Overview and Scope
A virtual network operator (VNO) refers to a company that provides telecommunication services by leasing network infrastructure from other operators. It leases network infrastructure from established operators to offer telecommunication services, providing cost-effective solutions for expanding network coverage or entering new markets.
Sizing and Forecast
The virtual network operator market size has grown strongly in recent years. It will grow from $98.40 billion in 2023 to $108.33 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to increased physical network infrastructure, regulatory changes, demand for specialized telecom services, partnerships, and collaborations, and the need 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 growth in the forecast period can be attributed to the rise of industry-specific VNOs, convergence of telecom and IT services, shift towards network orchestration and automation, and expansion of wholesale and MVNO partnerships. Major trends in the forecast period include the 5G deployment and adoption, IoT integration, digital transformation initiatives, and the emergence of virtualization technologies.
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Segmentation & Regional Insights
The virtual network operator market covered in this report is segmented –
1) By Offering: Mobile virtual network operator, Fixed virtual network operator
2) By Service: Prepaid, Postpaid
3) By End-User: Consumer, Enterprise
Top 5 Major Players:
- KDDI Corporation
- DISH Network L.L.C
- PosteMobile S.p.A
- 1&1 AG
- Infobip Limited
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.
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Major Driver Impacting Market Growth
Rising mobile data usage is expected to propel the growth of the virtual network operator market going forward. Mobile data usage refers to the amount of data transmitted and received by a mobile device over a cellular network within a specific period. Demand for mobile data usage is on the rise due to several factors, including the increasing adoption of online content, the proliferation of streaming services, and the growing popularity of bandwidth-intensive applications. Virtual network operators utilize mobile data to provide wireless communication services to customers without owning the underlying network infrastructure. For instance, in November 2022, according to a report published by Telefonaktiebolaget LM Ericsson, a Sweden-based multinational networking and telecommunications company, global mobile network data traffic grew 38% between Q3 2021 and Q3 2022. Therefore, rising mobile data usage is driving the growth of the virtual network operator market.
Key Industry Players
Major companies operating in the virtual network operator market report 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.
The virtual network operator market report table of contents includes:
1. Executive Summary
2. Virtual Network Operator Market Characteristics
3. Virtual Network Operator Market Trends And Strategies
4. Virtual Network Operator Market – Macro Economic Scenario
5. Global Virtual Network Operator Market Size and Growth
….
32. Global Virtual Network Operator Market Competitive Benchmarking
33. Global Virtual Network Operator Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Virtual Network Operator Market
35. Virtual Network Operator Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Virtual Network Operator Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Virtual Network Operator Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Virtual Network Operator Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: KDDI Corporation Financial Performance
Table 75: DISH Network L.L.C. Financial Performance
Table 76: PosteMobile S.p.A. Financial Performance
Table 77: 1&1 AG Financial Performance
Table 78: Infobip Limited Financial Performance
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