U.S. Mobile Virtual Network Operator Market Size, Share, Growth and Trend Analysis Report
by Susan Hill Business ConsultantThe U.S. mobile virtual network operator (MVNO) market size
is expected to reach USD 32.19 billion by 2025, according to a new report by
Grand View Research, Inc., registering a 7.2% CAGR during the forecast period.
Increasing demand for value-added services (VAS) over voice services has led to
a rise in the adoption of MVNO in U.S.
Increasing demand for roaming MVNO model owing to
rise in number of travelers in the country has greatly propelled the U.S. MVNO
market over the forecast period. Additionally, MVNO operators have been
offering service sets at lower costs, which is expected to considerably aid
market growth.
Soaring demand for smartphones and mobile broadband,
along with technological advancements and development of compact, lightweight,
and multifunctional devices, is anticipated to significantly drive the U.S.
market. Expansion of communication technologies such as LTE 4G and 5G as well
as expansion of Wi-Fi offer growth opportunities for players.
A key trend that has been observed in the U.S.
market is that MVNOs in the country allow their users to personalize their
plans for meeting text, data, and voice demands. Increasing advancements in LTE
infrastructure, which provides services such as VoLTE, ViLTE, and VoWiFi, is
expected to offer growth prospects to market players over the forecast period.
Further
key findings from the report suggest:
- The U.S. MVNO market is expected to project a CAGR of 7.2% over the
forecast period, owing to increasing number of mobile subscribers in the
country
- By type, the discount segment is anticipated to dominate the market,
with a revenue of USD 7.73 billion in 2025. This growth can be attributed
to intense competition in the market, which encourages MVNOs to offer
various discounts on voice, data, and text to retain existing users and
attract new ones
- On the basis of operational mode, the full MVNO segment is expected
to reach USD 19.35 billion by 2025, owing to low capital investment
required in setting it up
- By way of end use, the consumer segment emerged dominant and is
anticipated to register a CAGR of 7.0% over the forecast period. This
growth can be attributed to growing advancements in high-speed mobile
broadband and availability of low-cost smartphones in the market
- Key industry participants include 7-Eleven Speak Out Wireless,
AirVoice Wireless, Asahi Net, Boost Mobile LLC, CJ HelloVision Co. Ltd,
and Cyfrowy Polsat SA.
Access
full research report on U.S. mobile virtual network operator (MVNO) market:
www.grandviewresearch.com/industry-analysis/us-mvno-market
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Created on Mar 17th 2020 09:13. Viewed 242 times.