iCrowd Newswire – Jul 21, 2020
According to a P&S Intelligence, the global mobile virtual network operator (MVNO) market is projected to attain a value of $127.1 billion by 2030, and it is predicted to progress at a 6.5% CAGR during the time period (2020–2030). The factors that are leading to the growth of the market are increasing popularity of triple-pay services in developing countries, segment-targeted pricing and advanced marketing strategies, increasing penetration of mobile devices and need for lost-cost mobile services.
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In terms of service type, the MVNO market is divided into cellular M2M, discount, business, migrant, telecom, media & entertainment, and roaming. Out of all these, the cellular M2M division is expected to register the fastest growth in the coming years, which is because of the growing adoption of cellular connectivity for various applications that range from vending machines to vehicles, extension of the mobile network coverage, and technical innovations in the 3G M2M domain.
In addition to this, there has been a rise in the number of mobile networks operators which are collaborating with M2M service providers. This is further predicted to result in the increasing requirement for MVNO deployment in M2M applications in the near future. On the basis of category, the MVNO market is divided into prepaid and postpaid. Between these two, the prepaid category is expected to register higher CAGR in the years to come, owing to the fact that these services are customizable.
The objective of this research includes;
- Historical and the present size of the MVNO market
- Future potential of the market through its forecast for the period 2020– 2030
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
- Major players operating in the gene therapy market and their service offerings
- Recent strategic developments by the major players in the market
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The person just has to pay for the services they want to avail, which is driving the demand for prepaid services. When geography is taken into consideration, the Asia-Pacific (APAC) region is expected to advance at the fastest pace in the coming years in the MVNO market. The market in the region is being driven by the growing number of collaborations among mobile phone manufacturers and service providers.
The research includes detailed analysis of;
Based on Service Type
- Media & Entertainment
- Cellular Machine-to-Machine (M2M)
Based on Category
- Postpaid MVNO
- Prepaid MVNO
Based on Business Model
- Full MVNO
- Service MVNO
- Reseller MVNO
Based on Subscriber
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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Keywords: MNNO Market, MNNO Market Size, MNNO Market Share, MNNO Market Demand, MNNO Market Drivers, MNNO Market Growth, MNNO Market Forecast