Mobile Virtual Network Operator Market Forecasts to 2028 – Global Analysis By Operational Model (Reseller, Service Provider and Full MVNO (Mobile Virtual Network Operator)), By Service Type (Prepaid and Postpaid), By Subscriber (Individual/Residential and

Mobile Virtual Network Operator Market Forecasts to 2028 – Global Analysis By Operational Model (Reseller, Service Provider and Full MVNO (Mobile Virtual Network Operator)), By Service Type (Prepaid and Postpaid), By Subscriber (Individual/Residential and Business), By Type, By Deployment, By End User and By Geography

According tStratistics MRC, the Global Mobile Virtual Network Operator Market is accounted for $78.15 billion in 2022 and is expected treach $142.27 billion by 2028 growing at a CAGR of 10.5% during the forecast period. A mobile virtual network operator (MVNO) is a business that provides wireless communications services but does not possess the wireless network infrastructure that uses tserve its clients. In order tobtain wholesale access tnetwork services in large quantities, an MVNO enters inta business deal with a mobile network operator. The MVNO then sets retail prices independently. An MVNO can either use its own staff for customer service, billing support, marketing, and sales, or it might hire a mobile virtual network enabler (MVNE). Throughout the projected period, the market is expected tdevelop at a fast pace due tthe increasing usage of data and value-added services such as e-commerce-based and live streaming services. Moreover, the rising mobile subscriber base and rising smartphone penetration around the world will significantly contribute tthe industry's growth. While serving a variety of consumer needs, mobile virtual network operators dnot possess the necessary infrastructure or radifrequency usage rights.

According tthe GSMA, India is on its way tbecoming the second-largest smartphone market globally by 2025, with around 1 billion installed devices. It is expected thave 920 million unique mobile subscribers by 2025, including 88 million 5G connections.

Market Dynamics:

Driver:

Increasing penetration of mobile devices

The market's predicted growth rate will be fueled by the increasing use of mobile devices. By the end of 2021, the GSMA predicted that 5.3 billion people, or about 67% of the world's population, would be subscribers tmobile services. In developing nations, the majority of individuals own a mobile phone, indicating that future growth will come from younger populations that are signing up for their first mobile subscription. An additional 400 million mobile users are anticipated during the forecast period, the majority of whom will come from Sub-Saharan Africa and the Asia-Pacific region.

Restraint:

Increasing competition among MNOs and MVNOs thamper the market growth

The primary issue the MVNO is dealing with is a lack of wireless infrastructure because they dnot possess any spectrum allocations. The fact that these wireless providers concentrate on specialized market segments implies that they must manage and optimize their investment in network infrastructure tmaximize profits and minimize costs. In order tprovide client services by renting access tvoice and data services, the virtual network operators should make use of the MNO's wireless infrastructure. Mobile Virtual Network Operators are limited in their capacity tcreate new services because of their dependence on the network provider. This results in more competition with MNOs in established market segments.

Opportunity:

Surging product launches

The major market competitors offer wireless services at prices that are competitive across the board, which will open up a wealth of prospects for the market's growth rate in the upcoming years. For instance, in July 2022, Boost Mobile launched Connected Vehicle. This is a fully customizable, turnkey solution for mobile internet. Everyone may simply obtain Wi-Fi in their car with Boost Mobile. Take several computers, tablets, and phones everywhere you gby connecting them tthe consumer vehicle. Also, they may watch their preferred movies and television programs online, browse the web, and listen ttheir preferred music and podcasts while traveling for extended periods of time without using their cell phone's data plan. The linked vehicle package offers 5GB of 4G LTE mobile internet as well as a remote Wi-Fi hotspot.

Threat:

Issues associated with mobile virtual network operator

In developing and undeveloped nations, a lack of technological know-how and a competent workforce will constrain market expansion. Moreover, poor service quality, shrinking profit margins, and reordering of priorities will again threatens the market's growth. Also, the expansion rate of the market will be slowed down by poor infrastructure and an inadequate MNO sector in developing nations.

Covid-19 Impact:

The COVID-19 epidemic increased the adoption of communication services that improve work-life balance and advanced the need for agile and flexible work styles. Furthermore, due tthe global epidemic, telecom regulators delayed their plans for a 5G spectrum auction. The pandemic compelled telecom businesses tevaluate the robustness of their networks and review their planned investments, particularly in 5G technology.

