Global Mobile Virtual Network Operator (MVNO) Market

Global Mobile Virtual Network Operator (MVNO) Market Size, Share, Growth Analysis, By Type(Business, Discount), By Operational Model(Full MVNO, Reseller MVNO), By End-User(Consumer, Enterprise) - Industry Forecast 2024-2031

Report ID: SQMIG45H2063 | Region: Global | Published Date: February, 2024
Pages: 264 | Tables: 94 | Figures: 76

Global Mobile Virtual Network Operator (MVNO) Market Competitive Landscape

The mobile virtual network operators (MVNO) market has a diverse, fresh, and competitive landscape that makes it more difficult for new firms to enter. Additionally, businesses partner and merge with other businesses, which deepens their roots and widens their distribution networks. For instance, VMB has partnered with Versa Networks to offer SD-Wan services to several businesses of various organization sizes for cloud integration, automation, security, and connectivity, increasing the size of the MVNO market.

Mobile Virtual Network Operator (MVNO) Market Top Players Company Profiles 

  • AT&T Inc.
  • Verizon Communications Inc.
  • T-Mobile US Inc.
  • Tracfone Wireless Inc.
  • Lycamobile Group
  • Virgin Mobile USA
  • Boost Mobile
  • Tesco Mobile Ltd.
  • Lebara Group
  • 1&1 Drillisch AG
  • Red Pocket Mobile
  • Ting Mobile
  • KDDI Corporation
  • Rakuten Mobile, Inc.
  • Free Mobile
  • PosteMobile S.p.A.
  • Airvoice Wireless LLC
  • Google Fi
  • Republic Wireless
  • US Mobile Inc.

Mobile Virtual Network Operator (MVNO) Market

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Global Mobile Virtual Network Operator (MVNO) Market size was valued at USD 771.68 billion in 2019 and is poised to grow from USD 833.72 billion in 2023 to USD 1672.18 billion by 2031, growing at a CAGR of 8.04% in the forecast period (2024-2031).

The mobile virtual network operators (MVNO) market has a diverse, fresh, and competitive landscape that makes it more difficult for new firms to enter. Additionally, businesses partner and merge with other businesses, which deepens their roots and widens their distribution networks. For instance, VMB has partnered with Versa Networks to offer SD-Wan services to several businesses of various organization sizes for cloud integration, automation, security, and connectivity, increasing the size of the MVNO market. 'AT&T Inc.', 'Verizon Communications Inc.', 'T-Mobile US Inc.', 'Tracfone Wireless Inc.', 'Lycamobile Group', 'Virgin Mobile USA', 'Boost Mobile', 'Tesco Mobile Ltd.', 'Lebara Group', '1&1 Drillisch AG', 'Red Pocket Mobile', 'Ting Mobile', 'KDDI Corporation', 'Rakuten Mobile, Inc.', 'Free Mobile', 'PosteMobile S.p.A.', 'Airvoice Wireless LLC', 'Google Fi', 'Republic Wireless', 'US Mobile Inc.'

Significant increase is projected in Asia Pacific and MEA over the projection period. The Asia Pacific region's phenomenal growth in the telecom services industry is to blame for the expansion of the mobile virtual network operator market there. A number of the region's growing economies, including China, India, Vietnam, Myanmar, and others, are attempting to upgrade and extend their telecommunications infrastructure. South East Asian countries like Thailand, Singapore, and the Philippines are also anticipated to considerably contribute to the development of the regional market during the projected decade.

Among MVNOs, this is the main and most concentrated segment. The primary drivers of the segment's growth are the rising proportion of single-line mobile users and the expanding use of mobile in developing nations. By 2025, there may be 82 billion linked devices, up from the current estimate of 20.4 billion. Verizon recently made USD 2 trillion in investments in the market for networked endpoints and related services. For the telecom industry and the targeted segment, this presents a tremendous potential.

The majority of mobile virtual network operators are from Europe. The favorable regulatory environment, which is anticipated to play a key role in the development of mobile virtual network operators, can be credited with the expansion. Over the course of the forecast period, nations including the U.K., Germany, and the Netherlands are anticipated to positively influence regional growth. Over the forecast period, data services are anticipated to be the major services for regional growth.

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