MVNO Market New Technological Development Projecting Massive Growth 2022 to 2032

The MVNO market is valued at US$ 70.3 Billion in 2022 and is likely to reach US$ 147.7 Billion by 2032. The MVNO market was worth USD 64.8 Billion in 2021, growing at a CAGR of 7.7% through 2032. New technological enablers, including e-Sim, AI, ML, and edge computing, are opening up new options for?MVNOs.

The?MVNO market?is well-established in developed nations, and its significance is likely to expand as emerging economies evolve. Due to the prevalence of?MVNOs?in the low-cost cellular?services market?in both developed and developing nations, competition in the?MVNO market?has evolved from pricing to value-added?services?and product differentiation in recent years.

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The increasing adoption of?mobile?devices is propelling?MVNO market?growth. Over the projection period, an increasing variety of?services?such as?cloud, Machine to Machine (M2M) transactions, and?mobile?money are predicted to boost?demand for mobile virtual network providers. The COVID-19 pandemic is likely to increase the need for agile and flexible work methods, as well as the use of communication systems that improve work-life balance in the?MVNO market.

In the middle of the COVID-19 pandemic,?telecom?officials in the?MVNO market?have postponed their intentions for a 5G spectrum auction. Among?MVNOs, this is the major and most focused segment. The increasing numbers of single?mobile?customers, as well as the increasing penetration of?mobile?in emerging nations, are the key reasons driving?MVNO market?development.

Key Takeaways

• In the type sector,?the?discount segment?from the?MVNO market?is anticipated to flourish at the quickest CAGR of 7.8%.
• With a CAGR of 7.3%,?the consumer?is predicted to grow significantly in the subscribers sector of the?MVNO market.
• The?market size?for?MVNO?in the?United States?is expected to reach US$ 27.6 Billion by 2032, growing at a CAGR of 7.1% during the research period.
• United Kingdom?is expected to reach a?market size?of US$ 14.2 Billion in?MVNO?by 2032, with a CAGR of 7.1% during the research period.
• China’s MVNO market?is expected to be worth US$ 16.6 Billion by 2032, with a CAGR of 9.6% over the forecast period.
• Japan?is expected to have a?market size?for?MVNO?of US$ 13.3 Billion by 2032, with a CAGR of 9.7% during the research period.
• By 2032,?Brazil?is expected to reach a?market size?of US$ 748.4 Million in?MVNO, with a CAGR of 6.7% during the research period.

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Competitive Landscape?

The key?MVNO market?players such as Virgin Media Business (UK), DataXoom (US), Lebara (UK), KDDI (Japan), Asahi Net (Japan), Virgin?Mobile?USA (US), TracFone Wireless (US), Boost?Mobile?(Australia), Lycamobile?(UK), Tesco?Mobile?(UK), PosteMobile?(Italy), Airvoice Wireless (US), Asda?Mobile?(UK), Giffgaff (UK), Kajeet (US), Voice (US).

MVNO market?players are also pursuing numerous strategic initiatives, such as?collaborations,?mergers?and?acquisitions, and partnering with other organisations to acquire a competitive advantage and provide better?services?to their clients. For example, in April 2019, FRiENDi mobile, a subsidiary of Virgin Mobile Middle East and Africa, and Ooredoo Oman signed a long-term deal to provide mobile services to FRiENDi mobile customers over Ooredoo’s 4G Supernet network.

Key Segments

By Type:

• Business
• Discount
• M2M
• Media
• Migrant
• Retail
• Roaming
• Telecom

By Operational Model:

• Brand Reseller
• Service Provider
• Full MVNO

By Subscribers:

• Business
• Consumer

By Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa (MEA)
• South America