The global Mobile Virtual Network Operator (MVNO) Market is anticipated to grow significantly at 7.8% CAGR owing to the increasing provision of demographic-related customer services and maximizing profit opportunities for MNOs and MVNOs. The increasing penetration of mobile devices, rising number of services like cloud, M2M transactions, and mobile money, growing initiatives by the government such as the Digital Single Market (DSM) strategy will accelerate the growth of the market. Nevertheless, the mounting adoption of IoT, M2M, BYOD by MVNOs will attract customers and provide opportunities for growth in the global mobile virtual network operator market.

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The COVID-19 crisis has provided employees to work from home, resulting in a positive impact on the mobile virtual network operator market as there is an increasing need for high-speed data connectivity. The increasing demand for cloud computing technology in the healthcare sector will fuel the growth of the global mobile virtual network operator market and will grow to USD 95.2 billion by 2027.

Based on the operating model, the service operator segment is anticipated to have high CAGR during the projected period 2021-2027 as it enables MVNO to have more control over customer-facing features and integrate systems and services in an effective way.

Europe is anticipated to have a significant share in the MVNO market as it is a developed region in terms of technology adoption and infrastructure development. The rising usage of integrated vehicles like VoIP (Voice over Internet Protocol), and ISP through MVNOs for enterprise are flexible and agile business processes. Thus, the rising demand to manage and maintain broadband connectivity, mobility services, and data centers will propel the growth of the MVNO market in the region

The prominent players in the MVNO industry include: IBM Corporation, Appsee, Swrve, TUNE, Localytics, Amplitude, AppDynamics, Heap, AppsFlyer, Mixpanel, App Annie, Taplytics, Apptentive, Kochava, MOENGAGE, and CleverTap.

Source: VynZ Research