Global MVNO Market Projected to Surpass Valuation of USD 91.18 Bn by 2023 End

 Mobile virtual network operators are bound to bring a significant change in the present mobile market. The global market discussion on MVNO can be found in the latest study added to the vast repository of Market Research Hub (MRH). The report is titled “Global MVNO Market (2018-2023)”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. For a clear understanding of the market, the geographical segmentation is also included in the report which analyzes the scope of the market in different regions including North America, Europe, Asia Pacific, Middle East & Africa and South America.

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In the initial section, the readers can gain knowledge about the research highlights and key research objectives. This report comprises a supervisory summary that gives a market snapshot conveying information about major segments. Presently, the MVNO operator business model and strategies are evolving with the changes in the industry dynamics and regulatory evolution. Mobile virtual network operators (MVNO) resell wireless network communication services by using the infrastructure, licenses owned by a mobile network operator (MNO). According to the study projections, the global mobile virtual network operator market is expected to reach USD 91.18 Bn by 2023 expanding, at a CAGR of 6%.

Moreover, the research highlights opportunities present in the market by focusing on some of the prime regions. For each regional segment, the market size for future years has been analyzed which is based on revenue and market development between 2017 and 2023. As per the research evaluations, proper identification of emerging niche telecom markets through innovative marketing channels which are beyond the reach of MNOs is expected to drive the MVNO market in that region. Segment-targeted pricing strategies and creative distribution strategies by the players of this industry in developed countries are also expected to drive the growth of the MVNO market worldwide.

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Apart from regional insights, the research broadly categorizes on the basis of model and type of service. By model, the study covers branded reseller, service provider, and light MVNO. By type of service, the study covers data and voice. It has been further analyzed that technical flexibilities will be a significant factor to the growth of this market. The year on year growth in the number of new telecom subscribers is expected to slow down extensively during the forecast period, because of the maturity of the telecom market.

Finally, the report profiles the major players functioning in the MVNO market. They are Boost Mobile, Virgin Mobile USA, Red Pocket Mobile, Lebara Group, Tracfone Wireless, Inc, Globecomm Systems, Inc, Drillisch Telecom, Tesco Mobile Ltd, KDDI Mobile, and PosteMobile.

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This release was published on openPR.