The virtual network operator market size has grown strongly in recent years. It will grow from $98.4 billion in 2023 to $108.33 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The expansion observed in the historical period can be attributed to several factors, including the augmentation of physical network infrastructure, regulatory modifications, the burgeoning demand for specialized telecom services, partnerships and collaborations, and the imperative for cost efficiency.
The virtual network operator market size is expected to see strong growth in the next few years. It will grow to $160.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The projected growth in the forecast period can be ascribed to several factors, including the emergence of industry-specific VNOs, the convergence of telecom and IT services, a shift towards network orchestration and automation, and the expansion of wholesale and MVNO partnerships. Significant trends anticipated in the forecast period encompass the deployment and adoption of 5G technology, integration of Internet of Things (IoT) devices, initiatives for digital transformation, and the emergence of virtualization technologies.
The anticipated surge in mobile data usage is set to drive the expansion of the virtual network operator (VNO) market in the coming years. Mobile data usage refers to the volume of data transmitted and received by a mobile device via a cellular network within a specific timeframe. The increasing demand for mobile data usage is attributed to various factors, including the rising adoption of online content, the proliferation of streaming services, and the growing popularity of bandwidth-intensive applications. Virtual network operators leverage mobile data to offer wireless communication services to consumers without owning the underlying network infrastructure. For example, a report published by Telefonaktiebolaget LM Ericsson, a Sweden-based multinational networking and telecommunications company, revealed a 38% growth in global mobile network data traffic between Q3 2021 and Q3 2022. Consequently, the surge in mobile data usage is a key driver of the virtual network operator market's growth.
Major players in the virtual network operator market are concentrating on introducing advanced solutions like mobile virtual network operators (MVNOs) to gain a competitive advantage. MVNOs are wireless communication service providers that deliver services without owning the wireless infrastructure they utilize. For instance, in November 2023, FPT Retail, a Vietnam-based IT company specializing in telecom and digital retail services, launched its MVNO in Vietnam, offering the 'FPT Super Data SIM' to its employees at FPT Shops and FPT Long Châu pharmacies. This initiative aims to expand service offerings to clients while leveraging the ecosystem advantages of the entire FPT Group across various industries such as retail, internet, television, e-commerce, communication services, education, and training. With the introduction of FPT Retail MVNO, Vietnam now boasts five active MVNOs.
In August 2023, Wireless Logic, a UK-based telecommunications firm, acquired Webbing for approximately $200 million. Through this acquisition, Wireless Logic seeks to acquire Webbing's eSIM technology, which has been at the forefront of the transition towards the new GSMA (Global System for Mobile Communications Association) eSIM standards for IoT. Webbing, an Israel-based MVNO, provides enterprise-grade global connectivity and IoT services.
Major companies operating in the virtual network operator market are KDDI Corporation, DISH Network L.L.C., PosteMobile S.p.A., 1&1 AG, Infobip Limited, Tesco Mobile Limited, Lebara Group BV, Boost Mobile LLC, TracFone Wireless Inc., Enreach Holding, Virgin Media Business Limited, Virgin Mobile USA, Cricket Wireless, Truphone Ltd, Asahi Net Inc., Kajeet Inc., FRiENDi Mobile, Lycamobile Pty Ltd, Airvoice Wireless LLC., TP Global Operations Limited, DataXoom Corp., FreedomPop, Asda Mobile, Giffgaff Limited, Orange S.A.
North America was the largest region in the virtual network operator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual network operator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the virtual network operator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A virtual network operator (VNO) is a company that furnishes telecommunication services by renting network infrastructure from other operators. By leasing network infrastructure from established operators, it can offer telecommunication services, presenting cost-effective solutions for extending network coverage or venturing into new markets.
The primary offerings of virtual network operators comprise mobile virtual network operators and fixed virtual network operators. A mobile virtual network operator (MVNO) is a telecommunications company that delivers mobile communication services to customers by leasing network capacity and services from existing mobile network operators (MNOs). It provides various services, including prepaid and postpaid options, catering to a diverse array of end users such as consumers and enterprises.
The virtual network operator market research report is one of a series of new reports that provides virtual network operator market statistics, including virtual network operator industry global market size, regional shares, competitors with virtual network operator market share, detailed virtual network operator market segments, market trends, and opportunities, and any further data you may need to thrive in the virtual network operator industry. This virtual network operator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The virtual network operator market includes revenues earned by entities by providing voice communications, SMS (Short Message Service) services, MMS (Multimedia Messaging Service) services, and data services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The virtual network operator market size is expected to see strong growth in the next few years. It will grow to $160.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The projected growth in the forecast period can be ascribed to several factors, including the emergence of industry-specific VNOs, the convergence of telecom and IT services, a shift towards network orchestration and automation, and the expansion of wholesale and MVNO partnerships. Significant trends anticipated in the forecast period encompass the deployment and adoption of 5G technology, integration of Internet of Things (IoT) devices, initiatives for digital transformation, and the emergence of virtualization technologies.
The anticipated surge in mobile data usage is set to drive the expansion of the virtual network operator (VNO) market in the coming years. Mobile data usage refers to the volume of data transmitted and received by a mobile device via a cellular network within a specific timeframe. The increasing demand for mobile data usage is attributed to various factors, including the rising adoption of online content, the proliferation of streaming services, and the growing popularity of bandwidth-intensive applications. Virtual network operators leverage mobile data to offer wireless communication services to consumers without owning the underlying network infrastructure. For example, a report published by Telefonaktiebolaget LM Ericsson, a Sweden-based multinational networking and telecommunications company, revealed a 38% growth in global mobile network data traffic between Q3 2021 and Q3 2022. Consequently, the surge in mobile data usage is a key driver of the virtual network operator market's growth.
