“Global Mobile Value Added Services (VAS) Industry” report provides detailed study to understand current market scenario and future aspects. The report helps to comprehend Emerging Trends and Growth Opportunities along with important developments in the Mobile Value Added Services (VAS) market.
The global mobile VAS market accounted to 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 to US$ 141.35 Bn by 2027.
The estimates from GSMA state that the total number of unique mobile subscribers across the globe would be close to 5 Bn subscribers by the end of 2017 and would further increase up to 5.7 Bn by the end of 2020. By this estimate, close to 75% of the world’s population would be subscribed to a mobile service. Further, the ubiquity of smartphones as well as high-speed connectivity has been a key driving factor for innovations in artificial intelligence and also leading to digital transformation. This factor would be key for driving the global mobile VAS market.
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The reports cover key developments in the Mobile Value Added Services (VAS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Mobile Value Added Services (VAS) market are anticipated to lucrative growth opportunities in the future with the rising demand for Mobile Value Added Services (VAS) market in the global market.
Key Players Influencing the Market
The “Global Mobile Value Added Services (VAS) Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Mobile Value Added Services (VAS) market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Mobile Value Added Services (VAS) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Mobile Value Added Services (VAS) market players and offers key trends and opportunities in the market.
The global Mobile Value Added Services (VAS) market is segmented on the basis of type, annotation type, end-user. On the basis of type the market is segmented as text, image, others. On the basis of annotation type the market is segmented as manual, semi-supervised, automatic. On the basis of end-user the market is segmented as automotive, government, healthcare, financial services, retail, IT and telecom, others.
Besides this, the report analyzes factors affecting Mobile Value Added Services (VAS) market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Mobile Value Added Services (VAS) Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Mobile Value Added Services (VAS) market based on the type and application. It also provides market size and forecast till 2027 for overall Mobile Value Added Services (VAS) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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