The Value Added Services are the extra services that are non-core services provided by the telecommunication to their consumers such as banking, gaming, entertainment and others. The VAS charges are the extra charges paid as per the use of these services by the mobile user. There is high scope for the Mobile Value Added Services Market in telecommunications sector in various regions across the globe through 2021.
Scope and Regional Forecast of the Mobile Value Added Services Market:
According to the IndustryARC research analysis studies on the Mobile Value Added Services Market, mobile pay app, lifestyle, sports update and entertainment are some of the highly used VAS services in this market. This market is anticipated to grow with increasing use of mobile devices by the consumers through 2021.
North America is a prominent region in the Mobile Value Added Services Market with many mobile users in this region and high use of VAS services as per IndustryARC studies. The telecommunication companies invest high capital to provide VAS services to consumers for monthly charges through 2021.
Europe and Asia Pacific are anticipated to have fast growth in the Mobile Value Added Services Market. Germany, France, China, Japan and India are the major markets for the growth of this market though 2021.
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Segmentation and Key Players of the Mobile Value Added Services Market:
The Mobile Value Added Services Market is segmented into various categories in the IndustryARC marketing research report by application type, by device type, by module and by geography as follows:
By application type: Financial, Customer Value, Lifestyle, Utilities, Consumer Goods, Advertising, Broadcasting and others
By device type: Mobile Phone, Tablet PC, Laptop/Data-card and others
By module: Commerce, Advertising, Location and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Mobile Value Added Services Market according to the IndustryARC research report are as follows:
The Mobile Value Added Services Market is an expanding market with increasing use of internet value added services and support for VAS network by the mobile content providers and value added service provider in various regions across the globe. This market is poised to grow rapidly owing to the increasing deployment of VAS value added services by VAS Company, growth in investment for development of value added business services and rise in adoption of mobile VAS services by the consumers across the globe through 2021.
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