Skip to main content

Mobile Virtual Network Operator Market To Generate $127.1 Billion by 2030

In 2019, the mobile virtual network operator (MVNO) market valued $62.2 billion, and it is projected to reach $127.1 billion by 2030, progressing at a 6.5% CAGR during the forecast period (2020–2030). This growth will be driven by the increasing popularity of triple-play services in emerging economies, rising penetration of mobile devices, augmenting demand for low-cost mobile connectivity, and usage of novel marketing strategies, such as segment-targeted pricing, by MVNOs.



Currently, players in the mobile virtual network operator market are focusing on value-added services, instead of price differentiation. The market is witnessing the entry of new players, who are more focused on value-added services. In recent years, supermarkets, banks, media companies, and smartphone vendors have entered the market with new MVNO business models. Due to the emergence of new players, the traditional players are shifting toward value-added services, such as internet protocol private branch exchange (IP PBX), business solutions, and managed services, instead of price differentiation.

Additionally, the increasing focus of MNOVs on segment-based pricing strategies and innovative distribution methods is propelling the mobile virtual network operator market growth. Industry players offer multiple services to customers by making the optimum use of the existing telecom infrastructure of MNOs. MVNOs expand their business by identifying potential customers and luring them with sharp pricing strategies. Such companies are also using strategies such as value proposition and unique brand positioning to attract potential customers, such as tourists, specific ethnic groups, and migrant workers.

This market research report provides a comprehensive overview of the MNVO market
  • Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

Comments

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...

Conversational AI Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara...

Battery Management System Market Size, Status, Top Players, Trends in Upcoming Years

The International Energy Association (IEA) predicts that the sale of battery electric vehicles (BEV) (trucks) and plug-in hybrid electric vehicles (PHEV) (trucks) will reach around 96,555 units and 107,571 units, respectively, by 2025. The organization also forecasts that the global stock of BEV cars and PHEV cars will reach 29,626,576 units and 16,335,941 units, respectively, by 2025. The surging electric vehicle (EV) sales will create an extensive requirement for battery management systems (BMSs) in the coming years, as batteries are the most important component of such vehicles. Besides, the surging use of rechargeable batteries in consumer electronic products is expected to drive the battery management system market at a vigorous CAGR of 15.0% during the forecast period (2021–2030).   The market revenue is expected to surge from $5,661.0 million in 2020 to $22,279.6 million by 2030. BMSs are installed in consumer electronics to control the operation of batteries and manag...