Mobile value-added service is a popular telecom industry term for non-core services beyond standard voice calls such as ring tones, gaming mobile browsing and music and entertainment. The adoption of mobile value-added service in business activities has increased significantly over the decade. These services are widely used by companies to promote their product and services to target customers. Increased mobile penetration around the world has made it easier to reach customers who were previously inaccessible. Globally industry is witnessing robust growth as applications of Mobile value-added services are increasing with time with prevalent use in M-Infotainment, M-Commerce, M-Health, M-Education and many more.
This report analyses the global market for Mobile value-added service. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market. This Mobile value-added service market report provides insights on new trade regulations, market size, regional and segment market share, product/service launches, product pipeline analysis, impact of Covid-19 on, key regions, untapped markets, patent analysis, approvals, continuous innovations and developments in the market.
Asia Pacific leads the global Mobile value-added service market. The region has highest number of mobile users in the world. According to GSM Association there will be 663 million new mobile internet users across Asia Pacific by 2025. Growing telecom infrastructure, rising urbanization and surge in technology adoption has brought tremendous growth in the region. In addition to this emergence of 5G technology will fuel the growth in forecast period. There are several countries in the region such as China, South Korea, Australia, Japan, Malaysia, Singapore and South Korea announcing 5G infrastructures.
Increasing number of mobile phone users around the world is major driving factor for the growth of global mobile value-added service market. There are more than 5 billion mobile users in the world accounting 67 % of global population. The figure is growing at significant pace, developing countries leading the way. Growing application of mobile value-added service to increase customer base by companies, increase in number of internet users and advances in ICT are expected to offer lucrative opportunities in future. However privacy concerns and incidences of data breaches are hindering the growth of market. Growing connectivity through next generation technologies such as 5G, mesh networks, edge computing for high speed communication will offer several growth opportunities in forecast period.
Market Segmentation •Services oShort Messaging Service (SMS) oMultimedia Messaging Service (MMS) oLocation Based Services oMobile Email & IM oMobile Money oMobile Advertising •End users oSmall and Medium Enterprises oLarge Enterprises •Verticals oBFSI oTelecom & IT oRetail oMedia and Entertainment oHealthcare oGovernment oEducation oOthers
Report Coverage •An overview of the global Mobile value-added service market •In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market •Global Mobile value-added service market revenue data historic and forecast analysis (2016 to 2026) •Characterization and quantification of the market segments for Mobile value-added service market •Market share analysis of key market participants and their competitive landscape
Inquire Now: https://industryresearchplace.com/enquiry-now/MjU1ODUx Important Questions Answered by Global Mobile value-added service Market Report •What is the impact of COVID 19 epidemic on the global Mobile value-added service market? •Which is mostly affected region, country? •Which is the current largest and fastest-growing region? •What is the market size and growth rate of the global Mobile value-added service market? •What are current factors affecting the growth of market? •What are Key trends and opportunity areas? •Within Mobile value-added service market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment? •What are the major strategies adopted by leading market companies? •What are company challenges and essential success factors by market segment? •How company offerings and supply chain capabilities are shifting to meet emerging market needs?
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