Mobile Virtual Network Operator (MVNO) Market in Europe is Projected to Gain Majority of Industry Share of Around 45% by 2024 |Key Players are Asda, BT, Truphone, AT&T, Etisalat, MTN, SK Telecom, Sprint, Three., Verizon, Vodafone

The Europe mobile virtual network operator (MVNO) 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.

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Mobile virtual network operator (MVNO) market has been gaining extensive recognition in recent times, in sync with the evolving business models in a hyper connected digital realm. The progressive pathway carved by mobile virtual network operator (MVNO) market is vividly evident from the recorded share of USD 55 billion in 2017. Even nearly half a decade back, MVNOs were mostly associated with B2C (business-to consumer) services, and the marketplace has experienced many ups and downs with economic forces and consumer preferences. Now, close to the termination of three decades since its onset in 1990’s, with the influx of huge data in IT infrastructure, the industry is observing lucrative opportunities from the B2B space.

The key players covered in this study: -
1. Asda
2. BT
3. China Mobile International Limited
4. Cricket Wireless
5. TalkTalk
6. TracFone Wireless
7. Truphone
8. América Móvil
9. AT&T
10. China Mobile International Limited
11. Etisalat
12. MTN
13. O2 (Telefónica UK)
14. Orange
15. SK Telecom
16. Sprint
17. T-Mobile
18. Telefónica
19. Deutsche Telekom
20. Three.
21. U.S. Cellular
22. Verizon
23. Vodafone

MVNO Market, By Business Model
• Full MVNO
• Light MVNO
• Service Provider MVNO
• Branded Reseller

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Lately, as it has been observed, mobile virtual network operator (MVNO) market is remnant of encouraging initiatives by renowned biggies who have been constantly collaborating with vendors to extend the service network. In this regard, it is important to take note that product and price differentiation are the major parameters where the mobile virtual network operator (MVNO) market players are focusing on to win a competitive edge. Mentioned below is a gist of some of the latest contributions by companies making an impact on the mobile virtual network operator industry landscape.

As per estimates, business transactions on internet (both B2B and B2C services) by the end of 2020 would be more than 400 billion per day. As enterprises seek to add extra value to their business models with consumers expecting more seamless and customized real time connectivity, mobile virtual network operator (MVNO) market is certain to chart a profitable roadmap in the years ahead.

In the light of the recent scenario, it is vividly conspicuous that MVNOs have become integral vertical in leading companies worldwide. While cable companies are vying with one another to unlock its potential in fixed mobile convergence, some retailers are transiting into mobile virtual network operator (MVNO) market in a bid increase their profit margin. With companies and modern business models seeking to explore new avenues of cost-effective and customer-centric approach, mobile virtual network operator (MVNO) market is sure to mark an escalation in terms of revenue streams. Global Market Insights, Inc. forecasts the overall business space to exceed a valuation of USD 120 billion by 2024.

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Corporate Sales, USA
Global Market Insights, Inc.
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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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