#US Mobile Virtual Network Operator (MVNO) Industry Report
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#US Mobile Virtual Network Operator (MVNO) Market Size#US Mobile Virtual Network Operator (MVNO) Market Share#US Mobile Virtual Network Operator (MVNO) Market Trends#US Mobile Virtual Network Operator (MVNO) Market Growth#US Mobile Virtual Network Operator (MVNO) Market Analysis#US Mobile Virtual Network Operator (MVNO) Market Forecast#US Mobile Virtual Network Operator (MVNO) Market Report#US Mobile Virtual Network Operator (MVNO) Industry Report
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The Evolving Landscape of the Mobile Virtual Network Operator (MVNO) Market
The Mobile Virtual Network Operator (MVNO) Market was valued at USD 80.2 billion in 2023-e and will surpass USD 122.3 billion by 2030; growing at a CAGR of 6.2% during 2024 - 2030.MVNOs, which lease wireless capacity from major carriers to offer their own branded mobile services, are becoming increasingly significant players in the telecommunications industry. This blog explores the current state, growth drivers, challenges, and future prospects of the MVNO market.
MVNOs have been around for a couple of decades, but their prominence has surged in recent years. They provide a compelling alternative to traditional mobile network operators (MNOs) by offering specialized services, competitive pricing, and unique value propositions. Unlike MNOs, MVNOs do not own the infrastructure they use to provide services; instead, they purchase bulk access to network services from established carriers.
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Key Drivers of Growth
Technological Advancements
The advent of 5G technology is a significant growth driver for MVNOs. With higher speeds and lower latency, 5G enables MVNOs to offer enhanced services, such as Internet of Things (IoT) solutions, smart city applications, and high-definition video streaming. Additionally, advancements in eSIM technology simplify the process for consumers to switch providers, further boosting the appeal of MVNOs.
Changing Consumer Preferences
Modern consumers are increasingly seeking flexibility, personalized services, and cost-effective solutions. MVNOs cater to these demands by offering tailored plans that can be more easily customized compared to the rigid structures of traditional MNOs. This flexibility is particularly attractive to younger, tech-savvy users and niche markets.
Regulatory Support
In many regions, regulatory bodies are promoting competition in the telecom sector by encouraging the entry of MVNOs. Policies that facilitate access to wholesale network services at reasonable rates are crucial in lowering barriers to entry and fostering a competitive market environment.
Challenges Facing MVNOs
Intense Competition
The MVNO market is highly competitive, with numerous players vying for market share. This competition can lead to thin margins, making it challenging for smaller MVNOs to sustain their operations. Larger MNOs also pose a constant threat with their extensive resources and established customer bases.
Dependence on MNOs
MVNOs rely heavily on the infrastructure and network quality of MNOs. Any issues with the parent network, such as coverage gaps or service outages, directly impact the MVNO's customers. Negotiating favorable terms with MNOs can also be a significant challenge, especially for newer or smaller MVNOs.
Customer Acquisition and Retention
Attracting and retaining customers in a crowded market requires significant investment in marketing, customer service, and value-added services. MVNOs need to continually innovate and differentiate their offerings to stay relevant and appealing to their target audiences.
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Future Prospects
Despite the challenges, the future looks promising for the MVNO market. The continuous rollout of 5G networks, along with the expansion of IoT and connected devices, presents new opportunities for MVNOs to diversify their services. Partnerships with technology companies and enterprises can also open up new revenue streams, such as providing connectivity solutions for smart devices and enterprise IoT applications.
Furthermore, the rise of digital-first and digital-only MVNOs, which operate primarily online without physical stores, is reshaping the industry. These digital MVNOs can reduce operational costs and offer seamless, app-based experiences, appealing to the growing segment of digital-native consumers.
Conclusion
The MVNO market is poised for sustained growth, driven by technological advancements, evolving consumer preferences, and supportive regulatory environments. While competition remains fierce and challenges abound, MVNOs that can effectively leverage new technologies, offer differentiated services, and maintain strong customer relationships will continue to thrive. As the telecom landscape evolves, MVNOs will play an increasingly vital role in providing innovative, flexible, and affordable mobile services to a diverse range of consumers.
#Mobile Virtual Network Operator (MVNO)#Mobile Virtual Network Operator (MVNO) Demand#Mobile Virtual Network Operator (MVNO) Growth
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MVNO Market Set to Soar: Estimated Worth of $81.42 Billion in 2024, Projected to Reach $167.7 Billion by 2034
The MVNO market is expected to be worth US$ 81.42 billion in 2024. The industry is anticipated to reach a valuation of US$ 167.7 billion by 2034, rising at a CAGR of 7.5% over the forecast period. The mobile virtual network operator industry is expanding globally due to the rising demand for personalized mobile services and competitive regulations. The rise in the Internet of Things applications with technological developments is also contributing to the market’s growth.
Mobile virtual network operators cater to new and existing clients by targeting a certain demographic, selling, and branding their wireless services separately. Cloud-based solutions, virtual conventions, and the shift by organizations toward remote work increase collaboration and connectivity, driving demand for network brands and cellular plans that facilitate secure data management and remote operation.
The MVNO market is expected to grow over the forecast period due to the rising demand for services such as cloud computing, mobile money, and machine-to-machine (M2M) transactions. The adoption of e-SIM is anticipated to expand the reach of the MVNO market. The e-SIM provides MVNO vendors with convenience and flexibility through the remote provisioning standards developed by the GSMA.
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“The telecommunication industry is evolving, leading to a rise in niche markets and innovative business models. This trend is expected to expand the mobile virtual network operator (MVNO) sector, with partnerships between MVNOs and carriers becoming more common. Technological advancements and regulatory changes are further diversifying the market, presenting opportunities for innovation and growth,” says an analyst at FMI.
Key Takeaways from the MVNO Market
The United States MVNO industry is projected to experience a sluggish CAGR of 4.4% through 2034.
Germany’s mobile virtual network operator market is expected to demonstrate a rapid CAGR of 7.0% through 2034.
The Japanese mobile virtual network operator market is anticipated to witness a promising CAGR of 8.7% through 2034.
Australia’s market showcases an impressive CAGR of 11.0% through 2034.
China’s MVNO market is expected to display a CAGR of 8.0% through 2034.
Competitive Landscape of the MVNO Market
The expansion of the MVNO market is due to the rise in innovative business models and the evolving mobile industry. With the growing demand for adaptable and personalized mobile services, partnerships between MVNOs and established carriers are likely to become more prevalent.
As 5G and other technological advancements continue to develop, generating new avenues for MVNOs to provide improved and unique services. Furthermore, regulatory changes may also impact the dynamics of the sector, promoting market expansion and competition. The MVNO market is well-positioned to continue changing and diversifying in response to changing customer needs and market trends. There are many ventures for innovation and growth in the MVNO industry.