Major players in the virtual network operator market are concentrating on introducing advanced solutions like mobile virtual network operators (MVNOs) to gain a competitive advantage. MVNOs are wireless communication service providers that deliver services without owning the wireless infrastructure they utilize. For instance, in November 2023, FPT Retail, a Vietnam-based IT company specializing in telecom and digital retail services, launched its MVNO in Vietnam, offering the 'FPT Super Data SIM' to its employees at FPT Shops and FPT Long Châu pharmacies. This initiative aims to expand service offerings to clients while leveraging the ecosystem advantages of the entire FPT Group across various industries such as retail, internet, television, e-commerce, communication services, education, and training. With the introduction of FPT Retail MVNO, Vietnam now boasts five active MVNOs.
In August 2023, Wireless Logic, a UK-based telecommunications firm, acquired Webbing for approximately $200 million. Through this acquisition, Wireless Logic seeks to acquire Webbing's eSIM technology, which has been at the forefront of the transition towards the new GSMA (Global System for Mobile Communications Association) eSIM standards for IoT. Webbing, an Israel-based MVNO, provides enterprise-grade global connectivity and IoT services.
Major companies operating in the virtual network operator market are KDDI Corporation, DISH Network L.L.C., PosteMobile S.p.A., 1&1 AG, Infobip Limited, Tesco Mobile Limited, Lebara Group BV, Boost Mobile LLC, TracFone Wireless Inc., Enreach Holding, Virgin Media Business Limited, Virgin Mobile USA, Cricket Wireless, Truphone Ltd, Asahi Net Inc., Kajeet Inc., FRiENDi Mobile, Lycamobile Pty Ltd, Airvoice Wireless LLC., TP Global Operations Limited, DataXoom Corp., FreedomPop, Asda Mobile, Giffgaff Limited, Orange S.A.
North America was the largest region in the virtual network operator market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virtual network operator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the virtual network operator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A virtual network operator (VNO) is a company that furnishes telecommunication services by renting network infrastructure from other operators. By leasing network infrastructure from established operators, it can offer telecommunication services, presenting cost-effective solutions for extending network coverage or venturing into new markets.
The primary offerings of virtual network operators comprise mobile virtual network operators and fixed virtual network operators. A mobile virtual network operator (MVNO) is a telecommunications company that delivers mobile communication services to customers by leasing network capacity and services from existing mobile network operators (MNOs). It provides various services, including prepaid and postpaid options, catering to a diverse array of end users such as consumers and enterprises.
The virtual network operator market research report is one of a series of new reports that provides virtual network operator market statistics, including virtual network operator industry global market size, regional shares, competitors with virtual network operator market share, detailed virtual network operator market segments, market trends, and opportunities, and any further data you may need to thrive in the virtual network operator industry. This virtual network operator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The virtual network operator market includes revenues earned by entities by providing voice communications, SMS (Short Message Service) services, MMS (Multimedia Messaging Service) services, and data services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Virtual Network Operator Market Characteristics3. Virtual Network Operator Market Trends and Strategies32. Global Virtual Network Operator Market Competitive Benchmarking33. Global Virtual Network Operator Market Competitive Dashboard34. Key Mergers and Acquisitions in the Virtual Network Operator Market
4. Virtual Network Operator Market - Macro Economic Scenario
5. Global Virtual Network Operator Market Size and Growth
6. Virtual Network Operator Market Segmentation
7. Virtual Network Operator Market Regional and Country Analysis
8. Asia-Pacific Virtual Network Operator Market
9. China Virtual Network Operator Market
10. India Virtual Network Operator Market
11. Japan Virtual Network Operator Market
12. Australia Virtual Network Operator Market
13. Indonesia Virtual Network Operator Market
14. South Korea Virtual Network Operator Market
15. Western Europe Virtual Network Operator Market
16. UK Virtual Network Operator Market
17. Germany Virtual Network Operator Market
18. France Virtual Network Operator Market
19. Italy Virtual Network Operator Market
20. Spain Virtual Network Operator Market
21. Eastern Europe Virtual Network Operator Market
22. Russia Virtual Network Operator Market
23. North America Virtual Network Operator Market
24. USA Virtual Network Operator Market
25. Canada Virtual Network Operator Market
26. South America Virtual Network Operator Market
27. Brazil Virtual Network Operator Market
28. Middle East Virtual Network Operator Market
29. Africa Virtual Network Operator Market
30. Virtual Network Operator Market Competitive Landscape and Company Profiles
31. Virtual Network Operator Market Other Major and Innovative Companies
35. Virtual Network Operator Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Virtual Network Operator Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on virtual network operator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for virtual network operator? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The virtual network operator market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Offering: Mobile virtual network operator; Fixed virtual network operator2) by Service: Prepaid; Postpaid
3) by End-User: Consumer; Enterprise
Key Companies Mentioned: KDDI Corporation; DISH Network L.L.C.; PosteMobile S.p.a.; 1&1 AG; Infobip Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- KDDI Corporation
- DISH Network L.L.C.
- PosteMobile S.p.A.
- 1&1 AG
- Infobip Limited
- Tesco Mobile Limited
- Lebara Group BV
- Boost Mobile LLC
- TracFone Wireless Inc.
- Enreach Holding
- Virgin Media Business Limited
- Virgin Mobile USA
- Cricket Wireless
- Truphone Ltd
- Asahi Net Inc.
- Kajeet Inc.
- FRiENDi Mobile
- Lycamobile Pty Ltd
- Airvoice Wireless LLC.
- TP Global Operations Limited
- DataXoom Corp.
- FreedomPop
- Asda Mobile
- Giffgaff Limited
- Orange S.A.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 108.33 Billion |
Forecasted Market Value ( USD | $ 160.18 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |