAS targeting healthcare and automotive industries etc. It also provides a perspective of the market rate of acceptance, usage of the products, and new applications that are paving the way for the future of the market.
Global Mobile Value Added ServicesMVAS Market Regional Analysis
The Global Mobile Value Added ServicesMVAS Market is examined in dimensions of regions, wherein each region has its own market growth, trends as well as dynamics. This section highlights on the detailed market performance, major shifts, and trends and underlying factors explaining growth in different places around the world.
North America: North America accounts for a large share of the Mobile Value Added ServicesMVAS market which is a result of the developed technology, intense consumer market, and huge investments in the Mobile Value Added ServicesMVAS industry. To add, the U.S. market also plays a crucial role as this economy is more concerned with innovation and was also one of the first to implement Mobile Value Added ServicesMVAS products in its Mobile Value Added ServicesMVAS sectors. The region is expected to see a gradual rise till 2031 and this is because of its reinforced infrastructure and existing regulation mechanisms.
Europe: Global has the fastest growing Mobile Value Added ServicesMVAS market and is oriented around environmental protection, renewed efforts and environmental awareness. The market is dominated by countries like Germany, the UK, and France that have improved their technologies and have a strong industrial structure. Increased request for green solutions along with regulatory efforts are increasing demand in the market's key areas such as Mobile Value Added ServicesMVAS sectors.
Asia-Pacific: The growth potential in the Mobile Value Added ServicesMVAS market is expected to be maximum for Asia-Pacific region. Increased maturation, urban migration as well as expanding middle class in China, India, and Japan and other developing economies are great constituents of market growth. Further, there is an increasing contribution to investments in the Mobile Value Added ServicesMVAS sector which is increasing the demand for Mobile Value Added ServicesMVAS regions-supplying throughout the area.
Rest of the World: Countries and areas like Latin America, Middle East & Africa have also been showing moderate Mobile Value Added ServicesMVAS market growth. Although still developing, these markets are fueled by a fast increasing infrastructure, expending industrial activities and growing consumer demand for Mobile Value Added ServicesMVAS goods. These regions pose great opportunities for the market players to tap into other sources of growth.
Frequently Asked Questions (FAQ) - Mobile Value Added ServicesMVAS Market
Q1: What is the anticipated growth rate of the Global Mobile Value Added ServicesMVAS Market?
A1: With a growth rate of CAGR of 6%, the Global Mobile Value Added ServicesMVAS Market is anticipated to reach USD 120 billion by 2031. Industrial demand and innovation will lead it to reach USD 75 billion by 2024.
Q2: Which regions provide the highest growth opportunities for the Mobile Value Added ServicesMVAS Market?
A2: Asia-Pacific is likely to provide the highest growth prospects based on speedy industrialization and infrastructure growth, followed by robust markets in Europe and North America.
Q3: Which are the primary drivers of market growth?
A3: The primary drivers are technology innovation, growing industrial applications, heightened government initiatives, and expanding use of Mobile Value Added ServicesMVAS solutions in different industries.
Q4: What are the challenges faced by the Mobile Value Added ServicesMVAS Market?
A4: The challenges are tight regulatory systems, high upfront capital expenditures, fragmentation of the market in the emerging markets, and geopolitical risks in some regions.
Q5: Which are the major players in the Global Mobile Value Added ServicesMVAS Market?
A5: The market has a number of leading players with a focus on innovation, strategic alliances, and global expansion.
Q6: How does innovation influence the Mobile Value Added ServicesMVAS Market?
A6: Market growth is driven by innovation, which enhances product efficiency, lowers costs, and facilitates new applications, making the overall market potential broader.
Q7: Which industries utilize Mobile Value Added ServicesMVAS products mostly?
A7: Major industries include manufacturing, automotive, energy, electronics, and infrastructure, among others, where Mobile Value Added ServicesMVAS solutions deliver operational efficiency and sustainability.
Q8: How is the market anticipated to change after 2031?
A8: Although projections beyond 2031 are uncertain, continued technological advancement and increasing industrial demand are expected to continue supporting long-run growth patterns.
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