The Latin America, Middle East and Africa IoT MVNO Market would witness market growth of 22.5% CAGR during the forecast period (2023-2030).
The market is driven by several reasons, including the rise in mobile device usage and technological developments in cloud computing and virtualization. In addition, this market is driven by factors like lower costs, enhanced productivity, better infrastructure, acceptance of cloud technologies, growth in IoT applications, increased utilization of value-added services, widespread implementation of digitalization, and increasing digital payment services. In addition, the industry is anticipated to benefit from technical development and an increase in demand for payment systems and mobile internet.
Since mobile telecom services are more flexible, easier to install, and more scalable, IoT companies favor them over wired line services. As a result of the high cost of traditional mobile telecom services and the requirement to purchase them in an item-by-item fashion, MVNOs are developing service plans that offer wholesale access to a number of mobile telecom services in bulk. This has increased their uptake among various industries.
Nigeria's information and communications technology (ICT) sector remained active. The Nigerian Communications Commission (NCC) said that the telecom industry boosted its GDP contribution to 14.13% in the first quarter of 2023. Additionally, in an effort to make Dubai the world's smartest city, the Dubai Electricity and Water Authority (DEWA) is actively involved. A thorough plan to construct a smart water and energy infrastructure was designed by DEWA to support this goal. Dubai will become the world's smartest and happiest city according to DEWA's 7 billion AED Smart Grid Programme. These aspects are supporting further growth.
The Brazil market dominated the LAMEA IoT MVNO Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $191.7 million by 2030. The Argentina market is experiencing a CAGR of 23.2% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 22.2% during (2023 - 2030).
Based on Operational Model, the market is segmented into Service Operator, Full MVNO, and Reseller. Based on Subscribers, the market is segmented into Enterprise (Transportation & Logistics, Retail, Healthcare, Manufacturing, Energy & Utilities, Agriculture and Others), and Consumer. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide IoT MVNO Market is Projected to reach USD 10 Billion by 2030, at a CAGR of 19.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include KORE Wireless Group, KDDI Corporation, Semtech Corporation, Giesecke & Devrient GmbH, Aeris Communications, Inc., Proximus Group (BICS), TELUS International (TELUS Communications Inc.), U-blox Holding AG, Orbcomm, Inc. (GI Partners L.P.) and Telit corporate group (DBAY Advisors Limited).
Scope of the Study
Market Segments Covered in the Report:
By Operational Model
- Service Operator
- Full MVNO
- Reseller
By Subscribers
- Enterprise
- Transportation & Logistics
- Retail
- Healthcare
- Manufacturing
- Energy & Utilities
- Agriculture
- Others
- Consumer
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- KORE Wireless Group
- KDDI Corporation
- Semtech Corporation
- Giesecke & Devrient GmbH
- Aeris Communications, Inc.
- Proximus Group (BICS)
- TELUS International (TELUS Communications Inc.)
- U-blox Holding AG
- Orbcomm, Inc. (GI Partners L.P.)
