The winning Mobile Virtual Network Operator market report performs geographical analysis for the major areas such as North America, China, Europe, Southeast Asia, Japan, and India, with respect to the production, price, revenue and market share for top manufacturers. This market document is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis, and key company profiles.
Data Bridge Market Research analyses that the mobile virtual network operator (MVNO) market is expected to reach USD 1547.73 billion by 2030, which is USD 833.72 billion in 2022, at a CAGR of 8.04% during the forecast period.
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Market Overview:
Mobile virtual network operator (MVNO) is a wireless communication service provider. This operator does not possess the wireless network infrastructure and it is a reseller for wireless communications services.
Mobile Virtual Network Operator (MVNO) Market
Drivers
Increasing penetration of mobile devices
The rising penetration of mobile devices is expected to drive the growth rate of the market. GSMA expected that 5.3 billion individuals will have subscribed to mobile services by the end of 2021, accounting for around 67% of the global population. Now own most people a mobile phone in growing markets, suggesting that coming growth will come from younger populations which are taking out their first mobile subscription. In coming five years, an additional 400 million new mobile users are expected to be added, most of them will be from the Sub-Saharan Africa and Asia-Pacific, bringing the total number of subscribers to 5.7 billion around 70% of the global population.
Some of the major players operating in the mobile virtual network operator (MVNO) market are:
- Virgin Media Business Ltd (U.K.)
- DataXoom (U.S.)
- Lebara (U.K.)
- KDDI CORPORATION (Japan)
- Asahi Net, Inc. (Japan)
- Tesco (U.K.)
- Virgin Plus (Canada)
- TRACFONE (U.S.)
- Verizon (U.S.)
- DISH Wireless L.L.C (U.S.)
- Lyca Mobile (U.K.)
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