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IoT MVNO Market worth $9.69 billion by 2030, growing at a CAGR of 17.94% - Exclusive Report by 360iResearch
IoT MVNO Market | 360iResearch
The Global IoT MVNO Market to grow from USD 3.05 billion in 2023 to USD 9.69 billion by 2030, at a CAGR of 17.94%.
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The IoT MVNO market comprises specialized telecommunication service providers catering to the unique communication and connectivity needs of IoT devices and applications without owning physical network infrastructure. These operators primarily offer M2M connectivity services, network management solutions, data analytics, and value-added services across various industries. IoT MVNOs serve numerous application areas such as smart cities, connected cars, healthcare, industrial automation, energy management, consumer electronics, logistics & transportation, and agriculture. The rising adoption of digitization and digital payment services across organizations and the increasing adoption of IoT devices across various industries contribute to the growth of the IoT MVNO market. Moreover, continuous technological advancements in cloud and virtualization fuel market expansion. However, the high cost of installation and Interoperability and scalability issues with IoT MVNOs limit this market's growth. Potential opportunities within the market include leveraging emerging technologies, including 5G, NB-IoT, and LPWAN, to develop new IoT MVNOs and emerging applications across the healthcare and retail sectors. In addition, leveraging artificial intelligence (AI) and machine learning (ML) techniques for efficient network management, predictive analytics, and service provisioning is expected to help enhance customer experience.
The IoT MVNO market in the Americas is driven by established players offering specialized solutions for various industries. The US dominates the market in North America owing to its technological advancements and widespread adoption of IoT devices across consumer and industrial sectors. Additionally, government regulatory support and partnerships between major carriers have fueled growth in this region. Latin America's IoT MVNO landscape is also evolving rapidly due to increasing awareness regarding the benefits of connected devices among businesses and consumers. EMEA represents a diverse region with varying maturity levels regarding IoT adoption and robust infrastructure-supportive regulations such as GDPR. Moreover, several European countries such as France, Germany have implemented national strategies to promote IoT adoption, with Industry 4.0 initiative. In contrast, the Middle East and Africa markets present enormous growth potential despite their nascent stage. Investment in digital infrastructure and government support for smart city initiatives attract global IoT MVNOs to expand their regional presence. The APAC region is experiencing considerable growth in the IoT MVNO landscape, driven by increasing urbanization, rising disposable income levels, and rapid technological advancements. Countries including China, Japan, South Korea, and India have become hubs for IoT innovation due to substantial investments from both public and private sectors. However, the APAC market also presents challenges such as the digital divide among countries; while developed nations such as Japan or Singapore boast advanced connectivity infrastructure, emerging economies such as Indonesia or Vietnam need more resources and connectivity issues.
Market Segmentation & Coverage:
This research report categorizes the IoT MVNO Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Operational Modal, market is studied across Full MVNO, Reseller, and Service Operator. The Full MVNO is projected to witness significant market share during forecast period.
Based on Subscribers, market is studied across Consumer and Enterprise. The Enterprise is projected to witness significant market share during forecast period.
Based on Enterprise Size, market is studied across Large Enterprise and Small & Medium-Sized Enterprise. The Small & Medium-Sized Enterprise is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Agriculture, Energy & Power, Healthcare, Manufacturing, and Transportation & Logistics. The Manufacturing is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.85% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the IoT MVNO Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the IoT MVNO Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the IoT MVNO Market, highlighting leading vendors and their innovative profiles. These include 1NCE GMBH, 1oT OÜ, Aeris Communications, Inc., Asahi Net, Inc., Belgacom International Carrier Services SA/NV, Cubic Telecom, DataXoom, DISH Wireless L.L.C, Hologram, Inc., KDDI Corporation, KORE Wireless Group, Inc., Lebara BV, Onomondo ApS, Sierra Wireless by Semtech Corporation, Soracom Global, Inc., Telit, Tesco Mobile Limited, TP Global Operations Limited, and Twilio Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. IoT MVNO Market, by Operational Modal
7. IoT MVNO Market, by Subscribers
8. IoT MVNO Market, by Enterprise Size
9. IoT MVNO Market, by End-User
10. Americas IoT MVNO Market
11. Asia-Pacific IoT MVNO Market
12. Europe, Middle East & Africa IoT MVNO Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the IoT MVNO Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the IoT MVNO Market?
3. What is the competitive strategic window for opportunities in the IoT MVNO Market?
4. What are the technology trends and regulatory frameworks in the IoT MVNO Market?
5. What is the market share of the leading vendors in the IoT MVNO Market?
6. What modes and strategic moves are considered suitable for entering the IoT MVNO Market?
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About 360iResearch
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