The global mobile virtual network operator (MVNO) market size is estimated to be valued at USD 112.0 billion by 2025. The growing number of smartphone users globally have resulted in a surge in the demand for network services, especially for low cost data and voice calling services. This has presented the mobile virtual network operators around the world with tremendous revenue generation opportunities. The rapid increase ind the number of MVNOs to capitalize on these opportunities are responsible for the boom in the mobile virtual network operator market.
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The major factor driving the growth of the MVNO market is the increasing number of network subscribers resulting from the growing penetration of mobile devices. A cell phone user subscribed to a network operator has the option of availing the services of multiple MVNOs on the same phone. The MVNOs and the MNOs are focusing on specific markets and niches and coming up with customized plans that would expand their customer reach and create brand awareness. This consumer segment targeting allows the MVNOs to come with plans that makes it stand out from its competitors as well as reduces their cost of advertising.
On the basis of operational model, full MVNO accounted for the largest market share in 2017. A full MVNO has total control over the retail pricing and also over the client with its own International Mobile Subscriber Identities (IMSIs). It operates like an MNO in all ways except for the ownership of radio access networks. It offers network switching, content and service applications, billing and customer care, branding, marketing and sales services in the MVNO value chain. Thus, the extended suite of services offered by a full MVNO results in a high revenue generation as compared to the other operational models.
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Geographically, Europe accounted for a major market share in the MVNO market owing to the presence of a large number of MVNOs in this region. There have been a series of new product launches, mergers, and acquisitions in especially in Western Europe. In December 2017 China Mobile International, a subsidiary of China Mobile – the world’s largest mobile operator by subscribers–launched an MVNO in the UK under the CMLink brand name. The rapid growth of MVNO in the Europe is due to the increasing initiatives by telecom regulators to reduce tariff rates by increasing competition. Along with this, maximizing the use of radio frequency and spectrum capacity of the MNOs is another factor leading to growth of MVNOs in this region.
The competitive landscape of global mobile virtual network operator market is highly fragmented owing to the presence of several local players. Companies including Boost Mobile, Drillisch Mobile, FRiENDi Mobile, Globecomm Systems, Inc., KDDI Mobile, Lebara Group, Lycamobile, PosteMobile, Tesco Mobile Ltd, TracFone Wireless Inc., and Virgin Mobile USA amongst others.
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Key Segments of the Global Mobile Virtual Network Operator (MVNO) Market
Operation Model Overview, 2014 - 2025 (USD billion)
Reseller
Service Operator
Full MVNO
Others
Subscriber Overview, 2014 - 2025 (USD billion)
Business
Consumer
Application Overview, 2014 - 2025 (USD billion)
Discount
Cellular M2M (Machine to Machine)
Business
Media & Entertainment
Migrant
Retail
Roaming
Telecom
Others
Services Overview, 2014 – 2025 (USD billion)
Sales Service
Customer Service
Mobile Service
Others
Regional Overview, 2014 - 2025 (USD billion)
North America
U.S.
Canada
Europe
UK
Italy
France
Germany
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Japan
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Arica
Rest of Middle East & Africa
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The global mobile virtual network operator (MVNO) market size is expected to reach USD 112.0 billion by 2025, owing to the increasing demand for low tariff network services among consumers.MVNOs have evolved from being an operator providing its customers with just the basic services such as voice calling, to its present status as a provider offering several value-added services.
The virtual operators strive hard to create small pockets in the market by virtue of product and price differentiation.Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/71The MVNOs are operators that lease spectrum and radio frequency from mobile network operators (MNOs) and resell it to the consumers.
Thus, the MVNO model is a genuine profit-making proposition which is gaining momentum at a tremendous pace in global telecom market.The primary factors that are having a significant impact on the growth of global MVNO market are the growing number of users having access to mobile phones, and the development in the wireless services industry.
The number of mobile phone users globally was estimated to be around 4.3 billion in 2017 and is expected to increase due to individuals owning more than one handset.
This has also led to an increasing demand for low cost plans along with excellent customer relation management services.On the basis of operational model, full MVNO accounted for the largest market share in 2017.
It offers network switching, content and service applications, billing and customer care, branding, marketing and sales services in the MVNO value chain.
Market HighlightsGlobal Cellular M2M Market has been segmented based on Services Application, End User, Organization Size, and Region.Based on services, the cellular M2M market has been segmented into Connectivity services, Professional services, and Managed servicesBased on application, the cellular M2M market has been segmented into Asset tracking and monitoring, Predictive maintenance, Telemedicine, Fleet management, Warehouse management, Industrial automation, Smart meter, others.
