Global Cloud-based Value-added Services Market Will Grow At A CAGR Of 14.56% During The Period 2017-2020

Albany, NY, 31 JAN : VAS provided by telecom industry can be defined as the beneficial mobile services that are apart from the voice communication services. Traditionally, mobile service providers have been offering only voice communication services. The rapid advancements in technology have led to the evolution of other mobile services beyond the voice communication services to include non-core services. In other words, VAS adds more value to the core mobile services, thereby enabling mobile subscribers to use cell phones and tablets for several non-voice purposes such as sending SMS, MMS, and pictures; accessing the internet for reading news headlines and astrology, retrieving flight information, listening to music, and playing online games; and for m-commerce and mobile banking.

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Technavios analysts forecast the global cloud-based value-added services (VAS) market to grow at a CAGR of 14.56% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the global cloud-based value-added services (VAS) market for 2016-2020. To calculate the market size, the report covers the cloud-based VAS services provided by telecom companies.

Segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Cloud-Based Value-Added Services (VAS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Cisco Systems
Huawei
IBM
Infosys
Ericsson

Other prominent vendors
CALLUP
Ethrix
Gintel AS
OCSBOX

Key driver
Increasing adoption of mobile broadband
For a full, detailed list, view our report

Key challenge
Low quality of wireless networks
For a full, detailed list, view our report

Key trend
Increasing adoption of IM MVAS applications
For a full, detailed list, view our report

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This release was published on openPR.