Virgin Media Business (UK) and DataXoom(US) are leading players in MVNO Market
The MVNO market size is projected to grow from USD 64.0 billion in 2019 to USD 89.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period. The major factors driving the growth of the MVNO market include provision of demographic-related customer services and profit maximization opportunity for both MNOs AND MVNOs.
Major MVNO vendors include Virgin Media Business (UK), DataXoom(US), Lebara(UK), KDDI(Japan), Asahi Net(Japan), Virgin Mobile USA(US), TracFone Wireless(US), Boost Mobile(Australia), Lycamobile(UK), Tesco Mobile(UK), PosteMobile(Italy), Airvoice Wireless(US), Asda Mobile(UK), Giffgaff(UK), Kajeet(US), Voiceworks(Netherlands), Ting(US), Red Pocket Mobile(US) and Consumer Cellular(US). These market players have adopted various growth strategies, such as partnerships, agreements, and collaborations, and new product launches to expand their presence in the MVNO market. Partnerships and collaborations have been the most adopted strategies by major players from 2018 to 2019, which helped companies innovate their offerings and broaden their customer base.
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Virgin Media Business (UK) is one of the leading vendors in the MVNO market. Currently, Virgin Media Business is working toward enhancing its market share and presence with the help of inorganic and organic growth strategies, such as partnerships and new service launch respectively. For instance, in May 2019, VMB partnered with the London Grid for Learning (LGF), a not-for-profit organization, to improve connectivity for thousands of schools. This partnership would benefit more than 1.2 million school children by providing digital classrooms and speedier internet connection. In November 2018, VMB launched new Software-Defined-Wide Area Network (SD-WAN) services for its enterprise customers. These services would help enterprise customers in obtaining more accurate real-time insights, analytics, and network traffic visibility.
DataXoom (US) is another leading MVNO service provider across the globe. The company operates as an MVNO and uses AT&T, Verizon Wireless, and Sprint networks in the US. It provides mobile broadband network connectivity for tablets and mobile hotspots, which are used by SMEs. The company is focusing on both organic and inorganic growth strategies to improve the MVNO market. For instance, in July 2019, DataXoom rolled out new Application Programming Interface (API) updates for its enterprise customers. These updates would help the enterprise customers easily integrate DataXoom devices with their Customer Relationship Management (CRM) platforms, such as ServiceNow, Salesforce.com, Microsoft, and Oracle. In December 2018, DataXoom partnered with Cradlepoint’s channel partner program to launch a single and dual Subscriber Identification Module (SIM) and multi-carrier rate plans for its enterprise customers. In December 2018, DataXoom partnered with Peplink, a provider of wired and wireless SD-WAN solutions. DataXoom can use routers from Peplink to provide wireless failover solutions for enterprise customers.
Related Reports:
MVNO Market by Operational Model (Reseller, Service Operator, Full MVNO), Subscriber (Consumer, Enterprise), Organization Size (Smes, Large Enterprise), Business Model (Discount, Ethnic, Business), and Region - Global Forecast to 2024
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