Mobile Virtual Network Operator Market - An Insights on the Important Factors and Trends
Posted: Oct 23, 2018
The global Mobile Virtual Network Operator market generated USD 52 billion in 2017 and is anticipated to grow at a CAGR of 10.2% during the forecast period according to the new report published by Polaris Market Research.
A mobile virtual network operator (MVNO) is a mobile operator that does not have its own network infrastructure. An MVNO collaborates with traditional mobile operators for purchase of network time, which it then sells to its own customers. MVNOs resell wireless services under their brand name, with the help of regular telecom operator's network. MVNOs provide both voice and data services to end users through a paid up subscription agreement. The different types of MVNOs include business MVNO, discount MVNO, lifestyle MVNO, advertising-funded MVNO, and ethnic MVNO among others.
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The increasing penetration of mobile devices, and growing demand for mobile broadband have increased the demand for Mobile Virtual Network Operator market across the globe. The increasing mobile subscriber base, growing internet penetration, and improved service capabilities have boosted the growth of the global market. The increasing trend of BYOD, IOT, cloud, virtualization, and big data analytics has further increased the adoption of MVNO. The increasing opportunities for mobile operators, growth in B2B sector, growth in the wireless industry, and technological advancements would provide growth opportunities for Mobile Virtual Network Operator market during the forecast period.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Mobile Virtual Network Operator Market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape and Key Vendors
The global Mobile Virtual Network Operator market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
Europe Mobile Virtual Network Operator market generated the highest revenue in 2017 owing to increasing demand for mobile broadband services. Businesses are moving towards BYOD, IoT, big data analytics, and virtualization, thereby increasing the need for MVNOs in the market.
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The leading companies profiled in the 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.
About Polaris Market Research:
Polaris Market Research is a global market research and consulting company. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
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Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.