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Key Segments
By Type:
Firstly, Business
Secondly, Discount
Next, M2M
Additionally, Media
Moreover, Migrant
Furthermore, Retail
In addition, Roaming
Lastly, Telecom
By Operational Model:
On the other hand, Brand Reseller
Conversely, Service Provider
Meanwhile, Full MVNO
By Subscribers:
To begin with, Business
In contrast, Consumer
By Region:
Primarily, North America
Subsequently, Europe
Likewise, Asia Pacific
Consequently, Middle East and Africa (MEA)
Lastly, South America
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Mobile Virtual Network Operator (MVNO) Market- Global Opportunity and Forecasts, 2023-2028
In recent years, there was a huge demand for cell phones due to the availability of better services and less expensive headsets on the European market. As a result, the Mobile Virtual Network Operator (MVNO), a profitable business model, was created. Mobile Virtual Network Operator (MVNO), which was first introduced more than ten years ago in Europe, is now a compelling fixture in the global telecom sector. The GSMA claims that MVNO is a phenomenon that has reached saturation in about one-third of the countries.
This report studies the global Mobile Virtual Network Operator (MVNO) market, analyzes and researches the Mobile Virtual Network Operator (MVNO) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
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Key Players For This Report:
Virgin Mobile USA Inc.
Xfinity Mobile
Verizon Wireless
T-Mobile US Inc.
Airvoice Wireless
Dish Wireless LLC
Republic Wireless
Google Fi
Boost Mobile
Lycamobile Mobileum
Lebara Group BV
FRiENDi Mobile
The market overview part of the report provides an insight of the market dynamics and trends, including the opportunities, drivers, and restraints that affect the industry's present and future condition. In order to provide a full study of the general competitive scenario of the MVNO market, globally, impact analyses of important trends have also been provided for each geographic location in the report. The research also gives a broad review of the various techniques employed by significant MVNO industry players.
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Key factors for Mobile Virtual Network Operator (MVNO) Market
Targeted customer segment: MVNOs that cater to a specific customer segment, such as budget-conscious consumers or niche groups, can stand out from the competition and attract loyal customers.
Strong network coverage: MVNOs that have agreements with strong network operators can provide reliable and high-quality coverage to their customers, which is an important factor for many consumers.
Competitive pricing: MVNOs that offer affordable prices and flexible pricing plans can attract price-sensitive customers who are looking for good value for money.
Value-added services: MVNOs that offer additional services, such as international roaming, mobile insurance, or customer support, can differentiate themselves from the competition and add value for customers.
Marketing and branding: MVNOs that have a strong brand and effective marketing strategies can increase awareness and build customer loyalty.
Technological innovation: MVNOs that adopt new technologies and stay ahead of the curve can offer customers cutting-edge services and remain competitive in a rapidly evolving market.
Customer service: MVNOs that provide high-quality customer support can foster customer loyalty and increase satisfaction.
Data management: MVNOs that effectively manage customer data and protect customer privacy can build trust with customers and promote long-term loyalty.
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Regional Analysis:
North America, Europe, Asia Pacific, the Middle East & Africa, and South America are the five key geographic areas that have been examined in terms of the market.
During the anticipated period, Europe is anticipated to lead the market. The market is likely to be driven by the existence of well-known telecom providers in the area. Additionally, a boom in demand is anticipated in nations like Germany, the UK, France, and Spain due to their very favourable legal frameworks. It is anticipated that programmes like Roam-Like-At-Home will encourage free roaming plans in European nations. A number of small and major businesses are concentrating on expanding in the area because there are more chances there.
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Global Mobile Virtual Network Operator (MVNO) Market Size and Trends Analysis, 2027 | VynZ Research
The Global Mobile Virtual Network Operator (MVNO) Market Research Report published by VynZ Research offers first-hand data, qualitative and quantitative analysis by industry analysts, and inputs from industry experts and stakeholders across the entire chain. The research examines current market trends, macroeconomic factors, regional analysis in-depth, as well as market attractiveness by segment.
The Global Mobile Virtual Network Operator (MVNO) Market is anticipated to be valued at USD 95.2 billion by 2027, registering a market growth rate 7.8% CAGR during the 2021-2027. The Market research offers SWOT analysis of competitors including external environment analysis and PEST analysis. Furthermore, the Market study provides business methods for dealing with COVID-19 impact on the Market.
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Segmentation Analysis:
The study report examines significant market characteristics and latest developments, as well as research about relevant market segments and sub-segments, in-depth.
Segmentation of the Global Mobile Virtual Network Operator (MVNO) Market
By Type
Discount
Media
Business
Retail
Roaming
Migrant
M2M
Telecom
By Operation Model
Reseller MVNO
Full MVNO
Service Operator MVNO
By End User
Consumer
Enterprise
Prominent Leading Companies and Regional Outlook of Global Mobile Virtual Network Operator (MVNO) Market Share Analysis
The report also covers the market's major strategic developments, such as R&D, M&A, agreements, novel product launches, collaborations, partnerships, joint ventures, and regional growth of the market's competing firms on a global and regional scale.
Furthermore, the study includes Porter's five forces analysis of the industry to understand the impact of various factors on the growth of the market, such as bargaining power of suppliers, rivalry among competitors, the threat of new entrants, threat of substitutes products or service, and bargaining power of supplier.
The major industry players across the value chain for Global MVNO Market include:
IBM Corporation
Appsee
Swrve
TUNE
Localytics
Amplitude
AppDynamics
Heap
AppsFlyer
App Annie
Taplytics
Apptentive
Kochava
MOENGAGE
CleverTap
Some of the frequently asked questions addressed in the report include:
- What are the trends and drivers impacting the Global Mobile Virtual Network Operator (MVNO) Market?
-Preparation of SWOT and PESTLE analysis of competitors in the market.
-What are the regions covered in the report and the opportunities prevalent in the region leading to the growth of the market?
-What are the segments covered in the report and the strategies adopted by Industry Players in the Report?
-What are the innovative technologies in the market that are covered and their outlook?
-What are the regulations initiated by the government so as to expand the market?
- What are some recent trends that may have an impact on the product/service and return on investment (ROI)?
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About Company:
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
#Global Mobile Virtual Network Operator (MVNO) Market#Global Mobile Virtual Network Operator (MVNO) Market size#Global Mobile Virtual Network Operator (MVNO) Market share#Global Mobile Virtual Network Operator (MVNO) Market demand#Global Mobile Virtual Network Operator (MVNO) Market outlook
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IPLOOK has become a member of GSA
IPLOOK Technologies Co., Ltd (Branded as "IPLOOK"), a global industry-leading end-to-end mobile network solution provider for decades, becomes an Associate Member of the GSA: https://gsacom.com/associate/iplook-technologies/
GSA (the Global mobile Suppliers Association) is a not-for-profit industry organization, representing companies across the worldwide mobile ecosystem who are engaged in the supply of infrastructure, semiconductors, test equipment, devices, applications and mobile support services. "5G is clearly a highly competitive market, it’s also highly collaborative,"said Joe Barrett, President, GSA. "GSA is a whole ecosystem of regulators, vendors and operators who are working together to drive global harmonisation of spectrum, innovation in networks and devices, and new use cases for 5G in both consumer and enterprise markets.” With the continuous development of telecommunications technology, the needs of human communication have been greatly fulfilled, and the next step in communications is to achieve the "Internet of Everything". As a member of the GSA,IPLOOK will work closely with other GSA members on IMT technology evolution and spectrum studies, with the devotion to build a global industrial ecosystem in the 5G era. “GSA is an internationally recognized organization in telecom industry. IPLOOK highly appreciates GSA's efforts and achievements in mobile communication technology and industrial ecosystem building. As a leading provider of mobile network solutions, IPLOOK is proud to be a part of the GSA to advance further and continue to contribute to the development of the global IMT industry.” said Dong Lyu, CEO of IPLOOK.
