Mobile Virtual Network Operator (MVNO) Market Predicted to Witness Surge in The Near Future – TMR

Mobile virtual network operator (MVNO) is an entity which provides cellular services by using the existing infrastructure of any other mobile network operator (MNO). MVNO has its own data and voice plans, cost structure, and customer handling system. MVNOs provide low cost services to consumers. In addition, operators earn money through the rented spectrum used by MVNOs. Governing bodies are encouraging MVNOs to reduce the expenditure on household communications and promote efficient usage of the full spectrum. MVNOs provide customized services to consumers which are tailor-made to the requirements of consumers. The number of MVNOs is rising globally due to the support of governments and increased competition in the mobile network market. The global MVNO market was valued at US$ 47,090.1 Mn in 2017 and is forecast to grow at a CAGR of 8.6% from 2018 to 2026 reaching a value of US$ 98,438.4 Mn by 2026.

Browse Our Report @ https://www.transparencymarketresearch.com/mobile-virtual-network-operator-market.html

MNOs are supporting MVNOs to earn extra money through rent and also to deal with the competition from other network operators. In regions such as Europe, government rules and regulations have made it compulsory for operators to support MVNOs with increased spectrum available for usage. Additional bandwidth from the 3G spectrum has helped MVNOs to provide quality services to their customers. Network operators are able to provide categorized services to niche segments in the market. Cheap calling rates internationally have helped people from the same ethnicity to stay in touch with their family and friends at a low cost.

Customers using the services of MVNOs are indirectly utilizing the operator’s network. Customer acquisition has become easier and cheaper for network operators as promotional costs have reduced with the help of MVNOs. MVNOs have their own customer service system helping in building a strong relationship with the customers.

Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3261

The global mobile virtual network operator market has been segmented on the basis of operational model, type, subscriber, and geography. On the basis of operational model, the market is segmented into reseller MVNO, service operator MVNO, and full MVNO. Mature markets in the mobile phone service segment are likely to experience a decline in terms of number of MVNOs launched. In contrast, fast developing markets are trying to accommodate MVNOs much earlier into their mobile network system which will result in increased number of MVNOs launched.

Based on type, the market is classified into discount, telecom, migrant, M2M, business, retail, media, and roaming. Discount was the largest segment of the MVNO market in 2017. Customers are trying to gain low cost calling services provided by the discount MVNOs. Migrant MVNOs are gaining popularity through customized services provided to communities from the same ethnicity. M2M is considered the most promising type of MVNO due to high traction being gained by connectivity of machines and devices.

In terms of region, Europe led the MVNO market in 2017 and is expected to remain dominant throughout the forecast period from 2018 to 2026. The primary driver for the MVNO market in Europe is the government rules and regulations. Asia Pacific and South America are anticipated to experience promising growth in the MVNO market in the coming years. In an interesting development, the mature MVNO markets in the Asia Pacific region such as Korea, Japan, Hong Kong, Malaysia, and Australia have now been overtaken by newcomer, China. The China MVNO market has developed into the largest and most promising one. There are also three Asia Pacific countries to keep an eye on: Vietnam, Indonesia, and Philippines.

The global mobile virtual network operator market is largely driven by product launches and partnerships. For instance, in January 2017, Virgin Mobile renewed its five-year deal with BT’s EE Limited to provide wholesale mobile services. Under this partnership, EE Limited is projected to offer wholesale mobile network services to Virgin Mobile for an unrevealed price. In December 2017, Virgin Mobile announced the launch of ‘Recommend’ in Dubai to help customers get more value from their mobile plans.

Key players profiled in the report include AT&T Inc., Lycamobile Group, Sprint Corporation, T-Mobile AG, Verizon Communications Inc., CITIC Telecom International Holding Limited, Telefonica S.A., Tracfone Wireless, Inc., Truphone Limited, and Virgin Mobile.

Posted in

Pragati Pathrotkar

As one of the lead news writers on cmfenews, Pragati’s specialization lies in the science and technology domains. Her passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Pragati’s take on the impact of digital technologies across the science, technology, and business domains gives her writing a fresh and modern outlook.

Leave a Reply