A new trend has emerged in the cellular market mobile virtual network operators which was first observed in US and in some parts of Europe but now it is rapidly spreading around the world. Mobile virtual network operators offer telecommunications services similar to a mobile network operator however they do not own any radio frequency spectrum. They provide better pre-paid plans and multiple quotas suitable for target customer. Growing digitisation, integration of e-SIM, Network Function Virtualization, Artificial Intelligence (AI), machine learning with data analytics, Edge computing to offer customer centric low cost services is expected to bring several opportunities for Mobile Virtual Network Operators in future. In addition emergence of 5G will see new offerings from MVNOs with solutions with specific connectivity and data solutions.
According to the new report Published By Industry Research Place Global Mobile Virtual Network Operator Market is valued at USD 60.84 Billion (€ 51.3 Bn) in 2019 and is expected to reach USD 105.58 Billion (€ 89 Bn) by 2026 with the CAGR of 8.1 % over the forecast period
This report analyses the global market for Mobile Virtual Network Operator. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market. This Mobile Virtual Network Operator market report provides insights on new trade regulations, market size, regional and segment market share, product/service launches, product pipeline analysis, impact of Covid-19 on, key regions, untapped markets, patent analysis, approvals, continuous innovations and developments in the market.
Browse the full Report “Global Mobile Virtual Network Operator Market 2020 By Type [Telecom, Roaming, Retail,Migrant, Media, M2M and others],By Operational Model [Service Operator MVNO, Reseller MVNO and Full MVNO], By End-use[Consumer and Enterprise]: Global Forecast to 2026 and COVID-19 Impact Outlook”
Europe dominates the global Mobile Virtual Network Operator Market. Most of the European countries have implemented the MVNO model. The model has been very successful among entrepreneurs and small companies. In Spain there are 50.8 million cell phone lines and the MVNO category holds more than 14% of the market share. There are several Mobile Virtual Network Operators in the region ranging from small to medium sizes. For instance Aldi talk in Germany NRJ Mobile in France. These companies are targeting niche consumers and customers such as small to medium enterprises, tourists, emigrants etc. The region will witness significant growth in coming years owing to implementation of 5G services in different parts of Europe.
Mobile Virtual Network Operator Market is growing at significant pace in North America. There are more than 1oo Mobile Virtual Network Operator brands in the U.S. These brands offer service to 23 million customers around 7 out of every 100 U.S. citizens.
Asia Pacific was the fastest growing market with lot of potential. The market has witnessed humongous growth in Mobile Virtual Network Operator Market in the last few years. Growing mobile penetration, promising government initiatives and urbanization are some major factors driving the growth of market in the region. In Japan there are about 80 Mobile Virtual Network Operator brands accounting market share of 12.2% in 2019. China is major market in Asia Pacific and is becoming a leading market in the world with increasing number of internet users and rising gaming industry. According to Ministry of Industry and Information Technology the country had over 60 million Mobile Virtual Network Operator subscribers in 2017 which has increased to 100 million in 2019 accounting over 5% of the country’s mobile subscriber base.
Today, consumer needs are changing in terms of telecom services they require personalised services to suite their requirements. Mobile Virtual Network Operators are offering personalised services to these niche consumers rather than one size fits for all service. Growing number of internet users and increasing penetration of mobile devices are driving the growth of the MVNO market. Worldwide more than 4 billion people use internet that’s about 60 per cent of total world population. Further technological advancements in cellular network will bring significant opportunities for Mobile Virtual Network Operators in forecast period. However, in established markets such as those in Europe, US the numbers of operators are decreasing due to significant network acquisitions by MVNO’s and acquisitions of small MVNO’s by major telecom operators.
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•An overview of the global Mobile Virtual Network Operator market
•In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market
•Global Mobile Virtual Network Operator market revenue data historic and forecast analysis (2016 to 2026)
•Characterization and quantification of the market segments for Mobile Virtual Network Operator market
•Market share analysis of key market participants and their competitive landscape
Important Questions Answered by Global Mobile Virtual Network Operator Market Report
•What is the impact of COVID 19 epidemic on the global Mobile Virtual Network Operator market?
•Which is mostly affected region, country?
•Which is the current largest and fastest-growing region?
•What is the market size and growth rate of the global Mobile Virtual Network Operator market?
•What are current factors affecting the growth of market?
•What are Key trends and opportunity areas?
•Within Mobile Virtual Network Operator market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment?
•What are the major strategies adopted by leading market companies?
•What are company challenges and essential success factors by market segment?
•How company offerings and supply chain capabilities are shifting to meet emerging market needs?
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