Global Mobile Virtual Network Operator Market: Snapshot
The global mobile virtual network operator (MVNO) market is a progressive one with monumental rise in the number of mobile subscribers. The incessantly rising demand for low-cost data and voice services is luring service providers to purchase network services at wholesale rates from mobile network operators (MNOs) and sell them as bundled services at their own rates. This not only helps to use the excess bandwidth but also to offer customized services and boost revenue of mobile operators. Most MVNOs do not require 4G/LTE networks to gauge consumer parameters and to render mobile network services.
Governmental support in several nations for maximum utilization of mobile bandwidth is also acting in favor of the mobile virtual network operator market.
On the flip side, threat posed by MVNOs cannibalizing the business revenue of MNOs is negatively impacting the growth of MVNO market.
Considering a host of favorable factor, the global MVNO market is likely to expand at a CAGR of 7.2% between 2017 and 2023.
Consumer Subscriber Segment to Continue to Remain Attractive
The global MVNO market is segmented on the basis of operational model, industry vertical, subscriber, and geography. In terms of operational model, reseller MVNO, full-MVNO, and service operator MVNO are the segments into which the MVNO market is divided. Full MVNO, among them, holds dominance in the MVNO market. The segment is anticipated to display a significant CAGR in the years ahead. Freedom of operator selection and higher profit margins than other models account for the dominance of full MVNO segment.
Depending upon type, business, M2M, discount, retail, media, migrant, roaming, and telecom are the segments into which the MVNO market is classified. Out of these, the discount segment is likely to remain lucrative to be valued at US$20.45 bn by 2023. Discount MVNOs provide low-cost voice and data services luring a large customer base. M2M, on the other hand, is likely to register the leading growth rate between 2017 and 2023. This is attributed to increasing adoption of data services and their integration with smartphones and other devices.
In terms of subscriber, the MVNO market is bifurcated into business and consumer. Of the two, the consumer segment holds the larger market share. The exploding number of individuals opting for high-speed mobile data accounts for dominance of customer subscriber segment. On the other hand, business subscriber segment is anticipated to surpass in terms of growth rate to use mobile networks to establish secure communication for B2B and B2C needs.
Favorable Telecom Regulations Account for Supremacy of Europe
Geography-wise, North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa are the key regions into which the global MVNO market is divided. Among them, Europe is likely to remain at the forefront due to the largest number of MVNOs. This, along with favorable government regulations for maximum utilization of mobile bandwidth is favoring the Europe MVNO market. Formerly popular in Western Europe, mobile virtual network operator services are increasingly find adoption in Eastern Europe further bolstering the MVNO market in the region. The reduction in average revenue per user (ARPU) is compelling companies to offer differentiator services for mobile data and voice needs.
Key companies currently operating in the MVNO market are AT&T Inc., Verizon Communications Inc., Sprint Corporation,., Telefonica S.A., Lycamobile Group, Truphone Limited, T-MobileAG, Citic Telecom International Holding Limited, Tracfone Wireless Inc., and Virgin Mobile.
Global Mobile Virtual Network Operator (MVNO) Market: Overview
The MVNO market report serves to provide an in-depth analysis of the MVNO market for the period 2017-2023, wherein 2016 is the base year and 2015 is the historic year. The report examines prevailing trends and technologies that play a key role in charting the growth trajectory of the MVNO market over the forecast period. It also examines key demand drivers, challenges, and opportunities that are expected to influence the growth of the said market from 2017 to 2023. The study provides a meticulous analysis of the market throughout the forecast period. It provides revenue estimations (in US$ bn) across key geographies, which include North America, Asia Pacific, Europe, the Middle East and Africa. The report presents a cross-sectional analysis of the global MVNO market wherein market size and revenue estimates of key segments across different geographies are presented.
The executive summary section looks into definitions, notations, and conventions that are used mobile broadband services sector. Industry statutes and industry policies that market stakeholders need in to adhere to are discussed in detail in this section. A glance into recent industry news and recent developments sums this section. The market overview section divulges information pertaining to drivers, restraints, and opportunities that currently influence the market and are likely to influence in the years ahead too. Impact analysis of key trends has also been included for key geographic markets for MVNO. This helps to present a thorough analysis of the overall competition in the MVNO market. Moreover, the report provides valuable insights on various strategies adopted by key players in the MVNO market.
This research report provides an in-depth analysis of the global MVNO market in terms of operational model, type, subscriber, and geography.
Global Mobile Virtual Network Operator (MVNO) Market: Research Methodology
The making of this report involved top-down approach to validate the projections provided for the MVNO market. Bottom-up approach employed helped to evaluate market numbers in the said market. Weighted average selling price to present revenue contributions of key segments is in the scope of the study. Market attractiveness presented in the report is gauged on the basis of market share estimations of key companies in the mobile virtual network operator market.
Research methodology involved sizing the current market to provide market projections. This serves to provide the framework to predict the shape of MVNO market over the 2017-2023 forecast timeframe. Analysts reached out to a number of SMEs in the mobile network services space. Quantitative and qualitative analysis of data coupled with insightful inputs obtained from industry experts are highlights of the report.
Furthermore, the year-on-year growth of the MVNO market calculated on the basis of regional growth is another highlight of the market. This serves to provide growth trends and to delve growth opportunities in the MVNO market.
Global Mobile Virtual Network Operator (MVNO) Market: Competitive Outlook
The report divulges details of competition in the MVNO market between 2017 and 2023. It identifies top players in the global mobile virtual network operator market and profiles them for distinguished competitive attributes. This serves to provide a dashboard view of various parameters that defines competitive hierarchy in the MVNO market over a timescale.