MVNO Market worth $116.8 billion by 2028, growing at a CAGR of 6.7%: Report by MarketsandMarkets�

Sheetal2309 Jul, 2024Technology

The MVNO Market size is projected to grow from USD 84.6 billion in 2023 to USD 116.8 billion by 2028, at a CAGR of 6.7% during the forecast period, according to a new report by MarketsandMarkets?. The telecommunications market is highly competitive, with several major Mobile Network Operators (MNOs) vying for customers. This competition has driven the growth of MVNOs as they provide alternative options to consumers, often at competitive price points.