Mobile Virtual Network Operator Market Overview Mobile Virtual Network Operator Market is expected to grow from USD 65.7 billion in 2020 to USD 96.3 billion by 2026 at a CAGR of 6.7% from 2020 to 2026. A Mobile Virtual Network Operators (MVNO) is a company which delivers cellular services by using another mobile network operator’s infrastructure. Even though MVNO does not have any frequency spectrum, it has an arrangement with MVNO. It provides its own data and voice plans, including its own pricing structure and customer service platforms. Generally, MVNOs buy minutes from network operators and resell them to their clients. Most of the consumers are unable to differentiate between MVNO and MNO services and operations. The rapid deployment of innovative services such as mobile money and machine-to-machine (M2M) transaction is the major trend observed in the mobile virtual network operators market. In addition, technological advancements such as cloud computing and big data analytics are further projected to boost the demand for the technology across the world. Mobile virtual network operators avails easy and affordable mobility possibilities for several industries such as lifestyle, entertainment and productivity which are supporting the business enterprises to improve their revenue. The extensive usage of advanced devices and rising speed of network is the major factors which are propelling the growth of the global mobile virtual network operators market. These factors have increased the usage of data application such as internet browsing and video streaming. Furthermore, increasing investments are being undertaken as to improve network coverage and mobile broadband connectivity which is majorly boosting the growth of the mobile virtual network operators market across the world in the near future. Additionally, operators gain money through the rented spectrum used by MVNOs. Governing bodies are promoting MVNOs to minimize the expenditure on household communications and encourage efficient usage of the full spectrum. MVNOs offer customized services to consumers which are custom-made to the needs of consumers. The number of MVNOs is increasing worldwide owing to the support of governments and increased competition in the mobile network market. On the other hand, low profit margins and minimized tariffs restrain Mobile Virtual Network Operator Market growth
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