A wireless communications network provider that does not own the infrastructure over which it provides services to its customers is known as a mobile virtual network operator (MVNO). These MVNOs partner up with a mobile network operator which helps them gain bulk access to network services at wholesale rates and sell these services at retail prices independently. A MVNO could set up its own customer service, billing support systems, marketing and more or collaborate with a mobile virtual network enabler (MVNE).
The global mobile virtual network operator market size was USD 64.17 billion in 2019 and expected to reach USD 99.70 billion by 2027; this converts into a compound annual growth rate (CAGR) of 5.66% for the forecast period.
The MVNO market is highly competitive due to a large number of players. The growing need for services such as machine-to-machine, mobile money, video streaming, internet browsing and more is anticipated to fuel the market growth in the upcoming years. Significant investments are being done to improve network coverage and mobile broadband connections. Also, MVNOs are partnering up with smartphone manufacturers to lure more consumers. The substantial rise in demand for data during the pandemic has further boosted the market’s growth. All of these factors are encouraging the expansion of the Mobile Virtual Network Operator (MVNO) market.
Cloud computing has had a huge impact on the Mobile Virtual Network Operator market. This deployment type eliminates the traditional challenges of relying on public internet infrastructure and also offers the option to scale as per customer demand with greater efficiency. The cloud segment hence captured over 60% of the market in 2019. The segment will witness an expansion at a CAGR of around 9% due to the rapid adoption of IoT in various sectors. The growth of the smart home sector will significantly boost the segment.
The full MVNO segment secured close to USD 25 billion in 2019. The segment’s lead can be attributed to the fact that the implementation of its network infrastructure requires low capital investment while giving full call control. This permits international call at discounted prices, thereby attracting more customers. Service operators are gaining popularity since it enables MVNOs to gradually build their own operations over time. Also, this operational mode provides more control over customer-facing features that allow for smooth integration with services and systems. The segment is hence, anticipated to expand at a CAGR of just under 8.5% during the forecast period.
Advancements in technology have given rise to the development of devices that enable the growth of data applications like internet browsing, video streaming, and more. Consumer demand for plans that support these applications is therefore on the rise. As a result, the consumer segment garnered over USD 42 billion in 2019. The segment is also predicted to register an approximate 8% CAGR due to several factors. The most significant factors are the increase in a number of mobile network subscribers and the growing access to mobile devices. Moreover, the need to manage a connected living, personal data, and rising e-commerce activities will contribute to the segment’s growth.
The MVNO market is moderately fragmented due to inadequate telecom regulations. With almost no barrier to entry, the market has become highly competitive. Most companies offer low call and text costs and other popular services at a discount in order to accumulate maximum market share. This has led to the dominance of the discount segment in 2019. Over 25% of the market is held by the segment. It is also envisaged to grow at a CAGR of around 9% between 2020 and 2027.
Based on geography, the market is segmented as below:
A favorable regulatory framework is largely driving the European market. Data services will further boost the market growth. Countries such as the U.K., Germany and Netherlands will play a vital role in the augmentation of the market.
Asia-Pacific led the market in 2019 and is anticipated to expand at a 9% CAGR during the forecast period. Emerging economies like India, Vietnam, China, Myanmar and more are steadily expanding their infrastructure to promote the growth of the mobile virtual network operator market. Japan, Australia and Malaysia will bring in new services, thereby positively influencing the market.
It is estimated that around 1.2 billion individuals will have access to mobile devices by 2027. To put this in perspective, the number represents over 15% of the world’s population. The growing penetration of mobile devices will subsequently create a surge in mobile network subscribers. Moreover, there has been a surge in demand for efficient cellular network and an increase in investments for the development of related infrastructure. All of these factors will drive the mobile virtual network operator market forward.
The market is studied by analyzing all the key market participants across the ecosystem. The key players include, but not limited to:
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Chapter 1. Research Objective
Chapter 2. Executive Summary
Chapter 3. Strategic Analysis
Chapter 4. Market Dynamics
Chapter 5. Market Segmentation
North America Global Mobile Virtual Network Operator (MNVO) Market Segmentation
By Deployment - Forecast till 2027
By Operational Mode - Forecast till 2027
By Subscriber - Forecast till 2027
By Application - Forecast till 2027
Europe Global Mobile Virtual Network Operator (MNVO) Market Segmentation
By Deployment - Forecast till 2027
By Operational Mode - Forecast till 2027
By Subscriber- Forecast till 2027
By Application - Forecast till 2027
APAC Global Mobile Virtual Network Operator (MNVO) Market Segmentation
By Deployment - Forecast till 2027
By Operational Mode - Forecast till 2027
By Subscriber- Forecast till 2027
By Application - Forecast till 2027
Latin America (LATAM) Global Mobile Virtual Network Operator (MNVO) Market Segmentation
By Deployment - Forecast till 2027
By Operational Mode - Forecast till 2027
By Subscriber- Forecast till 2027
By Application - Forecast till 2027
The regions are further studied to analyse the major countries within the respective regions. The coverage of the country level data is dynamic and is updated regularly based on the market movements. Normally, the countries covered in the report include
North America - United States, Canada, Mexico; Europe - United Kingdom, France, Italy, Germany, Spain, Rest of Europe; Asia Pacific - China, India, Japan, South Korea, Rest of APAC; Middle East & Africa - South Africa, GCC Countries, Rest of MEA; LatAm - Brazil, Argentina, Rest of LatAm;
Chapter 6. Market Use case studies
Chapter 7. KOL Recommendations
Chapter 8. Investment Landscape
8.1 Global Mobile Virtual Network Operator (MNVO) Market Investment Analysis
8.2 Market M&A
8.3 Market Fund Raise & Other activity
Chapter 9. Global Mobile Virtual Network Operator (MNVO) Market - Competitive Intelligence
9.1 Company Positioning Analysis
9.1.1 Positioning - By Revenue
9.1.2 Positioning - By Business Score
9.1.3 Legacy Positioning
9.2 Competitive Strategy Analysis
9.2.1 Organic Strategies
9.2.2 Inorganic Strategies
Chapter 10. Key Company Profiles
The global mobile virtual network operator (MNVO) market report profiles companies based on the material impact they have on the market ecosystem. These are hence, to be read as 'Key Players' and not necessarily 'Market Leaders'.
Companies are typically profiled to include
10.x.1 Company Fundamentals
10.x.2 Performance Overview
10.x.3 Product Overview
10.x.4 Recent Developments
The companies profiled in this report include
Chapter 11. Appendix
11.1 About AllTheResearch
11.2 Service offerings
11.3 Author details
11.4 Terms & Conditions
11.5 Contact us