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What are the New Trends and Advancements in the MVNO Market? | Global Key Player: Asda, AT&T, Etisalat, MTN, O2, Orange, SK Telecom, Sprint, T-Mobile, Telefónica, Deutsche Telekom, Three., U.S. Cellular, Verizon, Vodafone

MVNO Market

MVNO Market

Growing number of customers opting for cost-effective services is driving the MVNO market. Companies that offer voice & SMS services, limited data, and inexpensive devices are increasing. These companies are targeting and successfully attracting the price-conscious customers using traditional marketing channels such as physical stores and limited budgets. This allows the companies to generate profits, encouraging the new players to enter the industry.

View Complete Summary : https://www.gminsights.com/industry-analysis/mobile-virtual-network-operator-mvno-market-report

Rising trend of M2M connectivity and IoT is expected to drive the MVNO market with a number of IoT devices in use projected to reach about 20.5 billion by 2020. These devices require connectivity to leverage their full potential, creating opportunities for the players in the industry. High degree of agility and high innovation capabilities of these players make them an attractive option in the IoT connectivity space. Due to this, the players have a tremendous growth potential, particularly in the connected cars and smart cities applications. Companies such as PodM2M, a player in the industry catering to the mission-critical connectivity solutions, are collaborating with industries and institutes to provide customized services. PodM2M provides IoT connectivity to the Trans-African Hydro-Meteorological Observatory (TAHMO) to connect 20,000 weather monitoring stations across the African sub-continent.

MVNO Market, By Business Model

1. Full MVNO
2. Light MVNO
3. Service Provider MVNO
4. Branded Reseller

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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.

The Germany MVNO market has witnessed a significant growth with revenue of around USD 11.0 billion and over 48 million subscribers in 2017. As a part of the consolidation wave in Europe in 2014, the industry witnessed the consolidation of E-Plus and O2, resulting in the price competition. To regulate the competition, the regulators imposed the access of about 30% joint network capabilities to the MVNOs in the country, thus increasing the penetration of these services. Furthermore, the consolidation of 1&1 Telecommunications SE and Drillisch will provide viable growth opportunities to the providers.

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The China MVNO market is expected to grow at CAGR of 16% from 2018 to 2024 with over 59 million subscribers due to the imposition of favorable regulations. In 2014, the Ministry of Industry and Information of China issued 37 MVNO licenses to increase the competition in the mobile sector. In 2018, the government announced the issue of formal licenses to private firms that resell mobile services as virtual networks. The industry in China is characterized by low ARPU and high focus on low-end prepaid users.

Some of the key players in the MVNO market include Asda, AT&T, Etisalat, MTN, O2 (Telefónica UK), Orange, SK Telecom, Sprint,T-Mobile, Telefónica, Deutsche Telekom, Three.,U.S. Cellular, Verizon, Vodafone.

Industry News: -

The MVNO market is characterized by intense competition among the players due to the highly fragmented nature of the industry. Frequent partnerships and collaborations among the companies are witnessed across regions to develop innovative solutions. In Australia, Network Communications and Optus have collaborated to form Charity Mobile, an MVNO that creates a social impact by donating five percent of their bill to charitable organizations. In the UK, Vodafone and O2 have established Green Mobile that allows customers to donate five percent of their bill amount to green charities such as World Land Trust.

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.

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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

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