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The MVNO market size is projected to grow from USD 84.6 billion in 2023 to USD 116.8 billion by 2028, at a CAGR of 6.7% during the forecast period. Widespread adoption of IoT technologies across various industries, such as healthcare, manufacturing, transportation, and smart cities, has driven the growth of the MVNO market. The demand for IoT connectivity solutions has surged as more organizations deploy IoT devices to optimize operations, enhance productivity, and improve efficiency.

Top MVNO Companies include

• Dataxoom (US)
• Lebara (UK)
• Asahi Net (Japan)
• Virgin Mobile (US)
• Tracfone Wireless (US) and many more....

To increase their market share in the MVNO market, these competitors have used a variety of growth methods, including partnerships, agreements, collaborations, new product releases, product enhancements, and acquisitions.

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

DataXoom 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 SMEs use. It offers all its customers mobile data pricing options, pay-as-you-go plans, and gigabyte plans. It also provides large terabyte plans that can be customized for specific business needs. It also offers a multi-network platform with one unified billing and management portal. The company’s administrators can set alerts and user limits, control personal usage, and positively identify end users within an enterprise. It provides flexible plans designed for businesses by addressing changing business needs.

Lebara is an MVNO that provides telecommunication services across European countries. It also provides pay-as-you-go and contract-based mobile SIM cards. It initially started with international telephone calling cards, which were physically available in mobile shops. Initially, it tried to target students who would come to the UK for higher studies, and thus, its services started gaining traction. It slowly expanded its geographical presence by partnering with different MVNOs. It has partnered with some prominent MVNOs, such as Telenor in Denmark, Bouygues Telecom in France, Telekom in Germany, KPN in the Netherlands, Mobily in Saudi Arabia, and Sunrise in Switzerland. In March 2011, the company expanded its services by launching Lebara Money in the UK, which helps customers send money abroad. In the same month, it entered into an agreement with Nokia to distribute Nokia handsets with the branding of Lebara to customers across the UK.

Asahi Net, Inc., headquartered in Tokyo, Japan, is a prominent internet service provider (ISP) known for offering high-quality internet services and related solutions. Established in 1990, Asahi Net provides a range of services including broadband internet, fiber optic connectivity, and mobile broadband solutions. The company is recognized for its reliable and fast internet connections, as well as excellent customer service. Asahi Net also offers cloud services, managed network services, and educational network solutions, catering to both individual consumers and business clients. Its commitment to innovation and customer satisfaction has made Asahi Net a respected name in the Japanese ISP market.

Virgin Mobile USA is a well-known mobile virtual network operator (MVNO) that offers prepaid wireless services. It was established in 2001 as part of the Virgin Group, founded by Sir Richard Branson. Virgin Mobile USA initially operated on Sprint's network, providing customers with a variety of affordable, no-contract mobile phone plans and services. Known for its flexible pricing and customer-centric approach, Virgin Mobile catered to a wide range of consumers, particularly those seeking budget-friendly options without long-term commitments. In recent years, the brand has undergone changes and transitions, integrating into other Sprint-related offerings and eventually being absorbed into Boost Mobile as part of the T-Mobile and Sprint merger.

Tracfone Wireless, Inc. is a leading prepaid, no-contract mobile phone service provider in the United States. Founded in 1996 and headquartered in Miami, Florida, Tracfone operates as a mobile virtual network operator (MVNO), leveraging the networks of major carriers like Verizon, AT&T, and T-Mobile to offer nationwide coverage. The company provides a variety of brands, including Tracfone, Straight Talk, Simple Mobile, Total Wireless, and Net10 Wireless, catering to different consumer needs with flexible, budget-friendly plans. Known for its affordability and convenience, Tracfone serves millions of customers, making it one of the largest MVNOs in the country. In 2021, Verizon Communications acquired Tracfone, enhancing its reach and capabilities in the prepaid market.

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