The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
1. Historical Market Size (2020): USD 65.7 billion
2. Forecast CAGR (2021-2026): 6.7%
3. Forecast Market Size (2026): USD 96.3 billion
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The growth of the global market is being driven by factors such as rising network speed and growing usage of advanced devices, which have contributed to high growth in the use of data applications such as video streaming and internet browsing. Major investments are being made to enhance mobile broadband (MBB) connections, and the advantages of network coverage provided by the mobile virtual network operator model include time reliability and cost-effectiveness. In addition, low-cost data and voice services provided by the model are expected to attract more customers, which in turn, are anticipated to boost its expansion. Mobile virtual network operators also have potential growth opportunities for mobile network operators (MNOs) by improving network utilisation and thereby encouraging the production of their own MVNOs.
Industry Definition and Major Segments
Mobile Virtual Network Operator (MVNO) is a service provider which resells cellular network access services using a mobile network operator infrastructure (MNO). This model is of interest to both MVNO and MNO. MNO has extra unused network bandwidth, which they offer to MVNO at a fair price, allowing full usage of unused network bandwidth. In turn, MVNO offers these services to end-users without having any support infrastructure and without paying the license fee to the government.
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The operational model of the market can be divided as follows:
1. Reseller MVNO
2. Full MVNO
3. Service Operator MVNO
The type of the product can be segmented as follows:
2. Specialist Data
The organization size can be divided into the following:
1. Small and Medium Size Enterprise
2. Large Enterprises
The subscriber comprises of the following:
The regional markets for mobile virtual network operator include the following:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
The growth if the industry is primarily being driven by the rising penetration of smartphones and internet. Increased network speed and the use of advanced devices allow the growth of data applications including internet browsing and video streaming. Increased investments are being made to boost network coverage and development in mobile broadband (MBB) connections. The mobile virtual network operator model provides advantages such as time-efficiency and cost-effectiveness, which are expected to draw more customers and in turn, drive the growth of the market segment.
Key Market Players
The major players in the market are Truphone Limited, Airvoice Wireless, KDDI Corporation, Virgin Mobile USA, TracFone Wireless, Inc., and Altice USA Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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