MENA Mobile Virtual Network Operator Market Size

MENA Mobile Virtual Network Operators Market Analysis

The MENA mobile virtual network operator market is expected to register at a CAGR of 5.3% during the forecasted period. Increasing penetration of mobile devices and technological advancements, such as cloud-based services and government initiatives to deliver better network service access for consumers, are driving the growth of the MENA mobile virtual network operator market.

• The growing need for communication-based services with enhanced network infrastructure primarily drives the global market for mobile virtual network operators (MVNOs). Another vital reason for spurring growth is the rising popularity of digital services, including cloud-based solutions, machine-to-machine (M2M) transactions, mobile money, etc. In addition, the introduction of novel government initiatives designed to improve consumer access to network services and advance digital services across Europe is boosting demand for MVNOs.
• Mobile virtual network operators are entering developing economies due to low competitors, increasing government initiatives, and the rising adoption rate of cloud services by business organizations. For instance, in November last year, The Communications and Information Technology Commission (CITC) of Saudi Arabia, which is in charge of policing the country's information and communication technology industry, also granted Route Mobile a "CITC License." With this development, Route Mobile will be able to serve enterprise clients and the Small and Medium Business sector in Saudi Arabia with its whole CPaaS product suite, including A2P SMS.
• Moreover, the number of telecommunications subscribers is increasing in Middle East &North African countries, which will drive the market. According to the Telecommunication Regulatory Authority, Around 1.9 million fixed-line subscriptions were active in the United Arab Emirates (UAE) as of June last year. In that month, there were approximately 3.7 million internet subscribers in the UAE.
• Additionally, the development of LTE infrastructures, which offer services like VoLTE, ViLTE, and VoWiFi, is positively impacting the world market. Throughout the forecast period, several additional factors, such as the rising popularity of embedded SIM cards and significant investments in 5G MVNO technology to provide effective communication services with low latency, are anticipated to support the global mobile virtual network operator (MVNO) market.
• Further, to ensure that all citizens and nations can fully benefit from the Internet and its economic and social potential, actions must be taken to build Internet infrastructure in a country and develop a digital economy on top of this infrastructure. The COVID-19 situation has dramatically increased awareness of these issues and, in many cases, has hastened the development of solutions. Long-term, new infrastructure can be built, which in many ways meets current needs while adjusting to new Internet uses that emerged during the crisis. Governments can start preparing for this phase by creating or modifying a national broadband plan to expand the availability of Internet infrastructure and guarantee broader digital inclusion.