MVNO Market

MVNO Industry - Forthcoming Trends to Fuel the Global Growth

The MVNO Market is expected to increase at a compound annual growth rate (CAGR) of 6.7% from USD 84.6 billion in 2023 to USD 116.8 billion by 2028.  Widespread adoption of IoT technologies across various industries, such as healthcare, manufacturing, transportation, and smart cities, has driven the growth of the market. 

Emerging trends in the global MVNO Market are:

  • 5G Adoption
  • IoT and M2M Services
  • eSIM Technology
  • Customizable and Niche Services
  • Digital Transformation

These trends highlight the dynamic nature of the MVNO market, driven by technological advancements, competitive strategies, and the evolving needs of consumers and businesses.

To know about the assumptions considered for the study download the pdf brochure

5G Adoption:

  • 5G Services: MVNOs are increasingly offering 5G services to stay competitive and meet customer demand for faster, more reliable mobile connectivity.
  • Enhanced User Experiences: The adoption of 5G allows MVNOs to provide enhanced user experiences through faster download speeds, lower latency, and new applications such as augmented reality (AR) and virtual reality (VR).

IoT and M2M Services:

  • IoT Connectivity: MVNOs are expanding their offerings to include Internet of Things (IoT) connectivity, catering to the growing number of connected devices in various sectors such as healthcare, automotive, and smart homes.
  • Machine-to-Machine (M2M): MVNOs are providing M2M services that enable devices to communicate with each other without human intervention, supporting industries like logistics and manufacturing.

eSIM Technology:

  • Seamless Switching: eSIM technology allows users to switch between carriers without changing physical SIM cards, offering greater flexibility and convenience.
  • Global Roaming Solutions: MVNOs are leveraging eSIMs to offer global roaming solutions, making it easier for travelers to switch networks and avoid high roaming charges.

Customizable and Niche Services:

  • Tailored Plans: MVNOs are offering highly customizable plans to cater to specific customer segments, such as youth, seniors, and business users.
  • Niche Markets: Some MVNOs are targeting niche markets with specialized services, such as ethnic communities, expatriates, or specific industries.

Digital Transformation:

  • Online-Only Models: Many MVNOs are adopting digital-first or online-only business models to reduce operational costs and appeal to tech-savvy consumers.
  • Enhanced Customer Experience: Digital transformation efforts are focused on improving customer experience through apps, self-service portals, and AI-powered customer support.

Related Reports:

MVNO Market by Operational Model (Reseller, Service Operator, Full MVNO), Subscriber (Consumer, Enterprise), Service Type (Postpaid, Prepaid), Business Model (Discount, Ethnic, Business, Youth/Media) and Region - Global Forecast to 2028

MVNO Market Size,  Share & Growth Report
Report Code
TC 7429
RI Published ON
9/26/2023
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