About GSA
GSA (the Global mobile Suppliers Association) is a not-for-profit industry organization representing companies across the worldwide mobile ecosystem, actively promoting the 3GPP technology road-map -3G; 4G; 5G - and it is a single source of information for industry reports and market intelligence. Members of GSA drive the GSA agenda and define the communications and development strategy for the Association. For more information, please visit the GSA corporate website at https://gsacom.com
About IPLOOK
Established in 2012, IPLOOK Technologies is a leading software company of 3G/4G/5G core network with flexible development, customized services and end-to-end mobile core solution. Our highly scalable and virtualized 5GC/EPC/IMS software technology can be deployed in over 30 countries worldwide, connecting over 30M subscribers, including MNO, MVNO, WISP and Private Networks. Contact us for more information or follow us on LinkedIn@IPLOOK Technologies.
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Global Mobile Virtual Network Operator (MVNO) Market to reach USD 95.2 billion by 2027 End; Asia Pacific Region to Lead the Pack
VynZ Research provides market overview of the current environment as well as the industry's future growth in the Mobile Virtual Network Operator (MVNO) market. It uses data from annual reports, product literature, industry developments, and other sources to conduct a quantitative market study. The future growth prospects of the industry are based on a rapid quantitative and qualitative assessment of data from various sources.
The Mobile Virtual Network Operator (MVNO) market is projected to reach USD 95.2 billion by 2027, witnessing a CAGR of 7.8 % during the forecast period 2021-2027.
To assist companies in developing their business plans, the research examines the major factors influencing the growth of the Mobile Virtual Network Operator (MVNO) market, also including Drivers, Constraints, Governmental Policies, Opportunities, Challenges, a Constructive Approach, and Market Economic Expansion Strategies.
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The influence of recent market disruptions such as the Russia-Ukraine war and Covid-19 on the market will be examined in this research report.
Segments Defined:
The research report divides the market into segments based on geography, by Type, by Operation Model, by End-User and by Application During the forecast period of 2021 to 2027, each category gives data on production and consumption. Understanding the segments aids in determining the importance of various market growth variables.
Market segmentation:
Insight by Type
On the basis of type, the MVNO market is segmented into discount, media, business, retail, roaming, migrant, M2M and telecom. Among these segments, M2M segment is expected to witness the fastest growth during the forecast period due to increasing cellular connectivity across the globe, and increasing adoption of connecting devices.
Insight by Operation Model
On the basis of the operation model, the mobile virtual network operator market is segmented into reseller MVNO, full MVNO and service operator MVNO. Among these segments, service operator MVNO is expected to witness the fastest growth during the forecast period as it offers immense revenue network growth opportunities for enterprises by setting tariffs independent of retail prices.
Insight by End-User
On the basis of end-user, the MVNO market is segmented into consumer and enterprise. Among these two segments, the enterprise's segment is expected to witness higher CAGR during the forecast period as these networks are operators find enterprise market lucrative due to the high compliance and long-term relationship with the enterprises.
Region and Country Specific Defined:
Thorough research of certain regions and their related countries is conducted to guarantee that the comprehensive detailing of the Mobile Virtual Network Operator (MVNO) market's footprint and sales demographics are captured with accuracy, allowing users to make the most of this data.
Competitive Scenario:
In order to obtain essential and critical industry data, the records of major market participants are analyzed. It provides vital information and status on industry players, as well as serves a useful source of advice for businesses and organizations. Porter's Five Forces analysis, SWOT analysis, PEST analysis, competitor landscape, development trends, and strategy analysis, are all covered in depth in the "Mobile Virtual Network Operator (MVNO) market" research. Major breakthroughs, developments, mergers and acquisitions, and agreements with other important organizations have all been investigated.
Top players are:
MVNO market include IBM Corporation, Appsee, Swrve, TUNE, Localytics, Amplitude, AppDynamics, Heap, AppsFlyer, Mixpanel, App Annie, Taplytics, Apptentive, Kochava, MOENGAGE, and CleverTap.
FAQ
What are the trends and market dynamics along with market size and growth rate of the Mobile Virtual Network Operator (MVNO) market during the forecast period?
What is the future impact of the Mobile Virtual Network Operator (MVNO) market and limits on the market?
What regions currently contribute the maximum share to the global market?
How the changed competitive dynamics can influence the Mobile Virtual Network Operator (MVNO) market?
Who are the industry players in the Mobile Virtual Network Operator (MVNO) market and what strategies are adopted by them to sustain in the market?
About Us: VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
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Virtual Evolved Packet Core (vEPC) Market Comprehensive Research Study, Regional Growth, Business Top Key Players Analysis
Global Virtual Evolved Packet Core (vEPC) Market report emphasizes on the detailed understanding of some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Virtual Evolved Packet Core (vEPC) Market”.
Global Virtual Evolved Packet Core (vEPC) Market research report analyzes top players in the key regions like North America, South America, Middle East and Africa, Asia and Pacific region. It delivers insight and expert analysis into key consumer trends and behavior in market place, In addition to an overview of the market data and key brands. It also provides all data with easily digestible information to guide every businessman’s future innovation and move business ahead.
Global Virtual Evolved Packet Core (vEPC) Market Segmentation Analysis:
Major Players in Virtual Evolved Packet Core (vEPC) market are: Ericsson AB ZTE Corporation Mavenir Cisco Systems, Inc. ng4T GmbH Intel Corporation NEC Corporation Huawei Technologies Co., Ltd. Nokia Corporation Affirmed Networks Most important types of Virtual Evolved Packet Core (vEPC) products covered in this report are: Cloud Premise Most widely used downstream fields of Virtual Evolved Packet Core (vEPC) market covered in this report are: LTE IoT and M2M Volte and VoWiFi BWA MPN MVNO
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Virtual Evolved Packet Core (vEPC) Market, By Geography:
The regional analysis of Virtual Evolved Packet Core (vEPC) market is studied for region such as Asia pacific, North America, Europe and Rest of the World. The North America is one of the leading region in the market due to numerous cross industry collaborations taking place between automotive original equipment manufacturers and mobile network operators (MNOs) are taking place for continuous internet connectivity inside a car to enhance the user experience of connected living, while driving. Asia-Pacific region is one of the prominent player in the market owing to large enterprises and SMEs in the region are increasingly adopting Virtual Evolved Packet Core (vEPC) solutions.
