New York, NY -- (SBWire) -- 12/14/2016 --the global Mobile Virtual Network Operator Market is expected to grow at a CAGR of 9.8% during 2016-2022. Among the various types, the discount segment accounted for largest share in the global MVNO market in 2015.
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In Europe, MVNOs have been encouraged by regulators from long time. The high penetration of MVNOs in Europe has led to increase in competition among telecom operators, and hence reduced prices of telecom services in the region. The average revenue per user (ARPU) in Europe has dropped by nearly 7% from 2012 to 2015.
Western Europe accounted for the largest share in the global MVNO market in 2015. The MVNO market is Western Europe is most dynamic and consistent, as compared to other geographical divisions. The MVNO market in developing countries of Asia-Pacific and Latin America is still in embryonic stage, however Brazil and China are expected to witness considerable growth in the MVNO market during the forecast period. The low barriers in telecom industry, supportive regulations, and large number of telecom subscribers in India and China are expected to lay new opportunities for the development of MVNO market in Asia-Pacific during the forecast period.
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China is expected to be the fastest growing country in the Asia-Pacific MVNO market during the forecast period. In China, major internet players, such as Baidu and Alibaba have acquired MVNO licenses. Even Smartphone vendors, such as Xiaomi, Foxconn, and Lenovo entered in the Chinese MVNO market in 2014.
The MVNO market in North America is overcrowded with large number of vendors. Currently, more than 130 MVNOs vendors are operating in North America. However, the penetration of MVNO remains fairly low, as compared to the other mature telecom markets of Europe. The average revenue per user ARPU from MVNO is relatively low in North America. However, the MVNO data services market is expected to witness considerable growth in North America during the forecast period.
Some of the major companies operating in the global Mobile Virtual Network Operator (MVNO) market include AT&T Inc., Verizon Communications Inc., T-Mobile AG, CITIC Telecom International Holding Limited., Truphone Limited, Telefonica S.A, Virgin Mobile, Tracfone Wireless Inc., and Lycamobile Group.
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Discount Segment Expected to Lead the Mobile Virtual Network Operator (MVNO) Market During 2016-2022
“Global Mobile Virtual Network Operator (MVNO) Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Discount, Cellular M2M, Business, Media/Entertainment, Migrant, Retail, Roaming, Telecom), by Category (Post-paid, Pre-paid), by Business Model (Full MVNO, Others)”