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The mobile virtual network operator services market size has the potential to grow by USD 29.8 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth.
This report provides a detailed analysis of the market by end-user (consumer and enterprise) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape. It offers information on several market vendors, including 7-Eleven Canada Inc., Airvoice Wireless, Asahi Net Inc., Drillisch Telecom GmbH, Lebara Group BV, Lycamobile UK Ltd., PostePay SPA, Speedcast International Ltd., Talkmobile Ltd., and TracaFone Wireless Inc.
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The MVNO services market is fragmented. the presence of a large number of players competing on the basis of price. As MVNOs do not own the infrastructure and depend on mobile operators, they do not have significant capital requirements and are able to offer low prices for services. Furthermore, to differentiate themselves from mobile operators and reduce competition, MVNOs offer specific services targeting niche segments. Apart from focusing on niche segments, geographic expansion remains the key focus of all the companies operating in this market. Vendors are slowly shifting from a discount-based approach to a value-based approach. 7-Eleven Canada Inc., Airvoice Wireless, and Asahi Net Inc. are some of the major market participants. Although increasing the adoption of the MVNO model by telecom companies will offer immense growth opportunities, a lack of favorable regulatory framework will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this mobile virtual network operator services market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and provides information on the products offered by various companies. Moreover, this mobile virtual network operator services market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
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Europe will offer several growth opportunities to market vendors during the forecast period. The adoption of advanced mobile technologies and the high penetration of smartphones will significantly influence the growth of the mobile virtual network operator services market share of this region.
57% of the market's growth will originate from Europe during the forecast period. The UK and France are the key markets for mobile virtual network operator services in Europe. Market growth in this region will be slower than the growth of the market in APAC and North America.
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The consumer segment of the global MVNO services market includes individual customers that avail prepaid and postpaid data and network services. The growth in the segment is expected to occur due to the growing pentation of the Internet as well as smartphones. As a result, the demand for data services for smartphones is rising, which is expected to contribute to the growth of the segment.
Market growth in this segment will be slower than the growth of the market in the enterprise segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile virtual network operator services market size.
The growing adoption of the MVNO model by mobile operators and telecom companies will be a major factor driving the market during the forecast period. MVNOs do not operate their infrastructure, which provides them the flexibility to expand offerings without making huge investments. There are various benefits of buying communication services from an MNVO, such as need-specific offerings, high focus on services, and low prices. These benefits attract a large number of customers. Hence, the MVNO model is becoming popular among telecom companies. Mobile operators generally offer generic services as they aim to serve millions of consumers and businesses with a standardized approach. On the contrary, MNVOs focus on specific segments in the market and thus offer customized plans. Moreover, as MVNOs do not require a large workforce and investment to build and maintain networks, they focus more on customer satisfaction when compared to MNOs. As a result, MVNOs generally offer lower prices and better benefits compared to MNOs.
The demand for data and other value-added services has increased, with the growing use of smartphones due to high affordability and low cost of data plans. Customers are increasingly using their smartphones to access the Internet and stay connected through apps such as Instagram, Facebook, and Twitter. With the growing demand for smartphones, manufacturers are introducing smartphone models in different price ranges. MVNOs aid in increasing revenue for MNOs as they provide wholesale deals. They also help in increasing the network utilization for MNOs and further enables them to create MVNOs by launching sub-brands. The rising number of partnerships by vendors for providing high-speed data services will further expand the MVNO services market during the forecast period.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
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