[Report Description]Global Mobile Virtual Network Operator Market is valued at approximately USD 61 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2020-2027. In the present scenario, competition in the Mobile Virtual Network Operator (MVNO) market has transferred from pricing to value-added services and product variation, due to the importance of mobile network operators (MNOs) has grown exponentially in the low-cost cellular services market across developed and emerging nations. MVNO is a sort of GSM (Global System for Mobile communications) based technique in which a mobile operator or a company contracts the spectrum from network operator. Besides, MVNOs are offering multiple benefits and relaxation to their consumers by delivering tourist services and roaming. For instance, Lycamobile provides economical international calling to its customers. Apart from this, the market vendors are focused on collaborating with traveler’s communities to provide efficient services to their users, which may promote the market growth worldwide. Furthermore, the rise in penetration of mobile devices is considered as one of the prime factors that drives the market growth. According to GSM Association, the number of unique mobile subscribers surged from 4.66 billion in 2015 to almost 5.59 billion in the year 2019. In addition, it is also assessed that roughly 72% of the world’s population subscribed to a mobile service by the year 2020. This factor has encouraged the MNOs to utilize MVNOs. Moreover, the rise in focus towards the adoption and investment on 5G technology, along with the escalating demand for efficient cellular networks are the few factors responsible for the high CAGR of the market during the forecast period. For instance, in 2019, the UK government invested a fund of about USD 49.6 million in trials and testbed projects ahead of widespread of 5G rollout in the UK. Similarly, in 2017, the German government invested USD 110 billion to building-out 5G and fiber-optic capacity by 2025. This, in turn, is expected to strengthen the market growth all over the world. However, the lack of awareness and expertise, coupled with intense competition from the organized sector are the few major factors obstructing the market growth over the forecast period of 2020-2027.