The global demand for IoT MVNO Market is presumed to reach the market size of nearly USD 10.78 BN by 2030 from USD 2.64 BN in 2022 with a CAGR of 19.21% under the study period 2023 - 2030.
IoT MVNO stands for Internet of Things Mobile Virtual Network Operator. It refers to a service provider specializing in providing connectivity solutions for IoT (Internet of Things) devices. It operates as a virtual network operator, leasing network infrastructure from traditional mobile network operators (MNOs) and offering customized IoT connectivity services to its customers.
Market Dynamics
The widespread adoption of IoT devices across various industries fuels the demand for IoT MVNO services. Businesses and organizations deploy IoT devices to enhance efficiency, collect data, and enable automation, requiring reliable and scalable connectivity solutions. Diverse connectivity requirements of IoT deployments also contribute to market growth. It offers tailored connectivity solutions that address the specific needs of different types of IoT devices, such as low-power, long-range connectivity or high-speed cellular connectivity. Global coverage and roaming capabilities are essential in the IoT landscape. IoT deployments often span multiple regions or countries, necessitating seamless connectivity. IoT MVNOs leverage partnerships with mobile network operators to provide global coverage and ensure uninterrupted connectivity, enabling businesses to deploy IoT solutions globally. It provides comprehensive network management and device control capabilities. Services such as device provisioning, remote management, and real-time monitoring enable businesses to efficiently manage their IoT deployments, ensure device performance, and optimize network utilization. Security and data privacy are significant concerns in IoT deployments. IoT MVNOs focus on implementing robust security measures to protect IoT devices and the sensitive data they transmit. Cost optimization and scalability are also driving factors. IoT MVNOs offer flexible pricing models, cost-effective connectivity plans, and scalability options, allowing businesses to optimize costs and accommodate the growing number of connected devices.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of iot mvno. The growth and trends of iot mvno industry provide a holistic approach to this study.
Market Segmentation
This section of the iot mvno market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Operational Model
- Reseller
- Service Operator
- Full Mvno
By Subscribers
By Enterprise
- Manufacturing
- Transportation & Logistics
- Healthcare
- Retail
- Energy & Utilities
- Agriculture
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the IoT MVNO market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global IoT MVNO Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the iot mvno market include KDDI (Japan), KORE Wireless (US), Sierra Wireless (Canada), Twilio (US), Asahi Net (Japan). Telit (US), BICS (Belgium), Lycamobile (UK), Wireless Logic (UK), Truphone (UK), Aeris Communications (US), Cubic Telecom (Ireland), Hologram (US), 1NCE (Germany), 10T (Estonia), Soracom (Japan). Onomondo (Denmark). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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