The global mobile virtual network operator market size was valued at USD 61.1 billion in 2019 and is expected to grow at a CAGR of 7% from 2021 to 2027. The underlying services are expected to drive the market for mobile virtual network operators during the forecast period. The increase in the spread of smartphones worldwide and the corresponding increase in mobile subscriber base is expected to contribute significantly to the growth of the industry. Mobile virtual network operators cater to a variety of customer needs. However, they do not own the entire infrastructure or licenses for the use of radio frequencies.
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Prominent players in the market for mobile virtual network operators are Lebara Group; Lyca Mobile; TalkTalk Group; Giffgaff; Poste Mobile SpA; Virgin Mobile; and TracFone Wireless Inc. Geographic expansion remains the key focus of all the players operating in the market. For instance, Virgin Mobile is present in various countries such as U.S., U.K., Australia, Canada, Poland, Mexico, France, and Saudi Arabia. It offers a broad range of services such as digital cable recorders, TV-on-demand, broadband, cable, television, and mobile and converged solutions.
Mobile Virtual Network Operator Market Segmentation
By Type:
• Business
• Discount
• M2M
• Media
• Migrant
• Retail
• Roaming
• Telecom
By Operational Model
• Full MVNO
• Reseller MVNO
• Service Operator MVNO
By End-use
• Consumer
• Enterprise
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