Mobile Virtual Network Operator Market Synopsis:
Mobile virtual network operators (MVNO) resell wireless network communication services using the infrastructure of mobile network operators (MNO). Both the MNO and MVNO benefit from such agreement as MNOs can sell their extra unused network bandwidth to MVNOs who can buy them at a subsidized rate.
Market Research Future (MRFR) has released its latest report on mobile virtual network operator market after scrutinizing the major macro and micro-economic factors governing the market over the forecast period of 2017-2023. As per MRFR’s analysis, the market is due to reach USD 5 Bn at a CAGR of 12% during 2017-2023.
Expanding base of smartphone users is the most significant factor that is propelling the growth of the market. Availability of voice and data services at lower cost has encouraged consumers to opt for mobile virtual network services which have boosted the growth of the market. The governments in various countries are encouraging the growth of MVNOs as they help to reduce the cost of communication. in various countries, the governments have mandated MNOs to support Mobile Virtual Network Operator Market to provide quality services to customers. Moreover, the extravagant cost of international calling is a key factor which is stimulating the growth of the market. MVNOS provide international calling facilities at cheaper rates owing to which they are being increasingly accommodated by MNOs in developing markets.
The emergence of blockchain-based mobile virtual network operators is anticipated to create lucrative opportunities for the growth of the market. Blockchain in telecommunication is perfectly built to reduce cross-border remittance challenges such as speed and security. A variety of blockchain start-ups are investing in initiatives to bring the technology to the mainstream telecommunication industry.
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The prominent players in the mobile virtual network operator market include RedPocket Mobile (U.S.), Freenet AG (Germany), Tesco Mobile Ltd (U.K), Virgin Mobile (U.S.), FreedomPop (U.S.), Tracfone Wireless, Inc. (U.S.), AirVoice Wireless (U.S), Polkomtel Plus (Poland), KDDI Mobile (U.S.), and Kajeet, Inc (U.S.). Other notable players include CITIC Telecom International Holding Limited (Hong-Kong), Telefonica S.A. (Spain), Lyca Mobile Group (U.K.), Verizon Communications (U.S.), Sprint Corporation (U.S.), Tracfone Wireless, Inc. (U.S.), T-Mobile AG (U.S.), and AT&T (U.S.).
The mobile virtual network operator market has been segmented based on type, service, and infrastructure.
- By type, the mobile virtual network operator market has been segmented into reseller, and service operator.
- By service, the mobile virtual network operator market has been segmented into network routing, customer care, billing & collection, handset management (2G, 3G, 4G), and marketing & sales.
By region, the mobile virtual network operator market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
The APAC market is poised to reign the global mobile virtual network operator market over the forecast period. Spiraling growth of the telecom industry in the region has positioned the APAC market for prolific growth. The developing economies of the region such as India, Vietnam, Myanmar, and China are making great strides in improving their telecommunication infrastructure. Moreover, South East Asian countries such as Thailand, Singapore, and the Philippines too are anticipated to be major contributors to the market. The mobile virtual network operator market is considerably consolidated in Australia, Japan, and Malaysia. In Japan, mobile virtual network operators provide services such as remote management of vending machines, online gaming, M2M, and surveillance.
Europe is a significant market for mobile virtual network operators and is estimated to account for an advantageous share of the market. The Europe market is spurred by government support who see mobile virtual network operators as a means of price reduction and increase competition. The key contributors to the Europe market include the UK, Germany, and the Netherlands.
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May 2019 – mobile virtual network operator (MVNO) redONE, debuted its service offerings in Singapore. It is using StarHub’s mobile network infrastructure to deliver its services. redONE aims to create a single redONE community linking Singapore and Malaysia, which will be beneficial for frequent travelers between the two countries.
- Industry Investors
- Mobile Network Operators
- Mobile Manufacturers
- Terminal Manufacturers
- Media Companies
- OTT Players
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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List of Tables
Table1 World Population by Major Regions (2018 To 2023)
Table2 Global Mobile Virtual Network Operator Market: By Country, 2018-2023
Table3 North America Mobile Virtual Network Operator Market: By Country, 2018-2023
Table4 Europe Mobile Virtual Network Operator Market: By Country, 2018-2023
Table5 Asia Pacific Mobile Virtual Network Operator Market: By Country, 2018-2023
List of Figures
Figure 1 Global Mobile Virtual Network Operator Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Mobile Virtual Network Operator Market
Figure 4 Value Chain of Global Mobile Virtual Network Operator Market
Figure 5 Share of Mobile Virtual Network Operator Market In 2018, By Country (In %)
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