The ever-evolving connectivity demand coupled with the exponentially increasing mobile user base will boost the Mobile Virtual Network Operator market size considerably over the coming years. The expanding smartphone industry and the growing trend of mobile broadband is another pivotal factor favoring the MVNO industry trends.
According to Global Market Insights, Inc., “Global Mobile Virtual Network Operator (MVNO) market is forecast to record a CAGR of 9.6% over the period of 2015 to 2022.”
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Buzzing trend of IoT (Internet of things) is also poised to create hefty growth opportunities for the mobile virtual network operator (MVNO) industry over the coming years. The noteworthy funding by mobile network operators to enhance the telecom infrastructure will also favor the global market outlook.
Below are the regional highlights pertaining to Mobile virtual network operator (MVNO) industry over 2015-2022
- Asia Pacific MVNO market will grow considerably by registering an annual growth rate of more than 11% over the aforementioned timeframe of 2015 to 2022, owing to growing technological development and expanding telecom sector across this region. China and Japan will contribute significantly towards the regional growth.
- Europe MVNO market dominated the global landscape in 2015 and will exhibit lucrative growth rate, driven by the rising government initiatives, presence of numerous players, and affordable price trends. Germany and France will be some of the major contributors toward the Europe MVNO market share, owing to the existence of strong network operators across these regions.
- MEA MVNO industry is poised to generate substantial revenue over the coming years. The rising adoption of the mobile devices across the countries such as UAE, Bahrain, Kuwait, and Qatar will be the prominent attributing factor driving the regional trends.
The key market players in the mobile virtual network operator (MVNO) market are Lebara Mobile, Lycamobile, Tracfone Wireless, Inc., PosteMobile, FreenetMobile, giffgaff, Virgin Mobile, and Talkmobile.
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Mobile Virtual Network Operator Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD billion from 2012 to 2022, for the following regions and countries:
MVNO Market by Region
- North America
- Asia Pacific
- Hong Kong
- Latin America
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