Mobile Virtual Network Operator (MVNO) Market Report by Type (Media and Entertainment, Discount, Business, Cellular M2M, Migrant, Retail, Telecom, Roaming), Operational Model (Reseller MVNO, Service Operator MVNO, Full MVNO), Service Type (Postpaid, Prepaid), Subscribers (Business, Individual/Residential), and Region 2024-2032
The global mobile virtual network operator (MVNO) market size reached US$ 78.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 139.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2024-2032.
Mobile virtual network operators (MVNOs) refer to the wireless services providers that do not own the network infrastructure but instead buy network capacity from existing MNOs to deliver services to their users. They work on various operational modes such as full MVNO, reseller, service operator, etc. Mobile virtual network operators focus on specific segments in the market, offering customized plans for them. Compared to mobile network operators (MNOs), they provide lower prices and greater advantages because there is no need for a sizable workforce or significant investment to create and maintain networks.
Mobile Virtual Network Operator (MVNO) Market Trends:
The inflating need for communication-based services with better network facilities is primarily driving the global mobile virtual network operator (MVNO) market. Additionally, the elevating popularity of digital services, including cloud-based solutions, machine-to-machine (M2M) transactions, mobile money, etc., is acting as another significant growth-inducing factor. Besides this, the launch of numerous innovative government policies, such as the European government's Digital Single Market (DSM) strategy which aims to provide better network service access for consumers and promote digital services across Europe, is also fueling the demand for MVNOs. Furthermore, the implementation of several regulatory frameworks that allow the co-existence of MVNOs with MNOs is creating a positive outlook for the global market. Apart from this, the escalating demand for cost-effective wireless network services for day-to-day requirements like OTT streaming, video conferences, online gaming, etc., is further catalyzing the growth of the MVNO market. Moreover, increasing advancements in LTE infrastructures, which provide services such as VoLTE, ViLTE, and VoWiFi, are positively influencing the global market. Numerous other factors, including the escalating popularity of embedded SIM cards and extensive investments in 5G MVNO technology to offer efficient communication services with low latency, are expected to bolster the global mobile virtual network operator (MVNO) market over the forecast period.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile virtual network operator (MVNO) market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, operational model, service type and subscribers.
Breakup by Type:
Media and Entertainment
Discount
Business
Cellular M2M
Migrant
Retail
Telecom
Roaming
Breakup by Operational Model:
Reseller MVNO
Service Operator MVNO
Full MVNO
Breakup by Service Type:
Postpaid
Prepaid
Breakup by Subscribers:
Business
Individual/Residential
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airvoice Wireless, Amdocs, Asahi Net Inc., Boost Mobile, FreedomPop, Friendi Mobile, Kajeet Inc., Kddi Corporation, Lebara, Lycamobile, Tracfone Wireless Inc and Virgin Media Business.
Key Questions Answered in This Report
1. What was the size of the global Mobile Virtual Network Operator (MVNO) market in 2023?
2. What is the expected growth rate of the global Mobile Virtual Network Operator (MVNO) market during 2024-2032?
3. What are the key factors driving the global Mobile Virtual Network Operator (MVNO) market?
4. What has been the impact of COVID-19 on the global Mobile Virtual Network Operator (MVNO) market?
5. What is the breakup of the global Mobile Virtual Network Operator (MVNO) market based on the type?
6. What is the breakup of the global Mobile Virtual Network Operator (MVNO) market based on the operational model?
7. What is the breakup of the global Mobile Virtual Network Operator (MVNO) market based on service type?
8. What is the breakup of the global Mobile Virtual Network Operator (MVNO) market based on the subscribers?
9. What are the key regions in the global Mobile Virtual Network Operator (MVNO) market?
10. Who are the key players/companies in the global Mobile Virtual Network Operator (MVNO) market?