Mobile Value-added Services (VAS) Market to grow by USD 497.27 bn| Rapid Increase in Smartphone Penetration to Boost Growth | 17000+ Technavio Reports
NEW YORK, Jan. 13, 2022 /PRNewswire/ -- The "Mobile Value-added Services (VAS) Market by Product (mobile advertising, mobile games, mobile music, and video streaming, mobile money and m-commerce, and mobile publications) and Geography (APAC, North America, Europe, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
59% of the market's growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for mobile value-added services (VAS) in APAC. Market growth in this region will be faster than the growth of the market in North American, MEA, and South American regions.
The potential growth difference for the mobile value-added services (VAS) market between 2020 and 2025 is USD 497.27 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The rapid increase in smartphone penetration and digitization of key industries are some of the key market drivers. However, factors such as constraints in content monetization will challenge market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The mobile value-added services (VAS) market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!
The mobile value-added services (VAS) market report is segmented by Product (mobile advertising, mobile games, mobile music, and video streaming, mobile money and m-commerce, and mobile publications) and Geography (APAC, North America, Europe, South America, and MEA).
The mobile value-added services (VAS) market share growth by the mobile advertising segment will be significant for revenue generation. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the mobile value-added services (VAS) market size and actionable market insights on each segment.
View our free sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
The mobile value-added services (VAS) market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.
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