#mobilevirtualnetworkoperator

The global mobile virtual network operator market size is expected to reach USD 137.31 billion by 2030, registering a CAGR of 7.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing demand for data services and an increasing number of mobile users across the globe are expected to drive market growth. In addition, the growing number of services such as Machine to Machine (M2M), cloud, and mobile money is further anticipated to drive demand for mobile virtual network operator (MVNO) over the forecast period.

Mobile Virtual Network Operator Market Report Highlights

The discount segment is expected to register the highest market share in terms of revenue, growing at a CAGR of 7.4% from 2023 to 2030. High competition among MVNO service providers to provide better and low-cost services coupled with the growing consumer preference for services offered at a discount is expected to drive the demand for the discount segment over the forecast period

The 5G MVNO segment is expected to grow at the highest CAGR of over 10% over the forecast period, owing to increased data speed, flexible pricing, and network capacity, enabling improved user experience

The prepaid MVNO segment is expected to grow at the highest CAGR of around 7% over the forecast period; the high user base of prepaid customers in rising economies such as India is expected to be the backbone for the growth of the prepaid MVNO segment

The consumer segment is projected to dominate the market in 2022 and is expected to maintain its dominance over the next seven years. This growth can be attributed to MVNOs providing customer-centric offerings such as affordable data, voice plans, and the latest technology

Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growing demand for an efficient cellular network coupled with the increasing speed of mobile broadband is expected to propel the growth of MVNOs in the Asia Pacific region 

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The growing demand to access mobile applications, social media, and multimedia services is further expected to propel the growth of MVNOs in the market over the forecast period. The declining prices of smartphones are contributing to the accelerating subscriber penetration across the globe and are expected to fuel the growth of the MVNO. Furthermore, increasing partnerships formed by key players for providing high-speed data services to consumers is anticipated to drive market growth over the forecast period.

Favorable government guidelines for MVNOs allow them to access the Single Wholesale Network (SWN) and the mobile operator networks and eliminate national roaming charges. This is expected to drive the market's growth over the forecast period. The surging government initiatives, such as the Digital Single Market (DSM) strategy, to remove copyright issues and geo-blocking concerns and offer better network service access for European consumers, are expected to drive the market's growth over the forecast period.

The global mobile virtual network operator market size is expected to reach USD 94.82 billion by 2025 registering a CAGR of 7.6%, according to a new report by Grand View Research, Inc. This MVNO market growth can be attributed to the growing demand for data services and increasing number of mobile users across the globe. In addition, increasing number of services, such as cloud, Machine to Machine (M2M), and mobile money, are further expected to drive demand for MVNOs over the forecast period.

Extensive usage of mobile applications, social media platforms, and multimedia services is also expected to propel the market growth. Declining prices of smartphones are boosting the number of subscribers across the globe. This factor is further expected to fuel market growth in the years to come. Rising number of partnerships by key companies for providing high-speed data services is anticipated to augment the MVNO market development.

Favorable government guidelines for MVNOs that allow them to access the Single Wholesale Network (SWN) and the mobile operator networks, as well as eliminate national roaming charges are expected to drive the growth further. Government initiatives, such as the Digital Single Market (DSM) strategy, to eliminate copyright issues and geo-blocking problem and to provide better network service access in Europe is expected to help boost market development.

Presence of a large number of companies has led to intense market competition forcing companies to offer mobile services at cheaper rates. This is also expected to spur market growth. The MVNO model is considered cost-effective and time-efficient to enter in the telecom market to benefit the customers. This is expected to provide potential opportunities for new entrants over the next few years.

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Further key findings from the study suggest:

The discount     segment is expected to register the highest market share, in terms of     revenue, growing at a CAGR of 7.2% from 2019 to 2025

Intense     competition among MVNO service providers to offer better and low-cost     services is expected to drive the discount segment growth

Service     operator is expected to register the highest growth rate from 2019 to 2025     as it provides various service platforms, such as voicemail and missed     call notification

Consumer is     projected to be the dominant segment over the forecast period due to the     availability of MVNOs that provide customer-centric offerings, such as     affordable data and voice plans and latest technology

North     America led the market in the past and is anticipated to expand further     reaching at USD 37.28 billion by 2025

Growing     demand for an efficient cellular network coupled with increasing speed of     mobile broadband are factors positively impacting the market growth in     North America

Key industry     participants include AirVoice Wireless; Boost Mobile LLC; Asahi Net; CJ     HelloVision Co. Ltd.; Exetel; Cyfrowy Polsat SA; FreedomPop; 7-Eleven     Speak Out Wireless; Freenet AG; Japan Communications, Inc.; and FirmTel

See More Reports of This Category: https://www.grandviewresearch.com/industry/communication-services

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