eTurboNews - Independent and Global Travel, Tourism, Lifestyle, Entertainment News you only find here

Travel News Distribution powered by eTurboNews:

Mobile Virtual Network Operator Market Is Expecting Revenue Growth To Reach $73.20 Billion By 2020: Grand View Research, Inc.

(Forimmediaterelease.net) As per the latest report launched by Grand View Research, Increasing global mobile subscribers and demand for data services is expected to favor growth of the Global Mobile Virtual Network Operator (MVNO) Market over the next six years.
The global MVNO market is expected to reach USD 73.20 billion by 2020, according to a new study by Grand View Research, Inc. Increasing global mobile subscribers and demand for data services is expected to favor market growth over the next six years. MVNOs provide differentiated services to customers by targeting niche market segments such as retail, business, roaming, etc. This helps to avoid direct competition with MNOs and also generates additional revenues for both MVNO and MNO.

Full research report on Global Mobile Virtual Network Operator (MVNO) Market with detailed figures and charts available at:
www.grandviewresearch.com/industry-analysis/mobile-virtual-network-operator-mvno-market

The global voice services market is expected to be stagnant, whereas data and value added services are expected to generate revenue for the mobile market over the forecast period. MVNOs play an important role to address this segment; they buy minutes in bulk from the MNOs and sell them to their customers at discounted price. Increasing technology advancements such as LTE and 4G infrastructure are expected to provide new avenues to the MVNO market. However, lack in expertise may restrict market growth over the next six years.

Further key findings from the study suggest:

Global MVNO subscribers are expected to exceed 300 million by 2020, at a CAGR of 10.7% from 2014 to 2020.
Europe was estimated to be the largest regional market in 2013, and accounted for over 40% of the global MVNO market. The regulatory framework in the EU has played a crucial role in the growth of MVNOs in the region. Countries such as the UK, France and Germany have a strong MVNO base, and are further expected to witness growth over the next six years.
TracFone Wireless is the major MVNO operating in the U.S. Asia Pacific and Latin America markets are expected to grow at a considerable rate over the forecast period. Additionally, market players are also looking towards Africa and Middle East countries to establish themselves as MVNOs for the next six years.
Key market participants include Virgin Mobile, Lyca Mobile, Lebara Group, PosteMobile, Tesco Mobile, Drillisch Telecom, TracFone Wireless etc. Cost effective and differentiated services are expected to be the critical success factor for industry participants. Virgin Mobile UK was the first MVNO launched in 1999; Drillisch Telecom is a key MVNO in the German market.

Get more information about Global Mobile Virtual Network Operator (MVNO) Market or request for sample of this report at:
www.grandviewresearch.com/industry-analysis/mobile-virtual-network-operator-mvno-market

For the purpose of this study, Grand View Research has segmented the global MVNO market on the basis of region:

MVNO Regional Outlook (Volume, Million Subscribers&Revenue, USD Billion; 2012 – 2020)

North America:
U.S.
Canada
Europe:
Germany
Netherlands
Italy
UK
Spain
France
Asia Pacific:
Australia
Japan
Singapore
Hong Kong
Malaysia
Latin America:
Mexico
Colombia
Brazil
MEA:
Africa

View more reports of this category by Grand View Research at:
www.grandviewresearch.com/industry/communication-services


About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information, visit - Grand View Research

Blog - http://iamamontreal2013.com/

Company Name: Grand View Research, Inc. Contact Person: Sherry James Email: haakon@grandviewresearch.com Phone: 1-415-349-0058 Address:28 2nd Street, Suite 3036 City: San Francisco State: California Country: United States Website: www.grandviewresearch.com/industry-analysis/mobile-virtual-network-operator-mvno-market

+++ Upload Your Press Release +++



Need assistance?

You need a little assistance?Call for help
+1-808-521-2800

Subscribe Now!

News Distribution Service

Distribute your press release with our service?

Submit Your Press-release

Latest Travel News


Top