Press release
Mobile Virtual Network Operators (MVNO) Market Outlook on Key Growth Trends, Factors and Forecast 2032
Mobile Virtual Network Operators (MVNO) Market size was valued at USD 76,015.4 million in 2022 and is estimated to expand at a CAGR of 7.7% from 2023 to 2030.Mobile virtual network operators (MVNOs) are wireless service providers who do not own network infrastructure and instead purchase network capacity from existing MNOs in order to provide services to their customers. They operate in a variety of formats, including full MVNO, reseller, service operator, and so on. Mobile virtual network operators target certain market niches and offer tailored plans to them. They provide lower rates and more benefits than mobile network operators (MNOs) because there is no need for a large workforce or major investment to construct and maintain networks.
Market Trends:
The growing need for communication-based services with improved network infrastructure is driving the global mobile virtual network operator (MVNO) industry. Also, the raising popularity of digital services, including cloud-based solutions, machine-to-machine (M2M) transactions, mobile money, etc., is operating as another key growth-inducing driver. Aside from that, the introduction of several creative government policies, such as the European Union's Digital Single Market (DSM) plan, which aims to improve network service access for consumers and promote digital services across Europe, is boosting demand for MVNOs. Furthermore, the introduction of numerous legal frameworks that allow MVNOs and MNOs to coexist is improving the worldwide market outlook. Apart from this, the growing demand for cost-effective cellular network services for day-to-day requirements like OTT streaming, video conferences, online gaming, etc., is further driving the expansion of the MVNO market. Furthermore, advances in LTE infrastructures, which include services like as VoLTE, ViLTE, and VoWiFi, are having a beneficial impact on the global market. Many other factors, such as the growing use of embedded SIM cards and significant investments in 5G MVNO technology to provide effective communication services with low latency, are likely to boost the global mobile virtual network operator (MVNO) market over the projection period.
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Global Mobile Virtual Network Operators (MVNO) Market: Segmentations
Global Mobile Virtual Network Operators (MVNO) Market: Major Players
Virgin Mobile
RedPocket Mobile
AT&T Inc.
Lycamobile Group
Telefonica, S.A.
Sprint Corporation
AirVoice Wireless
Truphone Limited
Citic Telcom International Holding Limited
Verizon Wireless Inc.
TracFone Wireless, Inc.
T-Mobile International AG
Global Mobile Virtual Network Operators (MVNO) Market: By Types
Full MVNO
Service Operator MVNO
Reseller MVNO
Global Mobile Virtual Network Operators (MVNO) Market: By Applications
Consumer
Business
Other
Global Mobile Virtual Network Operators (MVNO) Market: Regional Analysis
The countries covered in the regional analysis of the Global Mobile Virtual Network Operators (MVNO) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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• Market segmentation based on qualitative and quantitative analysis, taking into account both economic and non-economic aspects.
• Data on market value (in US dollars) for each section and sub-segment
• Identifies the area and market segment anticipated to experience the quickest growth and hold the majority of the market.
• Analysis by geography showcasing product/service usage in the region and highlighting the market dynamics affecting each region.
• A competitive landscape that takes into account recent service/product launches, collaborations, company expansions, and acquisitions by the companies profiled, as well as the market share of the leading players.
• Comprehensive company profiles for the top players in the industry, including business overviews, corporate insights, product benchmarking, and SWOT analyses
• The industry's future market forecast in light of recent changes, including growth possibilities, drivers of growth, and obstacles present in both developing and emerging economies.
• Comprises a thorough examination of the market from a number of angles using Porter's Five Forces analysis.
• Offers market knowledge across the Value Chain
• The current market dynamics scenario and future market expansion prospects
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Frequently Asked Questions About This Report
• How big is the mobile virtual network operator market?
• What is the mobile virtual network operator market growth?
• Which segment accounted for the largest mobile virtual network operator market share?
• Who are the key players in mobile virtual network operator market?
• What are the factors driving the mobile virtual network operator market?
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