Global Mobile Value Added Services (MVAS) Market

Global Mobile Value Added Services (MVAS) Market Top Company Profiles with Competitive Landscape and Forecast to 2028

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Market Industry Trends : 

The report published by Zion Market Research, global demand for mobile value added services (MVAS) market was valued at approximately USD 622.9 Billion in 2019, and is expected to generate revenue of around USD 1,707.9 Billion by end of 2026, growing at a CAGR of around 15.5% between 2020 and 2026. Mobile value-added services (MVAS) allow mobile operators and aggregators to provide multimedia and other value-added services to their customers. Because of the growing use of mobile value-added services in the education sector, the market for these services is growing.

Mobile phones have evolved from being a gadget for listening to music, texting, or making phone calls to a strong utilitarian and informational tool. The potential of mobile phones appears to be limitless, from finding the nearest eatery to paying bills and receiving up-to-date stock data. The market for mobile value-added services is being supported by a growth in the use of social networking apps and mobile payments. Rich communication services are also projected to provide a number of opportunities for industry stakeholders.

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Global-Mobile-Value-Added-Services-MVAS-Market

The report also profiles companies that are, expected to remain active in the expansion of global mobile value added service market through 2022, which include AT&T Inc., Apple Inc., Alphabet, Inc., Blackberry Limited, Samsung Electronics Co Ltd., Sprint Corporation, Vodafone Group Plc, Tech Mahindra Limited, ZTE Corporation and OnMobile Global Limited.

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

During the forecasted period, mobile value-added services are expected to increase significantly in all industrial sectors. The recent COVID 19 pandemic has spurred the growth of digitalization and remote activities, encouraging many large and small businesses to offer additional options for their employees when it comes to corporate card solutions.

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This is likely to open up a lot of room for value-added features that will entice businesses of all sizes to use new payment methods. Furthermore, the spread of 5G cloud-based gaming is expected to open up huge market prospects for mobile value-added services.

Platform

  • Short Message Service
  • Interactive Voice & Video Response
  • Wireless Application Protocol
  • Unstructured Supplementary Service Data
  • Others

End User

  • Consumer
  • Enterprise
  • Network Provider

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market
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Market Industry Trends :  The report published by Zion Market Research, global demand for mobile value added services (MVAS) market was valued at approximately USD 622.9 Billion in 2019, and is expected to generate revenue of around USD 1,707.9 Billion by end of 2026, growing at a CAGR of around 15.5% between 2020 and 2026.…

Market Industry Trends :  The report published by Zion Market Research, global demand for mobile value added services (MVAS) market was valued at approximately USD 622.9 Billion in 2019, and is expected to generate revenue of around USD 1,707.9 Billion by end of 2026, growing at a CAGR of around 15.5% between 2020 and 2026.…

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