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India's Mobile Value Added Services Industry to Grow 50 Percent Annually Through 2009
Publish Date : 12/11/2007 6:48:00 AM Source : Mobile and Gadgets News Onlypunjab.com
Customized knowledge services company Boston Analytics today unveiled a new report that forecasts a 50 percent compounded annual growth rate (CAGR) in India's Mobile Value Added Services (MVAS) industry that will lead to a $348.8 million market by 2009. The study, titled "A Study of the Mobile Value Added Services (MVAS) Market in India," details how a timely convergence of a saturated mobile voice market, little government involvement, an emerging ecosystem and rich consumer demand will lead to rapid development and adoption of MVAS content within the country.
The report highlights the evolution of India's mobile phone market with a particular focus on the last seven years in which favorable legislation, a rapid decline in tariffs and the commoditization of its mobile phone voice service put cell phones in the hands of more than 100 million residents and left carriers looking for new revenue streams. The stage is set for mobile phone companies to create new growth through the delivery of music and entertainment-related mobile, location-based services, and mobile Internet content to increasingly tech-savvy subscribers.
Educated in the leading engineering and management institutes in the U.S. and India and armed with decades of diverse industry experience from Global 1000 and emerging companies, Boston Analytics' team of researchers and analysts have analyzed both structured and unstructured data to illustrate the abundance of opportunities available to content creators, providers, aggregators, technology enablers and operators. The firm has also identified the barriers those groups will have to overcome to realize substantial profits.
"India's booming economy and rapid growth have been well-documented, and although a lot of attention has been paid to its effect on other nations, it is equally important to recognize the opportunities within the country created by the increase in consumers suddenly loaded with disposable income," said Rashid Bilimoria, CEO and Co-Founder, Boston Analytics. "This report shows how India is catching up with the rest of the world in that it too is demanding creative applications for ever more advanced mobile devices."
With offices in the U.S. and India, Boston Analytics specializes in providing rigorous research and analysis, financial modeling and industry/sector/company reports of equal caliber to leading investment firms at a reduced cost.
"A Study of the Mobile Value Added Services (MVAS) Market in India" can be found at the following link: http://www.bostonanalytics.com/leading_thoughts_research/ba_mvas_in_india_research_report_10_07.pdf
About Boston Analytics Boston Analytics provides its corporate, consulting and financial clients the most current, accurate, and actionable research and analytics - so they can be first to uncover and exploit opportunities. The firm's work powers knowledge processes and enables effective decisions at all levels of our clients' businesses. Boston Analytics brings together leading analytical minds worldwide, delivers a robust offering of knowledge services, and works as genuine partners.
Boston Analytics delivers enterprise-wide knowledge advantage by providing fully customized knowledge services as well as flexible, preconfigured knowledge products and repositories. All knowledge services and products are tailored to meet the specific needs of corporations, consulting companies, and financial services firms.
Boston Analytics is headquartered in Boston with offices in New York, London, and Mumbai. More information can be found at www.bostonanalytics.com. |
Reliance to sell phone cards through post offices
Publish Date : 1/28/2005 12:31:00 PM
Reliance Infocomm, the telecom services arm of corporate behemoth Reliance Industries, Thursday said it had entered into an agreement with the department of posts ....
Mobile Productivity Inc. Acquires AIS/IDENTIFIX
Publish Date : 1/25/2005 10:51:00 AM
Mobile Productivity Inc. (MPi), a premier automotive repair information and service merchandising provider, announced today the acquisition of Automotive Information System ....
CSK Auto Corporation Announces Sale of Automotive Information Systems
Publish Date : 1/25/2005 10:34:00 AM
CSK Auto Corporation (NYSE:CAO) announced today that on January 21, 2005, CSK Auto, Inc. (CSK) sold all of the issued and outstanding capital stock of Automotive ...
T-Mobile UK Selects MyNetonomy for its Corporate Customers
Publish Date : 1/24/2005 11:07:00 AM
Netonomy, the leading provider of customer self-service solutions for communications service providers, today announced that T-Mobile, one of the world's leading ....
Stan Lee Goes Wireless Around The World With Vidiator
Publish Date : 1/19/2005 11:02:00 AM
He's amazing, uncanny, incredible and now he's also wireless.
Samsung Electronics Says High-bandwidth 512Mb Memory Will Enable 3D Graphics in Smaller Mobile Phones
Publish Date : 1/19/2005 10:16:00 AM
Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced that it has completed the world's first working prototype of a 512Mb mobile ...
Motorola Signs Technology Agreement with E Mobile's CHL
Publish Date : 1/12/2005 1:04:00 PM
E Mobile Information Technologies (Pink Sheets:EMTK) wholly owned subsidiary, CHL Technologies, has signed an agreement with global communications leader Motorola ....
Motient Announces Signing of Term Sheet to Purchase Additional Interests in Mobile Satellite Ventures
Publish Date : 1/12/2005 11:17:00 AM
Motient Corporation (Pink Sheets:MNCP) announced today that on January 10, 2005, it signed a binding term sheet with Telcom Satellite Ventures, pursuant to which ....
Tata Indicom launches mobile service in Punjab, Haryana, HP
Publish Date : 1/6/2005 12:42:00 PM
Tata Indicom on Wednesday launched its
mobile telephone services in Punjab, Haryana, Himachal Pradesh
and the Union Territory of Chandigarh at an investment of Rs 600
crore in phase one.
Wherify Honored with Two Prestigious 2005 CES Innovations Awards for GPS Locator Phone
Publish Date : 1/5/2005 10:01:00 AM
Wherify Wireless, Inc., a leading developer of wireless location products and services, today announced that it was been honored by the Consumer Electronics Association....
Total Results : 28 More News (Opens in New Window) : [1] 2 3 Next Page
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