Global Mobile Virtual Network Operator (MVNO) Market to Double by 2023: Transparency Market Research

According to a new market report published by Transparency Market Research “Mobile Virtual Network Operator (MVNO) Market (By Operational Model – Reseller MVNO, Service Operator MVNO, and Full MVNO; By Types – Business, Retail, Media, and Others; By Subscriber – Business and Customer Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023,” the mobile virtual network operator (MVNO) market is expected to reach a value of US$ 75.25 Bn by 2023, rising from US$ 39.12 Bn in 2014. The market is estimated to expand at a CAGR of 7.4% during the forecast period from 2015 to 2023.

In 2014, Europe was the market for MVNO as European Commission (EU) regulations supported the growth of MVNO’s to promote competition within industries in this region. North America was the second largest market in terms of revenue generation in 2014. However, due to growing need for low priced services, and rising competition in the telecom industry, the Latin America market for MVNO is anticipated to be the fastest growing market with a projected CAGR of 10.4%, followed by Asia Pacific during the forecast period.

In Asia Pacific countries such as Japan, South Korea, Australia, and Hong Kong, where competition is becoming fiercer, the expectations of customers is forcing telecom players to target niche customer segments. MVNOs are often better suited to target niche segments due to their operational model. Thus, MVNOs are expected to see increasing growth in Asia Pacific during the coming years. However, factors such as uncertainty of regulations in this region have kept many initiatives on hold. In Latin America, factors such as healthy MVNO – MNO relationship and viable business strategy are responsible for increasing the adoption of MVNOs. The entry of global players such as Virgin Mobile and Lebara during recent years has given new impetus to the MVNO market for data and voice services in Middle East and Africa (MEA). However, MEA is a smaller market for MVNO due to an imbalanced economy and unavailability of enhanced infrastructure. At the same time, government initiatives in the region are expected to promote the growth of the MVNO market during the coming years.

The MVNO market is highly competitive and the competition is often on the basis of pricing. The key players are focusing on differentiating their offerings and adding value added services (VAS) in their portfolio in order to stay competitive. Also, with the decline in average revenue per user (ARPU), MVNOs have shifted focus to data oriented VAS. The key players dominating the MVNO market are Affinity Cellular Ltd., T-Mobile International AG, Verizon Wireless Inc., CITIC Telecom International Holdings Limited, AT&T Inc., Virgin Mobile, TSC Acquisition Corporation, Truphone Limited, TracFone Wireless, Inc., and Telefónica, S.A.

 Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/mobile-virtual-network-operator-market.htm

The Mobile Virtual Network Operator (MVNO) market is segmented as below:

 Mobile Virtual Network Operator (MVNO) Market

By Operational Model

  • Reseller MVNO
  • Service Operator MVNO
  • Full MVNO

By Types

  • Business
  • Retail
  • Media
  • Others

By Subscribers

  • Business
  • Customers

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