MarketsandMarkets forecasts the global IoT MVNO market size to grow from USD 2.9 billion in 2023 to USD 6.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period. As more and more devices are connected to the internet, there is a growing demand for connectivity solutions that are specifically designed for IoT. IoT MVNOs can provide these solutions by offering specialized services and connectivity plans tailored to the needs of IoT devices.
The major IoT MVNOs include KDDI (Japan), KORE Wireless (US), Sierra Wireless (Canada), Twilio (US), Asahi Net (Japan), Telit (US), BICS (Belgium), Lycamobile (UK), Wireless Logic (UK), Truphone (UK), Aeris Communications (US), Cubic Telecom (Ireland), Hologram (US), 1NCE (Germany), 1OT (Estonia), Soracom (Japan), Onomondo (Denmark), etc. These players have adopted various strategies to grow in the global IoT MVNO market.
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KDDI is a Japanese telecommunications company and a significant player in the IoT MVNO market. The company offers a variety of IoT connectivity solutions, including SIM cards, data plans, and managed services. Many businesses use KDDI's IoT solutions, including manufacturing, logistics, and healthcare. The company has a strong network of partners and a wide range of IoT solutions. KDDI is also a major investor in the IoT market. The company has invested in several IoT startups and is working to develop new IoT technologies. KDDI has a strong network that covers Japan and other parts of Asia. KDDI offers many IoT connectivity solutions, including SIM cards, data plans, and managed services. KDDI is a major investor in the IoT market and is working to develop new IoT technologies. These strengths position KDDI well to continue to grow its market share in the IoT MVNO market.
Aeris Communications is a major player in the IoT MVNO market. The company has a strong track record of success and is well-positioned to continue growing its business. Key strengths of Aeris Communications in the IoT MVNO market include global reach, innovation, expertise, and customer support. The company offers various solutions for businesses of all sizes, including asset tracking, fleet management, and smart cities. Aeris is a global company with a strong network of partners. The company has relationships with major mobile operators worldwide, offering its customers reliable and secure connectivity. Several proprietary technologies developed by the company makes it possible to connect IoT devices in challenging environments.
IoT MVNO Market by Operational Model (Reseller, Service Operator, Full MVNO), Subscribers (Consumer, Enterprise), Enterprise (Manufacturing, Transportation & Logistics, Healthcare, Retail, Agriculture) and Region - Global Forecast to 2028
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