Global MVNO(Mobile Virtual Network Operator) Market Grows by 6% CAGR, Reach US$ 91.18 billion by 2023

The Global Mobile Virtual Network Operator Market is expected to reach USD 91.18 Billion by 2023 expanding, at a CAGR of 6%. Mobile virtual network operators (MVNO) resell wireless network communication services by using the infrastructure, licenses owned by a mobile network operator (MNO). The model benefits both the MVNO and MNO.

MNO have extra unused network bandwidth which they provide at a lower price to a MVNO, to make optimum use of the network bandwidth. The MVNOs then offer these services to its customers.

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Company Network: “The key players in the Global MVNO market are Boost Mobile, Virgin Mobile USA, Lebara Group, Tracfone Wireless, Inc, Red Pocket Mobile, Tesco Mobile Ltd, Globecomm Systems, Inc, Drillisch Telecom, KDDI Mobile, and PosteMobile.”

The MVNO operator business model and strategies are evolving with the changes in the industry dynamics and regulatory evolution. The players are shifting from the discount-based approach to a value-added service with a focus on product innovation. Balancing cost and product differentiation are expected to have a significant impact on the current business model around the forecast period.

The second brand and branded reseller business models are expected to witness faster growth in the developed region, such as Western Europe and North America, where the MVNO market reached more than 30% penetration in selected countries by 2015.

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Technical flexibilities are expected to be the significant factor driving the growth of this market. The year on year growth in the number of new telecom subscribers is expected to slow down considerably during the forecast period, because of the maturity of the telecom market. However, the growing demand for mobile internet in developing countries is expected to provide significant growth opportunities for vendors during the forecast period. The presence of more than 1,000 MVNOs globally in 2016, together accounted for around 10% of mobile subscribers

Key Points covered:

1. Overview of the Global MVNO market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the global MVNO market, by model: - branded reseller, service provider, and light MVNO and by type of service: data and voice.
4. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) MVNO service subscription forecast for the global MVNO market.
6. Market trends in the global MVNO market.
7. Market drivers and challenges in global MVNO market.
8. Analysis of company profiles of major players operating in the market.

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