Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Mobile Virtual Network Operator Market to Reach USD 96.3 billion by 2026, Aided by the Rising Use of Smartphones

According to a new report by EMR titled, ‘Global Mobile Virtual Network Operator Market Report and Forecast 2021-2026’, The global mobile virtual network operator market reached a value of about USD 65.7 billion in 2020. The industry is further expected to grow at a CAGR of about 6.7% in the forecast period of 2021-2026 to reach a value of around USD 96.3 billion by 2026.

The global mobile virtual network operator industry is primarily being driven by the rising penetration of smartphones and internet in the market. The consumer segment led the subscriber segment for mobile virtual network operators in the historical period and is expected to remain dominant over the forecast period as well. Increased network speed and the use of advanced devices allow the expansion of data applications including internet browsing and video streaming. Increased investments are being made to boost network coverage and development in mobile broadband (MBB) connections.

The Asia Pacific is among the leading regions for the industry. Within the Asia Pacific region, China has a significant market share in the market, as the nation has always been at the forefront of technological developments such as 5G technology and connected mobile devices. The Chinese government has also pushed the growth of its 5G market, favouring its own firms, including Huawei and ZTE, which both produce the equipment required for the technology to operate. This is further expected to boost the market in the coming years as well.

Rising competition among the key players and the strategies adopted by various companies by giving different offers further boost their market growth. In September 2020, Altice USA Inc (NYSE: ATUS), one of the leading key players in the industry, unveiled ‘Flexible Data’ with 1 GB, 3 GB, and unlimited GB options at a budget-friendly price of USD 12 per month. This strategy helped them attract more consumers to their services and thus boosted their sales in the market in the historical period.

Market Analysis by Operational Model, Type, Organization Size, Subscriber, And Regions:

  • Operational type can be divided into reseller MVNO, full MVNO, and service operator MVNO.
  • Based on type, the industry can be divided into discount, specialist data, ethnic, business, international/roaming, media, and bundled, among others.
  • Based on organisation size, the industry can be divided into small and medium size enterprise and large enterprises.
  • Subscriber can be divided into consumer and enterprise.
  • The regional markets for mobile virtual network operator include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising number of smartphone users and the increased penetration of internet in the market is propelling the growth.
  • The rising use of data and value-added services is expected to drive the demand for mobile virtual network operators over the forecast period.
  • Rapid development in the technologies is further providing impetus to the industry growth.
  • Mobile virtual network operators are frequently partnering with smartphone manufacturers to sell their services at low rates to attract consumer base.
  • Other factors boosting the market growth are rising population and rapid urbanisation.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for mobile virtual network operator for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecasted (2021-2026) markets for the operational model, type, organization size, subscriber, and major regions of mobile virtual network operator. 
  • It assesses the regional price trends for the (2016-2020) and (2021-2026) periods.  
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global mobile virtual network operator market are Truphone Limited, Airvoice Wireless, KDDI Corporation, Virgin Mobile USA, TracFone Wireless, Inc., and Altice USA Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports


Global GPON Market Report and Forecast 2021-2026




NEWSLETTER