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Virtual Network Operator Market Share

  • Report ID: GMI8122
  • Published Date: Feb 2024
  • Report Format: PDF
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Virtual Network Operator Market Share

TracFone Wireless Inc. and KDDI Corporation dominate the market with an approximate 11% market share. TracFone Wireless Inc. forms agreements with stores, Internet platforms, and other distribution channels to boost the exposure & accessibility of its MVNO offers. These offers may include special offers, co-marketing campaigns, and incentives for stores to promote TracFone's services.
 

KDDI Corporation heavily investigates options to grow abroad and provide MVNO services in more countries or areas. The company tries to form alliances with local cellular carriers or arrange roaming agreements to offer clients seamless access when going overseas. The company considers targeting tourists as its major client category.
 

Virtual Network Operator Market Companies

Major players operating in the virtual network operator industry are:

  • Asahi Net
  • DISH Wireless L.L.C
  • Giffgaff
  • KDDI Corporation
  • Lebara Group BV
  • Lyca Mobile
  • Mint Mobile
  • PosteMobile
  • Rekuten Mobile
  • TracFone Wireless Inc.
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Virtual network operator market size was USD 92.2 billion in 2023 and is expected to register over 7% CAGR from 2024-2032 owing to the rising living expenses leading to many consumers seeking affordable alternatives to typical mobile network operator services worldwide.

The Mobile Virtual Network Operator (MVNO) segment held over 80% share of the virtual network operator industry in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to the increasing global deployment of e-SIM technology.

Asia Pacific held 29% share of the virtual network operator industry in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the increasing smartphone adoption, price-sensitive consumers, and growing demand for data-driven services in the region.

Asahi Net, DISH Wireless L.L.C, Giffgaff, KDDI Corporation, Lebara Group BV, Lyca Mobile, Mint Mobile, PosteMobile, and Rekuten Mobile, are some of the major virtual network operator companies worldwide.

Virtual Network Operator Market Scope

  • Virtual Network Operator Market Size
  • Virtual Network Operator Market Trends
  • Virtual Network Operator Market Analysis
  • Virtual Network Operator Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 20
    • Tables & Figures: 250
    • Countries covered: 25
    • Pages: 220
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