Global 5G MVNO Market size is poised for significant growth from 2023 to 2032, fueled by the increasing demand for 5G services and the expanding role of MVNOs in delivering these services to end-users.

The market is expected to achieve a Compound Annual Growth Rate (CAGR) of approximately 8.8% during this period. In 2023, the market is estimated to be valued at USD 75.12 Billion, and it is projected to reach USD 134.89 Billion by 2032.

5G MVNO Market: Growth Factors and Dynamics:

  • Connectivity Revolution: The 5G MVNO market experiences significant growth propelled by the ongoing connectivity revolution, with the deployment of 5G networks enabling high-speed, low-latency communication.
  • Enhanced Mobile Broadband: The advent of 5G technology in MVNOs delivers enhanced mobile broadband, offering users faster data speeds, improved network capacity, and a seamless multimedia experience.
  • IoT and Industry Applications: 5G MVNOs play a pivotal role in supporting Internet of Things (IoT) applications and industry-specific use cases, fostering innovation in sectors such as manufacturing, logistics, and healthcare.
  • Network Slicing Capabilities: The implementation of network slicing in 5G MVNOs allows for the creation of virtualized, customized network segments, catering to the diverse connectivity needs of different industries and users.
  • Enterprise Digital Transformation: 5G MVNOs drive enterprise digital transformation by providing reliable, high-performance connectivity solutions, and facilitating the adoption of advanced technologies like augmented reality and edge computing.
  • Edge Computing Integration: The integration of edge computing in 5G MVNO networks enhances processing capabilities, enabling low-latency applications and supporting real-time decision-making in mission-critical scenarios.
  • Vertical Industry Collaboration: Collaboration between 5G MVNOs and vertical industries, including manufacturing, healthcare, and transportation, results in tailored connectivity solutions, addressing specific industry requirements and driving market expansion.
  • Smart Cities and Public Services: 5G MVNOs contribute to the development of smart cities by providing connectivity for smart infrastructure, public services, and intelligent transportation systems, promoting urban efficiency and sustainability.
  • Private Networks for Enterprises: The deployment of private 5G networks by MVNOs caters to the connectivity needs of enterprises, offering secure and dedicated communication solutions for mission-critical applications.
  • 5G in Entertainment and Media: 5G MVNOs transform the entertainment and media landscape by enabling high-quality streaming, immersive virtual reality experiences, and interactive gaming, creating new opportunities for content creators and distributors.
  • Rural Connectivity Initiatives: 5G MVNOs play a vital role in addressing the digital divide by participating in rural connectivity initiatives, and extending high-speed internet access to underserved and remote areas.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 75.12 Billion
Projected Market Size in 2032 USD 134.89 Billion
Market Size in 2022 USD 71.10 Billion
CAGR Growth Rate 8.8% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Type, Industry Vertical, Business Model and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

5G MVNO Market: COVID-19 Analysis:

  • Accelerated Digital Transformation: The COVID-19 pandemic accelerates digital transformation initiatives, driving the adoption of 5G MVNO services for remote work, online education, and telehealth applications.
  • Increased Demand for Remote Connectivity: The surge in remote work and virtual activities during the pandemic amplifies the demand for robust and high-speed connectivity, positioning 5G MVNOs as essential providers of reliable communication services.
  • Telehealth and Remote Patient Monitoring: 5G MVNOs contribute to the healthcare sector by facilitating telehealth services and remote patient monitoring, addressing the need for contactless healthcare solutions during the pandemic.
  • Collaboration Tools and Virtual Events: The reliance on collaboration tools and virtual events during lockdowns underscores the importance of 5G MVNOs in supporting seamless communication and connectivity for businesses and individuals.
  • Resilience in Network Infrastructure: Despite challenges, the 5G MVNO market demonstrates resilience in network infrastructure, ensuring continuous and stable connectivity even in times of increased network demand.
  • Enhanced Connectivity for Critical Services: 5G MVNOs play a critical role in providing enhanced connectivity for essential services, including emergency response, public safety, and critical infrastructure, contributing to community resilience.
  • Remote Learning and E-Learning Platforms: The shift towards remote learning prompts an increased demand for high-speed internet access, positioning 5G MVNOs as key enablers of e-learning platforms and educational continuity.
  • Contactless Commerce and Digital Services: The emphasis on contactless transactions and digital services during the pandemic drives the adoption of 5G MVNOs for supporting e-commerce, mobile payments, and digital experiences.
  • 5G in Manufacturing and Supply Chain: 5G MVNOs contribute to the resilience of manufacturing and supply chain operations by enabling real-time communication, automation, and remote monitoring of production processes.
  • Investment in Network Expansion: Post-pandemic, the 5G MVNO market anticipates increased investment in network expansion to meet the growing demand for high-speed connectivity and support emerging use cases.
  • Future-Proofing Connectivity Solutions: Ongoing investments in research and development are expected to result in future-proof 5G MVNO solutions, offering advanced capabilities, security enhancements, and support for emerging technologies.

Global 5G Mobile Virtual Network Operator (MVNO) Market 2023–2032 (By Billion)

List of the prominent players in the 5G MVNO Market:

  • AT&T Inc.
  • Verizon Communications Inc.
  • T-Mobile US Inc.
  • Sprint Corporation
  • Telefonica S.A.
  • Vodafone Group Plc
  • Deutsche Telekom AG
  • BT Group plc
  • Orange S.A.
  • SK Telecom Co. Ltd.
  • KDDI Corporation
  • Telia Company AB
  • Virgin Mobile
  • TracFone Wireless Inc.
  • Lycamobile Group
  • Others

The 5G MVNO Market is segmented as follows:

By Type

  • Reseller MVNO
  • Service Operator MVNO
  • Full MVNO

By Industry Vertical

  • Telecom
  • Healthcare
  • Retail
  • Automotive

By Business Model

  • Discount
  • Ethnic
  • Migrant
  • Lifestyle
  • Business

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America


  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America