MVNO Market is projected to grow USD 116.8 billion
by 2028

MVNOs can leverage this advantage to offer seamless
connectivity services across multiple regions, enabling multinational IoT
deployments and leading to significant market growth. The MVNO Market
size is projected to grow from USD 84.6 billion in 2023 to USD 116.8 billion by
2028, at a CAGR of 6.7% during the forecast period, according to a new report by
MarketsandMarkets™.

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Based on subscriber,
the enterprise segment is expected to grow with the highest CAGR during the
forecast period

Enterprise MVNOs
help enterprise IT markets expand their mobile options, such as better service
and customer support, the ability to manage mobile users, and the expertise to
integrate mobile data with existing desktop infrastructure. More and more enterprises
seek better visibility and control over their mobile communications. One of the
factors driving the growth of the enterprise segment is the desire to reduce
costs while making the most of different, unified communications platforms and
IoT services and offering employees access to data and applications anywhere,
anytime.

Europe is expected
to the largest market size during the forecast period.

The MVNO market in
Europe is highly competitive, as the UK, Germany and France have a strong focus
on Research and Development (R&D) and innovation. MVNO has a strong
starting base point in the European region. It has the highest market share
among all the regions, owing to the number of MVNOs present and the average net
revenue per user. The increasing adoption of integrated services such as VoIP
and ISP through MVNOs for enterprises is making their business processes
flexible and agile. The increasing demand for managing and maintaining
broadband connectivity, mobility services, and data centers is expected to
drive the MVNO services market in the Europe region.

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Market Players

The MVNO market
comprises major providers, such Virgin Media Business (UK), Dataxoom (US),
Lebara (UK), KDDI (Japan), Asahi Net (Japan), Virgin Mobile (US), Tracfone
Wireless (US), Boost Mobile (US), Lycamobile (UK), Tesco Mobile (UK),
Postemobile (UK), Airvoice Wireless (US), Asda Mobile (UK), Giffgaff (UK),
Kajeet (US), Voiceworks (Netherlands), Ting (US), Red Pocket Mobile (US),
Consumer Cellular (US), Hologram (US), 1oT (Estonia), Soracom (Japan), Onomondo
(Denmark), Airlinq (US), EMnify (Germany), and 1NCE (Germany). To increase
their market share in the MVNO industry, these competitors havae used a variety
of growth methods, including partnerships, agreements, collaborations, new
product releases, product enhancements, and acquisitions.

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