Albany, NY -- (SBWIRE) -- 05/03/2018 -- There has been a significant increase in the number of cellular subscribers, globally. This is because of the increasing number of consumers opting for devices that offer connectivity. In this scenario, the global mobile virtual network operator (MVNO) market is a progressive one with the monumental rise in the number of the mobile subscriber. Recently, a study titled "Mobile Virtual Network Operator (MVNO) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2023" has been broadcasted to the wide database of Market Research Hub (MRH), offering readers a clear perspective of the market which accurately predicts the future of the market and also gives an impression of the present market situation. Moreover, the research study includes analysis of key developments that are shaping the demand for mobile virtual network operator.

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Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. The constantly rising demand for low-cost data and voice services is luring service providers to purchase network services at wholesale rates from mobile network operators (MNOs) and sell them as bundled services at their own rates. This not only helps to use the excess bandwidth but also to offer customized services and boost the revenue of mobile operators. Considering this, the analyst of the report studies that the global MVNO market is likely to expand at a CAGR of 7.2% between 2017 and 2023. At this pace, the market will increase from US$49.51 bn in 2017 to US$75.25 bn by the end of 2023.

Moreover, it has been also identified that governmental support in several countries for maximum operation of mobile bandwidth is also acting in favor of the mobile virtual network operator market. Geography-wise, Europe holds a prominent position in the MVNO market as the region accounts for the largest number of MVNOs worldwide.

Segmental Overview

In order to provide a clear and precise overview, the research includes segmental analysis on the basis of operational model, industry vertical, subscriber, and geography. Moreover, a vital section of the study explains the major drivers and regional dynamics of the global MVNO market and current trends within the industry. On the basis of regional outlook, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific, North America, and Latin America.

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Depending upon the type, business, M2M, discount, retail, media, migrant, roaming, and telecom are the segments into which the MVNO market is classified. Out of these, the discount segment is likely to remain lucrative. By operational model, the report covers reseller MVNO, full-MVNO, and service operator MVNO. In terms of subscriber, the MVNO market is bifurcated into business and consumer. For each regional segment, the market size for future years has been analyzed which is based on revenue and market development between 2017 and 2023.

Finally, the report profiles the major players from the MVNO market. They are AT&T IncSprint Corporation, Citic Telecom International Holding Limited, Tracfone Wireless Inc., Telefonica S.A., Lycamobile Group, Verizon Communications Inc., Truphone Limited, T-MobileAG, and Virgin Mobile.

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