Mobile Virtual Network Operator Market Synopsis:
Mobile virtual network operators (MVNO) resell wireless network communication services using the infrastructure of mobile network operators (MNO). Both the MNO and MVNO benefit from such agreement as MNOs can sell their extra unused network bandwidth to MVNOs who can buy them at a subsidized rate.

Market Research Future (MRFR) has released its latest report on mobile virtual network operator market after scrutinizing the major macro and micro-economic factors governing the market over the forecast period of 2017-2023. As per MRFR's analysis, the market is due to reach USD 5 Bn at a CAGR of 12% during 2017-2023.

Expanding base of smartphone users is the most significant factor that is propelling the growth of the market. Availability of voice and data services at lower cost has encouraged consumers to opt for mobile virtual network services which have boosted the growth of the market. The governments in various countries are encouraging the growth of MVNOs as they help to reduce the cost of communication. in various countries, the governments have mandated MNOs to support Mobile Virtual Network Operator Market to provide quality services to customers. Moreover, the extravagant cost of international calling is a key factor which is stimulating the growth of the market. MVNOS provide international calling facilities at cheaper rates owing to which they are being increasingly accommodated by MNOs in developing markets.

The emergence of blockchain-based mobile virtual network operators is anticipated to create lucrative opportunities for the growth of the market. Blockchain in telecommunication is perfectly built to reduce cross-border remittance challenges such as speed and security. A variety of blockchain start-ups are investing in initiatives to bring the technology to the mainstream telecommunication industry.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/968

Competitive Landscape:
The prominent players in the mobile virtual network operator market include RedPocket Mobile (U.S.), Freenet AG (Germany), Tesco Mobile Ltd (U.K), Virgin Mobile (U.S.), FreedomPop (U.S.), Tracfone Wireless, Inc. (U.S.), AirVoice Wireless (U.S), Polkomtel Plus (Poland), KDDI Mobile (U.S.), and Kajeet, Inc (U.S.). Other notable players include CITIC Telecom International Holding Limited (Hong-Kong), Telefonica S.A. (Spain), Lyca Mobile Group (U.K.), Verizon Communications (U.S.), Sprint Corporation (U.S.), Tracfone Wireless, Inc. (U.S.), T-Mobile AG (U.S.), and AT&T (U.S.).

Segmentation:
The mobile virtual network operator market has been segmented based on type, service, and infrastructure.
• By type, the mobile virtual network operator market has been segmented into reseller, and service operator.
• By service, the mobile virtual network operator market has been segmented into network routing, customer care, billing & collection, handset management (2G, 3G, 4G), and marketing & sales.

Regional Analysis:
By region, the mobile virtual network operator market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

The APAC market is poised to reign the global mobile virtual network operator market over the forecast period. Spiraling growth of the telecom industry in the region has positioned the APAC market for prolific growth. The developing economies of the region such as India, Vietnam, Myanmar, and China are making great strides in improving their telecommunication infrastructure. Moreover, South East Asian countries such as Thailand, Singapore, and the Philippines too are anticipated to be major contributors to the market. The mobile virtual network operator market is considerably consolidated in Australia, Japan, and Malaysia. In Japan, mobile virtual network operators provide services such as remote management of vending machines, online gaming, M2M, and surveillance.

Europe is a significant market for mobile virtual network operators and is estimated to account for an advantageous share of the market. The Europe market is spurred by government support who see mobile virtual network operators as a means of price reduction and increase competition. The key contributors to the Europe market include the UK, Germany, and the Netherlands.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/mobile-virtual-network-operator-market-968

Industry Updates:
May 2019 - mobile virtual network operator (MVNO) redONE, debuted its service offerings in Singapore. It is using StarHub’s mobile network infrastructure to deliver its services. redONE aims to create a single redONE community linking Singapore and Malaysia, which will be beneficial for frequent travelers between the two countries.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]