The Increasing of Smartphone Users Projected to Fuel the Market’s Expansion for MVAS

The market for mobile value-added services (MVAS) is being propelled by factors such a rise in smartphone and tablet users, mobile Internet usage, growing use of mobile applications and mobile web, and an increase in return on marketing expenditure. The number of vendors has increased rivalry among Internet service providers. Currently, individuals check a variety…

Market Study for Mobile Value-Added Services in 2030

The market for mobile value-added services was estimated to be worth $658.5 billion in 2021; by 2030, it is anticipated to have grown to $2,226.2 billion, with a CAGR of 14.2%. Mobile Value-Added Services, or MVAS, are mobile services that mobile service providers offer in addition to voice communication services. The MVAS enables mobile subscribers…