Mobile Value Added Service Market Segmented By Short Message Service, Interactive Voice and Video Response, Wireless Application Protocol, Unstructured Supplementary Service Data Platform in Mobile Browsing, Location Based Services
The study of market analysis of the Mobile Value Added Services Market focuses on the key elements and the market dynamics of a specific market within that industry. Mobile Value Added Services Market study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
The global mobile value added service market is slated to touch a value of about US$ 698,900 Mn in the year 2025 and grow at a robust CAGR during the assessment period.
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Mobile phones are now being used as a multipurpose device that have a powerful utility and infotainment potential rather than just used for making voice calls. From just a click of a button, one can find nearby restaurants, pay bills, and receive latest breaking news and stock updates, and much more. The potential for mobile value added service market is endless. On top of this, there is a rapid increase in the usage of social networking applications and mobile banking and payments, and this is also giving a huge boost to the mobile value added service market. Furthermore, introduction of faster communication services are opening up the gates for new opportunities in this market. There is a great demand for entertainment services provided through mobiles and this generates opportunities in the on-demand music and video, specialized content in the local language and beaming of live television shows and sports events on mobiles. There is another segment of revenue which consists of caller tunes, contests that are based on SMS and subscription based alerts. As the popularity of smartphones increases and their prices decrease, consumers want more and more value added services on their mobiles for which they are willing to pay. Due to such factors, the market for mobile value added service is witnessing a sharp rise in demand.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Blackberry Limited, OnMobile Global Limited, Samsung Electronics Co Ltd., Apple Inc., ZTE Corporation, AT&T Inc., Vodafone Group Plc, Alphabet, Inc., Tech Mahindra Limited and Sprint Corporation and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Mobile Value Added Services.
4 Forecast Highlights on Global Mobile Value Added Service Market
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
Key Stakeholders
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services.
Jun 15, 2023
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