The mobile value-added services (VAS) market is expected to grow by USD 342.50 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the mobile value-added services (VAS) in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Mobile Value-added Services (VAS) Market 2020-2024 (Graphic: Business Wire)
Enterprises will go through Response, Recovery and Renew phases. Download a Free Sample Report on COVID-19
The mobile value-added services (VAS) market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Related Report on Communication Services Industries:
Global Cellular M2M Value-Added Services (VAS) Market: The cellular M2M value-added services (VAS) market size has the potential to grow by USD 76.08 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Mobile Virtual Network Operator Services Market: The mobile virtual network operator services market size has the potential to grow by USD 29.8 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Major Three Mobile Value-added Services (VAS) Market Participants:
Alphabet Inc.
Alphabet Inc. operates its business under google and other bets segment. The company offers Google Pay, Google Play Movies & TV, YouTube, and Google Play Music for customers.
America Movil SAB de CV
America Movil SAB de CV operates its business in Brazil, and US, and in Mexico Fixed, Mexico Wireless, and others segment. The company offers Wireless value-added services and other wireless services such as mobile payment solutions, machine-to-machine services, mobile banking, and others.
Apple Inc.
Apple Inc. operates its business under five segments, which include iPhone, iPad, Mac, Wearables, Home and Accessories, and Services.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/mobile-value-added-services-market-industry-analysis
Mobile Value-added Services (VAS) Market 2020-2024: Segmentation
Mobile value-added services (VAS) market is segmented as below:
-
Product
- Mobile Advertising
- Mobile Games
- Mobile Music and Video Streaming
- Mobile Money And M-commerce
- Mobile Publications
-
Geography
- APAC
- North America
- Europe
- South America
- MEA
The mobile value-added services (VAS) market is driven by an increase in smartphone penetration. In addition, other factors such as digitization of key industries is expected to trigger the mobile value-added services (VAS) market toward witnessing a CAGR of almost 15% during the forecast period.
Get more insights about the global trends impacting the future of mobile value-added services (VAS) market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44646
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005755/en/