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Rapid demand for cost-effective wireless networks to support – Illinoisnewstoday.com

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India, Pune, August 2, 2021 (GLOBE NEWSWIRE)-The size of the global mobile virtual network operator (MVNO) market 123.40 billion By 2028 7.9% During the forecast period. Fortune Business Insights ™ This information is “Mobile Virtual Network Operator (MVNO) Market Size, share, impact analysis of COVID-19, by operational model (reseller MVNO, service provider MVNO, full MVNO), by service type (postpaid and prepaid), by subscriber (business and individual / residential), regional forecast, 2021-2028“.According to the report, the value of the market is US $ 67.54 billion In 2020.

Thanks to faster and better ways of communicating, the world has become a smaller place. Moreover, as the business era is on the verge of the Fourth Industrial Revolution, companies will juggle more technology than ever before. And these technologies require continuous and reliable networking. It is estimated that the widespread use of cutting-edge technologies such as the Internet of Things (IoT) and artificial intelligence (AI) will increase the demand for mobile virtual network operators. In addition, the non-profit sector is witnessing the rapid demand for cost-effective wireless network services that meet day-to-day requirements such as high-speed Internet connectivity, online gaming, streaming, and video conferencing.

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Report scope and segmentation:

Report coverage detail
Forecast period 2021 to 2028
Forecast period 2021 to 2028 CAGR 7.9%
Value forecast for 2028 US $ 123.40 billion
Base year 2020
Market size in 2020 US $ 67.54 billion
Historical data 2017-2019
page number 140
Target segment By operation model, by service type, by subscriber, by region
Growth driver Growth of eSIM trends to rebuild the mobile virtual network operator market
Network slicing of 5G technology to provide growth opportunities for the market
Network slicing in 5G technology provides network operators with the opportunity to offer differentiated and innovative services.
Pit pits and challenges High vulnerability to fraud and security breaches can challenge market growth

Market segmentation

We categorized the market based on operational model, service type, subscribers, and region. From an operating model perspective, the market is divided into reseller MVNOs, service provider MVNOs, and full MVNOs. It is divided into postpaid and prepaid based on the type of service. Based on subscribers, it is divided into business and personal / residential. Finally, based on geography, it is divided into North America, Europe, South America, Asia Pacific, and the Middle East and Africa.

The COVID-19 pandemic is a source of confusion in terms of business operations. While some parts of the business world were adversely affected during the pandemic, others were brought up in crisis. The global MVNO market is associated with the second category. Due to the heavy traffic on the Internet during lockdown, MVNOs have been blessed with a large customer base while the demand for better network infrastructure is growing rapidly. However, market growth has been slightly impacted by the lack of support from complementary sectors. According to our analysis, the global market will show low growth of 7.3% in 2021.

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What does the report provide?

The report provides a detailed analysis of key market aspects: dominant companies, end users, and key product types. Apart from this, the report contains specific insights into current and future market trends, focusing on the development of prominent industries. In addition to these factors, the report provides an overall understanding of the key drivers, constraints, and segments that are contributing to market growth.

Driving factors

Large investment in 5G infrastructure around the world to drive growth in the MVNO market

As of 2020, total spending on 5G infrastructure has doubled from the previous year, according to Gartner. Well-known network carriers around the world are investing extensively in the same to achieve their largest customer base. This trend is estimated to drive the growth of the global mobile virtual network operator market. For example, by 2025, there will be approximately 1.2 billion 5G connections worldwide, as published by the GSM Association (GSMA). However, the high risks associated with roaming scams are expected to hinder the growth of mobile virtual network operators.

Regional insights

Clear presence of prominent companies to boost European demand

Europe has a market value of US $ 25.76 billion in 2020 and is set to lead the global MVNO market share during the forecast timeline. The apparent presence of industry leaders, coupled with supportive regulatory frameworks from countries such as Germany, the United Kingdom, France and Spain, is projected to increase the demand for mobile virtual network operators in the region. In addition, these growth opportunities are helping some large and small businesses expand their operations in the region. This will further drive market growth.

North America is projected to secure the second largest market share during the projected timeline. Growth in the region is primarily due to the increasing adoption of services such as Voice over Internet Protocol VoIP, mobility services and data services.

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Competitive landscape

Collaboration with established carriers to assist key players expands the customer base

Start-ups operating in the global mobile virtual network operator market are focused on collaborating with established network carriers. This allows you to expand your customer base globally. In addition, these players aim to leverage the latest technology to upgrade their product lines. For example, November 2019, Virgin Mobile USA Inc. Has partnered with Vodafone UK to sign a mobile virtual network operator agreement. This will allow the company to reach more than 3 million customers.

Industry development:

February 2019 – Google Fi has expanded its MVNO partnership with Sprint to take advantage of the latter company’s 5G technology. This agreement helps Google Fi provide its customers with the innovative services enabled by Sprint’s 5G services.

List of major companies covered in this market report:

• Virgin Mobile USA Inc. (Missouri, USA)

• Xfinity Mobile (Pennsylvania, USA)

• Verizon Wireless (New York, USA)

• T-Mobile US Inc. (Washington, USA)

• Airvoice Wireless (Michigan, USA)

• Dish Wireless LLC (Colorado, USA)

• Republic Wireless (North Carolina, United States)

• GoogleFi (Google LLC) (California, USA)

• Boost Mobile (California, USA)

• Lycamobile (London, UK)

• Mobileum (California, USA)

• Lebara Group BV (London, UK)

• FRiENDiMobile (Muscat, Oman)

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table of contents:

    • Preface
      • Definition by segment
      • Survey method / approach
      • Data source
    • Important point
    • Market dynamics
      • Macro and micro economic indicators
      • Driving factors, constraints, opportunities and trends
      • Impact of COVID-19
        • Short-term impact
        • Long-term impact
    • Competition landscape
      • Business strategy adopted by key players
      • Key player integrated SWOT analysis
      • Porter’s Five Forces Analysis
    • Global Mobile Virtual Network Operator (MVNO) Key Player Market Share Insights and Analysis, 2020
    • Key market insights and strategic recommendations
    • Main answers of the main interviewees
    • Profiled company (Only for key 10 players)
      • overview
        • Key management
        • Headquarters, etc.
      • Offering / Business Segment
      • Main details (Important details depend on the availability of data in the public domain and / or paid databases)
        • Employee size
        • Major finance
          • Past and present revenue
          • gross profit
          • Geographical sharing
          • Business segment share
      • Recent development
    • Appendix / Appendix
      • Global Mobile Virtual Network Operator (MVNO) Market Size Estimates and Forecasts (Quantitative Data), by Segment, 2017-2028
        • By operating model (value)
          • Reseller MVNO
          • Service provider MVNO
          • Full MVNO
        • By service type (value)
        • By subscriber (value)
          • jobs
          • Private / Housing
        • By region (value)
          • North America
          • South America
          • Europe
          • Middle East and Africa
          • Asia Pacific
      • Market size estimates and forecasts (quantitative data) for mobile virtual network operators (MVNOs) in North America, by segment, 2017-2028
        • By operating model (value)
          • Reseller MVNO
          • Service provider MVNO
          • Full MVNO
        • By service type (value)
        • By subscriber (value)
          • jobs
          • Private / Housing
        • By country (value)
          • America
          • Canada
          • Mexico

TOC continued …!

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Fortune Business Insights ™ provides accurate data and innovative corporate analytics to help organizations of all sizes make the right decisions. We tailor innovative solutions for our clients to help them meet a variety of business-specific challenges. Our aim is to provide a detailed overview of the markets in which they operate and to empower them with overall market intelligence.

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