The mobile virtual network operator (MVNO) market will grow from $62.2 billion in 2019 at a 6.5% CAGR between 2020 and 2030, to reach $127.1 billion by 2030.
Mobile phones have transformed from a simple 'mobile phone' to the lifeline of people. From making calls, which was the original purpose of the device, to ordering food and calling cabs, a vast array of tasks are now being performed via smartphones. These consumer electronics have become so popular that from 65% in 2019, their global penetration is expected to reach 80% by 2025-end, as per GSMA Intelligence. The agency also estimates 5.8 billion unique mobile connection subscribers to inhabited the earth by the end of 2025.
An MVNO is any mobile network provider who doesn't own the infrastructure or the bandwidth; rather, buys it from mobile network operators (MNOs), who are actually the mobile network providers, in bulk, at wholesale rates. Since the MVNO doesn't have to worry about installing and maintaining the expensive telecommunications infrastructure and paying the spectrum licensing fee, it is free to offer services at cost-effective rates. This is also of benefit to the leasing MNOs, many of whom have so much bandwidth that a large chunk of it otherwise remains unused, leading to losses.
Another reason MVNOs are flourishing currently is the increasing demand for triple-play services. Till recently, cable TV connections, internet access, and fixed-line telephone services were provided via dedicated channels. But now, the demand for triple-play services, wherein all three of the above-mentioned services are provided via a single internet fiber cable, is rising. Already popular in North America, the concept is expected to be taken up around the world in the coming years. Seeing the vast potential the concept holds in Africa and APAC, many new MVNOs are entering these regions.
MVNOs receive business both from individual customers and enterprises, of whom individual consumers have been the more-significant target subscribers for such operators. With the increasing number of mobile phone users, the demand for high-speed data transmission for video streaming, web conferencing, and other real-time applications, such as tracking food deliveries, is rising. With the word about the benefits of subscribing to MVNOs spreading, even enterprises are now warming up to the concept. As such service providers operate almost completely via the cloud, they offer companies better control over their communications, faster deployment, cost-effectiveness, and easy scalability.
Presently, the largest mobile virtual network operator market is Europe, as it is home to the largest number of MVNOs. Moreover, the high disposable income of the people allows MVNOs to charge higher rates than in developing regions. In the coming years, the penetration of such service providers is expected to rise sharply in APAC, majorly because of the increasing number of smartphone users, rising adoption of data-intensive applications, and government support. For instance, in 2017, Department of Telecommunications, under the Ministry of Communications of India, licensed 61 MVNOs to operate in the nation.
Thus, with broadband fibers becoming the preferred mode of communications, the demand for cost-effective MVNO services is bound to grow around the globe.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary 3.1 Voice of Industry Experts/KOLs
Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Type 126.96.36.199 Discount 188.8.131.52 Cellular M2M 184.108.40.206 Business 220.127.116.11 Media & entertainment 18.104.22.168 Migrant 22.214.171.124 Retail 126.96.36.199 Roaming 188.8.131.52 Telecom 4.1.2 By Category 184.108.40.206 Postpaid MVNO 220.127.116.11 Prepaid MVNO 4.1.3 By Business Model 18.104.22.168 Full MVNO 22.214.171.124 Service MVNO 126.96.36.199 Reseller MVNO 4.1.4 By Subscriber 188.8.131.52 Consumer 184.108.40.206 Enterprise 4.2 MVNO Business Model 4.3 Market Dynamics 4.3.1 Trends 220.127.116.11 Focus on value-added services instead of price differentiation 18.104.22.168 Increasing collaboration between MNOs and MVNOs 4.3.2 Drivers 22.214.171.124 Segment-targeted strategies and innovative distribution strategies 126.96.36.199 Rapid growth of triple-play services in developing countries 188.8.131.52 Surge in mobile devices penetration and demand for low-cost mobile services 184.108.40.206 Impact analysis of drivers on market forecast 4.3.3 Restraints 220.127.116.11 Decreasing ARPU for MVNOs 18.104.22.168 Weak telecom regulations in emerging markets 22.214.171.124 Impact analysis of restraints on market forecast 4.3.4 Opportunities 126.96.36.199 Increasing mobile subscribers in developing countries 188.8.131.52 Technological advancements in telecommunication across the globe 4.4 Impact of COVID-19 on MVNO Market 4.4.1 Current Scenario 4.4.2 COVID-19 Scenario 4.4.3 Factors Affecting the Market Growth 4.4.4 Future Scenario 4.5 Porter's Five Forces Analysis
Chapter 5. Global Market Size and Forecast 5.1 By Service Type 5.2 By Category 5.3 By Business Model 5.4 By Subscriber 5.5 By Region
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. Latin America Market Size and Forecast
Chapter 10. MEA Market Size and Forecast
Chapter 11. Major Markets 11.1 U.S. Market Revenue, by Business Model 11.2 U.S. Market Revenue, by Subscriber 11.3 Germany Market Revenue, by Business Model 11.4 Germany Market Revenue, by Subscriber 11.5 U.K. Market Revenue, by Business Model 11.6 U.K. Market Revenue, by Subscriber 11.7 China Market Revenue, by Business Model 11.8 China Market Revenue, by Subscriber 11.9 India Market Revenue, by Business Model 11.10 India Market Revenue, by Subscriber
Chapter 12. Competitive Landscape 12.1 List of Players and Their Offerings 12.2 Market Share Analysis of Key Players 12.3 Competitive Benchmarking of Key Players 12.4 Global Strategic Developments of Key Players 12.4.1 Mergers and Acquisitions 12.4.2 Service Launches 12.4.3 Partnerships 12.4.4 Geographic Expansions 12.4.5 Other Developments
Chapter 13. Company Profiles 13.1 Business Overview 13.2 Product and Service Offerings 13.3 Key Financial Summary