- Telit corporate group (DBAY Advisors Limited)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA IoT MVNO Market, by Operational Model
1.4.2 LAMEA IoT MVNO Market, by Subscribers
1.4.3 LAMEA IoT MVNO Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2019, Sep – 2023, Mar) Leading Players
Chapter 4. LAMEA IoT MVNO Market by Operational Model
4.1 LAMEA Service Operator Market by Country
4.2 LAMEA Full MVNO Market by Country
4.3 LAMEA Reseller Market by Country
Chapter 5. LAMEA IoT MVNO Market by Subscribers
5.1 LAMEA Enterprise Market by Country
5.2 LAMEA IoT MVNO Market by Enterprise Type
5.2.1 LAMEA Transportation & Logistics Market by Country
5.2.2 LAMEA Retail Market by Country
5.2.3 LAMEA Healthcare Market by Country
5.2.4 LAMEA Manufacturing Market by Country
5.2.5 LAMEA Energy & Utilities Market by Country
5.2.6 LAMEA Agriculture Market by Country
5.2.7 LAMEA Others Market by Country
5.3 LAMEA Consumer Market by Country
Chapter 6. LAMEA IoT MVNO Market by Country
6.1 Brazil IoT MVNO Market
6.1.1 Brazil IoT MVNO Market by Operational Model
6.1.2 Brazil IoT MVNO Market by Subscribers
6.1.2.1 Brazil IoT MVNO Market by Enterprise Type
6.2 Argentina IoT MVNO Market
6.2.1 Argentina IoT MVNO Market by Operational Model
6.2.2 Argentina IoT MVNO Market by Subscribers
6.2.2.1 Argentina IoT MVNO Market by Enterprise Type
6.3 UAE IoT MVNO Market
6.3.1 UAE IoT MVNO Market by Operational Model
6.3.2 UAE IoT MVNO Market by Subscribers
6.3.2.1 UAE IoT MVNO Market by Enterprise Type
6.4 Saudi Arabia IoT MVNO Market
6.4.1 Saudi Arabia IoT MVNO Market by Operational Model
6.4.2 Saudi Arabia IoT MVNO Market by Subscribers
6.4.2.1 Saudi Arabia IoT MVNO Market by Enterprise Type
6.5 South Africa IoT MVNO Market
6.5.1 South Africa IoT MVNO Market by Operational Model
6.5.2 South Africa IoT MVNO Market by Subscribers
6.5.2.1 South Africa IoT MVNO Market by Enterprise Type
6.6 Nigeria IoT MVNO Market
6.6.1 Nigeria IoT MVNO Market by Operational Model
6.6.2 Nigeria IoT MVNO Market by Subscribers
6.6.2.1 Nigeria IoT MVNO Market by Enterprise Type
6.7 Rest of LAMEA IoT MVNO Market
6.7.1 Rest of LAMEA IoT MVNO Market by Operational Model
6.7.2 Rest of LAMEA IoT MVNO Market by Subscribers
6.7.2.1 Rest of LAMEA IoT MVNO Market by Enterprise Type
Chapter 7. Company Profiles
7.1 KORE Wireless Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Acquisition and Mergers:
7.1.4.3 Product Launches and Product Expansions:
7.2 KDDI Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.3 Semtech Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Product Development and Engineering expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.4 Giesecke & Devrient GmbH
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.5 Aeris Communications, Inc.
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Proximus Group (BICS)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.7 TELUS International (TELUS Communications Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Recent strategies and developments:
7.7.3.1 Partnerships, Collaborations, and Agreements:
7.7.3.2 Acquisition and Mergers:
7.8 U-blox Holding AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segment and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.9 Orbcomm, Inc. (GI Partners L.P.)
7.9.1 Company Overview
7.10. Telit corporate group (DBAY Advisors Limited)
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Acquisition and Mergers:
7.10.2.3 Product Launches and Product Expansions:
TABLE 1 LAMEA IoT MVNO Market, 2019 - 2022, USD Million
TABLE 2 LAMEA IoT MVNO Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT MVNO Market
TABLE 4 Product Launches And Product Expansions– IoT MVNO Market
TABLE 5 Acquisition and Mergers– IoT MVNO Market
TABLE 6 LAMEA IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 7 LAMEA IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 8 LAMEA Service Operator Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Service Operator Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Full MVNO Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Full MVNO Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Reseller Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Reseller Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 15 LAMEA IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 16 LAMEA Enterprise Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Enterprise Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 19 LAMEA IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 20 LAMEA Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Transportation & Logistics Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Energy & Utilities Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Consumer Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Consumer Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA IoT MVNO Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA IoT MVNO Market by Country, 2023 - 2030, USD Million
TABLE 38 Brazil IoT MVNO Market, 2019 - 2022, USD Million
