Mobile Virtual Network Operator (MVNO) Global Market 2024 - By Size, Demand, Share, Trends, Forecast To 2033

Global mobile virtual network operator (mvno) market size is expected to $137.52 Bn by 2028 at a rate of 10.7%, segmented as by service, postpaid, prepaid

Jun 24, 2024 - 14:18

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Mobile Virtual Network Operator (MVNO) Global Market 2024 - By Size, Demand, Share, Trends, Forecast To 2033

mobile virtual network operator (mvno) market

The mobile virtual network operator (MVNO) market size is expected to see rapid growth in the next few years. It will grow to $137.52 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to 5G deployment and adoption, emergence of IoT connectivity, diversification of service offerings, and rise of non-traditional players. Major trends in the forecast period include specialized niche offerings, enhanced value-added services, expansion of MVNO partnerships, focus on customer experience, regulatory changes and market liberalization.

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Segmentation & Regional Insights
The mobile virtual network operator (mvno) market covered in this report is segmented –
1) By Service : Postpaid, Prepaid
2) By Operational Model: Reseller, Service Operator, Full Mobile Virtual Network Operator
3) By Deployment: Cloud, On-premise
4) By Business Model: Discount, Specialist Data, Ethnic, Business, International Or Roaming, Youth Or Media, Bundled, Others Business Models

Asia-Pacific was the largest region in the mobile virtual network operator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile virtual network operator (MVNO) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The emergence of 5G networks is expected to propel the growth of the mobile virtual network operator (MVNO) market going forward. 5G networks are the fifth generation of mobile network technology, succeeding the previous 4G (LTE) standard. 5G networks promise significantly faster data speeds, lower latency, increased capacity, and support for connected devices compared to previous generations. The emergence of 5G networks is primarily due to the growing demand for higher data speeds, lower latency, and increased capacity to support the ever-expanding array of connected devices and emerging technologies. 5G networks use mobile virtual network operators (MVNOs) to expand market reach and offer innovative services by leveraging existing infrastructure, allowing MVNOs to capitalize on the high-speed, low-latency capabilities of 5G technology without needing heavy infrastructure investment. For instance, in April 2023, according to 5G Americas, a US-based industry trade organization, there was a 76% growth in global 5G wireless connections from the end of 2021 to the end of 2022, reaching a total of 1.05 billion connections. Therefore, the emergence of 5G networks drives the growth of the mobile virtual network operator (MVNO) market.

Key Industry Players
Major companies operating in the mobile virtual network operator (MVNO) market report are American Telephone and Telegraph Company. Inc.; KDDI; Telefonica SA; ASDA Mobile; 1&1 Drillisch AG; Virgin Media Business; Cricket Wireless LLC (AT&T Inc.); CITIC Telecom International Holdings Ltd.; Consumer Cellular; TracFone Wireless Inc.; Lebara Group BV; Virgin Mobile USA Inc.; Giffgaff Ltd. ; Asahi Net; Locus Telecommunications LLC.; Tesco Mobile Limited (Tesco PLC); PosteMobile SPA; Lycamobile Group; Boost Mobile LLC (T-Mobile); Dataxoom; Virgin Plus; FreedomPop; FRiENDi Mobile; VMB Technologies; Airvoice Wireless LLC

The mobile virtual network operator (mvno) market report table of contents includes:
1. Executive Summary
2. Mobile Virtual Network Operator (MVNO) Market Characteristics
3. Mobile Virtual Network Operator (MVNO) Market Trends And Strategies
4. Mobile Virtual Network Operator (MVNO) Market - Macro Economic Scenario
5. Global Mobile Virtual Network Operator (MVNO) Market Size and Growth
...........................................
32. Global Mobile Virtual Network Operator (MVNO) Market Competitive Benchmarking
33. Global Mobile Virtual Network Operator (MVNO) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mobile Virtual Network Operator (MVNO) Market
35. Mobile Virtual Network Operator (MVNO) Market Future Outlook and Potential Analysis
36. Appendix

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