IoT 가상이동통신망사업자 시장 예측(-2030년) : 도입별, 운영 모델별, 가입자별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global IoT Mobile Virtual Network Operator Market is accounted for $66.4 billion in 2023 and is expected to reach $119.5 billion by 2030 growing at a CAGR of 8.7% during the forecast period. IoT MVNOs lease network infrastructure from traditional mobile operators and provide tailored IoT connectivity services to a wide range of IoT devices, such as smart sensors, wearable tech, and industrial machines. Their advantages lie in offering cost-effective, scalable, and customized IoT connectivity solutions, ensuring reliable data transmission, and enabling businesses to efficiently manage and analyze IoT data for improved operational efficiency and decision-making.

According to GSMA, there will be 807 million 5G connections by 2025. China is expected to account for the most significant number of 5G connections globally in 2025.

Market Dynamics:

Driver:

Rising demand for efficient cellular networks

As the IoT ecosystem continues to expand rapidly, there is a heightened need for reliable, high-capacity networks to support the massive influx of IoT devices. MVNOs play a crucial role by optimizing and tailoring cellular connectivity for IoT applications, ensuring efficient data transmission and reducing congestion on traditional networks. This demand for dedicated IoT connectivity solutions drives the growth of the MVNO market, offering businesses and industries the opportunity to harness the full potential of IoT technology by delivering seamless, scalable, and efficient connectivity services.

Restraint:

Lack of interoperability of solutions

IoT devices and platforms from various manufacturers often use different communication protocols and standards, making it challenging for MVNOs to offer seamless connectivity across diverse ecosystems. This lack of interoperability can lead to compatibility issues, increased complexity, and higher integration costs for businesses seeking to adopt IoT solutions. It not only hampers the ease of IoT deployment but also limits the scalability and efficiency of MVNO services, posing a barrier to widespread IoT adoption and potentially limiting market growth.

Opportunity:

Increasing mobile network subscribers and the growing penetration of mobile devices

As more people and organizations connect their devices and systems to mobile networks, the demand for IoT connectivity services provided by MVNOs surges. This trend opens up avenues for MVNOs to expand their customer base and revenue streams. With a growing pool of potential clients, MVNOs can capitalize on this opportunity by offering specialized, reliable, and cost-effective IoT connectivity solutions, catering to the diverse needs of industries ranging from healthcare and agriculture to logistics and smart cities.

Threat:

Rapid increase in deployment costs

Building and maintaining specialized IoT networks can be expensive, especially as the number of IoT devices continues to grow. These costs include infrastructure setup, spectrum licensing, and ongoing maintenance expenses. If MVNOs cannot manage or absorb these rising costs, it may lead to higher service charges for their clients, reducing the cost-effectiveness of IoT connectivity solutions. Additionally, it could deter potential businesses from entering the market or force existing players to scale down their services, hindering the market's growth and innovation potential.

COVID-19 Impact:

The COVID-19 pandemic has had a dual impact on the IoT Mobile Virtual Network Operator (MVNO) market. Initially, it disrupted supply chains, delaying the deployment of IoT devices and infrastructure. However, it also accelerated the adoption of IoT solutions in various industries, such as healthcare, remote monitoring, and supply chain management, to address pandemic-related challenges. As a result, the MVNO market saw increased demand for IoT connectivity services. With businesses prioritizing digital transformation and resilience, the pandemic underscored the importance of IoT, offering opportunities for MVNOs to provide essential connectivity solutions while also highlighting the need for agility and adaptability in a rapidly changing market landscape.

The manufacturing segment is expected to be the largest during the forecast period

The Manufacturing segment is expected to have a lucrative growth. Manufacturing in the IoT Mobile Virtual Network Operator (MVNO) market pertains to the industrial sector's adoption of IoT connectivity for enhanced operational efficiency and automation. Manufacturing companies deploy IoT devices and solutions to monitor equipment, track inventory, optimize production processes, and ensure quality control. MVNOs play a crucial role by offering dedicated, low-latency connectivity tailored to the unique demands of manufacturing environments. This enables real-time data exchange, predictive maintenance, and improved supply chain management.

The consumer segment is expected to have the highest CAGR during the forecast period

The consumer segment is anticipated to witness the fastest CAGR growth during the forecast period. Concerns about EVs' advanced electronic systems being open to hacking and illegal access are developing as EV use rises. IoT Mobile Virtual Network Operator solutions for electric vehicles (EVs) include a variety of methods, including as encrypted communication protocols, real-time monitoring, and intrusion detection systems. These steps are essential for protecting crucial EV components including battery management systems and autonomous driving capabilities, as well as for guaranteeing the general security and dependability of the EV ecosystem.

