San Francisco, 14 September
2018: According to a report published by Grand View Research,
Inc.; the mobile
virtual network operator (MVNO) market is expected to reach a valuation
of around USD 73.20 billion by 2020. High adoption of smartphones across the
world along with increasing number of mobile subscriber base can impel the
market during the forecast period (2012 to 2020).
MVNO model is supposed to be cost-effective
and time-efficient to benefit the customers. Technological advancements in 4G
and LTE infrastructure coupled with innovations in cloud and machine to machine
transactions are anticipated to drive the market growth in the coming years. The
MVNOs in the market offers wide range of services such as broadband, TV-on
demand, cable, digital cable recorders, and mobile and converged solutions. MVNOs
are likely to offer economical and suitable mobility options for several industries
including entertainment, lifestyle, and productivity to generate more revenue. This
will also help mobile network operators (MNOs) to avoid other competitors in
the market.
Value added services and data
services are expected to witness substantial growth in revenue, hence driving
mobile industry growth. In addition, improvements in network speed and high
adoption of advanced devices has increased the growth of data applications like
internet browsing and video streaming. Growing offerings and demand for value
added services and data service are also expected support the market growth. However,
the lack of operational expertise is expected to pose a market challenge.
Access
Research Report of Mobile
Virtual Network Operator Market@ www.grandviewresearch.com/industry-analysis/mobile-virtual-network-operator-mvno-market
The worldwide mobile virtual
network operator (MVNO) market can be segmented on the basis of region. Geographically,
the market can be divided into North America, Europe, Asia Pacific, Latin
America, and Middle East and Africa (MEA).
Asia Pacific is expected to exhibit
high growth over the forecast period due to the flourishing telecom industry in
the region. Increasing demand from business and education sectors and growing rate
of inter and intra country migration in the region is expected to create
positive outlook for the market.
Developing countries in the
region including China, India, Thailand, Singapore, Myanmar, and Vietnam are
making lots of efforts to expand and modernize their telecom services. Availability of advanced cellular networks in
counties such as Australia, Malaysia, and Japan are likely to play a major role
in market growth. For instance, in Japan, MVNOs provide various advanced
services including online gaming, surveillance, and remote management of vending
machines. They can also offer patient monitoring in healthcare facilities and
voice-controlled services in security assistances.
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North America and Europe are expected
to grow significantly over the forecast period. Supportive regulatory framework
is expected to play an important role in the development of the MVNO market.
In 2013, Europe estimated for
more than 45% of the overall market size. Supportive regulatory framework I the
European Union is anticipated as the major driving factor. Countries such as
the U.K., France, and Germany have a strong consumer database. Data services
are anticipated to play crucial role in bolstering regional growth during the
forecast period.
Some of the leading companies
operating in the market include Tesco Mobile, Virgin Mobile, TracFone Wireless,
Drillisch Telecom, and Lebara Group.
The MVNO model is increasingly
changing from voice to data-centric involvement. The market participants are mostly
focusing on geographic expansion. The players are expected to expand towards
the Middle East and African countries during the forecast period. Market
participants are implementing strategies like mergers and acquisitions and partnerships
with other companies to gain a share in the market and to provide better
services.
The alliance between MNO and
the MVNO mainly depends on brand status, distribution network, marketing
policies and access to market segments. MNOs work in partnership with MVNOs to target
niche segments and to expand their existing customers base and services. The
participants are emphasizing more on providing different services to avoid
direct competition with other players. They are touted to take advantage of the
opportunities associated to roaming services by offering special services to tourists.
The companies are mostly concentrating on offering wholesale deals, network
utilization, and launch of sub-brands.
Access
Press Release of Mobile Virtual Network Operator Market@ www.grandviewresearch.com/press-release/global-mobile-virtual-network-operator-mvno-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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