Global Mobile Virtual Network Operator (MVNO) Market Is Expected to Grow at a Vigorous CAGR of 8.8% During the Years 2018-2023

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Pune, India -- (SBWire) -- 02/04/2019 --Mobile Virtual Network Operator (MVNO) Market report provides emerging opportunities in the market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. Mobile Virtual Network Operator (MVNO) market report provides current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the Mobile Virtual Network Operator (MVNO) industry.

Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. MVNO's do not have their own infrastructure and own spectrum. However, they purchase minutes of use (MOU) from mobile network operators (MNO) and sell them back to customers. There are nearly 1,000 MVNOs, globally, who together account for around 10% of the total mobile users.

Major MNOs like T-Mobile and Verizon choose MVNOs to offload the additional capacity in bulk for wholesale prices, which would instead remain unused and help cover the risk of loses. The need for cheaper service rates is increasing competition among service providers, who are compelled to see MVNOs as one of the options to gain virtual customers. The emergence of M2M (machine-to-machine), cloud, and mobile money, coupled with increased data usage rates, are expected to increase the demand for MVNOs.

The Mobile Virtual Network Operator (MVNO) market is anticipated to increase at a significant CAGR of 8.8% during the years 2018-2023.

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Key Developments in the Mobile Virtual Network Operator (MVNO) Market:

November 2017 - Virgin Mobile launched MNVO in Russia, as a part of significant expansion of the firm in Russia.

September 2017 - Lebara was acquired by Palmarium, a Switzerland-based private investor. This acquisition was made by Palmarium's subsidiary VIEO.

August 2017 - KDDI Mobile agreed to acquire Soracom Inc., one of the leaders in IoT space that combines air connectivity with cloud capabilities to deliver secure communication to optimize IoT and M2M. Soracom Inc., is expected to operate as a consolidated subsidiary of KDDI mobile.

February 2017 - Virgin Mobile expanded its reach by launching latest MVNO operations in United Arab Emirates (UAE).

Key Manufacturers of Mobile Virtual Network Operator (MVNO) Market: Lebara Group, KDDI Mobile, TracFone Wireless Inc., FRiENDi Mobile, Boost Mobile, Virgin Mobile USA, Tesco Mobile Ltd., Globecomm Systems, Inc., Lycamobile, PosteMobile, Drillisch Telecom, And many more…

Mobile Virtual Network Operator (MVNO) market report provides key statistics on the market status of the Mobile Virtual Network Operator (MVNO) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Mobile Virtual Network Operator (MVNO) industry.

Geographical Regions: US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia.

Mobile Virtual Network Operator (MVNO) market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Mobile Virtual Network Operator (MVNO) market.

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Mobile Virtual Network Operator (MVNO) Market Dynamics

Drivers

- Increasing Mobile Network Subscribers and Growing Penetration of Mobile Devices

- Rising Demand for Efficient Cellular Network

Restraints

- Lower Profit Margins

Global Mobile Virtual Network Operator (MVNO) market report delivers detailed study on the major drivers and restraints for the key players & their impact.

Key Questions Answered in Mobile Virtual Network Operator (MVNO) Market Report:

-What will the market size be in 2023 and what will the growth rate be?

-What are the key market trends?

-What is driving this market?

-What are the challenges to Mobile Virtual Network Operator (MVNO) market growth?

-Who are the key Manufacturers in Mobile Virtual Network Operator (MVNO) market space?

-What are the market opportunities and threats faced by the key Manufacturers?

-What are the strengths and weaknesses of the key Manufacturers?

Global Mobile Virtual Network Operator (MVNO) market report explains in-depth information about market development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Mobile Virtual Network Operator (MVNO) market before evaluating its possibility.

No. of pages: 102

Price of Report: $ 4250 (Single User License)

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