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MVNO Connections by Segment

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SOURCE RESEARCH

IoT MVNOs: Supplier Strategies and Offerings in an Evolving Software and Services Landscape

Report | 4Q 2022 | AN-5664

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By 2026, there will be more than 220 million network connections from Mobile Virtual Network Operators (MVNOs) - more than double the number of connections installed in 2022. Of all application segments, utilities (water, gas, & smart meters) account for the largest number of MVNO connections (116.9 million), followed by the healthcare industry (43.9 million connections), and fleet management/OEM telematics (29.9 million connections).