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Mobile Virtual Network Operator (MVNO) Market 2018 In-Depth Analysis of Industry Share, Size, Growth, and Key Players like Consumer Cellular, Drillisch Telecom, FreedomPOP, GiffGaff, Lyca Mobile, Red Pocket Mobile, Talktalk

08-30-2018 04:31 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

Mobile Virtual Network Operator (MVNO), Mobile Virtual Network Operator (MVNO) Market, Mobile Virtual Network Operator (MVNO) Mark

Mobile Virtual Network Operator (MVNO), Mobile Virtual Network Operator (MVNO) Market, Mobile Virtual Network Operator (MVNO) Mark

Market Study Report recently introduced new title on “2018-2024 Global Mobile Virtual Network Operator (MVNO) Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

Mobile Virtual Network Operator (MVNO) Market is projected to surpass USD 120 billion by 2024.

The growing penetration of smartphones and increasing need for data are propelling the industry growth. According to the United Nations, approximately 3.5 billion people were using internet by the end of 2016 across the globe. With growing urbanization, the population using the internet is increasing rapidly, increasing the data traffic exponentially. The increasing number of subscribers is encouraging MNOs to seek aid from the virtual service providers, increasing the MVNO market growth.

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Top Manufacturers in global market are given bellow:
Boost Mobile, Consumer Cellular, Drillisch Telecom, FreedomPOP, GiffGaff, Lyca Mobile, Red Pocket Mobile, Talktalk, Truphone, and Straight Talk.

Mobile Virtual Network Operator (MVNO) Market Size By Business Model (Full MVNO, Light MVNO, Service Provider, Branded Reseller), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Belgium, Netherlands, China, Japan, South Korea, India, Taiwan, Malaysia, Singapore, Australia, Brazil, Mexico, Colombia, Chile, Argentina, Saudi Arabia, UAE, Qatar, South Africa, Nigeria, Kenya), Growth Potential, Competitive Market Share & Forecast, 2018 - 2024

The growing penetration of smartphones and increasing need for data are propelling the industry growth. According to the United Nations, approximately 3.5 billion people were using internet by the end of 2016 across the globe. With growing urbanization, the population using the internet is increasing rapidly, increasing the data traffic exponentially. The increasing number of subscribers is encouraging MNOs to seek aid from the virtual service providers, increasing the MVNO market growth.

The surging demand for low-cost data and calling services will propel the MVNO market growth during the next six years. The growing demand for low-cost data and calling services is encouraging the providers to purchase network services from the network operators at wholesale rates and sell them as refurbished bundled services at new rates. These providers launch services and bundles that are innovative and appeal to the niche customers due to their flexibility. These companies address the requirements of the customers with a range of offerings. Based on price, these providers attract customers, propelling the MVNO market growth. For instance, Mint in the U.S. operates on the network of T-Mobile and offers attractive low-cost plans.

The reduction in the Average Revenue Per User (ARPU) is compelling the companies to offer differentiated services. MNOs are also allowing the virtual operators to buy network capacities and offer customized solutions to the customers to cater to their requirements, propelling the MVNO market. With these services, the companies are increasing their brand loyalty in the low-ARPU scenario.

The Europe MVNO market is expected to hold the majority share of around 45% by 2024 due to the presence of a large number of players in the region. The industry in the region is characterized by regulations such as Roam Like At Home that is strengthening the industry growth in the region and attracting foreign investments. Technological advancements, such as virtualization, digitization, and eSIM technology, are allowing the companies to provide innovative products and services.

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The above information is provided on a regional and country basis for the following:

• North America (U.S., Canada, Mexico)
o Europe (Germany, Italy, UK, France, Austria, Spain, Portugal, Ukraine, Switzerland)
o Asia Pacific (Japan, China, India, South Korea, Australia)
o Latin America (Brazil, Mexico)
o MEA (South Africa, Saudi Arabia)

India MVNO market is expected to witness a significant growth due to the favorable regulatory landscape. In May 2016, on the recommendations from the Telecom Regulatory Authority of India (TRAI), the Department of Telecommunications (DoT) issued guidelines to grant the Unified License for the MVNOs. Under this license, the virtual operators will be treated as extensions of the network operators and allow the virtual operators to enter into agreements with multiple network operators. This will attract an increasing number of players in the industry, propelling growth.

Table of Content
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Commercial Drone Industry Insights
Chapter 4. Competitive Landscape
Chapter 5. Global Mobile Virtual Network Operator (MVNO) Market

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