TABLE 39 Brazil IoT MVNO Market, 2023 - 2030, USD Million
TABLE 40 Brazil IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 41 Brazil IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 42 Brazil IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 43 Brazil IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 44 Brazil IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 45 Brazil IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 46 Argentina IoT MVNO Market, 2019 - 2022, USD Million
TABLE 47 Argentina IoT MVNO Market, 2023 - 2030, USD Million
TABLE 48 Argentina IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 49 Argentina IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 50 Argentina IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 51 Argentina IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 52 Argentina IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 53 Argentina IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 54 UAE IoT MVNO Market, 2019 - 2022, USD Million
TABLE 55 UAE IoT MVNO Market, 2023 - 2030, USD Million
TABLE 56 UAE IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 57 UAE IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 58 UAE IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 59 UAE IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 60 UAE IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 61 UAE IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 62 Saudi Arabia IoT MVNO Market, 2019 - 2022, USD Million
TABLE 63 Saudi Arabia IoT MVNO Market, 2023 - 2030, USD Million
TABLE 64 Saudi Arabia IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 66 Saudi Arabia IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 67 Saudi Arabia IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 68 Saudi Arabia IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 69 Saudi Arabia IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 70 South Africa IoT MVNO Market, 2019 - 2022, USD Million
TABLE 71 South Africa IoT MVNO Market, 2023 - 2030, USD Million
TABLE 72 South Africa IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 73 South Africa IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 74 South Africa IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 75 South Africa IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 76 South Africa IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 77 South Africa IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 78 Nigeria IoT MVNO Market, 2019 - 2022, USD Million
TABLE 79 Nigeria IoT MVNO Market, 2023 - 2030, USD Million
TABLE 80 Nigeria IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 81 Nigeria IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 82 Nigeria IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 83 Nigeria IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 84 Nigeria IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 85 Nigeria IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 86 Rest of LAMEA IoT MVNO Market, 2019 - 2022, USD Million
TABLE 87 Rest of LAMEA IoT MVNO Market, 2023 - 2030, USD Million
TABLE 88 Rest of LAMEA IoT MVNO Market by Operational Model, 2019 - 2022, USD Million
TABLE 89 Rest of LAMEA IoT MVNO Market by Operational Model, 2023 - 2030, USD Million
TABLE 90 Rest of LAMEA IoT MVNO Market by Subscribers, 2019 - 2022, USD Million
TABLE 91 Rest of LAMEA IoT MVNO Market by Subscribers, 2023 - 2030, USD Million
TABLE 92 Rest of LAMEA IoT MVNO Market by Enterprise Type, 2019 - 2022, USD Million
TABLE 93 Rest of LAMEA IoT MVNO Market by Enterprise Type, 2023 - 2030, USD Million
TABLE 94 Key Information – KORE Wireless Group
TABLE 95 Key information – KDDI Corporation
TABLE 96 Key information – Semtech Corporation
TABLE 97 Key Information – Giesecke & Devrient GmbH
TABLE 98 Key Information – Aeris Communications, Inc.
TABLE 99 key Information – Proximus Group
TABLE 100 Key Information – TELUS International
TABLE 101 Key information – u-blox Holding AG
TABLE 102 key information – Orbcomm, Inc.
TABLE 103 Key Information – Telit corporate group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2019, Sep – 2023, Ma) Leading Players
FIG 5 LAMEA IoT MVNO Market share by Operational Model, 2022
FIG 6 LAMEA IoT MVNO Market share by Operational Model, 2030
FIG 7 LAMEA IoT MVNO Market by Operational Model, 2019 - 2030, USD Million
FIG 8 LAMEA IoT MVNO Market share by Subscribers, 2022
FIG 9 LAMEA IoT MVNO Market share by Subscribers, 2030
FIG 10 LAMEA IoT MVNO Market by Subscribers, 2019 - 2030, USD Million
FIG 11 LAMEA IoT MVNO Market share by Country, 2022
FIG 12 LAMEA IoT MVNO Market share by Country, 2030
FIG 13 LAMEA IoT MVNO Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and Developments: KORE Wireless Group
FIG 15 Recent strategies and developments: Semtech Corporation
FIG 16 Recent strategies and developments: Giesecke & Devrient GmbH
FIG 17 Recent strategies and development: TELUS International
FIG 18 Recent strategies and developmEnts: Telit corporate group