Global Mobile Virtual Network Operator (MVNO) Market to Reach US$157.2 Billion by 2030
The global market for Mobile Virtual Network Operator (MVNO) estimated at US$105.5 Billion in the year 2024, is expected to reach US$157.2 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2024-2030. Full MVNO, one of the segments analyzed in the report, is expected to record a 6.8% CAGR and reach US$97.4 Billion by the end of the analysis period. Growth in the Service Operator MVNO segment is estimated at 7.7% CAGR over the analysis period.
The U.S. Market is Estimated at US$27.4 Billion While China is Forecast to Grow at 10.3% CAGR
The Mobile Virtual Network Operator (MVNO) market in the U.S. is estimated at US$27.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$37.7 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.4% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.0% CAGR.
Mobile Virtual Network Operator (MVNO) - Key Trends and Drivers
A Mobile Virtual Network Operator (MVNO) is a wireless communication services provider that operates without owning the underlying wireless network infrastructure. Instead of building and maintaining their own network, MVNOs enter into agreements with existing Mobile Network Operators (MNOs) to purchase network services at wholesale rates. These services are then resold to consumers under the MVNO’s brand name. This business model allows MVNOs to launch and offer competitive services with lower initial capital investment compared to MNOs. MVNOs can therefore focus on marketing, customer service, and innovative service plans, often targeting specific market niches such as budget-conscious users, frequent international travelers, or underserved communities. This flexibility enables MVNOs to differentiate themselves through unique offerings, superior customer support, and tailored service packages that meet the diverse needs of their target audiences.
The MVNO market has experienced significant growth and diversification over recent years. One of the notable trends is the increasing number of strategic partnerships between MVNOs and MNOs. These partnerships enable MVNOs to access advanced network technologies, including 5G, which significantly enhance their service capabilities and competitive edge. The advent of eSIM technology has also revolutionized the MVNO landscape by allowing consumers to switch between service providers without the need for a physical SIM card. This technological advancement simplifies the process of changing carriers, thereby encouraging more consumers to explore MVNO options. Additionally, MVNOs are increasingly leveraging data-driven insights to better understand and respond to customer preferences. This trend is facilitated by advancements in big data analytics and customer relationship management (CRM) systems, allowing MVNOs to offer more personalized and relevant services. Another significant development is the entry of non-traditional players into the MVNO space, such as major retailers, technology companies, and media organizations. These entities leverage their established brand equity and customer bases to successfully launch MVNO services, further diversifying the market and increasing competition.
The growth in the MVNO market is driven by several factors. Firstly, the rising demand for affordable mobile services has led consumers to seek out cost-effective alternatives to traditional MNOs, driving the adoption of MVNOs. This trend is particularly evident in regions with high mobile penetration rates and where consumers are highly price-sensitive. Secondly, technological advancements such as 5G and eSIM technology have enabled MVNOs to offer competitive and innovative service plans, making them attractive to tech-savvy consumers who seek high-performance mobile services. Thirdly, the widespread digitalization and proliferation of smart devices have significantly increased the demand for mobile data services, which MVNOs can provide at competitive rates. This has been particularly important in catering to the needs of younger, data-hungry consumers. Additionally, the rise of niche markets and the growing demand for personalized services have prompted MVNOs to offer specialized plans tailored to specific consumer segments, such as elderly users requiring simple and affordable plans, or gamers needing high-speed data with low latency. Lastly, regulatory frameworks in many countries have become more favorable to MVNOs, encouraging market entry and competition. Regulatory bodies recognize the benefits of increased competition, such as lower prices and improved service quality for consumers, and have implemented policies to facilitate the establishment and growth of MVNOs. As a result, the MVNO market continues to expand, driven by a combination of technological innovation, evolving consumer preferences for cost-effective and personalized services, and supportive regulatory environments.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook