Global Mobile Virtual Network Operator Market Forecasts 2020-2027
Posted by Sonika on May 14th, 2021
Bharat Book Bureau Provides the Trending Market Research Report on "Global Mobile Virtual Network Operator Market Size study, by Type (Business, Machine to machine (M2M), Media, Retail, Migrant, Others), by Operational Model (Full MVNO, Reseller MVNO, Service Operator MVNO), by End-Use (Consumer, Enterprise) and Regional Forecasts 2020-2027 "under Telecom Market Research section. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Global Mobile Virtual Network Operator Market is valued at approximately USD 61 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2020-2027. In the present scenario, competition in the Mobile Virtual Network Operator (MVNO) market has transferred from pricing to value-added services and product variation, due to the importance of mobile network operators (MNOs) has grown exponentially in the low-cost cellular services market across developed and emerging nations. MVNO is a sort of GSM (Global System for Mobile communications) based technique in which a mobile operator or a company contracts the spectrum from network operator. Besides, MVNOs are offering multiple benefits and relaxation to their consumers by delivering tourist services and roaming. For instance, Lycamobile provides economical international calling to its customers. Apart from this, the market vendors are focused on collaborating with traveler’s communities to provide efficient services to their users, which may promote the market growth worldwide.
The regional analysis of the global Mobile Virtual Network Operator market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the robust growth of telecom sector, followed by the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in investments in 5G projects and the increasing rate of mobile subscribers in developing countries, such as China and India, would create lucrative growth prospects for the Mobile Virtual Network Operator market across the Asia-Pacific region.
Historical year – 2017, 2018
Target Audience of the Global Mobile Virtual Network Operator Market in Market Study:
Key Consulting Companies & Advisors
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About the AuthorSonika
Joined: January 22nd, 2019
Articles Posted: 539
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