Furthermore, the other segment is sub segmented into connected cars, point of sale (POS), and digital signageBased on end user, the cellular M2M market has been segmented into Healthcare, Energy and utilities, Transportation and logistics, Manufacturing, Others.
Furthermore, the other segment is sub dived into Automotive and RetailBased on Organization Size, the cellular M2M market has been segmented into Large Enterprises, Small and Medium Enterprises (SMEs)Based on region, the cellular M2M market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and South AmericaGet a Free Sample @ https://www.marketresearchfuture.com/sample_request/10450Key PlayersThe key players in the global cellular M2M market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
These include AT ( US ) , Verizon ( US ) , T-Mobile ( US ) , Deutsche Telekom ( Germany ) , Orange S.A. ( France ) , Telefonica ( Spain ) , Vodafone ( UK ) , Ericsson ( Sweden ) , Kore Wireless ( US ) , Aeris ( US ) , Arm holdings ( UK ) , China Mobile ( China ) , Infineon ( Germany ) , Thales Group ( France ) , Orbocomm ( US ) , Telit ( UK ) , Giesecke+Devrient ( Germany ) , Cubic Telecom ( Ireland ) , KPN ( Netherlands ) , A1 Digital ( Austria ) , SK Telecom ( South Korea ) , Rogers Communications ( Canada ) , Telenor Connexion ( Sweden ) , Truphone ( UK ) , and 1oT ( Estonia )Regional AnalysisGlobal Cellular M2M Market is expected to expand at an 72.00% CAGR during the forecast period, to reach 16,092.5 Million by 2026.
The geographic analysis of the Cellular M2M market has been conducted in North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.North America is expected to be the dominating region due to the faster adoption of innovative technologies in developed countries such as the US and Canada.
This growth can be attributed to increasing acceptance of the cellular M2M in the business operations across various industries.
According to research report "Cellular M2M Market by Service (Connectivity, Professional, and Managed), Application (Asset Tracking and Monitoring, Predictive Maintenance, Telemedicine, and Fleet Management), End User, Organization Size, and Region - Global Forecast to 2025", size is projected to grow from USD 8.3 billion in 2020 to USD 21.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.
The major factors driving the growth of the cellular M2M market include growing adoption of high-speed internet and connectivity technologies, such as 4G and 5G; significant cost reduction of connectivity applications enabling an increase in the adoption of connected devices and services; increasing software application integration in devices for improving performance; increasing demand for remote monitoring of the devices for cost-effectiveness; and high growth of government regulations in telecom and communications sector.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228633446Browse 276 market data Tables and 36 Figures spread through 236 Pages and in-depth TOC on "Cellular M2M Market by Service (Connectivity, Professional, and Managed), Application (Asset Tracking and Monitoring, Predictive Maintenance, Telemedicine, and Fleet Management), End User, Organization Size, and Region - Global Forecast to 2025"By services, the connectivity services segment to lead the market during the forecast periodThe demand for connectivity services is increasing with the rise in complicated applications being deployed by customers.
The M2M asset tracking application helps businesses efficiently track their assets to improve employee safety, drive process automation, and optimize their supply chain.
With the help of cellular M2M solutions, the logistic and transportation processes are being innovated, and companies are implementing customizable solutions for the efficient functioning of the supply chain and delivery systems.APAC to grow at a higher CAGR during the forecast periodAPAC is driven by the growing acceptance of cloud-based solutions, emerging technologies such as the IoT, and big data analytics and mobility.
Various business enterprises located in the region are partnering with fellow mobile network operators and communication service providers to enhance and provide tailor-made offerings to cater to the local enterprise firms.Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=228633446Key players operating in the cellular M2M market include AT (US), Verizon (US), T-Mobile (US), Deutsche Telekom (Germany), Orange S.A. (France), Telefonica (Spain), Vodafone (UK), Ericsson (Sweden), Kore Wireless (US), Aeris (US), Arm holdings (UK), China Mobile (China), Infineon (Germany), Thales Group (France), Orbocomm (US), Telit (UK), Giesecke+Devrient (Germany), Cubic Telecom (Ireland), KPN (Netherlands), A1 Digital (Austria), SK Telecom (South Korea), Rogers Communications (Canada), Telenor Connexion (Sweden), Truphone (UK), and 1oT (Estonia).
These players have adopted various organic and inorganic strategies to grow in the global cellular M2M market.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
