United States Mobile Virtual Network Operator (MVNO) Market 2022 Strategic Assessment - Verizon Communications Inc., AT&T Corporation, T-Mobile USA, INC, Cricket Wireless LLC

Market Insights Reports has added new statistical data to its repository titled as, Global United States Mobile Virtual Network Operator (MVNO) Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The United States Mobile Virtual Network Operator (MVNO) market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The United States Mobile Virtual Network Operator (MVNO) Market was valued at USD 13.15 billion in 2020, and it is expected to reach USD 16.24 billion by 2026, registering a CAGR of 3.5% during the forecast period (2021-2026). 

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Top Key Players in the Global United States Mobile Virtual Network Operator (MVNO) Market is Verizon Communications Inc., AT&T Corporation, T-Mobile USA, INC, Cricket Wireless LLC., Xfinity Mobile (Comcast Corporation), DISH Network L.L.C. (Boost Mobile LLC), TracFone Wireless, Inc. (Straight Talk), Republic Wireless, Inc., FreedomPop, Inc., Consumer Cellular, Inc., and others. 

Industry News and Update:

- July 2020 - Cricket Wireless announced the launch date for 5G wireless. On August 21st, customers can activate 5G service on the network. Cricket's first 5G device to become available for purchase will be the Samsung Galaxy S20+ 5G. Cricket's USD 40 plan got more data, and its USD 55 unlimited plan got a speed boost.

- May 2020 - Comcast launched new data plans with 5G services included free, regardless of how customers choose to pay for their data, whether it's unlimited or by the gig. Comcast is offering 5G on all its Xfinity Mobile plans. Xfinity Mobile is Comcast's mobile virtual network operator (MVNO) service that rides on Verizon's network.

Key Market Trends:

Rising Demand for Efficient Cellular Network is Expected to Drive the Market

- The rising demand for an efficient cellular network is a significant factor driving the need for MVNOs in the market. Growing internet and smartphone penetration and the need for high speed around the globe, are forcing customers to opt for the most efficient network operator. The growing number of connected devices, machine to machine communication, cloud, IoT, Industry 4.0 and edge computing, among others, are some of the market trends that are making it necessary to adopt high speed and efficient networks. Also, factors such as the increasing use of advanced devices and increasing network speed have led to high growth in the use of data applications such as video streaming and internet browsing in the United States.
- Owing to the digital transformation in the United States, its is expected that MVNOs would target IoT and machine-to-machine (M2M) and connectivity. These providers would aid in expanding out-of-the-box connectivity bundled in with devices and other services in the everything connected world: vehicles, medical devices, wearables, industrial equipment, etc. The data transmitted during the M2M connection is very low due to which the IoT device providers tend to prefer operators who could provide attractive pricing and packages. MVNOs, due to their business model, are best suited to serve this industry and will further increase their penetration in this segment in the future.
- The United States is witnessing a significant rise in connected devices. Network operators such as AT&T and T Mobile in their annual reports mentioned vital subscribers to these devices. AT&T reported 30% of its total subscribers in 2018 were for the connected devices. The country has seen the highest penetration of these connected devices in recent years and holds a considerable chunk in the North American market for the number of IoT devices. According to the GSMA, the number of IoT connections in North America is expected to grow to 5.9 billion by 2025. According to the American Tower Corporation, in 2019, there were an estimated 815 million mobile-connected devices in the United States.

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This Global United States Mobile Virtual Network Operator (MVNO) Market report addresses:

– The Market size from 2016-2021

– Expected market growth until 2026

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead the market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place.                              

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