Some Points from Table of Content
Global Virtual Evolved Packet Core (vEPC) Market 2022 by Company, Regions, Type and Application, Forecast to 2030
1 Virtual Evolved Packet Core (vEPC) Introduction and Market Overview
2 Industry Chain Analysis
3 Global Virtual Evolved Packet Core (vEPC) Market, by Type
4 Virtual Evolved Packet Core (vEPC) Market, by Application
5 Global Virtual Evolved Packet Core (vEPC) Consumption, Revenue ($) by Region (2018-2022)
6 Global Virtual Evolved Packet Core (vEPC) Production by Top Regions (2018-2022)
7 Global Virtual Evolved Packet Core (vEPC) Consumption by Regions (2018-2022)
8 Competitive Landscape
9 Global Virtual Evolved Packet Core (vEPC) Market Analysis and Forecast by Type and Application
10 Virtual Evolved Packet Core (vEPC) Market Supply and Demand Forecast by Region
11 New Project Feasibility Analysis
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
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Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
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Virtualized Evolved Packet Core Market Worth $17.05 Billion by 2028 - Exclusive Report by Meticulous Research®
According to a new market research report titled, “Virtualized Evolved Packet Core Market by Component (Solution, Services), Application (LTE & VoLTE, IoT & M2M, MPN & MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises, and Others)– Global Forecast to 2028”, the virtualized evolved packet core market is expected to grow at a CAGR of 23.4% from 2021 to 2028 to reach $17.05 billion by 2028.
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Virtualized evolved packet core (vEPC) is a framework for virtualizing the functions required to converge voice and data on 4G long-term evolution (LTE) networks. vEPC enables communication service providers to reduce cost by moving core network components of the long-term evolution (LTE) network from high-cost dedicated hardware to low-cost commercial off-the-shelf (COTS) servers. Besides, virtualized evolved packet core offers several benefits such as high performance, scalability, reliability, automation, reduce network costs, and low latency delivery of real-time applications.
Several industries and organizations, including telecom players, enterprises, and network service providers, are deploying this technology worldwide on a considerable scale. Rising demand for commercialization of 5G network, IoT deployment, need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX), increasing mobile subscriber and agile network are the key factors driving the growth of the virtualized evolved packet core market. However, the growing number of security concerns across the network infrastructure and the COVID-19-induced global economic downturn are expected to pose serious challenges to the growth of the virtualized evolved packet core market.
Impact of COVID-19 on the Virtualized Evolved Packet Core Market
The COVID-19 pandemic has disrupted businesses and supply chains across the globe. The pandemic claimed millions of lives and severely affected several economies globally. Thus, several organizations' plans to incorporate virtualized evolved packet core have been delayed, negatively affecting the growth of the virtualized evolved packet core market. Delayed 5G deployments across several countries have further affected various sectors’ decisions to incorporate virtualized evolved packet core. For instance, in March 2020, 3GPP, the global association developing the 5G technology, announced a three-month delay in the timeline for completing 5G specifications due to COVID-19. Furthermore, India, a major market for 5G in Asia, has also canceled the auction of the 5G spectrum in June 2020 due to the pandemic and postponed it to 2021. Such delayed releases have slowed down the commercial development of virtual evolved packet core solutions and 5G deployments.
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However, several major players operating in the virtualized evolved packet core market are focused on bringing the market back on track. Companies are introducing new and affordable packages for several end-use verticals to attract new customers. Besides, stimulus packages announced by local governments across the world are also expected to help industries recover from this economic downturn. Virtualized evolved packet core plays a significant role in telecom sectors. The technology facilitates IoT, M2M, wireless broadband, and automation and LTE-advanced (LTE-A) networks. Such applications have helped the virtualized evolved packet core market sustain during the COVID-19 crisis.
Key Findings in Virtualized Evolved Packet Core Market
The virtualized evolved packet core market is segmented on the basis of component (solutions and services), application (LTE, VoLTE, IoT & M2M, and MPN & MVNO), deployment mode (On-premise and cloud-based), end user (telecom, enterprises, and others), and geography. The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the solutions segment is expected to emerge as the largest segment in the overall virtualized evolved packet core market in 2021. The large share of this segment is mainly attributed to the increasing need to reduce OPEX and CAPEX, growing mobile data traffic volume, rising demand for high-speed and large network coverage, and the growing use of network virtualization. Also, the benefits of virtualized evolved packet core technology, such as enhanced business agility, flexibility, scalability, automation, reduce network costs, and low-latency delivery of real-time applications, further augment the growth of this segment. However, the services segment is expected to record the fastest growth over the forecast period due to the wide adoption of vEPC services across the telecom sector.
Based on the deployment mode, the virtualized evolved packet core market is segmented into on-premise and cloud-based. In 2021, the on-premise segment is expected to command the largest share of the overall virtualized evolved packet core market due to greater control over virtualized evolved packet core network infrastructure offered by on-premise solutions. On the other hand, the cloud-based segment is expected to grow at the highest CAGR during the forecast period. The growing sophistication in cloud deployments, increasing use of cloud networks, and superior flexibility are the key factors driving the growth of this segment.
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Based on application, the MPN and MVNO segment is expected to command the largest share of the overall virtualized evolved packet core market in 2021. The large share of this segment is mainly attributed to the rising penetration of mobile devices and demand for low-cost mobile services, increasing demand for high-speed internet connectivity, and the rising demand for improved voice, video, and mobile internet. However, the IoT and M2M segment is expected to record the fastest growth over the forecast period.
Geographically, the North American region is expected to command the largest share of the global virtualized evolved packet core market in 2021. The presence of prominent players offering advanced virtualized evolved packet core solutions and services to various sectors in the region, is one of the major factors driving the growth of this regional segment. The vEPC market growth is attributed to the expansion of LTE and LTE-advanced (LTE-A) networks in the region. Telecom operators in the region are rolling out new applications, such as IoT, M2M, and wireless broadbands, using vEPC solutions on their networks. Furthermore, favorable government initiatives across the region and investments by major virtualized evolved packet core companies are further accelerating the growth of this regional segment.
However, Asia-Pacific region is expected to witness rapid growth during the forecast period. The region is transforming dynamically with respect to the adoption of new technologies across various sectors. The infrastructural growth in APAC, especially in China, South Korea, Australia, Singapore, Japan, and India, and the increasing deployment of 4G and 5G networks present huge opportunities for implementing vEPC solutions.
The report also includes an extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past four years. The virtualized evolved packet core market has witnessed several product launches in recent years. For instance, in October 2020, Samsung Electronics. Co. Ltd., launched its Compact Core Solution, which helps enable the swift deployment and efficient operation of private 4G and 5G networks for enterprises.
The global virtualized evolved packet core market is consolidated and dominated by few major players, namely ZTE Corporation (China), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson SE (Sweden), Affirmed Networks, Inc. (U.S.), Mavenir Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Samsung Electronics Co, Ltd. (South Korea), Tecore Inc. (U.S.), Nokia Corporation (Finland), Parallel Wireless, Inc. (U.S.), F5 Networks, Inc. (U.S.), NEC Corporation (Japan), IPLOOK Technologies Co Ltd (China), Polaris Networks (U.S.), Athonet SRL (Italy), LEMKO Corporation (U.S.), Metaswitch Networks (U.K.), and Intel Corporation (U.S.) among others.
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Scope of the Report
Virtualized Evolved Packet Core Market, by Component
Solutions
Services
Mobility Management Entity (MME)
Home Subscriber Server (HSS)
Serving Gateway (SGW)
Packet Data Network Gateway (PDNGW)
Policy and Changing Rule Function
Professional Services
Managed Services
Consulting services
System Integration Services
Training and Support Services
Virtualized Evolved Packet Core Market, by Application
MPN and MVNO
IoT and M2M
LTE and VoLTE
Virtualized Evolved Packet Core Market, by Deployment Mode
On-premise
Cloud-based
Virtualized Evolved Packet Core Market, by End User
Telecom Companies
Enterprises
Other End Users
Financial Services
Travel & Consumers
IT & Software
Media & Entertainment
Healthcare
Other Enterprises
Virtualized Evolved Packet Core Market, by Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
U.S.
Canada
U.K.
Germany
France
Italy
Spain
Netherlands
Norway
Sweden
Rest of Europe
China
South Korea
Japan
India
Malaysia
Singapore
Australia and New Zealand
Rest of Asia-Pacific
Brazil
Mexico
Rest of Latin America
Saudi Arabia
UAE
Israel
Rest of MEA
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Mobile Virtual Network Operator Market Is Estimated To Value $109.9 Billion By 2027
The global mobile virtual network operator market size is expected to reach USD 109.9 billion by 2027, registering a CAGR of 7.6% from 2020 to 2027, according to a new report by Grand View Research, Inc. The growing demand for data services and increasing number of mobile users across the globe is expected to drive the market. In addition, the increasing number of services such as cloud, Machine to Machine (M2M), and mobile money are further expected to drive demand for mobile virtual network operators over the forecast period.
The growing demand to access mobile applications, social media, and multimedia services is further expected to propel the growth of the market over the forecast period. The declining prices of smartphones are contributing to the accelerating subscriber penetration across the globe is expected to fuel the growth of the market. Furthermore, increasing partnerships formed by key players for providing high-speed data services to consumers is anticipated to drive market growth over the forecast period.
Favorable government guidelines for mobile virtual network operators (MVNOs) allow them to access the Single Wholesale Network (SWN) and the mobile operator networks, as well as eliminate national roaming charges. This is expected to drive the growth of the market over the forecast period. The increasing government initiatives, such as the Digital Single Market (DSM) strategy, to eliminate copyright issues and geo-blocking problem and to provide better network service access for consumers in the Europe is expected to drive growth of the market over the forecast period.
The presence of a large number of players in the MVNO market has led to increased competition among service providers. This has led companies to offer mobile services at cheaper rates, which is expected to strengthen the market growth. The mobile virtual network operator model is considered cost-effective and time-efficient to enter in the telecom market to benefit the customers. This is expected to provide potential opportunities for new entrant in the market over the next eight years.
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Mobile Virtual Network Operator Market Report Highlights
The discount segment is expected to register phenomenal growth over the next eight years. High competition among mobile virtual network operator service providers to provide better and low-cost services coupled with the growing consumer preference for services offered at a discount is expected to drive the demand for the discount segment
The service operator segment is expected to witness the fastest CAGR over the forecast period as it provides various service platforms such as voicemail and missed call notification
The consumer segment is projected maintain its dominance over the next eight years. This growth can be attributed to mobile virtual network operators that provide customer centric offerings such affordable data and voice plans and latest technology
Asia Pacific is expected to emerge as the fastest-growing regional mobile virtual network operator market over the forecast period. The growing demand for an efficient cellular network coupled with increasing speed of mobile broadband are expected to propel the growth of the market in Asia Pacific region.
Key industry participants in the market include Lebara Group; Lyca Mobile; TalkTalk Group; Giffgaff; Poste Mobile SpA; Virgin Mobile; and TracFone Wireless Inc.
Mobile Virtual Network Operator Market Segmentation
Grand View Research has segmented the global mobile virtual network operator market on the basis of type, operational model, end use, and region:
MVNO Type Outlook (Revenue, USD Billion, 2016 - 2027)
Business
Discount
M2M
Media
Migrant
Retail
Roaming
Telecom
MVNO Operational Model Outlook (Revenue, USD Billion, 2016 - 2027)
Full MVNO
Reseller MVNO
Service Provider MVNO
MVNO End-use Outlook (Revenue, USD Billion, 2016 - 2027)
Consumer
Enterprise
MVNO Regional Outlook (Volume, Million Subscribers; Revenue, USD Billion, 2016 - 2027)
North America
Europe
Asia Pacific
Latin America
MEA
U.S.
Canada
Germany
Netherlands
Italy
U.K.
Spain
France
Australia
Japan
Singapore
Hong Kong
Malaysia
Colombia
Brazil
Mexico
Middle East
Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Mobile Virtual Network Operator (MVNO) Market Top Players Financial Performance and Strategic Initiatives, 2025
The global Mobile Virtual Network Operator (MVNO) Market is expected to display a higher growth rate over the next seven years. The rapid surge in the mobile virtual network operators industry is credited to increasing demand for data and value-added services such as live streaming and mobile commerce-based services. In addition, rising smartphone penetration worldwide and increasing mobile subscriber base are projected to foster the growth of the mobile virtual network operator market over the forecast period.
Globally, the mobile virtual network operator (MVNO) industry is predicted to generate massive revenue over the next seven years, providing numerous opportunities for market players to invest in research and development in the market.
Mobile virtual network operators are responsible for catering to various customer demands by providing them with high-speed and cost-effective services. Mobile virtual network operators do not own the telecom infrastructure or license to use radio frequencies. These factors are expected to boost market growth over the forecast period. However, the presence of several market players and the introduction of cost-cutting services in the market is anticipated to limit industry growth to a certain extent.
The development of advanced network services such as machine-to-machine (M2M) transactions and mobile money is projected to propel market growth over the coming years. The recent technological advancements in the telecom sector and integration of various cloud services are estimated to fuel the market demand over the next few years. The introduction of cost-efficient mobility options such as lifestyle, entertainment, and productivity to increase revenue generation are key market trends in the past few years.
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The MVNO market is broadly categorized into three major segments based on the operational model type such as full MVNO, reseller MVNO and service operator MVNO. The full MVNO segment is growing rapidly in the mobile virtual network operator industry with substantial revenue generation in the last few years. The growing popularity of the full MVNO segment is attributed to the increasing number of regulatory interventions to comprehend market barriers for new market entrants and the rising adoption of strategic decisions undertaken by MNOs. The service operator MVNO segment has also witnessed substantial growth owing to the development of sub-brands and an increase in network utilization across the globe.
The mobile virtual network operators market is divided by region as North America, Europe, Asia-Pacific, Latin America, and Africa. North America has shown major growth in recent years owing to the rise in the implementation of the latest technologies in the telecommunication sector, modernization of existing telecommunication infrastructure, the surge in several research & development activities in the region, and the existence of well-established telecom infrastructure.
Asia-Pacific region is estimated to hold a major market share in the mobile virtual network operators with massive growth in the forecast period. Countries such as India, Vietnam, Myanmar, China, and Singapore are leading the Asia-Pacific market with strong economic growth, development of remote management of vending machines, online gaming and surveillance services, rising disposable income, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the MVNO industry are Lebara Group B.V., Lyca Mobile Group, TalkMob Co., Giffgaff Inc., Poste Mobile Corp., CITIC Telecom International Holding Ltd., Telefonica S.A., Verizon Communications Inc., Virgin Mobile LLC, and Tracfone Wireless, Inc.
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Precision Agriculture Market Research Report
Global Precision Agriculture Market Share, Size, Trends Analysis Report
The GMI Research predicts that the Precision Agriculture Market will witness an expansion in demand over the forecast period. This is attributed to their soaring implementation of yield administration to apprehend variability of field, interpret data to make enhanced decisions, and the increasing endorsement of sophisticated farming systems.
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Introduction of the Precision Agriculture Market:
Precision agriculture, also called satellite farming, refers to a concept of farming management that measures, observes, and reciprocates to inter and intra-filed changeability in crops. Its prime purpose is to offer a support system for decision-making to oversee the operations of farms while intensifying returns on inputs and conserve resources. The precision agriculture solution, such as weather tracking and mobile predicting applications succour farmers to frame their farming activities as per the varying environmental conditions.
Key Market Players:
Bayer CropScience AG
Deere & Company
Farmers Edge Inc.
AgSense LLC
Topcon Corporation
Case IH Agriculture
Monsanto Company
Fairport Farm Software
Raven Industries
Trimble Navigation Limited
Precision Agriculture Market Dynamics
The augmenting requirement for optimized production with scarce resources along with the surging food demand throughout the world are the key factors proliferating the growth of the global precision agriculture market. In addition, the rigorous alteration in the climatic conditions because of the increasing global warming is encouraging the endorsement of these solutions to reduce the chances of crop damage is further strengthening the precision agriculture market growth. Moreover, leading market producers are increasingly concentrating on technological innovations, such as the initiation of real-time farm supervision systems and weather predicting systems. Further, this technological development is assisting farmers in controlling their resources and offering ingression to real-time information with the help of smartphones, thereby proffering enhanced motility and convenience of functions to the farmers. On the other edge, the insufficient consciousness among the farmers concerned with the advantageous features related to precision agricultural solutions is speculated to hinder the precision agriculture market size.
Technology Segment Drivers
Based on the technology, the precision agriculture market can be subdivided into Guidance, Remote Sensing and Variable-Rate Technology. Amongst all of this, Guidance Technology is contemplated to witness a higher rate of growth over the forecast period. This is because of the early endorsement of this technology by growers throughout the nation. Further, the Guidance Technology is bifurcated into GIS-based Guidance Technology and GPS/GNSS-Based Guidance Technology. In which, The Global positioning system (GPS) segment is fuelling at a higher compound annual growth rate in the near future. This is because of the accelerating implementation of novel and sophisticated devices for precision farming. Moreover, the application of GPS technology assisted farmers in reducing the creasing of tools and tractor passing, which further retains the labour cost, fuel, time, and soil condensing, thereby energizing the precision agriculture market opportunities.
Component Segment Drivers
In accordance with the component, the market is dismembered into Software, Hardware, and Services. The Hardware segment is projected to dominate the market and sustain its dominance over the coming years. As per the precision agriculture market report, the excessive application of mechanization and control devices, such as irrigation controllers, drones, yield supervision systems, and sensors are impelling the market growth.
Regional Drivers
On the basis of geographical coverage, the North American region is predicted to capture a notable portion of the market during the forecast period. Enormous countries like the United States of America and Canada are adjudged to be the primary acquirers of precision farming technologies across the North American region, which is thereby stimulating the market growth. Besides this, the farmers in this area are increasingly acquiring sophisticated farming systems and tools, which include display devices, sensors, and other management software, to assist them in bolstering the production volume of their return. Thus, the combination of all these factors is likely to bring enormous growth opportunities for the market.
Precision Agriculture Market Segmentation: Segmentation by Technology
Guidance Technology
GPS/GNSS-Based Guidance Technology
GIS-based Guidance Technology
Remote Sensing Technology
Handheld or Ground-based Sensing
Satellite or Aerial Sensing
Variable-Rate Technology
Map-based VRT
Sensor-based VRT
Segmentation by Application
Yield Monitoring
Crop Scouting
Field Mapping
Variable Rate Application
Precision Irrigation
Precision Seeding
Precision Fertilization
Pesticide VRA
Weather Tracking & Forecasting
Inventory Management
Farm Labor Management
Financial Management
Others
Nitrogen VRA
Phosphorous VRA
Lime VRA
Segmentation by Offering
Hardware
Automation and Control Systems
Displays
Guidance and Steering Systems
GPS/GNSS Devices
Drones/UAVs
Irrigation controllers
Handheld Mobile Devices/Handheld Computers
Flow & Application Control Devices
Others
Sensing and Monitoring Devices
Yield Monitors
Soil Sensors
Moisture Sensors
Temperature Sensors
Nutrient Sensors
Water Sensors
Climate Sensors
Software
Local/Web Based
Cloud Based
Services
System Integration and Consulting Services
Managed Services
Connectivity Services
Assisted Professional Services
Maintenance and Support Services
Segmentation by Region:
Europe
North America
Asia Pacific
RoW
United Kingdom
Germany
France
Spain
Rest of Europe
United States of America
Canada
China
Japan
India
Rest of APAC
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
The market research and consulting enterprise proffers business perception and market research reports for various industries, including small, medium enterprises as well as large companies. The research team of GMI organisation and industry experts carry out market intelligence studies to certify and ensure that all material and factual information passes to extensive range of sectors which include Technology, FMCG, Healthcare, and Energy. The expertise team accumulates all the required information about the industry applying internal as well as external databases. The prime concentration of our team is to acknowledge clients with all the prospective circumstances and difficulties faced by different industrial verticals. Also, our by fits and starts support through vital and consultative services assist clients grasp a directorial and legislative decision. The research organisation got spotlighted in the list of Silicon Magazine as one of the most foremost market
Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com
For More Info:
MOBILE VIRTUAL NETWORK OPERATOR (MVNO) MARKET
Blockchain in Energy Market
Contract Research Organization Services (CROs) Market
Cloud Billing Market
Cloud Radio Access Network (C-RAN) Market
Security as a Service Market
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MVNO Market's Role in Shaping Telecom Industry Trends
The MVNO market is expected to grow to US$ 147.7 billion by 2032 from its 2022 valuation of US$ 70.3 billion. By 2032, the MVNO industry was expected to be valued USD 64.8 billion, with a CAGR of 7.7%. For MVNOs, new technical enablers like e-Sim, AI, ML, and edge computing are expanding their options.
The MVNO market is well-established in industrialised countries, and as emerging economies develop, its importance is projected to grow. Due to the predominance of MVNOs in both developed and developing countries’ markets for low-cost cellular services, MVNO market competition has recently moved away from pricing and towards value-added services and product differentiation.
A mobile virtual network operator (MVNO) is a wireless communication service provider that leases network services from one or more mobile network operators rather than owning the wireless network infrastructure (MNOs). To attract customers, MVNOs target certain market niches and offer tailored plans, services, and prices.
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The increasing adoption of mobile devices is propelling MVNO market growth. Over the projection period, an increasing variety of services such as cloud, Machine to Machine (M2M) transactions, and mobile money are predicted to boost demand for mobile virtual network providers. The COVID-19 pandemic is likely to increase the need for agile and flexible work methods, as well as the use of communication systems that improve work-life balance in the MVNO market.
In the middle of the COVID-19 pandemic, telecom officials in the MVNO market have postponed their intentions for a 5G spectrum auction. Among MVNOs, this is the major and most focused segment. The increasing numbers of single mobile customers, as well as the increasing penetration of mobile in emerging nations, are the key reasons driving MVNO market development.
Key Takeaways
In the type sector, the discount segment from the MVNO market is anticipated to flourish at the quickest CAGR of 7.8%.
With a CAGR of 7.3%, the consumer is predicted to grow significantly in the subscribers sector of the MVNO market.
The market size for MVNO in the United States is expected to reach US$ 27.6 Billion by 2032, growing at a CAGR of 7.1% during the research period.
United Kingdom is expected to reach a market size of US$ 14.2 Billion in MVNO by 2032, with a CAGR of 7.1% during the research period.
China’s MVNO market is expected to be worth US$ 16.6 Billion by 2032, with a CAGR of 9.6% over the forecast period.
Japan is expected to have a market size for MVNO of US$ 13.3 Billion by 2032, with a CAGR of 9.7% during the research period.
By 2032, Brazil is expected to reach a market size of US$ 748.4 Million in MVNO, with a CAGR of 6.7% during the research period.
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Competitive Landscape
The key MVNO market players such as Virgin Media Business (UK), DataXoom (US), Lebara (UK), KDDI (Japan), Asahi Net (Japan), Virgin Mobile USA (US), TracFone Wireless (US), Boost Mobile (Australia), Lycamobile (UK), Tesco Mobile (UK), PosteMobile (Italy), Airvoice Wireless (US), Asda Mobile (UK), Giffgaff (UK), Kajeet (US), Voice (US).
MVNO market players are also pursuing numerous strategic initiatives, such as collaborations, mergers and acquisitions, and partnering with other organisations to acquire a competitive advantage and provide better services to their clients. For example, in April 2019, FRiENDi mobile, a subsidiary of Virgin Mobile Middle East and Africa, and Ooredoo Oman signed a long-term deal to provide mobile services to FRiENDi mobile customers over Ooredoo’s 4G Supernet network.
Key Segments
By Type:
Business
Discount
M2M
Media
Migrant
Retail
Roaming
Telecom
By Operational Model:
Brand Reseller
Service Provider
Full MVNO
By Subscribers:
Business
Consumer
By Region:
North America
Europe
Asia Pacific
Middle East and Africa (MEA)
South America
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Virtualized Evolved Packet Core (vEPC) Market Global Size Overview, Growth Drivers, Industry Share and Forecast to 2027
Market Highlights
Market Research Future (MRFR) has revealed in its latest study that the global Virtualized Evolved Packet Core Market is set to proliferate exponentially at 51.7% CAGR during the forecast period 2018 to 2023. The vEPC market is projected to reach a valuation of USD 11568.8 Mn by 2023-end up from USD 1020.05 Mn in 2017. The strong value maintained by the telecommunications sector has paved the way for the adoption of virtualized evolved packet core technology.
The evolution of mobile communication from First Generation (1G) to the currently dominated Fourth Generation (4G) enabled devices has intensified the need for providing access network functions. It has heightened the need for increasing the capacity and coverage of the communication, which is poised to encourage revenue creation for the vEPC market players. The embracement of virtualized evolved packet core technology ensures cost efficiency and a reduction in capital expenditure (Capex) and operational expenditure (Opex). This, in turn, is projected to accelerate market proliferation over the next couple of years. Additionally, the technology offers better customer experience and improved network management. It is anticipated to catapult the market on an upward trajectory. The growth of the market can be ascribed to the increasing demand for LTE communication, penetration of smartphones, etc. The advancement in technologies such as 5G, IoT, and M2M have opened avenues of growth opportunities for the market players.
Global Market for Virtualized Evolved Packet Core-Competitive Dashboard:
Some of the key players profiled by MRFR in the report are Nokia Corporation (Finland), Cisco System Inc. (US), Ericsson AB (Sweden), Samsung Electronics (South Korea), Huawei Technologies Co. Ltd (China), NEC Corporation (Japan), ZTE Corporation (China), Mitel Networks Corporation (US), Affirmed Networks (US), and Athonet S.R.L. (Italy).
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Global Market for Virtualized Evolved Packet Core-Segmental Analysis:
MRFR’s report offers a detailed segmental analysis of the market based on component, deployment, use case, and end-user. By component, the vEPC market has been segmented into solution and services. The solutions segment has been further sub-segmented into Mobility Management Entity (MME), Home Subscriber Server (HSS), Server Gateway (SGW), Packet Data Network Gateway (PDN GW), and others Among these, the services segment is anticipated to garner massive traction over the forecast period. The growth can be ascribed to the rising testing and commercialization of 5G-ready solutions.
By deployment, the market has been segmented into on-premise and on-cloud. Among these, the on-premise segment currently holds the most substantial share of the market. It is likely to remain highly lucrative market through the assessment period. Meanwhile, the on-cloud segment is estimated to register a relatively higher CAGR of 60.3% over 2023.
By use case, the market has been segmented into broadband wireless access (BWA), LTE & VoLTE, IoT & M2M, and MNO & MVNO. Among these, the IoT & M2M segment is projected to account for the largest share of the market throughout the forecast period reaching a valuation of USD 3798.1 Mn by 2023.
By end-user, the market has been segmented into telecom operator and enterprises. The telecom operator segment gained 70.9% share of the market in 2017 and is expected to thrive exponentially over the review period. Meanwhile, the enterprises segment is poised to thrive at a relatively higher pace and reach a valuation of USD 4094 Mn towards the end of 2023.
Regional Outlook:
On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America held the most significant share of the market in 2017 which accounted for 48% share. The region is likely to retain its prominence in the foreseeable future. The presence of major technological players coupled with robust infrastructure has augured well for the market operators participating in the competitive landscape of North America. Europe held the second most significant share of the market in 2017 which is estimated to be around 27% share. The region is expected to resonate strong growth opportunities over the next couple of years. Asia Pacific is projected to register a relatively higher CAGR during the forecast period. The growth is attributable to the catalyzed investments by telecom operators in emerging markets such as China, Japan, etc. Other factors favoring the growth of the virtualized evolved packet core market in Asia Pacific are reduced network complexity, internet penetration, reduced cost of smart devices, etc.
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Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 List Of Assumptions 17
2.4 Market Structure 17
3 Market Insights
4 Research Methodology
4.1 Research Process 22
4.2 Primary Research 23
4.3 Secondary Research 24
4.4 Market Size Estimation 24
4.5 Forecast Model 25
....
13 Company Profile
13.1 Nokia Corporation 94
13.1.1 Company Overview 94
13.1.2 Financial Performance 94
13.1.3 Products/Services/Solutions Offerings 95
13.1.4 Key Developments 95
13.1.5 SWOT Analysis 95
13.1.6 Key Strategy 96
13.2 Cisco System Inc., 97
13.2.1 Company Overview 97
13.2.2 Financial Performance 97
13.2.3 Products/Services/Solutions Offerings 98
13.2.4 Key Developments 98
13.2.5 SWOT Analysis 99
13.2.6 Key Strategies 99
13.3 Huawei Technologies Co. Ltd 100
13.4 NEC Corporation 103
13.5 Ericsson 106
13.6 Samsung Electronics 109
13.7 ZTE Corporation 112
...
About Market Research Future:
At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact
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Maharashtra, India
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Global eDiscovery Market Size, Share, Demand, Trends and Growth Forecast to 2027
The Global eDiscovery Market Research Report published by VynZ Research offers first-hand data, qualitative and quantitative analysis by industry analysts, and inputs from industry experts and stakeholders across the entire chain. The research examines current market trends, macroeconomic factors, regional analysis in-depth, as well as market attractiveness by segment.
The Global eDiscovery Market is anticipated to be valued at USD 22.8 billion by 2027, registering a market growth rate 10.5% CAGR during the 2021-2027. The Market research offers SWOT analysis of competitors including external environment analysis and PEST analysis. Furthermore, the Market study provides business methods for dealing with COVID-19 impact on the Market.
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Segmentation Analysis:
The study report examines significant market characteristics and latest developments, as well as research about relevant market segments and sub-segments, in-depth.
Segmentation of the Global eDiscovery Market
By Solution
Data Processing
Legal Hold
Data Production
Early Case Assessment
Technology Assisted Review
By Component
Managed
Professional
By Deployment Type
Cloud-Based
Hybrid
On-Premise
By Vertical
BFSI
Government
Energy & Utilities
IT & Telecom
Legal
Media & Entertainment
Healthcare
Prominent Leading Companies and Regional Outlook of Global eDiscovery Market Share Analysis
The report also covers the market's major strategic developments, such as R&D, M&A, agreements, novel product launches, collaborations, partnerships, joint ventures, and regional growth of the market's competing firms on a global and regional scale.
Furthermore, the study includes Porter's five forces analysis of the industry to understand the impact of various factors on the growth of the market, such as bargaining power of suppliers, rivalry among competitors, the threat of new entrants, threat of substitutes products or service, and bargaining power of supplier.
The major industry players across the value chain for Global eDiscovery Market include:
KrolLDiscovery LLC
AccessData Group LLC
Guidance Software, Inc
LexisNexis Group
Dell EMC
FTI Technology LLC
Microsoft Corporation
Symantec Corporation
IBM Corporation
Conduent Inc.
Relativity
Some of the frequently asked questions addressed in the report include:
- What are the trends and drivers impacting the Global eDiscovery Market?
-Preparation of SWOT and PESTLE analysis of competitors in the market.
-What are the regions covered in the report and the opportunities prevalent in the region leading to the growth of the market?
-What are the segments covered in the report and the strategies adopted by Industry Players in the Report?
-What are the innovative technologies in the market that are covered and their outlook?
-What are the regulations initiated by the government so as to expand the market?
- What are some recent trends that may have an impact on the product/service and return on investment (ROI)?
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IPLOOK keeps exploring the path of Open RAN with industry organizations
Open Radio Access Network (Open RAN) is a new type of network architecture, which consists of diverse hardware and software systems operated by opened and interoperable network interfaces. Nowadays, Open RAN becomes an increasingly popular trend in telecom industry. Although there are still many uncertainties, one thing can be sure is that Open RAN provides a potential and developing market with high profit for operators and enterprises, which creates more business opportunities and developing possibilities for them. The reason why Open RAN becomes a popular trend is that both operators and enterprises need more flexible solution to meet the increasing requirement of new business because of the rapid evolution of network. Open RAN technology can perfectly help to solve this problem and handle professional tasks efficiently. However, although Open RAN is still in a preliminary stage with high potentiality, it still has many challenges needed to be overcame. Playing significant and influential roles in telecom industry, O-RAN Alliance, Telecom Infra Project (TIP), the 3rd Generation Partnership Project (3GPP) and other industry organizations dedicated in promoting the development of Open RAN by supporting different telecommunication projects and providing their advanced platform. About O-RAN Alliance O-RAN ALLIANCE has become a world-wide community of mobile network operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. O-RAN ALLIANCE’ s mission is to re-shape the RAN industry towards more intelligent, common, open, virtualized and fully interoperable mobile networks, which helps to lower the cost and attract more enterprises. About TIP Formed in 2016 as an engineering-focused, collaborative methodology for building and deploying global telecom network infrastructure, with the goal of enabling global access for all. About 3GPP The 3rd Generation Partnership Project (3GPP) unites telecommunications standard development organizations (ARIB, ATIS, CCSA, ETSI, TSDSI, TTA, TTC), known as “Organizational Partners” and provides their members with a stable environment to produce the reports and specifications that define 3GPP technologies. IPLOOK--Member of 3GPP, O-RAN and TIP
IPLOOK--Member of 3GPP, O-RAN and TIP As a professional end-to-end mobile core network provider, IPLOOK has the responsibility to make contribution to the telecom industry. IPLOOK would like to devote to promoting Open RAN with industry organizations and exerting the maximum power, cooperating together with industrial partners to help innovate and deploy more cost-effective, open-source, intelligent and scalable Open RAN solution with high flexibility. Therefore, IPLOOK joined professional industry organizations such as O-RAN Alliance, Telecom Infra Project (TIP), the 3rd Generation Partnership Project (3GPP). To support the development of OpenRAN, IPLOOK enables all base stations from diverse suppliers involved in our end-to-end core network solution. We would also keep on learning innovative and advancing wireless technologies. Hope to help to develop Open RAN with all our efforts. In general, open network architecture is the essential characteristic of the future network evolution. All we should do is to actively respond to this tendency with our practical action, facilitating the further development of Open RAN together. About IPLOOK Devoted to exploring new path and wider area in telecom field, IPLOOK keep learning and innovating new products. IPLOOK can provide highly scalable, virtualized and cost effective end-to-end 3G/4G/5G mobile core network (EPC, 5GC) which can be deployed for MNO, MVNO, WISP and Private Networks. We also support customized services based on specific requirements from our global customers. If you are interested about the cooperation with IPLOOK to explore more possibilities, contact us!
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