The MVNO market generated revenue of USD 75,109.1 million in 2022, which will grow at a rate of 7.3% in the future, to reach USD 131,657.1 million by 2030, as per a report by a market research company P&S Intelligence.
The prepaid category will have the
higher growth in the future, of approximately 8%. This has a lot to do with people
choosing prepaid plans as they offer freedom to be customized as per
requirements, particularly those that utilize pay-as-you-use model.
Mobile Virtual Network Operator (MVNO) Market Research Report |
The postpaid category had the larger
revenue share in the past, and it will dominate the industry in the future too.
This is due to the fact that consumers are not required to pay anything upfront
with these plans, and they also get a monthly bill according to the use of
services. Furthermore, their unlimited service provision and facility of
rollover of unused data contribute to the growth of the industry.
The consumer category had the larger revenue
share in the recent past, and it will maintain its position in the near future,
because of the rising count of mobile network subscribers. The growing use of
mobile devices pushes the use of data-intensive applications, including the
internet and online videos. Consequently, heavy investments are being made to
improve the network coverage and increase the access to MBB connections, which will
help the growth of the industry.
The European MVNO market had the
largest share, over 40%, in 2022, and it will maintain its dominance in the
coming years. This has a lot to do with the increasing acceptance of advanced
technologies, infra development, and the presence of numerous MVNOs and high ARPU.
Additionally, the increasing acceptance of integrated services, including voice-over
internet protocol, supports the expansion of the regional industry.
APAC will grow the fastest in the
future, because of the collaborations amongst industry players and cellphone manufacturers.
Moreover, China and India, are working steadily for the betterment of their IT
and telecom infra, for the delivery of enhanced telecom solutions. The
development of the market in APAC will be significantly influenced by India,
South Korea, Malaysia, China, Japan, and Australia, with their developed
cellular networks.
Triple-play services are bundle packs
provided by MVNOs, and they include television, broadband internet access, and
latency-sensitive telephone services. The idea of triple-play has been
successful in North America. There is a possibility that soon, these services
will be delivered all across the globe via the internet. Likewise, major
software companies are developing software that enables MVNOs to offer
triple-play services.
Hence, the continuous increase in the
use of mobile devices all over the world will be responsible for the growth of
the market in the near future.
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