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Global Mobile Number Portability Market – Industry Trends and Forecast to 2031

ICT

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Global Mobile Number Portability Market – Industry Trends and Forecast to 2031

  • ICT
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Mobile Number Portability Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 1.91 Billion
Diagram Market Size (Forecast Year) USD 2.29 Billion
Diagram CAGR %

Major Markets Players

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Global Mobile Number Portability Market, By Technology Type (SMS, Unstructured Supplementary Service Data (USSD), Signal Transfer Point (STP), Session Initiation Protocol (SIP)), End User (Individual Consumers, Small and Medium-Sized Enterprises (SMEs), Large Enterprises) - Industry Trends and Forecast to 2031.

Mobile Number Portability Market

Mobile Number Portability Market Analysis and Size

Growing demand for seamless switching between telecom operators, driven by consumer demand for better service quality, competitive pricing, and value-added services. Moreover, technological advancements, such as the adoption of IP-based networks and the evolution of cloud-based MNP solutions, are enhancing the efficiency and scalability of MNP processes. Additionally, regulatory developments aimed at promoting competition and consumer empowerment, coupled with the emergence of virtual mobile network operators (MVNOs), are contributing to mobile number portability market expansion.

Data Bridge Market Research analyses that the global mobile number portability  market was valued at USD 1.91 billion  in 2023 and is expected to reach USD 2.29 billion  by 2031, registering a CAGR of 2.3% during the forecast period of 2024-2031. “Unstructured supplementary service data (USSD)” segment continues to dominate the market due to its widespread compatibility with mobile devices and networks, facilitating seamless and real-time porting processes without requiring internet connectivity, thus ensuring accessibility to a broader user base. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion , Volumes in Units, Pricing in USD

Segments Covered

Technology Type (SMS, Unstructured Supplementary Service Data (USSD), Signal Transfer Point (STP), Session Initiation Protocol (SIP)), End User (Individual Consumers, Small and Medium-Sized Enterprises (SMEs), Large Enterprises)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

Syniverse Technologies (U.S.), iconectiv (U.S.), Telcordia Technologies (U.S.), PortingXS (Netherlands), Telinta (U.S.), Neustar Inc. (U.S.), MNP Interconnection Telecom Solutions India Pvt. Ltd. (India), Sicap (Switzerland), MGI (U.S.), Tango Telecom (Ireland) among others

Market Opportunities

  • Emergence of Virtual Mobile Network Operators (MVNOs)
  • Technological advancements aiding mobile number portability capabilities

Market Definition

Mobile number portability (MNP) is a telecommunications service that allows mobile phone users to retain their existing phone numbers when switching from one mobile service provider to another. MNP enables consumers to take advantage of competitive pricing, better service quality, or other benefits offered by different mobile operators without the inconvenience of changing their contact information. MNP processes involve coordination between the old and new service providers to transfer the phone number seamlessly while ensuring uninterrupted service for the subscriber.

Global Mobile Number Portability Market Dynamics

Drivers

  • Mobile Number Portability (MNP) Empowering Consumer Empowerment

 Mobile number portability (MNP) empowers consumers by providing them with the freedom to switch between mobile service providers without changing their phone numbers. This driver is fueled by increasing consumer awareness of their rights and demands for better service quality, competitive pricing, and innovative offerings from telecom operators. As consumers seek greater control over their telecommunications services, MNP becomes a crucial tool for fostering competition and enhancing customer satisfaction in the mobile market.

  • Regulatory Mandates in Implementation of Mobile Number Portability

Regulatory policies mandating the implementation of mobile number portability (MNP) in various regions drive market growth by promoting fair competition and consumer choice. Government agencies and regulatory bodies worldwide enact MNP regulations to break down barriers to switching service providers, encourage market dynamism, and ensure that telecom operators uphold service standards. These mandates compel operators to invest in MNP infrastructure and processes, thereby expanding the accessibility and effectiveness of MNP services globally.

Opportunities

  • Emergence of Virtual Mobile Network Operators (MVNOS)

MVNOs, which lease network infrastructure from established operators, often target niche markets with specialized offerings and competitive pricing. As MVNOs gain traction and expand their subscriber base, the demand for MNP services increases, as consumers seek to retain their phone numbers while migrating to these alternative providers.

Restraints/Challenges

  • Implementation Challenges

 Despite the benefits and opportunities associated with mobile number portability (MNP), the market faces implementation challenges stemming from technical complexities, interoperability issues, and regulatory compliance requirements. Developing and maintaining robust MNP infrastructure, ensuring data security and privacy, and coordinating between multiple stakeholders pose significant hurdles for service providers and regulatory authorities.

This global mobile number portability market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global mobile number portability market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In August 2022, Telstra which is one of Australia's biggest telecommunication companies launched a new bundle of mobile plans which is expected to be affordable mobile and data services to families across the country. The new bundle plans are available for customers with at least one service on an eligible 'upfront' mobile plan in addition to individual SIM cards which would allow for additional devices as well. Customers would be ab to five of these new bundle plans to their existing accounts as well for connecting children's smartphones mobile broadband hotspots

Global Mobile Number Portability Market Scope

The global mobile number portability market is segmented on the basis of technology type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology Type

  • SMS
  • Unstructured Supplementary Service Data (USSD)
  • Signal Transfer Point (STP)
  • Session Initiation Protocol (SIP)

End User

  • Individual Consumers
  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprises)

Global Mobile Number Portability Market Regional Analysis/Insights

The global mobile number portability market is analysed and market size insights and trends are provided by country, technology type and end user as referenced above.

The countries covered in the global mobile number portability market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.   

North America dominates and is the fastest growing region in the mobile number portability market due to the region's large population of mobile subscribers and mature telecommunications infrastructure, facilitating seamless porting processes. Additionally, stringent regulatory frameworks promoting competition and consumer choice in countries such as the U.S. and Canada have encouraged widespread adoption of MNP services among mobile users, further solidifying North America's dominance in the global MNP market.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.     

Competitive Landscape and Global Mobile Number Portability Market Share Analysis

The global mobile number portability market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global mobile number portability market.

Some of the major players operating in the global mobile number portability market are:

  • Syniverse Technologies (U.S.)
  • iconectiv (U.S.)
  • Telcordia Technologies (U.S.)
  • PortingXS (Netherlands)
  • Telinta (U.S.)
  • Neustar Inc. (U.S.)
  • MNP Interconnection Telecom Solutions India Pvt. Ltd. (India)
  • Sicap (Switzerland)
  • MGI (U.S.)
  • Tango Telecom (Ireland)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Mobile Number Portability Market size will be worth USD 2.29 billion by 2031.
The Mobile Number Portability Market growth rate will be 2.3% by 2031.
Mobile Number Portability (MNP) Empowering Consumer Empowerment and Regulatory Mandates in Implementation of Mobile Number Portability are the growth drivers of the Mobile Number Portability Market.
The technology type and end user are the factors on which the Mobile Number Portability Market research is based.
The major companies in the Mobile Number Portability Market are Syniverse Technologies (U.S.), iconectiv (U.S.), Telcordia Technologies (U.S.), PortingXS (Netherlands), Telinta (U.S.), Neustar Inc. (U.S.), MNP Interconnection Telecom Solutions India Pvt. Ltd. (India), Sicap (Switzerland), MGI (U.S.), Tango Telecom (Ireland).
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