LONDON--(BUSINESS WIRE)--Technavio has been monitoring the mobile virtual network operator (MVNO) services market and it is poised to grow by USD 29.80 billion during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Necessary update of your password on PrestaShop Addons Hello, You are currently the holder of an Addons account created from your Paypal account, which allows you to connect to our marketplace. North America South America MEA. Drillisch Telecom GmbH, Lebara Group BV, Lycamobile UK Ltd., PostePay SPA, Speedcast International Ltd., Talkmobile Ltd., and TracaFone Wireless Inc.
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Frequently Asked Questions-
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of almost 8%, the market growth will accelerate in the forecast period.
What is the key factor driving the market?
Use of MVNO model by telecom companies is one of the key factors driving the market growth.
Who are the top players in the market?
7-Eleven Canada Inc., Airvoice Wireless, Asahi Net Inc., Drillisch Telecom GmbH, Lebara Group BV, Lycamobile UK Ltd., PostePay SPA, Speedcast International Ltd., Talkmobile Ltd., and TracaFone Wireless Inc. are some of the major market participants.
Which region is expected to hold the highest market share?
Europe
What is the year-over-year growth rate of the global market?
The year-over-year growth rate for 2020 is estimated at 7.12%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 7-Eleven Canada Inc., Airvoice Wireless, Asahi Net Inc., Drillisch Telecom GmbH, Lebara Group BV, Lycamobile UK Ltd., PostePay SPA, Speedcast International Ltd., Talkmobile Ltd., and TracaFone Wireless Inc. are some of the major market participants. The use of MVNO model by telecom companies will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Mobile Virtual Network Operator (MVNO) Services Market 2020-2024: Segmentation
Mobile Virtual Network Operator (MVNO) Services Market is segmented as below:
End-user
Consumer
Enterprise
Geographic
Europe
APAC
North America
South America
MEA
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Mobile Virtual Network Operator (MVNO) Services Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mobile virtual network operator (MVNO) services market report covers the following areas:
Mobile Virtual Network Operator (MVNO) Services Market size
Mobile Virtual Network Operator (MVNO) Services Market trends
Mobile Virtual Network Operator (MVNO) Services Market analysis
This study identifies the growing demand for mobile data and other value-added services as one of the prime reasons driving the mobile virtual network operator (MVNO) services market growth during the next few years.
Mobile Virtual Network Operator (MVNO) Services Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the mobile virtual network operator (MVNO) services market, including some of the vendors such as 7-Eleven Canada Inc., Airvoice Wireless, Asahi Net Inc., Drillisch Telecom GmbH, Lebara Group BV, Lycamobile UK Ltd., PostePay SPA, Speedcast International Ltd., Talkmobile Ltd., and TracaFone Wireless Inc. Backed with competitive intelligence and benchmarking, our research reports on the mobile virtual network operator (MVNO) services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Mobile Virtual Network Operator (MVNO) Services Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist mobile virtual network operator (MVNO) services market growth during the next five years
Estimation of the mobile virtual network operator (MVNO) services market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the mobile virtual network operator (MVNO) services market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of mobile virtual network operator (MVNO) services market vendors
Table of Contents:
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by End-user
Market segments
Comparison by End-user
Consumer - Market size and forecast 2019-2024
Enterprise - Market size and forecast 2019-2024
Market opportunity by End-user
Customer Landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
7-Eleven Canada Inc.
Airvoice Wireless
Asahi Net Inc.
Drillisch Telecom GmbH
Lebara Group BV
Lycamobile UK Ltd.
PostePay SPA
Speedcast International Ltd.
Talkmobile Ltd.
TracaFone Wireless Inc.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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PostePay Partners with Volante Technologies for Instant Payments Innovation and Payments Modernization
Partnership follows investment by Italian payments champion PostePay in Volante Technologies’ recent $35m growth capital raise
Rome, New York, London, Mexico, Dubai, August 5, 2020 – PostePay, one of the largest Electronic Money Institutions (EMI) in Italy, bringing together Poste Italiane’s assets and expertise in payments and telecommunications, with over 28 million cards in circulation and 1.4 billion card transactions managed in 2019, today announced a partnership with Volante Technologies, a leading global provider of payments and financial messaging solutions in the cloud and on premise. The partnership will further enhance the Poste Italiane Group’s payments modernization programme, including its open banking platform, enabling instant payments and providing a new gateway to traditional interbank networks.
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PostePay, part of the Poste Italiane Group, plays a pioneering role in the electronic money market in Italy, steering the shift from traditional payment methods to next-generation digital options and account-based payments.
Volante’s VolPay cloud-native microservices architecture will allow Poste Italiane to support current and future payment rails by offering high levels of resilience and extensibility. The resulting modern scalable end-to-end payments processing infrastructure will allow leading edge customer experience and services for over 14 million Poste Italiane accounts, providing a strategic advantage to constantly innovate in the changing landscape resulting from PSD2 regulation.
As part of its ‘Deliver 2022 strategy’, Poste Italiane is expanding its network of partnerships on a global scale, firmly believing that innovation is essential for a diversified business of its scale to remain competitive at a time when established markets are being disrupted.As part of this strategy, Poste Italiane already launched successful partnerships in digital wealth management, open banking, premium home delivery services and long-haul road transportation. PostePay also took part in Volante’s growth capital raise of $35 million, with other top-tier financial and industry investors.
The partnership with Volante Technologies will further enable the development of innovative products, like Codice Postepay QR code solution, allowing state-of-the-art customer experience and paving the way for further exciting developments. In line with the Group’s strategy, PostePay’s first goal is to inform and guide changes in consumer habits, accelerating Italy’s transformation from cash to digital payments. Through this valuable partnership, Poste Italiane will be able to serve its customers even better.
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Poste Italiane, commented, My soboba rewards. “One of our objectives was to find a partner with whom we could develop common roadmaps for our payment-hub, rather than simply outsource to a vendor for the SCT-INST project. With the payments landscape changing so rapidly, the Poste Italiane Group is investing – alongside other leading global institutions – in a growing company known for its modern, resilient and scalable technology to continue to provide our customers with the most technologically advanced and reliable payment experience. The fact that VolPay is cloud-native proved particularly attractive in that it can offer a variety of deployment models.”
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Volante Technologies added, “It is clear that Poste Italiane is constantly looking for ways to ensure that their customers benefit from the emerging opportunities of digital payments. We are delighted that they chose Volante, and that we have the opportunity to help them further modernize their payments landscape with speed, enabling them to become more competitive now and in the longer term. We are confident that we can provide them with the extensibility they require to achieve their future growth objectives in payments.”