Region with largest share:

It is anticipated that the Asia Pacific IoT Mobile Virtual Network Operator market will remain in the majority of the market share throughout the projected period driven by its dynamic economies and burgeoning IoT adoption. With its vast and diverse markets, Asia-Pacific offers significant growth opportunities for MVNOs. The region is witnessing rapid urbanization, industrialization, and increasing demand for smart city initiatives, leading to substantial IoT deployment. MVNOs in Asia-Pacific cater to various sectors, including agriculture, healthcare, logistics, and automotive, by providing customized connectivity solutions. Additionally, the region's focus on 5G network expansion further fuels the IoT ecosystem's growth, positioning Asia-Pacific as a pivotal and lucrative market for MVNOs aiming to capitalize on this burgeoning industry.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period. North America is a prominent hub in the IoT Mobile Virtual Network Operator (MVNO) market, characterized by its advanced technological landscape and robust IoT adoption. MVNOs in North America play a pivotal role in providing tailored connectivity solutions to various sectors, including smart cities, healthcare, industrial automation, and agriculture. The region's strong emphasis on innovation and the rollout of 5G networks further catalyze IoT growth, enabling MVNOs to offer high-speed, low-latency connections. Additionally, North America's thriving startup ecosystem and collaborations with tech giants ensure a dynamic and competitive MVNO market, making the region a key player in shaping the future of IoT connectivity solutions.

Key players in the market:

Some of the key players in IoT Mobile Virtual Network Operator Market include: 1&1 Drillisch AG, Airvoice Wireless LLC, Asahi Net Inc., ASDA Mobile, Boost Mobile LLC (T-Mobile), Cricket Wireless LLC (AT&T Inc.), FRiENDi Mobile, Giffgaff Ltd, Kajeet Inc. (Arterra Mobility), Lebara Group BV, Lycamobile UK Limited, PosteMobile SpA, Tesco Mobile Limited (Tesco PLC), TracFone Wireless Inc., Truphone GmbH, Virgin Mobile USA Inc. and Voiceworks GmbH.

Key Developments:

In May 2023, KORE Wireless announced the launch of its new vertical offering in retail solutions. The retail industry is rapidly undergoing a digital transformation, and KORE has aligned its portfolio to offer high-bandwidth solutions to meet these needs. The KORE Retail solution includes high bandwidth 5G cellular connectivity through fixed wireless access (FWA) to provide high-speed internet access traditionally available through wireline solutions

In February 2023, Cloudflare Inc. announced the Cloudflare Zero Trust SIM, the first solution to secure every data packet leaving mobile devices. Organizations will effectively integrate devices with Cloudflare's Zero Trust platform and will be able to quickly and securely connect employee devices to Cloudflare's global network. Along with this, they can also prevent their network and employees no matter where they work with the help of Zero Trust SIM.

In July 2022, PeP acquired Simapka to expand financial and mobile services in Poland. This acquisition would aid in developing an ecosystem wherein the payments would be bolstered by a variety of additional services provided by POS. The major objective is to ensure that retail outlets throughout Europe gain benefit from the steady digitization of payments through the solutions of Simapka's mobile application.

In May 2022, Cricket Wireless LLC announced a collaboration with the Southern Intercollegiate Athletic Conference (SIAC). This three-year agreement allows Cricket to provide unique experiences to SIAC fans at all Historically Black Colleges/Universities (HBCUs) member schools.

Deployments Covered:

• Cloud
• On-premise

Operational Models Covered:

• Reseller
• Service Operator
• Full Mobile Virtual Network Operator (MVNO)
• Other Operational Models

Subscribers Covered:

• Enterprise
• Consumer

End Users Covered:

• Manufacturing
• Transportation & Logistics
• Healthcare
• Retail
• Energy & Utilities
• Agriculture
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global IoT Mobile Virtual Network Operator (MVNO) Market, By Deployment

• 5.1 Introduction
• 5.2 Cloud
• 5.3 On-premise

6 Global IoT Mobile Virtual Network Operator (MVNO) Market, By Operational Model

• 6.1 Introduction
• 6.2 Reseller
• 6.3 Service Operator
• 6.4 Full Mobile Virtual Network Operator (MVNO)
• 6.5 Other Operational Models

7 Global IoT Mobile Virtual Network Operator (MVNO) Market, By Subscriber

• 7.1 Introduction
• 7.2 Enterprise
• 7.3 Consumer

8 Global IoT Mobile Virtual Network Operator (MVNO) Market, By End User

• 8.1 Introduction
• 8.2 Manufacturing
• 8.3 Transportation & Logistics
• 8.4 Healthcare
• 8.5 Retail
• 8.6 Energy & Utilities
• 8.7 Agriculture
• 8.8 Other End Users

9 Global IoT Mobile Virtual Network Operator (MVNO) Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 1&1 Drillisch AG
• 11.2 Airvoice Wireless LLC
• 11.3 Asahi Net Inc.
• 11.4 ASDA Mobile
• 11.5 Boost Mobile LLC (T-Mobile)
• 11.6 Cricket Wireless LLC (AT&T Inc.)
• 11.7 FRiENDi Mobile
• 11.8 Giffgaff Ltd
• 11.9 Kajeet Inc. (Arterra Mobility)
• 11.10 Lebara Group BV
• 11.11 Lycamobile UK Limited
• 11.12 PosteMobile SpA
• 11.13 Tesco Mobile Limited (Tesco PLC)
• 11.14 TracFone Wireless Inc.
• 11.15 Truphone GmbH
• 11.16 Virgin Mobile USA Inc.
• 11.17 Voiceworks GmbH