Cloud-based Value-added Service Market by Type, Function, Application

Description

List of Tables

The Cloud-based Value-added Service Market was valued at USD 379.39 billion in 2023, expected to reach USD 437.63 billion in 2024, and is projected to grow at a CAGR of 16.10%, to USD 1,079.11 billion by 2030.

Cloud-based Value-added Services (VAS) expand traditional telecom services by integrating additional features hosted on cloud platforms, resulting in enhanced customer experiences and operational efficiency. These services include mobile gaming, streaming, cloud storage, mobile advertising, and more, catering to individual consumers and businesses. The necessity arises from the increasing demand for seamless digital experiences, driving telecom operators and enterprises to differentiate themselves in competitive markets. VAS applications extend across various sectors like healthcare, education, entertainment, and retail, with cloud technology ensuring scalability and accessibility.

KEY MARKET STATISTICS
Base Year [2023]	USD 379.39 billion
Estimated Year [2024]	USD 437.63 billion
Forecast Year [2030]	USD 1,079.11 billion
CAGR (%)	16.10%

The market for cloud-based VAS is driven by key factors such as the rapid digitization of services, increasing smartphone penetration, and the growing adoption of cloud computing. The need for real-time data access, coupled with shifts towards remote work and e-learning due to global events, amplifies their demand. Opportunities for growth lie in the integration of artificial intelligence and machine learning to personalize services and improve user engagement. Another potential lies in developing services tailored for IoT ecosystems which are continuously expanding. However, the market faces challenges like data security concerns, regulatory compliance, and the need for substantial infrastructure investment, especially in developing regions where digital transformation is still progressing.

To capture emerging opportunities, businesses should focus on enhancing data analytics capabilities, ensuring secure and compliant service offerings, and forming strategic partnerships with technology providers and telecom operators. There's significant scope for innovation in creating vertically focused VAS products that cater to specific industry needs, such as telemedicine support for healthcare or virtual classrooms for education. Overall, the market's nature is dynamic, with rapid technological advancements dictating the pace of innovation and competition. Remaining agile in this environment requires a focus on customer-centric development and the ongoing assessment of market needs to maintain a competitive edge.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Cloud-based Value-added Service Market

The Cloud-based Value-added Service Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Initiatives to improve internet accessibility and digital literacy
- Proliferation of smart devices and the advent of 5G technology
Market Restraints
- Concerns regarding data security and privacy in the cloud environment
Market Opportunities
- Substantial investments in local cloud service platforms
- Emerging technological innovations in cloud-based value-added services
Market Challenges
- Complexity involved in integrating VAS with existing cloud services and infrastructure

Porter's Five Forces: A Strategic Tool for Navigating the Cloud-based Value-added Service Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Cloud-based Value-added Service Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Cloud-based Value-added Service Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Cloud-based Value-added Service Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Cloud-based Value-added Service Market

A detailed market share analysis in the Cloud-based Value-added Service Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Cloud-based Value-added Service Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Cloud-based Value-added Service Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Cloud-based Value-added Service Market

A strategic analysis of the Cloud-based Value-added Service Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Cloud-based Value-added Service Market, highlighting leading vendors and their innovative profiles. These include Adobe Inc., Alibaba Group, ALSO Holding AG, Amazon Web Services, Inc., Asana, Inc., Atlassian Pty. Ltd., Chief Telecom Inc., Cisco Systems, Inc., Dropbox, Inc., Ericsson Group, Freshworks Inc., Gintel AS, Huawei Cloud Computing Technologies Co., Ltd., HubSpot, Inc., Infosys Limited, International Business Machines Corporation, Intuit Inc., Microsoft Corporation, Okta, Inc., Oracle Corporation, Rackspace Technology Global, Inc., RingCentral, Inc., Salesforce, Inc., SAP SE, and Zoho Corporation.

Market Segmentation & Coverage

This research report categorizes the Cloud-based Value-added Service Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Type, market is studied across Advanced IPS Services, Basic Value-Added Services, Hybrid Cloud VPN Integration Service, and Internet Traffic Monitoring and Management Services.
Based on Function, market is studied across Data Isolation & Immutability, Data Portability & Disaster Recovery, and Optimal Storage Utilization.
Based on Application, market is studied across BFSI, Healthcare, ICT, and Manufacturing.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-9E71DF483B9C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Initiatives to improve internet accessibility and digital literacy
  - 5.1.1.2. Proliferation of smart devices and the advent of 5G technology
- 5.1.2. Restraints
  - 5.1.2.1. Concerns regarding data security and privacy in the cloud environment
- 5.1.3. Opportunities
  - 5.1.3.1. Substantial investments in local cloud service platforms
  - 5.1.3.2. Emerging technological innovations in cloud-based value-added services
- 5.1.4. Challenges
  - 5.1.4.1. Complexity involved in integrating VAS with existing cloud services and infrastructure
5.2. Market Segmentation Analysis
- 5.2.1. Type: Significant usage of advanced IPS services to detect and prevent attacks in real-time
- 5.2.2. Application: Emerging utilization of cloud-based value-added service across the BFSI sector
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Cloud-based Value-added Service Market, by Type

6.1. Introduction
6.2. Advanced IPS Services
6.3. Basic Value-Added Services
6.4. Hybrid Cloud VPN Integration Service
6.5. Internet Traffic Monitoring and Management Services

7. Cloud-based Value-added Service Market, by Function

7.1. Introduction
7.2. Data Isolation & Immutability
7.3. Data Portability & Disaster Recovery
7.4. Optimal Storage Utilization

8. Cloud-based Value-added Service Market, by Application

8.1. Introduction
8.2. BFSI
8.3. Healthcare
8.4. ICT
8.5. Manufacturing

9. Americas Cloud-based Value-added Service Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Cloud-based Value-added Service Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Cloud-based Value-added Service Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Atos Cloud Computing Renews Its Value-Added Telecommunication Services licenses in China
- 12.3.2. Inedys Chooses HPE GreenLake to Power Its Cloud Services Offerings
- 12.3.3. Tech Data Launches Cloud Services In Australia Designed to Offer a Comprehensive Suite of Value-Added Services
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Adobe Inc.
2. Alibaba Group
3. ALSO Holding AG
4. Amazon Web Services, Inc.
5. Asana, Inc.
6. Atlassian Pty. Ltd.
7. Chief Telecom Inc.
8. Cisco Systems, Inc.
9. Dropbox, Inc.
10. Ericsson Group
11. Freshworks Inc.
12. Gintel AS
13. Huawei Cloud Computing Technologies Co., Ltd.
14. HubSpot, Inc.
15. Infosys Limited
16. International Business Machines Corporation
17. Intuit Inc.
18. Microsoft Corporation
19. Okta, Inc.
20. Oracle Corporation
21. Rackspace Technology Global, Inc.
22. RingCentral, Inc.
23. Salesforce, Inc.
24. SAP SE
25. Zoho Corporation