Mobile Value Added Services (VAS) Market Supply (Production), Consumption, Export, Import by Region

The Global Mobile VAS Market accounted for US$ 53.89 Bn in 2018 and is expected to grow at a CAGR of 11.54% over the forecast period 20192027, to account for US$ 141.35 Bn by 2027. Growth in recent years in the mobile VAS market is primarily driven by the increasing need for digital content creation across industries such as animation, graphics, designing, medical & healthcare, education, banking, and retail among others coupled with the need to drive the revenues for the telecom operators, and the advent of OTT players. Asia Pacific region is observed to garner the highest market share in the mobile VAS market.

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 worlds population would be subscribed to a mobile service. The tremendous growth in the number of mobile subscribers during this period is majorly attributed to the developing economies of Asia Pacific where large percentage of the world population is concentrated.

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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. The mobile operators have invested close to US$ 700 Bn in the last decade for the development of the telecommunication network infrastructure. Also, the estimates state that by the end of 2016, there were 4.8 Bn GSM subscribers, and 7.9 Bn SIM connections worldwide. This factor has had a deepening effect on the mobile VAS market.

For the regional estimates, highest number of subscribers are observed in China and India owing to the large populations of both countries. Also, highest subscriber penetration is estimated to be in the European region where the subscriber density is very high. Large populations and also scope for increasing the subscriber density in the developing countries of India and China have been driving the deployments of telecom towers. These countries are majorly responsible for the growth of mobile VAS market. Rising subscriber density in a particular area requires the deployment of telecom towers to serve the subscriber base.

As the density increases, the existing tower infrastructures prove to be incapable of handling the data traffic created by an ever increasing subscriber base and therefore demand for additional deployments or up gradations on the existing towers with better equipment to enhance the traffic handling capacity. These areas were largely underserved before, however, with the initiatives taken by the Government and obligatory regulations on the operators to provide services in such areas, the market for telecom tower deployments is further anticipated to grow. Meanwhile, in mature telecom markets where subscriber growth is slowing, operators are evolving their business models to capture increasing value within the expanding mobile ecosystem. This factor would be driving high growth in the mobile VAS market.

The overall mobile VAS market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the mobile VAS market. It also provides the overview and forecast for the global mobile VAS market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the mobile VAS market.

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TABLE OF CONTENTS

  1. Introduction

1.1 Scope Of The Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Mobile VAS Market By Solution

1.3.2 Global Mobile VAS Market By End-user

1.3.3 Global Mobile VAS Market By Geography

  1. Key Takeaways
  2. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

  1. Mobile VAS Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 PEST Analysis

4.3.1 North America PEST Analysis

4.3.2 Asia-Pacific PEST Analysis

4.3.3 Europe PEST Analysis

4.3.4 Middle East & Africa PEST Analysis

4.3.5 South AmericaPEST Analysis

  1. Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing subscriber base on the cellular network generating more revenues for MVAS

5.1.2 Developing countries like China and India are driving the growth of mobile internet services

5.1.3 Saturated telecom operator market luring players for enhanced value additions

5.2 Key Market Restraints

5.2.1 Stagnant and slow growth in developed regions due to saturation

5.2.2 Intense competition between network operators is leading to decreasing revenues from traditional mobile services

5.3 Key Market Opportunity

5.3.1 Mobile internet as a growth opportunity for network operators

5.3.2 Scaling the innovative concept of Internet of Things

5.4 Future Trends

5.4.1 Artificial Intelligence and Machine Learning in the telecommunication sector

5.5 Impact Analysis Of Drivers And Restraints

  1. Mobile VAS Global Market Analysis

6.1 Global Mobile VAS Market Overview

6.2 Global Mobile VAS Market Forecast And Analysis

6.3 Market Positioning/ Market Share

  1. Global Mobile VAS Market Analysis By Solution

7.1 Overview

7.2 Sms

7.2.1 Overview

7.2.2 Global SMS Market Revenue and Forecasts to 2027 (US$ Mn)

7.3 Mobile Money

7.3.1 Overview

7.3.2 Global Mobile Money Market Revenue and Forecasts to 2027 (US$ Mn)

7.4 Utility VAS

7.4.1 Overview

7.4.2 Global Utility VAS Market Revenue and Forecasts to 2027 (US$ Mn)

7.5 Mobile Infotainment

7.5.1 Overview

7.5.2 Global Mobile Infotainment Market Revenue and Forecasts to 2027 (US$ Mn)

7.6 Social Networking

7.6.1 Overview

7.6.2 Global Social Networking Market Revenue and Forecasts to 2027 (US$ Mn)

7.7 Location Based Services

7.7.1 Overview

7.7.2 Global Location Based Services Market Revenue and Forecasts to 2027 (US$ Mn)

7.8 Others

7.8.1 Overview

7.8.2 Global Others Market Revenue and Forecasts to 2027 (US$ Mn)

  1. Mobile VAS Market Analysis By End-User

8.1 Overview

8.2 Mobile VAS Market Breakdown, By End-User, 2018 & 2027

8.3 Consumer

8.3.1 Overview

8.3.2 Consumer Revenue and Forecasts to 2027 (US$ Mn)

8.4 Enterprises

8.4.1 Overview

8.4.2 Enterprises Revenue and Forecasts to 2027 (US$ Mn)

  1. Mobile Value Added Service Market Geographical Analysis

9.1 Overview

9.2 North America Mobile VAS Market Revenue and Forecasts to 2027

9.2.1 North America Mobile VAS Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.2 North America Mobile VAS Market Breakdown by Solution

9.2.4 North America Mobile VAS Market Breakdown, by Key Countries

9.2.4.1 US Mobile VAS Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.4.1.1 US Mobile VAS Market Breakdown by Solution

9.2.4.1.2 US Mobile VAS Market Breakdown by End User

9.2.4.2 Canada Mobile VAS Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.4.2.1 Canada Mobile VAS Market Breakdown by Solution

9.2.4.2.2 Canada Mobile VAS Market Breakdown by End User

9.2.4.3 Mexico Mobile VAS Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.4.3.1 Mexico Mobile VAS Market Breakdown by Solution

9.2.4.3.2 Mexico Mobile VAS Market Breakdown by End User

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