Delaware – May 16, 2016 – Mobile virtual network operator (MVNO) market size is forecast to reach USD 85 billion at a growing of 9.6% from 2015 to 2022. Global Market Insights has announced the launch of a new study based report on mobile virtual network operator market. The report provides a holistic approach for the MVNO Market growth with a detailed analysis of the overall competitive landscape of the global market, for the predicted time frame. The report precisely analyzes all the main technologies, trends playing a key role in the Mobile virtual network operator market growth over the predicted period. It features the market dynamics and trends such as restraints, drivers, challenges and opportunities likely to influence the market over the projected timeframe.
Surging demand for smartphones, multi SIM ownership, mobile broadband, increased data and VAS usage are anticipated to boost growth.
MVNO sector offers differentiated services to customers. Its target niche market segments include roaming, retail, business, etc. It operates on a cost-effective operational model, at about 30% to 50% lesser cost as compared to MNOs. The introduction of 4G services in the market is anticipated to benefit the MVNOs with improved speed. Innovative, lightweight and compact devices are likely to drive the market growth.
Europe was accounted as the prime regional market with more than 45% share of the global MVNO market.
The regulatory framework was the key factor to drive the growth in the regional market. The UK, Germany and France boast a strong Mobile virtual network operator base, and are further estimated to exhibit growth over the forecast period. Commercially available LTE networks are anticipated to cover half of the world population by 2017. The industry is likely to take shape in Asia Pacific and is expected to be led by India and China.
Expertise and lack of awareness among service operators are critical factors to restrain growth over the predicted time frame.
The report features analysis of key market players, company profiles and the strategies and details such as financials, strategic information and recent developments. Telecom regulators in the market have paid attention on the rising competition in the sector to support innovation and control price. Key mobile virtual network operator market players include Lyca Mobile, Virgin Mobile, Freenet Mobile, Poste Mobile and Lebara Mobile. Differentiated and cost effective services are anticipated to favor the industry players.
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