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Increasing Industry Verticals to Propel Global Mobile Virtual Network Operator Market
Published By : 23 Feb 2016 | Published By : QYRESEARCH
Mobile virtual network operator (MVNO) have been providing cellular services across the globe by using existing infrastructure of another mobile network operator (MNO). Over the past few years, there has been an increase in the number of bodies or units governing MVNO. Governing bodies have been encouraging MVNOs to minimize the cost of household communications.
Growing industry verticals of mobile virtual network operator such as M2M, media, retail, telecom, roaming, migrant, discount, and business are expected to propel the global mobile virtual network operator market in the years to come. Reseller MVNO, service operator MVNO, and full-MVNO are three of the major types of operational models subscribed by either individuals or businesses.
How has MVNO changed in recent past?
- MVNOs offer customized services to subscribers, which are tailor made as per their requirements.
- The increasing number of governing bodies has helped grow MVNOs faster.
- The number of MVNOs is rising across the globe owing to the support from the governments of various nations.
- The support received from MNOs has helped MVNOs to earn extra money and better deal with the increasing competition in the global market.
- Lately, MVNOs were able to offer enhanced services due to the support received from the 3G spectrum.
Nowadays, subscribers of mobile virtual network operator are indirectly using the operator’s network. Thus, customer acquisition has turned out to be much cheaper and easier for network operators. Lower promotional costs are predicted to propel the global mobile virtual network operator market in the next few years. Customers are trying to avail low cost calling services offered by discount mobile virtual network operators.
Going forward, migrant mobile virtual network operators are expected to gain popularity in the global market owing to customized services offered to communities from the similar ethnicity.
At present, M2M is the most promising type of mobile virtual network operator owing to high traction gained through the connectivity of devices and machines. Europe is predicted to be the fasted growing market in the global mobile virtual network operator market in the years to come. The recent entry of 4G in the global market is predicted to benefit the global mobile virtual network operator market in the next few years.
