Full MVNO business model is expected to grow at high rates over the forecast timespan in the Mobile Virtual Network Operator Market. This model enables companies to achieve new revenue streams by catering to the untapped market segments. Growth opportunities for the full network operators are high owing to the low-cost entry in the Mobile Virtual Network Operator Market. These companies are witnessing high demands owing to an increased focus on consumer services and high profitability. They focus on providing low cost and high-quality network services to business and private subscribers owing to the enhanced customer-specific packages.
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Mobile virtual network operator market has been gaining extensive recognition in recent times, in sync with the evolving business models in a hyper connected digital realm. The progressive pathway carved by Mobile Virtual Network Operator Market is vividly evident from the recorded share of USD 55 billion in 2017. Even nearly half a decade back, MVNOs were mostly associated with B2C (business-to consumer) services, and the marketplace has experienced many ups and downs with economic forces and consumer preferences. Now, close to the termination of three decades since its onset in 1990’s, with the influx of huge data in IT infrastructure, the industry is observing lucrative opportunities from the B2B space.
Lately, as it has been observed, mobile virtual network operator market is remnant of encouraging initiatives by renowned biggies who have been constantly collaborating with vendors to extend the service network. In this regard, it is important to take note that product and price differentiation are the major parameters where the Mobile Virtual Network Operator Market players are focusing on to win a competitive edge. Mentioned below is a gist of some of the latest contributions by companies making an impact on the mobile virtual network operator industry landscape.
Emerging economies of the Asia Pacific belt, in this regard, are forming lucrative growth grounds for potential Mobile Virtual Network Operator Market investors looking for opportunities. The tremendous growth in telecom infrastructure development, rising adoption of 3G & 4G services, increasing smartphone penetration and data traffic are some of the crucial factors that are poised to have a lasting impact on the growth dynamics of the APAC region. Speaking of the which, it is prudent to mention that China Mobile Virtual Network Operator Industry represents a significant portion of the APAC industry, having contributed a lucrative share toward the regional industry. In 2014, the MIIT (Ministry of Industry and Information Technology) China issued around 37 MVNO licenses in the wake of the growing competition in the mobile service sector and recently in 2018, the authority introduced a proposal to issues formal licenses to private firms to sell mobile services.
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This undoubtedly has attracted foreign-investment firms in the country that has uplifted the growth of China mobile virtual network operator industry. Given the favorable investment scenario and governmental initiatives, reports forecast the China Mobile Virtual Network Operator Industry to register a y-o-y growth of 16% over 2018-2024. The data clearly goes on to validate that down the line of six years, China will prove to be a strong participant in the global mobile virtual network operator market with an estimated 59 million mobile subscribers.
All in all, the intense strategies adopted by industry titans to increase their profit margins and favorable governmental initiatives elevating emerging economies to be next lucrative investment hubs are generating excellent expansion prospects for Mobile Virtual Network Operator Industry growth. A presumption validating the same is of Global Market Insights, Inc., that claims the global mobile virtual network operator market to witness a double-digit CAGR of 12% over 2018-2024.
Major Key Points from Table of Content:
Chapter 4. MVNO Market, By Business Model
4.1. Key trends in MVNO by business model
4.2. Full MVNO
4.2.1. Market estimates and forecast, 2013 – 2024
4.2.2. Market estimates and forecast by region, 2013 – 2024
4.3. Light MVNO
4.3.1. Market estimates and forecast, 2013 – 2024
4.3.2. Market estimates and forecast by region, 2013 – 2024
4.4. Service provider MVNO
4.4.1. Market estimates and forecast, 2013 – 2024
4.4.2. Market estimates and forecast by region, 2013 – 2024
4.5. Branded reseller
4.5.1. Market estimates and forecast, 2013 – 2024
4.5.2. Market estimates and forecast by region, 2013 – 2024
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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