Mobile Virtual Network Operator (MVNO) Market Research Report – Forecast to 2030

Impact of COVID-19 on the Global Mobile Virtual Network Operator (MVNO) Market

The mobile virtual network operator (MVNO) is a wireless communications network provider that does not consist of its wireless network infrastructure. It is a GSM-based technique, where a company or mobile operator leases the spectrum from the network operator. The mobile virtual network operator enters into a business agreement with a mobile network operator to obtain access to network services. The COVID-19 pandemic has significantly impacted all the industries due to the nationwide lockdowns and shutting down of many companies. However, the COVID-19 pandemic has positively impacted the mobile virtual network operator (MVNO) market. The lockdown has compelled many companies to allow their employees to work from home, which has resulted in the demand for high-speed data connections. Wireless networks help multiple devices to communicate wirelessly, which acts as a key factor for the growth of the mobile virtual network operator market.

The demand for cloud computing technology is boosting the market growth during the lockdown period. During the pandemic, cloud computing technology has played an important role. The technology helps in analyzing patient’s data for the people infected by the coronavirus. Healthcare workers are widely using storage cloud solutions to cater to a large number of increasing cases across the world. Besides, the use of M2M communication during the pandemic, which helps to transfer data between medical devices without human intervention, is also responsible for the growth of the market.

Besides, the primary factor driving the growth of the market is the increasing number of mobile subscribers owing to the decreasing prices of smartphones. However, the lockdowns have shut down manufacturing plants, delaying the manufacturing of smartphones, which has reduced the growth of the new subscribers’ base, slightly hampering the growth of the market during the lockdown. However, post the lockdown period, the manufacturing of new smartphones is expected to increase the subscriber base and hence drive market growth.