Mobile Virtual Network Operator (MVNO) Market Share , COVID – 19 Impact Analysis, Business Trends, Demographic Segmentation by Forecast 2027
The Mobile Virtual Network Operator (MVNO) Market Share is growing at a rapid pace. The proliferation of smart & connected devices and high-speed internet connectivity and continually rising demand for increased voice and data providing paid services from subscribers are major mobile virtual network operator (MVNO) market trends. Moreover, rising awareness and popularity of social media platforms together foster market growth.
The global MVNO market has opened many doors for many small and big mobile service providers. Governments worldwide allow a healthy competitive market for network regulators. According to Market Research Future (MRFR), the global mobile virtual network operator market is expected to reach an exponential valuation by 2027, growing at an impressive CAGR during the anticipated period (2020–2027).
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Competitive Outlook:
The well-established MVNO market appears highly competitive due to the presence of several large and small players. Leading players incorporate collaboration, mergers & acquisitions, product launches, and expansion to gain a larger competitive advantage.
These players make substantial investments to drive product innovation and new processes. The market attracts major new entrants to the market, demonstrating a high growth prospect. This, as a result, would intensify the market competition further.
Segmentation:
The MVNO market report is segmented into type, service, infrastructure, and regions. The type segment is sub-segmented into reseller, service operator, and others. The service segment is sub-segmented into network routing, customer care, handset management marketing & sales, and others.
The infrastructure segment is sub-segmented into skinny MVNO, thin MVNO, and thick MVNO. The region segment is sub-segmented into Americas, Europe, Asia Pacific, and the Rest-of-the-World.
Regional Analysis:
Asia Pacific dominates the global mobile virtual network operator market, heading with the telecoms, smartphones, and other devices and apps using virtual network services. Factors such as the increasing demand for high-speed internet connectivity and the rising disposable income in the region boost the market share. Besides, the rising penetration of connectivity and connected devices substantiate the market growth.
China, Japan, and India are major MVNO markets in the region, offering huge growth opportunities. Jio network India has revolutionizing technologies being one of the leading network creators and thereby giving less scope to resellers in the country.
Chinese telecom is a top-notch approach to expanding telecom services in the modern world. At the same time, Japan is also a significant market providing MNVO services in areas of online gaming, surveillance systems, vending machines, etc.
North America seizes the second-highest share in the global mobile virtual network operator market. The market is expected to show immense growth over the forecast period. Factors such as rapid technological advancements and the proliferation of the internet, mobiles, tablets, and other smart connected devices in the region drive the market growth. Additionally, the well-developed economy of the region propels the growth of the market.
The mobile virtual network operator market in Europe is witnessing significant growth, emerging as a promising market in terms of size. Based on speed, durability, and cost European government has opened its doors to new network providers.
Germany, the UK, France, and Italy are major MVNO markets, contributing to the regional market growth. Additionally, the increasing adoption of on-demand cloud services drives the mobile virtual network operator market size.
Industry News:
Virgin Mobile Middle East and Africa, a leading mobile virtual network operator (MVNO) in the region, launched operations in Kuwait. The company would launch its fully digital app-based proposition in Kuwait under the Virgin Mobile brand. All of the new operations’ IT and app technology would be based on Virgin Mobile Middle East and Africa’s digital operator platform.
The announcement follows the successful application for a business license via a partnership with Kuwait Telecommunications Company (STC) to enable its operations and secured debt and equity funding for the expansion. STC Kuwait would act as a host facilities-based provider with Virgin Mobile Kuwait to provide digital services to customers in the country.
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1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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