Cloud-Based VAS Market to See 14.56% CAGR through 2020, Says Infiniti Research in Its New Report Recently Uploaded at MarketPublishers.com14 Sep 2016 • by Natalie Aster
LONDON – Value-added Services (VAS) offered by the telecommunications industry can be defined as certain mobile services, which are provided beyond the voice communication services. Historically, mobile service providers offered only voice communication services. Remarkable technological advancements have led to introduction of other mobile services apart from the voice communication services to comprise non-core services.
VAS gives additional value to the core mobile services, therefore, enabling mobile subscribers to use their cell phones and tablets for certain non-voice purposes like listening to music, online shopping, m-banking, playing games, sending MMS, SMS and pictures, and also accessing the Internet (for reading news, retrieving flight info, etc.).
The worldwide cloud-based VAS market is predicted to see stable growth in the upcoming years. The market is likely to register a 14.56% CAGR up till 2020, driven by beneficial advantages offered by cloud-based VAS, increasing adoption of MVAS across the emerging countries and stable shift from on-premises to cloud-based VAS. However, further market growth could be hindered by a number of factors like piracy issues, enhancing concerns regarding data security, low quality of wireless networks and high bargaining power of communication service providers.
Cutting-edge report “Global Cloud-based Value-added Services Market 2016-2020” by Infiniti Research includes a comprehensive analysis of the present state of the world’s cloud-based VAS market, touches upon the historical evolution of the market and also points out future growth prospects. It gives data on the major market growth influencing factors, reviews the prevailing trends, uncovers data on the market size and shares, presents an analysis of the main geographical markets, describes key competitive pressures and gives details on top companies.
Vendors covered in report: Cisco Systems, IBM, Huawei, Infosys, CALLUP, Ericsson, Ethrix, Gintel AS and OCSBOX.
Other topical reports by Infiniti Research are available in this catalogue.