MENA Mobile Virtual Network Operator Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The MENA mobile virtual network operator market was valued at USD 1.63 billion in 2020, and it is expected to reach USD 2.22 billion by 2026, registering a CAGR of 5.3% during 2021-2026. Increasing penetration of mobile devices and technological advancements, such as cloud-based services and government initiative to deliver better network service access for consumers, are driving the growth of the MENA mobile virtual network operator market.
Key HighlightsThe MENA mobile virtual network operator market is concentrated, and it is dominated by a few major players like Virgin Mobile KSA, Lebara Mobile KSA, Swyp (Etisalat UAE), Majan Telecommunication LLC (Renna Mobile), and FRiENDi mobile. These major players, with a prominent share in the market, are focusing on expanding their customer base across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
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