Survey shows growing importance of value-added services for Asia Pacific mobile operators

Mobile operators expect revenues from value-added services to grow from 14% to 24% in next three years; join Amdocs' tweetchat: 'Value-added services - what is the best strategy for mobile operators?' on August 10.

Mobile operators in Asia Pacific expect their revenues from value-added services (VAS) for example mobile payments, to grow from an average 14% of all revenues today to 24% within the next three years, according to an independent survey commissioned by Amdocs in which 120 mobile operator executives participated. The largest growth in VAS revenues is forecast for India, moving from 12% of revenues today to 29% in three years' time. Additionally, the survey found that 95% of respondents are pursuing mobile payments and most believe their portals will grow in importance over the next three years. Furthermore, 75% are pursuing mobile advertising and search strategies, with 65% reporting their subscribers would be willing to view mobile advertising in return for free content such as mobile apps or entertainment. Operators said their main business drivers for VAS are to provide a better customer experience and secure customer loyalty.

"Mobile VAS, and particularly mobile payments, are gaining momentum in Asia Pacific and mobile operators believe they constitute a competitive force vis-à-vis other players in the market such as banks and credit-card companies on the one hand, and social networks, app stores and other service providers on the other", says Erwann Thomassain, Head of Regional Marketing Asia Pacific, Amdocs. "As mobile operators seek to monetize VAS, Amdocs is there to support them by providing them with solutions for the creation, provision, bundling and billing of these services, as well as solutions for customer support".
Access the full report on the research conducted by Coleman Parkes, here.

Join the Amdocs tweetchat: "Value-added services - What is the best strategy for mobile operators?" on August 10, at 9am UK, 1:30pm India, 4pm Singapore, by following the #doxchat hashtag on Twitter.

Other key survey findings include:
• Importance of VAS: 62% of respondents say that VAS are either important or very important to their company. In Australia and India, 70% of operators regard VAS to be important while only 50% from Thailand and Vietnam believe VAS services important.

• Australia and India expect greatest VAS revenue growth: In Australia, the current share of revenues from this revenue stream is 23% which is expected to grow to 30% in three years' time. However, it is in India that the largest expected growth of 17% in VAS is anticipated: From 12% at present to 29% in three years' time. Furthermore, it appears that mobile operators have an advantage over banks in markets like India and Indonesia where a high proportion of the population is unbanked.

• Popular mobile payments segments: Prepaid top-ups are the most popular form of mobile payments, followed by bill payments, money transfers and billing on behalf of app stores.

• Anticipated conflict with finance organizations: Only 42% of respondents overall believed operators were bound to engage in conflict with banks and credit-card companies over mobile payments, although responses differed considerably across the selected markets: In Australia, only 25% of respondents agreed there would be conflict, 33% in India, 50% in Thailand and 90% in Vietnam.


Contact Details

Company Name: Hanmer Msl
Issued By: Hanmer
Phone: 020 2566 7301
Address: Deep Bubglaw Chowk Pune
City: .
State: .
Zip: 788016
Country: United States
Website: Visit the website

Keywords : Survey shows, growing importance, Asia Pacific, mobile operators,

by Hanmer (few years ago!)

Latest Press Releases

The Mad Hatter Now Offer a Full Line of Hearth Products and Full Line of Grills

Diabetes Insulin Delivery Pens Market Research Report 2018

Dr Kapadia Provides Tips to Patients Interested in Hair Transplant Procedures

love vashikaran specialist

Solar Blanket Sales Market Report 2018

Spring Bottled Water Market Insights, Forecast to 2025

Biochemical Incubator Sales Market Report 2018

Quinine Sulphate Sales Market Report 2018

Automotive Chassisc System Market Insights, Forecast to 2025

2,6-Dicarboxypyridine market size in key regions like North America, Europe, Asia Pacific an..

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.