European $48.76 Bn MVNO (Mobile Virtual Network Operator) Markets to 2030
DUBLIN, Jan. 17, 2022 /PRNewswire/ -- The "Europe MVNO Market Research Report - Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The European mobile virtual network operator market revenue stood at $27,748.1 million in 2020, and it is expected to surge to $48,762.8 million by 2030, registering a CAGR of 5.8% from 2020 to 2030.
The market is being propelled by the growing use of cloud-based solutions, surging penetration of mobile devices, increasing requirement for low-cost mobile services, and burgeoning demand for triple-play services in emerging economies.
Enterprises are set to become the major subscribers of MVNO services in the forthcoming years because of the huge investments being made by commercial organizations of different sizes for improving their services, via better connectivity. The demand for these services was the highest in Germany in the past, and this trend will continue in the coming years. This will be because of the existence of numerous unique mobile subscribers in the country.
The COVID-19 pandemic has slowed down the growth of the market, as the lockdowns imposed by several governments caused the closing down of companies and stores, thereby leading to a massive fall in the sales of devices and number of subscribers.
Impact of COVID-19
By Service Type
By Business Model
For more information about this report visit https://www.researchandmarkets.com/r/s1r7o1
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