Mobile Virtual Network Operator Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : ICT

The global Mobile Virtual Network Operator market size is expected to be worth around US$ 109.10 billion by 2028, according to a new report by Vision Research Reports.

The global Mobile Virtual Network Operator market size was valued at US$ 61.3 billion in 2020 and is anticipated to grow at a CAGR of 7.7% during forecast period 2021 to 2028.

Growth Factors

The growing demand for data services and increasing number of mobile users across the globe is expected to drive the market. In addition, the increasing number of services such as cloud, Machine to Machine (M2M), and mobile money are further expected to drive demand for mobile virtual network operators over the forecast period.

The growing demand to access mobile applications, social media, and multimedia services is further expected to propel the growth of the market over the forecast period. The declining prices of smartphones are contributing to the accelerating subscriber penetration across the globe is expected to fuel the growth of the market. Furthermore, increasing partnerships formed by key players for providing high-speed data services to consumers is anticipated to drive market growth over the forecast period.

Favorable government guidelines for mobile virtual network operators (MVNOs) allow them to access the Single Wholesale Network (SWN) and the mobile operator networks, as well as eliminate national roaming charges. This is expected to drive the growth of the market over the forecast period. The increasing government initiatives, such as the Digital Single Market (DSM) strategy, to eliminate copyright issues and geo-blocking problem and to provide better network service access for consumers in the Europe is expected to drive growth of the market over the forecast period.

Report Highlights

On the basis of type, the MVNO market is segmented into business, discount, M2M, media, migrant, retail, roaming, and telecom. The market is expected to witness significant growth in the M2M market due to the increasing adoption of cellular connectivity in machines ranging from vehicles to vending machines  Technical advancements in the 3G M2M market, an extension of mobile network coverage, and initiatives by MNOs to expand their service offerings are the key factors supporting the growth of MVNOs in the M2M market. There has been a significant increase in the number of MNOs collaborating with M2M application service providers, which is expected to drive the demand for mobile network element deployment in M2M applications over the forecast period.

MNOs offer various service plans and products for different markets having fewer users, which leads to expensive and inefficient operational and business support systems. The cost associated with retaining and acquiring new customers is relatively high, mainly for fixed term contracts. The mobile virtual network operators can help in overcoming cost issues, optimizing resource allocation, and improving the Quality of Service (QoS). This, in turn, would contribute to the growth of the market for mobile virtual network operators. 

On the basis of end-use, the market is segmented into consumer and enterprise. The consumer segment dominated the market for mobile virtual network operators in 2019 and is expected to maintain its dominance over the forecast period. Increasing network speed and the use of advanced devices enable the growth of data applications such as internet browsing and video streaming. Increasing investments are made to improve network coverage and growth in Mobile Broadband (MBB) connections. The mobile virtual network operator model offers benefits such as time efficiency and cost-effectiveness, which is expected to lure more consumers, in turn, accelerating the growth of the consumer segment.

Managing connected living, personal data, and rising e-commerce activities is also anticipated to provide significant growth opportunities for key players operating in the market for mobile virtual network operators along with increasing consumer benefits. Intelligent networks connecting a wide range of devices enable increased productivity of enterprises. The partnership between MNOs and MVNOs majorly depends on brand reputation, distribution network, promotional strategies, and access to segments

On the basis of the operational model, the market is segmented into full MVNO, reseller MVNO, and services operator MVNO. The full MVNO segment dominated the market for mobile virtual network operators in terms of revenue in 2019. Implementation of full MVNO network infrastructure requires low capital investment and gives full call control, which allows customers to call internationally at highly discounted rates. The emergence of mobile virtual network operator is the result of regulatory interventions to lower the barriers for entry and eventually increase competition and strategic decisions undertaken by MNOs.

Europe dominated the market for mobile virtual network operators in 2019. The growth can be attributed to the favorable regulatory framework, which is expected to play a crucial role in developing the mobile virtual network operators. Countries such as U.K., Germany, and Netherlands are projected to impact regional growth in a positive manner over the forecast period. Data services are expected to be the key services for regional growth over the forecast period.

Asia Pacific and MEA are projected to experience significant growth over the forecast period. The growth of the market for mobile virtual network operators in the Asia Pacific region can be attributed to the phenomenal expansion of the telecom services industry in this region. Emerging economies in the region, such as India, Vietnam, Myanmar, and China, are making efforts in the expansion and modernization of their telecommunication services. South East Asian countries such as Thailand, Singapore, and the Philippines are also estimated to contribute substantially to the regional market expansion over the forecast period.

Countries with advanced cellular networks such as Japan, Malaysia, and Australia are expected to play a major role in the expansion of the Asia Pacific regional market. For instance, in Japan, MVNOs offer services such as remote management of vending machines, online gaming, M2M, and surveillance. They also provide voice-controlled services in security applications and patient monitoring in the healthcare industry.

Key Players

Lebara Group; Lyca Mobile; TalkTalk Group; Giffgaff; Poste Mobile SpA; Virgin Mobile; and TracFone Wireless Inc. Geographic expansion remains the key focus of all the players operating in the market.

Market Segmentation

  • Type Outlook 

    • Business

    • Discount

    • M2M

    • Media

    • Migrant

    • Retail

    • Roaming

    • Telecom

  • Operational Model Outlook

    • Full MVNO

    • Reseller MVNO

    • Service Operator MVNO

  • End-use Outlook 

    • Consumer

    • Enterprise

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • Netherlands

      • Italy

      • U.K.

      • Spain

      • France

    • Asia Pacific

      • Australia

      • Japan

      • Singapore

      • Hong Kong

      • Malaysia

    • Latin America

      • Colombia

      • Brazil

      • Mexico

    • MEA

      • Middle East

      • Africa

The Mobile Virtual Network Operator market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Mobile Virtual Network Operator market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Mobile Virtual Network Operator market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Mobile Virtual Network Operator market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Mobile Virtual Network Operator market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Mobile Virtual Network Operator capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Mobile Virtual Network Operator by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Mobile Virtual Network Operator market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Mobile Virtual Network Operator market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Mobile Virtual Network Operator market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Mobile Virtual Network Operator industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Mobile Virtual Network Operator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Mobile Virtual Network Operator market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Mobile Virtual Network Operator market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Mobile Virtual Network Operator market. These factors have benefited the growth of the global market for Mobile Virtual Network Operator. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Mobile Virtual Network Operator. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Mobile Virtual Network Operator are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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