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Mobile Virtual Network Operator Market Analysis By MVNO & MNO Company profiles: Boost Mobile, BT Mobile, CJ HelloVision, Consumer Cellular, Cricket Wireless, The Phone House Telecom, Exetel, FreedomPOP, Freenet AG, GiffGaff, KDDI Corporation, Lycamobile G
Mobile Virtual Network Operator (MVNO) Market
The MVNO market in Europe is set to register CAGR of over 45% from 2018 to 2024 owing to presence of a large number of companies in the region. Technological advancements, such as virtualization, digitization, and eSIM technology, are allowing the companies to provide innovative products and services.
APAC mobile virtual network operator market exceeded USD 8 billion in 2017 and is anticipated to grow at exponential CAGR to 2024 led by development of telecom infrastructure, increasing data traffic, growing smartphone penetration, healthy investment climate, favorable regulatory framework and increasing adoption of 3G & 4G services.
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Business Model Segment Analysis –
Light MVNO business model will grow at 12.5% CAGR in the forecast period driven by 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.
Full mobile virtual network operator business model surpassed USD 25 billion in 2017 and is set to witness healthy gains to 2024 as small companies are becoming increasingly inclined toward expanding the businesses. The business model allows the companies the generation of new revenue streams from untapped segments such as rural areas.
Competitive Market Analysis –
The major industry players in the mobile virtual network operator market include Boost Mobile, BT Mobile, CJ HelloVision, Consumer Cellular, Cricket Wireless, The Phone House Telecom, Exetel, FreedomPOP, Freenet AG, GiffGaff, KDDI Corporation, Lycamobile Group, Polkomtel, Talktalk, Tracfone Wireless, Truphone, Voiceworks, América Móvil, AT&T, China Mobile International, Etisalat, MTN, NTT DoCoMo, Orange, SK Telecom, Sprint, T-Mobile, Telefonica, Tesco Mobile, Three., U.S. Cellular, and Verizo.
Other notable MVNO market companies are AirVoice Wireless, Anywhere Sim, Best Cellular, Boom! Mobile, ChatSIM, Dataxoom, Eco Mobile, Japan Communications, Net10, Ortel Mobile, Red Pocket Mobile, ROK Mobile, Sipgate Wireless, O2, Telekom, Virgin Mobile, and Vodafone.
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Market Revenue Estimation –
Global MVNO Market valued USD 55 billion in 2017 and is projected to reach USD 120 billion by 2024; growing at 12% CAGR.
Market Growth Drivers –
1. Growing number of mobile subscribers and penetration of smartphones across the globe
2. Increasing demand for low-cost calling and data services
3. Increasing adoption of these services in retail sector
4. Increasing number of business subscribers
5. Growing business expansion and revenue generation opportunities for the network operators
6. Growing competition amongst MNOs in the U.S.
7. Penetration and adoption of 5G services in Europe
8. Increasing adoption of IoT in Germany
9. Improving service & network capabilities in Asia Pacific
10. Increasing B2B opportunities in China
11. Increasing number of wireless subscribers in China and India
Browse key industry insights spread across 300 pages with 216 market data tables & 66 figures & charts from the report, “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” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/mobile-virtual-network-operator-mvno-market-report
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