Overview

Mobile virtual network operators are service providers that resell wireless network communication services using the infrastructure of a mobile network operator (MNO). This provides benefit to both mobile virtual network operators and mobile network operators. MNO contains an extra unused network bandwidth which they offer MVNO at a low price, thereby making optimum utilization of the unused network bandwidth. MVNO offer these services to end users without having any support infrastructure or paying the license fee to the government.

Mobile Virtual Network Operator Market sell their services at a cheaper rate thus raising the competition in the market. This boost in technology predicts global growth USD 131.4 billion at a high CAGR of 8.20% by 2030.

Key Players

The key players in Mobile Virtual Network Operator Market include Virgin Mobile (U.S.), Tracfone Wireless, Inc. (U.S.), RedPocket Mobile (U.S.), AirVoice Wireless (U.S), FreedomPop (U.S.), Freenet AG (Germany), KDDI Mobile (U.S.), Polkomtel Plus (Poland), Tesco Mobile Ltd (U.K), Kajeet, Inc. (U.S.) among others.

Other players in markets are AT&T (U.S.), Verizon Communications (U.S.), Sprint Corporation (U.S.), Lyca Mobile Group (U.K.), T-Mobile AG (U.S.), CITIC Telecom International Holding Limited (Hong-Kong), Telefonica S.A. (Spain), Tracfone Wireless, Inc. (U.S.), among others.

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Market Segmentation

By type, the market is segmented into reseller, and service operator. A reseller is a third party arrangement selling the services of a network provider/operator. Service operator, on the other hand, have the same controls as the network operators, without the obligation of an operator-level regulation, and network engineering.

By service, the market is segmented into network routing, customer care, billing & collection, handset management (2G, 3G, 4G), and marketing & sales. Network routing refers to the foundation of routes that data packets take on their way to a particular destination. Network routing can be applied to data exchange on the Internet, over 3G or 4G networks used for telecommunication. The 2G technology introduced call and text encryption, plus data services like SMS, picture messages, and MMS. 3G is used for faster data-transmission speed in more data-demanding ways such as video calling and mobile internet. With the implementation of 4G, some 3G features are removed, such as the spread spectrum radio technology. 5G is a not-yet-implemented wireless technology which is expected to improve 4G technology.

5G promises significantly faster data rates, higher connection density, much lower latency, among other improvements.

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Mobile Virtual Network Operator Market Regional Analysis:

Global Mobile Virtual Network Operator Market has been on rising since the start of virtual network evolution. It is expected to grow more as per the market research report forecast to 2023. Europe, the US, Australia, Canada, Asia are in this rat race to make the maximum use of virtual technology and provide the virtual network users an optimized use of its services. Widely stating the Asia Pacific is the most dominant continent in operator’s market as it has its hand in telecoms, smartphones, and other global virtual network using devices and apps. Jio network from India has revolutionized technology by being the network creators and providers giving less market to resell market in India.

China – the world’s technology guru has a top-notch approach to expanding telecom services in the modern world. Japan has seen a growth in MNVO services in areas of online gaming, surveillance systems, vending machines, etc. which is expected to grow in the future. European countries provide a market to low-level Mobile Virtual Network Operator Market providers to sell their product to consumers. Based on speed, durability, and cost European government has opened its doors to new network providers.