“Latest Market Overview for Mobile Virtual Network Operator (MVNO) Market Research Report 2018-2023 with CAGR XX%
Global Mobile Virtual Network Operator (MVNO) Market Report 2018 provides actionable intelligence on factors that have been driving demand; key trends that are impacting the Mobile Virtual Network Operator (MVNO) market; challenges that affect the market dynamics along with the market size, a SWOT analysis of the key vendors, and various segments.
Competitor Analysis: by product types, market share, applications, sales, and revenue.
- Lebara Group
- KDDI Mobile
- TracFone Wireless Inc.
- FRiENDi Mobile
- Boost Mobile
- Virgin Mobile USA
- Tesco Mobile Ltd.
- Globecomm Systems
- Drillisch Telecom
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Description of Mobile Virtual Network Operator (MVNO) Market: The global mobile virtual network operator (MVNO) market was valued at USD 54.1 billion in 2017. The market is expected to register a CAGR of 8.8% during the forecast period, 2018-2023. Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. MVNO’s do not have their own infrastructure and own spectrum. However, they purchase minutes of use (MOU) from mobile network operators (MNO) and sell them back to customers. There are nearly 1,000 MVNOs, globally, who together account for around 10% of the total mobile users. Major MNOs like T-Mobile and Verizon choose MVNOs to offload the additional capacity in bulk for wholesale prices, which would instead remain unused and help cover the risk of loses. The need for cheaper service rates is increasing competition among service providers, who are compelled to see MVNOs as one of the options to gain virtual customers. The emergence of M2M (machine-to-machine), cloud, and mobile money, coupled with increased data usage rates, are expected to increase the demand for MVNOs.
Increasing Mobile Network Subscribers and Growing Penetration of Mobile Devices are Driving the Market
There has been a significant increase in the number of cellular subscribers, globally. This is because of the increasing number of consumers opting for devices that offer connectivity. One of the major connectivity devices in demand is a smartphone. Smartphones are very important because of the connectivity they provide. The number of smartphones being used internationally is relatively high, as compared to other connectivity devices. The number of smartphones/mobile devices being sold is increasing, amassing the number of mobile network subscriptions to be high, since connectivity devices cannot perform without subscriptions. According to Zenith’s mobile Advertising forecast 2017, the number of smart phone owners is expected to increase by 7% in 2018. The increasing adoption of connectivity devices and growing penetration of mobile devices are expected to lead to significant increase in the number of mobile network subscribers, in turn, boosting the growth of the global MVNO market.
Reseller Type Is expected to Dominate the Market
MVNO offers its own value-added services or holds no assets in the partnership with the mobile network operator in the reseller segment. In addition, resellers do not get any ownership of the client, infrastructure, or SIMs. Resellers do not give the MVNO the capability to fix the cost. They allow MVNOs reap the profits of operating under its own brand. The reseller is answerable for the costs of branding, sales, distribution, and share revenues with the partner MNO. However, service operators can fix the costs, independent of the costs fixed by the MNOs. Full MVNOs gain profits linked with owning the infrastructure of the network switching. The total profit gained by resellers is estimated to be less than 10%; and the profit gained by service providers is estimated to be nearly 10%-15%. Resellers virtually rely on MNOs for back-office support, thus allowing them to concentrate on branding and distribution sales. In this competitive environment, service providers are concentrating more on resellers to gain more virtual customers, thus aiding the substantial growth of resellers.
Europe Dominated the Market in 2017
Europe dominated the global MVNO market, followed by Asia-Pacific and North America in 2017. Latest technological breakthroughs have assisted the advancement of new MVNO services that can make the overall processes more efficient, as well as significantly improve accuracy in various applications. There have been a series of new product launches, mergers, and acquisitions in Europe, in an attempt to take advantage of this opportunity. The major driver behind investments has been the continuous evolution and application of advanced technologies, to unlock huge volumes, which were previously considered non-commercial. With this series of investments in the retail, discount, and migrant application segments in Europe, the market in the region is poised to grow substantially during the forecast period.
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The Global demand for Mobile Virtual Network Operator (MVNO) Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.
Following market aspects are enfolded in Global Mobile Virtual Network Operator (MVNO) Market Report:
- A wide summarization of the Global Mobile Virtual Network Operator (MVNO) Market.
- The present and forecasted regional market size data based on applications, types, and regions.
- Market trends, drivers and challenges for the Global Mobile Virtual Network Operator (MVNO) Market.
- Analysis of company profiles of Top major players functioning in the market.
Mobile Virtual Network Operator (MVNO) Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major Mobile Virtual Network Operator (MVNO) Market players in detail. Mobile Virtual Network Operator (MVNO) Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.
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Which are the important factors that are mentioned in the Mobile Virtual Network Operator (MVNO) Market report 2023?
- Key Market Dynamics: The Global Mobile Virtual Network Operator (MVNO) Market research report provides complete forecasts on the latest market trends, development methods, and research methodologies. Some of the factors that are directly in affecting the market including the Strategic Production and Methods, development platforms, and the product model itself, and even a minute change within the product profile would result in huge amount of changes within the mentioned factors. All of these factors are explained in detail in the research study.
- Major Growth Prospects:The report also focuses on some of the Key growth prediction, including new product launches, Mergers and Acquisitions, Research and Development, joint ventures, collaborations, agreements, partnerships, and growth of the key Manufacturers working effectively in the market, both in terms of regional and global scale depending on geography.
- Key Market Highlights: The report gives us an in-depth Market analysis on some of the Mobile Virtual Network Operator (MVNO) Market key factors, including revenue, cost, capacity, capacity utilization rate, production, production rate, consumption, supply, demand, Market share, CAGR, and gross margin. Additionally, the report presents a comprehensive study of the market growth factors and their latest trends, along with related Market sections and subsections.
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The growth of this market worldwide is subjected to various factors; including consumer world-class Mobile Virtual Network Operator (MVNO) Market of many Mobile Virtual Network Operator (MVNO) Market products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.