Report ID: UCMIG50C2017
Report ID:
UCMIG50C2017 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The mobile virtual network operator (MVNO) market has witnessed significant growth in recent years, with a market size of USD 76,015.4 million recorded in 2022. This upward trajectory is expected to continue as the market is projected to expand at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. MVNOs, which operate as wireless communication service providers without owning the underlying network infrastructure, have gained popularity due to their flexibility and cost-effective solutions. Factors such as increasing mobile subscriber base, advancements in telecommunications technology, and rising demand for value-added services are driving the growth of the MVNO market globally. The forecasted CAGR indicates a promising future for the industry, with MVNOs poised to play a pivotal role in the evolving mobile communications landscape.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Wireless Telecommunication Services by segment aggregation, the contribution of the Wireless Telecommunication Services in Telecommunication Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG50C2017