The Mobile Virtual Network Operator market is growing steadily, with demand for affordable plans increasing.
From GlobeNewswire: 2025-05-02 10:00:00
The Mobile Virtual Network Operator (MVNO) market was valued at USD 83.2 billion in 2023 and is expected to reach USD 155.8 billion by 2032, with a CAGR of 7.24% from 2024-2032. Major players include TracFone, Lycamobile, Ting Mobile, and Boost Mobile. The U.S. MVNO market is projected to grow from USD 14.9 billion in 2023 to USD 27.3 billion by 2032, driven by demand for affordable plans and eSIM technology. Discount MVNOs dominated the market in 2023, while the M2M segment is expected to grow rapidly. Full MVNOs led the market in 2023, with reseller MVNOs set to grow the fastest by 2032. The 4G MVNO segment dominated revenue in 2023, while the 5G segment is poised for rapid growth. Prepaid MVNOs captured 71% of revenue in 2023, with the postpaid segment set for rapid growth by 2032. The Mobile Virtual Network Operator (MVNO) market is growing, with longer-term service agreements in demand for benefits like predictable billing and loyalty bonuses. Consumers dominate in 2023, driven by mobile broadband use. Enterprise growth is projected to be highest, driven by smart networks connecting devices efficiently. Europe leads the market with 44% share, while North America strengthens through alliances.
In Europe, MVNO-friendly regulations support its 44% market volume share in 2023. Positive growth is expected in countries like the UK and Germany until 2032. In North America, a USD19.1 billion market in 2023, strategic partnerships like T-Mobile’s with Mobi drive expansion. Recent ventures include Freedom Mobile’s triple-play services and T-Mobile’s personalized wireless solution.
The MVNO market segmentation includes types like Retail and Roaming, operational models like Reseller MVNO, and service types like Business and Media. Contract types include Prepaid and Postpaid MVNOs, while end-users vary between consumers and enterprises. The market is expected to see growth in various regions, with data services fueling Europe’s expansion.
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Read more at GlobeNewswire: Mobile Virtual Network Operator Market Size to Surpass USD