ASEAN MVNO Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

ASEAN Mobile Virtual Network Operator Market Analysis

The ASEAN Mobile Virtual Network Operator Market size is estimated at USD 2.82 billion in 2024, and is expected to reach USD 3.83 billion by 2029, growing at a CAGR of 6.33% during the forecast period (2024-2029).

A mobile virtual network operator (MVNO) is a corporation that provides mobile phone services but does not have its frequency allocation of radio spectrum or all of the infrastructure needed to perform it. A corporation with infrastructure and frequency allocations is called a "mobile network operator."

• By concentrating on specific value propositions for specialized target customer segments, MVNOs expand the subscriber base on the network of the host operator without compromising the host's focus or brand image. In this way, the MVNO functions as a "sub-brand" for the operator and aids in providing mobile services to various demographics.
• In ASEAN (Association of Southeast Asian Nations), Thailand, Singapore, Malaysia, and Vietnam exhibit high internet and smartphone penetration rates. Hence, the MVNOs are growing significantly in these countries. Moreover, the countries such as Brunei, Myanmar, Cambodia, Indonesia, and the Philippines, are adopting digitalization at a rapid pace and hence are analyzed to bolster the telecom sector and simultaneously the MVNO industry in the countries.
• Virtualization is a 5G network architecture feature, and most may move beyond virtualization. One MVNO may operate all networks metaphorically while concurrently operating none of the networks, much like a cloud. Similar to before 4G, MVNOs could use the host operator's mobile network in the 5G era to establish their own business. However, it might be the "slice" of the virtualized core network. In the 5G era, network functions virtualization (NFV) and "slicing" can be essential for many MVNOs.
• One of the biggest challenges for MVNO market vendors in the region is the reluctance of the MNOs to host MVNOs on their network. Currently, all major MVNO operators in the country are hosted by only the state telecom player National Telecom.
• COVID-19 has led to an acceleration in digital connectivity in ASEAN countries, facilitating not only e-commerce but also businesses using digital technology, communications, and related services in manufacturing, retail, education, healthcare, transportation, finance, tourism, media, and entertainment. This has significantly increased data consumption during the pandemic, thus positively impacting the telecommunications sector.

ASEAN Mobile Virtual Network Operator Market Trends

This section covers the major market trends shaping the ASEAN Mobile Virtual Network Operator (MVNO) Market according to our research experts:

Data Segment to Witness Significant Growth

ASEAN Mobile Virtual Network Operator Industry Segmentation

Mobile virtual network operators (MVNO) are wireless service providers that do not own the wireless network infrastructure but instead buy network capacity from existing MNOs to deliver services to their users.

The ASEAN mobile virtual network operator (MVNO) market is segmented by component (data, voice) and country. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.