Mobile Value-Added Services (MVAS) Market Report: Analysis and Forecast to 2028 with US$ 852.8 Billion Valuation | IMARC Group
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According to IMARC Group, the global mobile value-added services (MVAS) market size US$ 852.8 Billion in 2022. Looking forward, the market is expected to reach US$ 2,010.97 Billion by 2028, exhibiting a growth rate (CAGR) of 15.32% during 2023-2028. Factors Affecting the Growth of the Mobile Value-Added Services Industry : Rapid Advancements in Mobile Technology: The growth of the Mobile Value-Added Services (MVAS) market is significantly driven by rapid advancements in mobile technology. With the widespread adoption of smartphones and high-speed internet, such as 4G and emerging 5G networks, consumers now have unprecedented access to a variety of services. These technological advancements have enabled the development of innovative services like mobile gaming, video streaming, and advanced communication tools, which are easily accessible on mobile devices. Moreover, the evolution of mobile platforms has facilitated the integration of artificial intelligence and machine ...