Mobile Virtual Network Operator Market Insights
The global Mobile Virtual Network Operator market is estimated to witness a high CAGR during the forecast period (2019-2026). Growing demand for data services along with increasing number of mobile users across the globe is expected to drive the market for mobile virtual network operators during the forecast period. Growing adoption of IoT, M2M and BYOD by Mobile Virtual Network Operators is expected to propel the market growth during the forecast period. Growing usage of mobile applications, social media platforms, and multimedia services is also expected to drive the market growth during the forecast period [2019-2026]. Favorable government guidelines for mobile virtual network operators to access the Single Wholesale Network (SWN) and eliminating national roaming charges are expected to drive the market growth further.
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By Operational Model
On the basis of operational model, the global mobile virtual network operator market is segmented into reseller, service operator and full mobile virtual network operator. The service operator segment is expected to hold the largest market share during the forecast period. The service operational model is one of the most popular models for new entrants in the market. It enables mobile virtual network operators to start with a select set of operating elements and build their own operations over a period of time. The service operator model offers more control over customer-facing features, which enable the model to integrate with its services and systems in a better way.
By Subscriber
On the basis of subscriber, the market is segmented into consumers and enterprise. Consumer segment is expected to hold the significant market share during the forecast period. The increasing mobile network subscribers along with growing penetration of smart mobile devices is expected to propel the market growth between 2019 and 2026. Increased number of cellular subscribers globally is also boosting the market growth. Growing new connectivity technologies is also propelling the market growth.
By Organization Size
Based on organization size, the mobile virtual network operator market is segmented into small and medium-sized enterprises and large enterprises. Small and medium sized enterprise segment is dominating the market and is projected to grow at a high CAGR in terms of revenue during the forecast period. The implementation of mobile virtual network operator helps SMEs to increase revenue, desired business outcomes, and improved business efficiency. SMEs provide new monetization opportunities for even the smallest business customer. Many smaller businesses and startups are acutely cost-conscious, therefore, they opt for low-priced services to manage costs. The SMEs change their preferences of these services as per their requirements. SMEs are constantly evolving and adopting more innovative mobile virtual network operator services that support their business expansion strategies.
By Region
Asia Pacific is expected to hold the highest CAGR during the forecast period. Growing demand for an efficient cellular network along with increasing speed of mobile broadband are factors positively impacting the market growth in Asia Pacific region. The expanding telecommunication sector and increasing foreign investments in the region are the major factors driving the mobile virtual network operator market growth. Europe witnessed a stronger demand for mobile virtual network operators in 2018. The Europe region is the most advanced region in terms of technology adoption and infrastructure development. The increasing adoption of integrated services including VoIP (Voice over Internet Protocol), and ISP through mobile virtual network operators for enterprise are more flexible and agile business processes is expected to propel the market growth in the region during the forecast period.
End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Quick glance, Verzion communication and Comcast Corporation among others.
Vendor Landscape
The report contains a chapter dedicated to vendors operating in the mobile virtual network operator market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Mobile Virtual Network Operator Market Share & Competitor Analysis
Some of the key players operating in the mobile virtual network operator market are Boost Mobile LLC, Asahi Net, CJ HelloVision Co. Ltd., Exetel, Cyfrowy Polsat SA, FreedomPop, 7-Eleven Speak Out Wireless, Freenet AG, Japan Communications, Inc., and FirmTel among others.
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