According to a new report, published by KBV research, The Global Mobile Virtual Network Operator (MVNO) Market size is expected to reach $132.99 billion by 2031, rising at a market growth of 7.4% CAGR during the forecast period.
The Postpaid MVNO segment is experiencing a CAGR of 8.1% during (2024 - 2031). Postpaid MVNOs attract customers seeking consistent service quality, bundled plans, and value-added features such as unlimited data, international roaming, and premium customer support. This segment is particularly popular among business users and high-income individuals who prefer the convenience of monthly billing and enhanced service packages. As MVNOs expand their offerings to include 5G connectivity, entertainment bundles, and enterprise solutions, the demand for postpaid MVNO services is expected to increase.
The Consumer segment is generating the maximum revenue in the Global Mobile Virtual Network Operator (MVNO) Market by End-use in 2023; thereby, achieving a market value of $98.02 billion by 2031. The increasing demand for affordable and flexible mobile plans among individual users has driven the growth of this segment. MVNOs catering to the consumer market offer customized prepaid and postpaid plans, unlimited data options, and value-added services like streaming and gaming bundles. Additionally, the growing penetration of smartphones, the rise of digital payment platforms, and the expansion of e-commerce channels have contributed to the widespread adoption of consumer-focused MVNO services.
The 4G MVNO segment captured a CAGR of 6.9 % during the forecast period. The widespread adoption of 4G technology and its affordability and reliability have driven strong demand for 4G-based MVNO services. Many MVNOs rely on 4G networks to offer cost-effective mobile plans, high-speed internet access, and value-added services to a broad customer base. Additionally, the extensive coverage and well-established infrastructure of 4G networks have ensured seamless connectivity, making them the preferred choice for MVNOs catering to individual and business users.
The Full MVNO segment is leading the Global Mobile Virtual Network Operator (MVNO) Market by Operational Model in 2023; thereby, achieving a market value of $75.77 billion by 2031. Full MVNOs operate independently by managing their core network infrastructure while leasing radio access from mobile network operators (MNOs). This model provides greater flexibility in service offerings, pricing strategies, and customer experience management. The ability to customize network services, implement innovative business models, and establish brand differentiation has contributed to the strong growth of this segment.
The Migrant segment exhibits a CAGR of 6.9% during (2024 - 2031). This segment primarily serves expatriates, international workers, and immigrant communities by offering affordable international calling, roaming, and data plans tailored to their needs. Migrant MVNOs differentiate themselves by providing multilingual customer support, flexible prepaid plans, and cost-effective cross-border communication solutions. The increasing global movement of people for work, education, and family reasons has fuelled demand for budget-friendly mobile services, driving growth in this segment. Additionally, strategic partnerships with telecom operators and innovative digital services have further enhanced the appeal of migrant-focused MVNO offerings.
Full Report: https://www.kbvresearch.com/mobile-virtual-network-operator-market/
The Europe market dominated the Global Mobile Virtual Network Operator (MVNO) Market by Region in 2023; thereby, achieving a market value of $56.14 billion by 2031. The North America region is expected to witness a CAGR of 6.6% during (2024 - 2031). Additionally, The Asia Pacific region would register a CAGR of 8% during (2024 - 2031).
By Contract Type
By End-use
By Service Type
By Operational Model
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