United States Mobile Virtual Network Operator (MVNO) Market Report and Forecast 2024-2032

United States Mobile Virtual Network Operator (MVNO) Market Outlook

The United States Mobile Virtual Network Operator (MVNO) market size reached approximately USD 16.80 billion in 2023. The market is projected to grow at a CAGR of 4.7% between 2024 and 2032, reaching a value of around USD 25.57 billion by 2032.

Key Takeaways

• Cybersecurity is among the topmost concerns for users of MVON services in the USA.

• Enterprises are expected to become major end users of MVNO.

• Multiple MVNOs are expected to provide 5G internet services to consumers over the forecast period.

A mobile virtual network operator refers to a communication services provider that leases infrastructure from one or multiple network carriers to provide a reasonable mobile connectivity plan to consumers. It enables mobile network operators to gain profits from their underutilised infrastructure and provides consumers with cheap VOIP, SMS, and internet services.

The United States mobile virtual network operator (MVNO) market fuelled is being driven by the improved quality of customer service and highly flexible and cost-effective plans provided by (MVNO) service providers. Consumers can benefit from greater freedom and access to the networks of established telecom companies, which is boosting the market growth.

Key Trends and Developments

The advent of 5G; increase cybersecurity concerns; focus on niche markets; and flexible billing and payment options are the major trends impacting the United States mobile virtual network operator (MVNO) market growth

United States Mobile Virtual Network Operator (MVNO) Market Trends

Since the degree of competition in the telecom sector is very high, new entrants are focusing on catering to unique demographics and industries to gain a competitive edge. For example, in the travel industry, MVON providers are partnering with e-SIM providers to provide smooth mobile connectivity to travellers. Moreover, many MVONs are offering branded mobile plans along with ticketing, visa, and insurance services.

MVON billing software must have a usage-based billing system that is transparent and accurate. Moreover, it must have the capability to integrate with third party systems for smooth bill payment and allow the customer to self-check their existing balances and consumption rates. The availability of a subscription management module is also essential for such software, and increases in consumer satisfaction and convenience can lead to the United States mobile virtual network operator (MVNO) market growth.

Market Segmentation

“United States Mobile Virtual Network Operator (MVNO) Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

5G is expected to lead the United States mobile virtual network operator (MVNO) market share over the forecast period.

5G is expected to lead the market in the forecast period due to rapid evolution of mobile connectivity and networking generations. This is expected to drive the consumer demand for high-speed broadband services and internet calling services in the forecast period. Meanwhile, 4G is expected to remain prevalent among the services provided by MVONs in upcoming years due to its cost effectiveness and accessibility.

Postpaid MVNO are expected to constitute a major share of the market

In the United States mobile virtual network operator (MVNO) market, postpaid avenues constitute a major market share as telecom companies are providing greater access to advanced technologies like 5G and higher number of SMS/mobile call services. For instance, in March 2022, T-Mobile announced its decision to provide 5G internet services through its MVON Altice USA.

On the other hand, the demand for prepaid MVNO is expected to remain stable in the forecast period. It provides low-budget consumers with the flexibility to switch between network service providers and connectivity plans conveniently. This freedom is expected to attract consumers towards the option of prepaid MVNO in the coming years.

Enterprises are expected to be leading subscribers of mobile virtual network operator (MVNO) services.

Enterprises are major subscribers of MVON services as it enables them to streamline their communication and workflow processes. It also helps them maintain a strict security check on their data and ensure that sensitive information is not compromised.

It also serves as a symbol of corporate branding when people rely on specific ringtones to remind themselves for a work meeting or collaborate through specific channels. Owing to these factors, the United States mobile virtual network operator (MVNO) market is expected to grow significantly in the forecast period.

Consumers are also anticipated to witness a significant growth in the coming years as the increased freedom, flexibility, and cost savings associated with MOVNs attracts more consumers towards it.

Competitive Landscape

Major market players are designing innovative strategies to attract consumer attention, which is expected to drive the market forward.

Other key players in the United States mobile virtual network operator (MVNO) market include Google LLC, AT&T Inc., DISH Wireless L.L.C., United Telecom, LLC, Mint Mobile, LLC, and T-Mobile US Inc., among others.

Key Highlights of the Report