The global mobile virtual network operator (MVNO) market size is expected to reach USD 173.10 Billion by 2032, according to a new study by Polaris Market Research. The report “Mobile Virtual Network Operator Market Share, Size, Trends, Industry Analysis Report, By Operational Model (Reseller, Service Provider, Full MVNO); By Service Type; By Subscriber; By Region; Segment Forecast, 2024 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Mobile virtual network operators (MVNOs) are providers of wireless communication services who do not own their networks. Instead, they form alliances with existing mobile network operators (MNOs) to gain wholesale access to their networks. Customers can then purchase voice and data services from MVNOs at retail prices. Network operators are increasingly accepting of MVNOs as a way to increase revenues, consume unused network capacity, and expand their customer base.
The growing demand for wireless services in emerging markets, as well as technological advancements in the smartphone industry, are driving the mobile virtual network operator market. The MVNO market is expected to expand rapidly in the future, owing to factors such as increased mobile broadband speeds and a demand for value-added services. However, lower tariffs and profits are impeding its growth.
Access to an existing customer base, the ability to offer enhanced value propositions, and the prospect of profitable partnerships with existing businesses are all opportunities for players in the global mobile virtual network operator market. MVNOs can provide differentiated value propositions at low prices while also expanding their customer base and geographic reach.
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As consumer’s reliance on mobile devices for communication, entertainment, and productivity grows, so does the demand for efficient and dependable wireless services. MVNOs are an important part of this landscape because they provide wireless services without owning the underlying network infrastructure. Leading market players are introducing innovative products to cater to consumers. Global players are expanding their customer base and strengthening their market presence by entering new markets in developing regions.
Mobile Virtual Network Operator Market Report Highlights
Polaris Market Research has segmented the Mobile Virtual Network Operator Market report based on operational model, service type, subscriber, and region:
Mobile Virtual Network Operator, Operational Model Outlook (Revenue - USD Billion, 2019 - 2032)
Mobile Virtual Network Operator, Service Type Outlook (Revenue - USD Billion, 2019 - 2032)
Mobile Virtual Network Operator, Subscriber Outlook (Revenue - USD Billion, 2019 - 2032)
Mobile Virtual Network Operator, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 92.11 billion |
Revenue Forecast in 2032 |
USD 173.10 billion |
CAGR |
8.2% from 2024 – 2032 |
Base Year |
2023 |
Historical Data |
2019 – 2022 |
Forecast Period |
2024 – 2032 |
Quantitative Units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments Covered |
By Operational Model, By Service Type, By Subscriber, By Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Customization |
Report customization as per your requirements concerning countries, regions, and segmentation. |
For Specific Research Requirements |