Mobile Virtual Network Operator Market By 2024 Top Key Players: Boost Mobile, Consumer Cellular, Drillisch Telecom, FreedomPOP, GiffGaff, Lyca Mobile, Red Pocket Mobile, Talktalk, Truphone, Straight Talk

Market Overview: -

According to a new research report by Global Market Insights, Inc., Global Mobile Virtual Network Operator (MVNO) Market 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.

Growing need among the players for service differentiation is expected to play a vital role in the MVNO market growth. These companies integrate the products and services provided by the Mobile Network Operators (MNOs) with loyalty programs and financial services. The players are constantly adding innovative products and service bundles to their offerings as the subscribers are demanding service bundles that satisfy most of their mobility requirements. The growing number of lucrative offerings resulting from the increasing competition will drive the industry growth in the next seven years.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/160

Top Key Players: -

Some of the key players in the mobile virtual network operator market are Boost Mobile, Consumer Cellular, Drillisch Telecom, FreedomPOP, GiffGaff, Lyca Mobile, Red Pocket Mobile, Talktalk, Truphone, and Straight Talk.

Market share calculation in this report is not done based on companies covered in it. The calculation of MVNO market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

The Europe mobile virtual network operator 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.

Asia Pacific MVNO market value at nearly USD 8 billion in 2017 is expected to witness a remarkable growth due to the development of telecom infrastructure, increasing data traffic, growing smartphone penetration, and increasing adoption of 3G & 4G services. Healthy investment climate and favorable regulatory framework will propel the industry growth in the region. In January 2018, the Ministry of Industry and Information Technology (MIIT) of China introduced a proposal to issue commercial licenses to the players in the industry including foreign-invested firms.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/160

Partial Chapter of the Table of Content

Chapter 3. MVNO Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Evolution of MVNO business model
3.2.2. MNO industry landscape, 2013 – 2024
3.2.2.1. North America
3.2.2.2. Europe
3.2.2.3. Asia Pacific
3.2.2.4. Latin America
3.2.2.5. MEA
3.2.3. Demographic analysis
3.2.3.1. North America
3.2.3.2. Europe
3.2.3.3. Asia Pacific
3.2.3.4. Latin America
3.2.3.5. MEA
3.2.4. Communication network infrastructure landscape
3.2.4.1. 3G
3.2.4.2. 4G
3.2.4.3. 5G
3.2.5. MVNO success factors
3.2.5.1. Competitive pricing
3.2.5.2. Innovation of services
3.2.5.3. Tariff and packaging flexibility
3.2.5.4. Targeting niche markets
3.2.5.5. Promotions and regional schemes
3.3. Industry ecosystem analysis
3.3.1. Mobile network operators
3.3.2. Network providers
3.3.3. Enablers
3.3.4. Service providers
3.3.5. Resellers
3.3.6. Vendor matrix
3.4. Technology roadmap
3.4.1. Multi-tenancy
3.4.2. Billing and revenue management
3.4.3. Analytics
3.4.4. Integrated CRM
3.4.5. Interconnectivity methods
3.4.5.1. Access control protocol
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. ARPU analysis
3.6.1. North America
3.6.2. Europe
3.6.3. Asia Pacific
3.6.4. Latin America
3.6.5. MEA
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Growing number of mobile subscribers and penetration of smartphones across the globe
3.7.1.2. Increasing demand for low-cost calling and data services
3.7.1.3. Increasing adoption of these services in retail sector
3.7.1.4. Increasing number of business subscribers
3.7.1.5. Growing business expansion and revenue generation opportunities for the network operators
3.7.1.6. Growing competition amongst MNOs in the U.S.
3.7.1.7. Penetration and adoption of 5G services in Europe
3.7.1.8. Increasing adoption of IoT in Germany
3.7.1.9. Improving service & network capabilities in Asia Pacific
3.7.1.10. Increasing B2B opportunities in China
3.7.1.11. Increasing number of wireless subscribers in China and India
3.7.2. Industry pitfalls & challenges
3.7.2.1. Reducing profit margins
3.7.2.2. Low service quality and prioritization by MNOs
3.7.2.3. Growing competition and increasing need to invest in marketing
3.7.2.4. Low quality of P2P services due to lack of retail infrastructure in Asia Pacific
3.7.2.5. Lack of readiness of MNOs in Latin America and MEA
3.8. Growth potential analysis
3.9. Porter's analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Internal rivalry
3.10. Competitive landscape, 2017
3.10.1. North America
3.10.2. Europe
3.10.3. Asia Pacific
3.10.4. MEA
3.10.5. Key differentiators
3.11. PESTEL analysis

Browse Full Report @ https://bit.ly/2M0X8PU

These companies address the requirements of the customers with a range of offerings. Based on price, these providers attract customers, propelling the mobile virtual network operator market growth. For instance, Mint in the U.S. operates on the network of T-Mobile and offers attractive low-cost plans.

The light MVNO market is anticipated to witness growth at over 12.5% due to the increasing adoption and consumer focus on low-cost services. The business model requires low investment, allowing a large number of players with low budgets to enter the industry. Also, the players with this business model can focus on niche customer segments that are difficult for an MNO to address. Increasing demand for customized offerings will provide growth opportunities to the light MVNO market.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.