According to a new market report published by Credence Research, Inc., “Mobile Virtual Network Operator (MVNO) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the MVNO market is expected to exceed US$ 75.5 Bn by 2023, witnessing a growth of 7.1% CAGR during the forecast period 2016-2023.

Browse Full Report at https://www.credenceresearch.com/report/mobile-virtual-network-operator-mvno-market

Market Insights:

Mobile Virtual Network Operators (MVNO) are wireless communication service providers who do not have network infrastructure of their own but offer wireless communication services through an agreement/contract with other mobile network operators. Thus, MVNOs gain bulk access to communication services at wholesale rates and set the retail price of their offerings independently. Similar to mobile network operators, MVNOs may have their own customer service centers, billing systems, and even subscriber identity module (SIM) card under their own brand name.

The issues related to technical complexities (network and IT integration between the MVNO and operator) and cost (both capital expenditure and operating expenditure) are some of the factors inhibiting the market growth. However, the impact of these challenges is expected to subdue over the forecast period since such issues are now majorly addressed by MVNAs (Mobile Virtual Network Aggregators) and MVNEs (Mobile Virtual Network Enablers), who act as facilitators between MVNOs and mobile network operators.

Success Factors:

Some of the critical factors that hold key to succeeding in the global Mobile Virtual Network Operator (MVNO) market include

Robust Sales and Distribution Network
It enables MVNOs to react quickly to the ever-changing demands and meet customer requirements effectively. The bigger the sales and distribution network, the easier it becomes for customers to avail of MVNO service.

Unique Value Proposition
Unlike traditional network operators who purely focus on mass markets, MVNOs should strive to understand distinct requirements of different end-use segments and develop unique service offerings accordingly. MVNOs should target one of the niche end-use segments and provide competitive and distinct plans with the operator.

Strategic Partnerships Across the Value Chain
Another key success factor for MVNOs is to build a strong partnership with an operator, thereby ensuring a balanced revenue-sharing model to support their business and operating model.

Customer Base
An existing customer base is crucial to MVNO success. In the recent past, many successful MVNOs have been successful in penetrating the telecom market by using the existing customer bases of their allies.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/57879

Company Profiles

AT&T Inc.
Verizon Wireless Inc.
Telefonica, S.A.
T-Mobile AG
Lycamobile Group
Sprint Corporation
Virgin Mobile
TracFone Wireless, Inc.
Citic Telcom International Holding Limited
Truphone Limited
KDDI Mobile
AirVoice Wireless
Exetel Pty. Ltd.
Amdocs
Lebara Group
Report Scope by Segments

Browse Full Report at https://www.credenceresearch.com/report/mobile-virtual-network-operator-mvno-market

By Type

Business MVNO
Cellular M2M MVNO
Discount MVNO
Media/Entertainment MVNO
Retail MVNO
Migrant MVNO
Telecom MVNO
Others (Roaming MVNO, etc.)

By Operational Model Type

Reseller MVNO
Service Operator MVNO
Full MVNO

By Geography Segment

North America (the U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, Latin America)

Blog Medium: https://medium.com/@kumarganesh028/mobile-virtual-network-operator-mvno-market-is-expected-to-us-75-5-5d34856385b