The consumer segment is expected tbe the largest during the forecast period

The consumer segment accounted for the largest market share during the projection period due tthe rising proportion of single mobile users and the expanding mobile customer base in emerging markets. Moreover, in terms of innovation and pricing, the B2C, or consumer, segment has typically dominated over the B2B segment. Simple customer service is considerably easier tmanage than billing and managing a fleet of devices. However, MVNOs prefer tinvest in the consumer because of the convenience and profit margins.

The full MVNO segment is expected thave the highest CAGR during the forecast period

Full-MVNOs segment accounted for the highest CAGR and is anticipated tcontinue throughout the forecast period by installing a complete MVNO network architecture requires minimal cash upfront and costs associated with implementing call control, enabling users tmake extremely cheap international calls. Moreover, the development of MVNOs is the result of MNOs' strategic decisions and regulatory actions tremove entry barriers and eventually promote competition.

Region with largest share:

During the course of the forecast period, the Asia-Pacific region will acquire the largest market share because it has consistently been at the forefront of adopting technological advancements like 5G technology, linked mobile devices, and smartphone penetration, among others. The Asia-Pacific region has a large market for smartphones because of its rapidly expanding telecom industry and large customer base. However, more money is alsbeing spent in the region on wireless network services. India, Japan, Australia, Singapore, and South Korea are among the nations increasing their investments in the development of their domestic telecom markets.

Region with highest CAGR:

The Asia Pacific region is anticipated thave the highest CAGR during the forecast period due tChina's plans tallow commercial MVNO licenses, including licenses for foreign-invested companies, after the Ministry of Industry and Information Technology (MIIT) launched a public consultation tseek additional industry input and feedback on the government's proposal. Additionally, demand for smartphones at entry-level price points is projected trise due tthe growing use of smartphones in developing nations like India and Indonesia, where local governments are striving for mobile and digital economies and rural areas are gaining more access tsmartphones.

Key players in the market

Some of the key players in Mobile Virtual Network Operator market include AirVoice Wireless, Alphabet Inc. (Google Fi), Asahi Net, AT&T Inc., Boost Mobile LLC, Charter Communications Inc., CJ HelloVision Co. Ltd, Comcast Corporation, Cricket Wireless LLC, Drillisch Telecom, FreedomPop, FreeNet AG, Japan Communications Inc, KDDI Mobile, Kore Telematics, Lebara Group, Lyca Mobile, Ortel Mobile, PlatinumTel Communications, LLC, Poste Mobile SpA, Quebecor Inc., Rakuten Mobile, Republic Wireless, SK Telecom, TalkTalk Group, TescMobile Ltd, Ting Inc., T-Mobile USA Inc., TracFone Wireless Inc, UPP Wireless, Verizon Communications Inc., Virgin Mobile, Truphone GmbH and Voiceworks GmbH.

Key Developments:

In July 2022, PeP acquired Simapka texpand financial and mobile services in Poland. This acquisition would aid in developing an ecosystem wherein the payments would be bolstered by a variety of additional services provided by POS. The major objective is tensure that retail outlets throughout Europe gain benefit from the steady digitization of payments through the solutions of Simapka’s mobile application.

In May 2022, Cricket Wireless LLC announced a collaboration with the Southern Intercollegiate Athletic Conference (SIAC). This three-year agreement allows Cricket tprovide unique experiences tSIAC fans at all Historically Black Colleges/Universities (HBCUs) member schools.

In December 2021, Lycamobile partnered with the Welsh Government tenable remote learning throughout the spring and summer. The Mobile Data Uplift Scheme was available tdigitally excluded students in Wales as they returned tschool and throughout the rest of the school year. This aimed thelp guarantee that children had access tinternet resources and did not miss out on crucial learning and development during a challenging time.

Operational Models Covered:
• Reseller
• Service Provider
• Full MVNO (Mobile Virtual Network Operator)

Service Types Covered:
• Prepaid
• Postpaid

Subscribers Covered:
• Individual/Residential
• Business

Types Covered:
• Discount
• Retail
• Media and Entertainment
• Migrant
• Roaming
• Telecom
• Other Types

Deployments Covered:
• On Premise
• Cloud

End Users Covered:
• Enterprise
• Consumer

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances