According to a P&S Intelligence, the global mobile virtual network operator (MVNO) market is projected to attain a value of $127.1 billion by 2030, and it is predicted to progress at a 6.5% CAGR during the time period (2020–2030). The factors that are leading to the growth of the market are increasing popularity of triple-pay services in developing countries, segment-targeted pricing and advanced marketing strategies, increasing penetration of mobile devices and need for lost-cost mobile services.
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In terms of service type, the MVNO market is divided into cellular M2M, discount, business, migrant, telecom, media & entertainment, and roaming. Out of all these, the cellular M2M division is expected to register the fastest growth in the coming years, which is because of the growing adoption of cellular connectivity for various applications that range from vending machines to vehicles, extension of the mobile network coverage, and technical innovations in the 3G M2M domain.
In addition to this, there has been a rise in the number of mobile networks operators which are collaborating with M2M service providers. This is further predicted to result in the increasing requirement for MVNO deployment in M2M applications in the near future. On the basis of category, the MVNO market is divided into prepaid and postpaid. Between these two, the prepaid category is expected to register higher CAGR in the years to come, owing to the fact that these services are customizable.
The objective of this research includes;
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The person just has to pay for the services they want to avail, which is driving the demand for prepaid services. When geography is taken into consideration, the Asia-Pacific (APAC) region is expected to advance at the fastest pace in the coming years in the MVNO market. The market in the region is being driven by the growing number of collaborations among mobile phone manufacturers and service providers.
The research includes detailed analysis of;
Based on Service Type
Based on Category
Based on Business Model
Based on Subscriber
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