"Smart Strategies, Giving Speed to your Growth Trajectory"
The global mobile virtual network operators market size, which was valued at US$ 62.5 Bn in 2017, is projected to reach US$ 113.9 Bn by the end of 2025, exhibiting a CAGR of 7.8%.
As the world is witnessing technology shift, customers are moving towards more fast and reliable networks. In 1993, MVNOs entered in a partnership with Mobile Network Operators (MNOs) to provide wireless communication services to customers. MVNOs are also known as mobile other licensed operators (MOLO) or virtual network operator (VNO). MVNOs does not own wireless network infrastructure. MVNOs offers its services by partnering with mobile network operators (MNOs), which provides bulk access to MVNOs at wholesale rates.
Nowadays, with technological advancements, MVNOs have made an enormous impact by providing their services at low prices, which is increasing their customer base, year-by-year. The Mobile Virtual Network Operators market is a matured market, with many local, regional and international vendors.
Also, MVNOs are providing multiple features and relaxation to their customers by providing traveling or tourist services and roaming. For instance, Lycamobile offers cheap international calling to its users. Also, MVNO vendors are nowadays focused on collaborating with travelers or diaspora communities, to provide efficient services to their customers.
Get comprehensive study about this report by, request a free sample copy
"Increasing mobile phone users is boosting the Mobile Virtual Network Operators market"
The number of mobile phone users is increasing year-by-year, which is directly impacting the growth rate of the market. Many mobile phone vendors are providing decent features at low prices. MVNOs are collaborating with mobile phone manufactures for providing their services to customers at cheap prices. Also, MVNOs are working continuously on packaging and pricing strategies, by which they can attract new customer base in other regions as well.
To get details on market share, speak to analyst
"Digitalization in the banking sector is boosting the Mobile Virtual Network Operators market"
Many developed and developing nations have adopted mobile payment services for safety and better user experiences. Nowadays, banks are using internet connectivity, which enables e-banking, mobile money, e-commerce, and other online payment services. The financial service industry is replacing retailers with MVNOs, which can provide easy and fast transactions with the help of the Internet. Also, many vendors from other industries are adopting online payment services and launching online money transfer services and mobile wallets. These are the primary factors that are boosting the MVNO market.
"Adoption of digitalization in developing countries enables the market to hold the highest CAGR in the Asia Pacific region"
Few countries in the Asia Pacific region are still in the development phase, which is attracting lot of MVNO vendors in the region for business opportunities. Asia Pacific generated revenue of US$ 18.2 Bn in 2017 and is projected to hold prominent CAGR in the global MVNO market during the forecast period. Growth witnessed in the region is likely to increase due to collaborations between key players and mobile phone manufacturers in Asia Pacific. Also, developing countries such as India and China are working continuously on their IT and telecommunication industry, for providing enhanced and efficient services to its population.
North America MVNO Market, 2017
To get geographical overview of this market, request a free sample copy
The report provides qualitative and quantitative insights on the Mobile Virtual Network Operators market and detailed analysis of the market size and growth rate for all possible segments in the market. The market is segmented by operational model, service type, subscriber and by region. On the basis of the operational model, the global market is categorized into reseller MVNO, service provider MVNO, and full MVNO.
Based on the service type, the global MVNO market is segmented into postpaid and prepaid. On the basis of a subscriber, the market is segmented into business and individual/residential. By region, the market is segmented into five major regions which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions are further categorized into countries.
To get information on various segments, share your queries with us
Along with this, the report provides elaborative analysis of the market dynamics and competitive landscape. Various key insights provided in the report are the recent industry developments such as mergers and acquisitions, macro and micro economic factors, and key industry trends and developments.
By Operational Model
By Service Type
The mobile virtual network operators market is estimated to reach US$ 113.9 Bn by 2025 with the increasing in mobile subscription along with adoption of IoT, digitalization and Cloud are boosting the MVNO market . This is cater significant market growth over the forecast period.
The global mobile virtual network operators market is estimated to grow steadily with the CAGR of 7.8% for the forecasted period. The drastic increase in mobile phone user over the period is seen which is boosting the growth and adoption of MVNO market.
The collaborations between key players and mobile phone manufacturers in Asia Pacific is boosting the MVNO market. In the year 2017, the mobile virtual network operators market in Asia Pacific accounted for USD 18.2 Bn.
The mobile virtual network operators market have seen good amount of adoption in the banking sector. Today, providing secures and user friendly payment options are increasing and banks are providing services such ebanking, mobile money, e-commerce, and other online payment services. This is boosting the adoption of mobile virtual network operators services in the market.
The top players in mobile virtual network operators market are Affinity Cellular, FRiENDi Mobile, Globecomm Systems Inc., AMERICA MOVIL SAB DE CV (Tracfone Wireless Inc.), Lycamobile, Project FI (Google LLC). These players accounts for more than 65% of total global mobile virtual network operators market.
e-SIM, Network Function Virtualization (NFV) and Software Defined Networks (SDN), Artificial Intelligence and Machine Learning, Blockchain, among others are the key enanler which are boosting the MVNO market trends. Along with this, 5G deployments are also enabling new MVNO for target specific verticals with solutions.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm