The US Mobile Virtual Network Operator (MVNO) market is poised for significant growth, with an estimated value of $13.72 billion in 2024, projected to reach $16.94 billion by 2029. This reflects a compound annual growth rate (CAGR) of 4.31% over the forecast period. (Source: Mordor Intelligence Market Research)
Find out more in the MVNO Nation Forum "Realising the potential of MVNOs in the US".
MVNOs, why are they thriving?
MVNOs deliver mobile communication services by leasing access to existing networks from Mobile Network Operators (MNOs). Instead of investing in physical infrastructure like cell towers, MVNOs focus on offering tailored services that meet specific market needs.
In sectors like logistics, manufacturing, and healthcare, MVNOs are taking the lead by creating and managing private networks. This approach is particularly advantageous when considering the speed, low latency, and enhanced connectivity offered by 5G technology.
The digital transformation driving growth
Globally, the pace of digital transformation has never been faster, and the US is at the forefront of this revolution. With the surge in connected devices, increased adoption of eSIMs, machine-to-machine communication, cloud computing, IoT, and Industry 4.0, the demand for high-speed, reliable connectivity is skyrocketing.
Against this backdrop, investing in the US MVNO market is a strategic opportunity that aligns with these trends. The market’s semi-consolidated nature offers fertile ground for partnerships and the introduction of innovative products, making it an attractive prospect for both new entrants and established players.
MNOs in the US: The push to diversify
Traditional MNOs in the US face increasing challenges in maintaining competitive pricing. To stay relevant and profitable, they are looking to diversify income streams, maximise the utilisation of existing infrastructure, and meet changing consumer demands with innovative offerings. As a result, MNOs are embracing the MVNO model, recognising its potential to unlock new revenue streams while delivering value to customers.
Don't get behind. Book your place now at Lifecycle Software's presentation on 11 Dec 24 | 17:00 GMT
The MVNO market in the US is buzzing with opportunity. To help you navigate and capitalise on this momentum, we’re hosting a forum session on 11 Dec 24, 17:00 GMT. Here’s what you’ll gain:
- Why now is the ideal time to act: Explore the market trends and growing demand that make the US MVNO space ripe for investment.
- Unlock niche opportunities: Discover how to deliver tailored services to underserved market segments.
- Overcome challenges: Tackle regulatory hurdles and competitive pressures with actionable strategies.
- Innovative business models: Learn about subscription-based services, community-driven solutions, and other groundbreaking approaches reshaping the industry.
- Build partnerships that matter: Gain insights into creating strong alliances with carriers to ensure sustainable growth.
- Stay ahead of the curve: Understand the technological advancements and customer trends driving the MVNO market forward.
Join us to uncover the key to thriving in this dynamic market. Don’t miss this opportunity to gain a competitive edge in the exciting world of MVNOs in the US.