Let me make this clear at the outset, this prediction is based on facts, market and consumer reports and has no link with stars, planets or anything remotely astrological!~:)
Prediction of mobile VAS in India
Mobile interconnected industries are every day coming up with fresh and ground – breaking mobile technologies. Mobile VAS accounts to 10-12% of the total telecom revenues. Over 375 million mobile subscribers in India, out of which 8-10% of the total mobile subscribers are expected to be GPRS (General Packet Radio Services) subscribers as well.
At present CRBT download and SMS (A2P) mobile VAS seems most popular amongst mobile users. With the launch of 3G services (faster data speed) in India, games download, video streaming, mCommerce, mobile blogs and mobile chat is expected to grow in future. As per TRAI predictions, mobile VAS revenue growth contributing to telecommunication industry is expected to grow to 30% in next 5-7 years, which is way beyond the current contribution of 10-12%.
Many experts are predicting mobile VAS in India to be 1 billion USD market by 2010. Let us wait to watch, what is there for Mobile VAS service providers in 2010. So for all Mobile VAS Providers and users there is good news comping up!
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Tags: Future of mobile VAS, India Stats, Mobile VAS
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