Latest News- Mobile Virtual Network Operator (MVNO) Services Market: Consumer is expected to lead the End-user segment during 2025-2029

The Mobile Virtual Network Operator (MVNO) Services Market is being driven by Increasing adoption of MVNO model by telecom companies

The Mobile Virtual Network Operator (MVNO) Services Market is expected to grow at a CAGR of 10% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 20.8 billion. In the telecommunications industry, mobile virtual network operators (MVNOs) are witnessing significant investment from traditional mobile network operators (MNOs) to enhance network capabilities and services. This includes expanding network coverage, increasing data speed, and integrating mobile broadband (MBB) connections. Software advancements enable wireless companies to offer high-performance services, such as video streaming, utilizing innovative methods for video compression and management. These techniques generate new revenue streams and reduce data storage costs by more than 50%. Additionally, technologies like software-defined networking (SDN) and network functions virtualization (NFV) empower MVNOs to remotely manage and control networks, administer changes, and optimize resources. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Consumer
  • Enterprise
• Type
  • Reseller MVNO
  • Service operator MVNO
  • Full MVNO
• Service Type
  • Voice and Text MVNO
  • Data-Only MVNO
  • Bundled MVNO
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • North America
    • Canada
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing adoption of MVNO model by telecom companies
• Growing demand for mobile data and other value-added services
• Technological advances in MVNO services

However, the market also witnesses some limitations, which are as follows:

• Lack of favorable regulatory framework in MVNO services
• Operational challenges faced by MVNOs
• Difficulties in expansion of networks

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Market Scope in Mobile Virtual Network Operator (MVNO) Services Market Research Report

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Research Analysis Overview

The Mobile Virtual Network Operator (MVNO) Services Market encompasses offerings such as SMS and MMS messaging, data roaming, 5G network access, network virtualization, cloud-based solutions, and software-defined networking (SDN). Additional services include self-service portals, mobile payments, digital wallet integration, location-based services, data usage monitoring, network capacity planning, customer and technical support, billing disputes resolution, contract negotiation, revenue recognition, financial reporting, risk management, compliance audits, customer loyalty programs, and product bundling.

Market Research Overview

The Mobile Virtual Network Operator (MVNO) services market encompasses businesses offering communications and high-density data transmission services primarily via wireless networks. According to Technavio, the global MVNO market size is determined by the consolidated revenue generated by these providers through sim card management, network roaming, wholesale voice, and wholesale data services. Key growth drivers for the MVNO market include advancements in wireless communication technology, enabling seamless connectivity through cellular radio, mobile phones, IoT devices, wireless modems, Wi-Fi, local area networks (LANs), and multipoint distribution systems (LMDS) for wireless delivery of television internet services. The proliferation of wireless communication technologies is progressing at an unprecedented rate, fueling market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/