New York, NY 14 May 2021: The Mobile Virtual Network Operator market is anticipated to reach over USD 123 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.
The growing demand for mobile broadband services, and improved service capabilities have boosted the adoption of MVNO. The rising penetration of mobile devices, and increasing trend of BYOD further support the growth of this market. The rising adoption of virtualization, cloud, and big data analytics has supported market growth over the years. Increasing investments by vendors in technological advancements coupled with growing mobile subscriber base would accelerate the growth of the MVNO market during the forecast period. However, low profit margins, and lack of awareness hinder the market growth. Growing demand from emerging economies, ad technological advancements are expected to provide numerous growth opportunities in the coming years.
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The subscriber segment is bifurcated into business and consumer. The consumer segment dominated the global Mobile Virtual Network Operator market in 2017. The growing penetration of mobile devices and increasing demand for high speed mobile broadband boosts the adoption of MVNO in this segment.
The type segment is divided into media and entertainment, business, retail, discount, telecom, cellular M2M, roaming, and others.
Europe generated the highest revenue in the Mobile Virtual Network Operator market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand for mobile broadband services, and increasing demand for value added services drive the Mobile Virtual Network Operator market growth. The growing trend of BYOD, IoT, big data analytics, and virtualization further increase the demand for mobile virtual network operator. The growing penetration of mobile devices, and technological advancements further support market growth in the region. The companies in the region offer differentiated value proposition at low prices to expand its customer base and geographical reach. The Asia-Pacific Mobile Virtual Network Operator market is expected to grow at the highest CAGR during the forecast period owing to growing demand from the developing countries of the region.
The well-known companies profiled in the Mobile Virtual Network Operator market report include Virgin Mobile, Verizon Wireless Inc., Telefónica, S.A., AT&T Inc., T-Mobile International AG, FreedomPop, Boost Mobile LLC, TracFone Wireless, Inc., Drillisch Telecom, and KDDI Mobile. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Mobile Virtual Network Operators Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the mobile virtual network operators market include Lebara Group BV, TracFone Wireless Inc., FRiENDi Mobile,.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Mobile Virtual Network Operators Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/mobile-virtual-network-operators-market/download-sampleMarket DynamicsThe demand for MVNO is gradually on the rise as they are not only offering mobile telephone services to consumers at low cost but offering value to MNO as well.
Other key driving factors for MVNO market growth are increasing penetration of mobile phones and increasing subscriber base, growing demand for services like cloud, live streaming, mobile money, M2M, and advanced wireless network technology.
However, factors like store closure due to Covid-19 affecting device sales and subscriber addition and lack of operational knowledge will hamper MVNO market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
