The new research report by Market Research Future (MRFR) emphasizes that the Mobile Virtual Network Operator (MVNO) Market Trends 2020 is poised to secure a significant market valuation of USD 5 Billion by 2023, at a moderate 12% CAGR over the assessment period.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Mobile Virtual Network Operator (MVNO) Market ’s fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has the Mobile Virtual Network Operator (MVNO) Market to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Mobile Virtual Network Operator (MVNO) Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
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The top market players identified by MRFR in the global market are Tracfone Wireless, Inc. (U.S.), Tesco Mobile Ltd (U.K), Virgin Mobile (U.S.), RedPocket Mobile (U.S.), AirVoice Wireless (U.S), FreedomPop (U.S.), KDDI Mobile (U.S.), Freenet AG (Germany), Polkomtel Plus (Poland), Kajeet, Inc (U.S.) among others.
Other players in markets are Verizon Communications (U.S.), Lyca Mobile Group (U.K.), Tracfone Wireless, Inc. (U.S.), Sprint Corporation (U.S.), T-Mobile AG (U.S.), CITIC Telecom International Holding Limited (Hong-Kong), AT&T (U.S.), Telefonica S.A. (Spain), among others.
The global market for MVNO is segmented on the basis of type, service, and infrastructure.
By type, the market is segmented into a reseller and service operator. A reseller is a third-party arrangement selling the services of a network provider/operator. Service operator, on the other hand, has similar controls as the network operators, without the obligation of an operator-level regulation and network engineering. Based on service, the MVNO market is segmented into network routing, customer care, handset management (2G, 3G, 4G), billing & collection, and marketing & sales. Based on infrastructure, the MVNO market is segmented as Skinny MVNO, Thin MVNO, and Thick MVNO.
The geographical overview of the global market has been conducted in four major regions, namely North America, the Asia Pacific, Europe, and the rest of the world (including Latin America and the Middle East and Africa).
The Asia Pacific is dominating the global mobile virtual network operator market with the significant market share due to growth in the telecommunication businesses of the region. The emerging economies in the region, such as Myanmar, India, Vietnam, and China, are making more efforts to increase and modernize the telecommunication services. The southeast Asian countries such as Singapore, Thailand, and the Philippines are further presumed to contribute to the regional market expansion over the prognosis period. Nations like Japan, Malaysia, and Australia growing in advanced cellular networks are expected to play a notable role in the market expansion in the Asia Pacific. In Japan, MVNO provides services such as remote supervision of vending machines, online gaming, M2M, and surveillance, among others.
The MVNO market in Europe is majorly fortified by government regulators and their favourable backing to the region. The regulators see MVNO as a method to reduce prices and increase competition. An inclination of MVNOs being used directly as a regulatory instrument can also be seen in the region. Countries such as Germany, U.K, and the Netherlands are anticipated to impact regional development in a positive manner over the review period.
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Table of Contents:
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
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