The ****** Mobile Virtual Network Operator (MVNO) Market is expected to display higher growth rate over the next seven years. Rapid surge in the mobile virtual network operators industry is credited to increasing demand for data and value-added services such as live streaming and mobile commerce-based services. In addition, rising smartphone penetration worldwide and increasing mobile subscriber base are projected to foster the growth of mobile virtual network operator market over the forecast period.
Globally, the mobile virtual network operator (MVNO) industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.
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Mobile virtual network operators are responsible for catering various customer demand by providing them with high speed and cost effective services. Mobile virtual network operators does not own the telecom infrastructure or license to use radio frequencies. These factors are expected to boost market growth over the forecast period. However, presence of several market players and introduction of cost cutting services in the market are anticipated to limit industry growth to a certain extent.
Development of advanced network services such as machine-to-machine (M2M) transaction and mobile money is projected to propel market growth over the coming years. The recent technological advancements in telecom sector and integration of various cloud services are estimated to fuel the market demand over the next few years. Introduction of cost efficient mobility options such as lifestyle, entertainment, and productivity to increase revenue generation are key market trends in the past few years.
Mobile Virtual Network Operator (MVNO) Type Outlook (Revenue, USD Billion, 2014 – 2025)
Mobile Virtual Network Operator (MVNO) Operational Model Outlook (Revenue, USD Billion, 2014 – 2025)
- Full MVNO
- Reseller MVNO
- Service Operator MVNO
The key players in the MVNO industry are Lebara Group B.V., Lyca Mobile Group, TalkMob Co., Giffgaff Inc., Poste Mobile Corp., CITIC Telecom International Holding Ltd., Telefonica S.A., Verizon Communications Inc., Virgin Mobile LLC, and Tracfone Wireless, Inc.
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The mobile virtual network operators market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in telecommunication sector, modernization of existing telecommunication infrastructure, surge in number of research & development activities in the region and existence of well-established telecom infrastructure.
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