Published Date: August 9, 2021
Mobile Virtual Network Operator (MVNO) Market size is set to surpass USD 125 billion by 2027, according to a new research report by Global Market Insights Inc.
The MVNO market growth is attributed to the expanding telecom sector in both developing and developed economies. MVNOs enable wireless carriers to expand into new geographic areas and offer unique products & features, boosting connectivity and responding to niche the market demands. MVNOs not only benefit the consumers but also support other private players active in the market, particularly Mobile Network Operators (MNOs). By purchasing wholesale access from network operators, mobile virtual network operators generate supplementary revenue streams for MNOs and circumvent the expensive duplication of networks assets. The charges paid by MVNOs to secure access to the MNOs’ infrastructure can be re-invested in the latest broadband infrastructure, such as 5G, and in the digital development of areas where mobile connectivity is absent or limited.
The coronavirus (COVID-19) pandemic negatively impacted the MVNO market in the first half of 2020 due to strict lockdowns imposed by government administrations globally. With the increasing adoption of digital platforms, such as Video-On-Demand (VOD), video conferencing, and e-learning, there is a growing demand for cost-effective telecom solutions. The rising usage of these technologies will fuel the demand for mobile virtual network operators that offer high-quality data services. With educational institutions utilizing remote learning techniques, there is a high demand for superior quality telecom services even in remote villages. This factor will encourage virtual network operators to partner with MNOs to expand their market reach.
The light MVNO business model delegates the network’s operational management to its host operator to focus on customer-oriented tasks such as sales, service, and marketing. This model enables to build a mobile operator business without bearing infrastructure expenses. The light MVNO business model will gain traction as it particularly suits SMEs entering the industry. As SMEs have budget constraints, they can easily enter the mobile services market without heavy investments in network infrastructure. Market leaders are focusing on offering high-quality services to ensure robust growth.
Browse key industry insights spread across 280 pages with 223 market data tables and 30 figures & charts from the report, “Mobile Virtual Network Operator (MVNO) Market Size By Business Model (Full MVNO, Light MVNO, Service Provider, Branded Reseller), COVID-19 Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/mobile-virtual-network-operator-mvno-market-report
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Europe MVNO market will witness rapid growth through 2027 led by the robust telecom sector, which is rapidly adapting to the changing consumer requirements. MVNOs operate around 10% of all EU SIM cards. MVNO Europe represents the interests of mobile virtual network operators active in the European mobile and Internet of Things markets. It creates an openly accessible market for all MVNOs, enabling them to contribute to the telecommunications sector growth. The members for mobile virtual network operators in Europe serve around 20 million subscribers. The developing 5G and cloud landscape in the region will further provide an impetus to the market progression.
Key companies operating in the market include Asahi Net, Asda Mobile, BT Mobile, GiffGaff Ltd., Best Cellular, Consumer Cellular, Dish Wireless LLC, Freenet AG, Kajeet Inc., KDDI Corporation, Lebara, Lyca Mobile, Tesco Mobile, Tracfone Wireless Inc., Truphone GmbH, and Virgin Media Business.
The market is characterized by multiple strategic collaborations and acquisitions that help participants to extend their reach. For instance, in September 2020, BT Mobile extended its MVNO contract with Utility Warehouse Limited by five years. Under the contract, UW’s mobile customers will have access to BT’s 4G and 5G EE mobile networks while profiting from VoLTE and VoWiFi functionality
Preeti Wadhwani, Saloni Gankar