The most recent study conducted by Report Ocean, titled “Global Mobile Virtual Network Operator Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Mobile Virtual Network Operator. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Mobile Virtual Network Operator Market is valued at approximately USD 61 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2020-2027. In the present scenario, competition in the Mobile Virtual Network Operator (MVNO) market has transferred from pricing to value-added services and product variation, due to the importance of mobile network operators (MNOs) has grown exponentially in the low-cost cellular services market across developed and emerging nations. MVNO is a sort of GSM (Global System for Mobile communications) based technique in which a mobile operator or a company contracts the spectrum from network operator. Besides, MVNOs are offering multiple benefits and relaxation to their consumers by delivering tourist services and roaming.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
For instance, Lycamobile provides economical international calling to its customers. Apart from this, the market vendors are focused on collaborating with traveler’s communities to provide efficient services to their users, which may promote the market growth worldwide. Furthermore, the rise in penetration of mobile devices is considered as one of the prime factors that drives the market growth. According to GSM Association, the number of unique mobile subscribers surged from 4.66 billion in 2015 to almost 5.59 billion in the year 2019. In addition, it is also assessed that roughly 72% of the world’s population subscribed to a mobile service by the year 2020.
This factor has encouraged the MNOs to utilize MVNOs. Moreover, the rise in focus towards the adoption and investment on 5G technology, along with the escalating demand for efficient cellular networks are the few factors responsible for the high CAGR of the market during the forecast period. For instance, in 2019, the UK government invested a fund of about USD 49.6 million in trials and testbed projects ahead of widespread of 5G rollout in the UK. Similarly, in 2017, the German government invested USD 110 billion to building-out 5G and fiber-optic capacity by 2025. This, in turn, is expected to strengthen the market growth all over the world. However, the lack of awareness and expertise, coupled with intense competition from the organized sector are the few major factors obstructing the market growth over the forecast period of 2020-2027.
The regional analysis of the global Mobile Virtual Network Operator market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the robust growth of telecom sector, followed by the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in investments in 5G projects and the increasing rate of mobile subscribers in developing countries, such as China and India, would create lucrative growth prospects for the Mobile Virtual Network Operator market across the Asia-Pacific region.
Major market player included in this report are:
7-Eleven Speak Out Wireless
AirVoice Wireless
Asahi Net
Boost Mobile LLC
CJ HelloVision Co. Ltd.
Cyfrowy Polsat SA
Drillisch Telecom
Exetel
FreedomPop
Freenet AG
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Business
Machine to machine (M2M)
Media
Retail
Migrant
Others
By Operational Model:
Full MVNO
Reseller MVNO
Service Operator MVNO
By End-Use:
Consumer
Enterprise
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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