What Has Been The Evolution of the Mobile Number Portability Market in Recent Years?
The mobile number portability market has seen considerable growth due to a variety of factors.
• The mobile number portability market has expanded strongly in recent years. It is forecasted to grow from $2.14 billion in 2024 to $2.27 billion in 2025, at a CAGR of 5.8%.
Growth in recent years is attributed to regulatory changes, improved customer satisfaction, enhanced network coverage, increased internet use, and better service quality.
How Will the Mobile Number Portability Market?
The mobile number portability market is expected to maintain its strong growth trajectory in upcoming years.
• The mobile number portability market is anticipated to see steady growth, reaching $2.8 billion by 2029 at a CAGR of 5.4%.
This growth is attributed to the increasing demand for seamless switching, emergence of virtual mobile network operators, high churn rates among prepaid users, a growing mobile subscriber base, and increased consumer awareness. Trends include the introduction of IP-based networks, session initiation protocol, product innovation, and investment in backend services.
Which Factors Are Boosting Growth In The Mobile Number Portability Market?
The increasing number of mobile subscribers is expected to drive the growth of the mobile number portability market. Mobile subscribers, who are individuals actively using a mobile service, are growing due to improved network infrastructure and the affordability of mobile services. Mobile number portability allows users to switch providers without changing their phone number, encouraging competition and improving service quality. For example, Vietnam's Department of Telecommunications reported that the number of mobile subscribers increased to 93.5 million in 2022, covering 73.5% of the adult population. This rising subscriber base is fueling the growth of the mobile number portability market.
What Key Areas Define The Segmentation Of The Global Mobile Number Portability Market?
The mobile number portability market covered in this report is segmented –
1) By Technology Type: Short Message Service (SMS), Unstructured Supplementary Service Data (USSD), Signal Transfer Point (STP), Session Initiation Protocol (SIP)
2) By Transmission: Wireline, Wireless
3) By End User: Individual Consumers, Small And Medium-Sized Enterprises (SMEs), Large Enterprises
Subsegments:
1) By Short Message Service (SMS): SMS-Based Porting, SMS-Based Notifications
2) By Unstructured Supplementary Service Data (USSD): USSD-Based Porting, USSD-Based Notifications
3) By Signal Transfer Point (STP): STP For Number Portability Routing, STP For Data Exchange
4) By Session Initiation Protocol (SIP): SIP For VoIP-Based Number Portability, SIP For Session Control And Routing
Pre-Book The Mobile Number Portability Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Market Trends Are Altering The Mobile Number Portability Industry?
Leading corporations in the mobile number portability market are implementing diverse strategies, such as introducing innovative plans like bundled mobile deals, to enhance their services and maintain their customer base. A bundled mobile package or plan refers to a variety of services provided by mobile service operators at a consolidated price, aiming to offer convenience and financial savings as compared to buying each service separately. For example, in August 2022, Telstra Group Limited, a company based in Australia offering specialized telecommunications and information services, initiated a fresh bundled mobile plan to deliver cost-efficient mobile and data services to families all over the country. Customers eligible for these plans need to have at least one 'upfront' mobile service, which comes with individual SIM cards for additional devices. Clients can add up to five of these packages to their accounts, thus ensuring connectivity for their children's smartphones, tablets, or mobile broadband hot spots.
Who Are the Key Players In The Mobile Number Portability Market?
Major companies operating in the mobile number portability market are:
• Verizon Communications Inc.
• AT&T Inc.
• T-Mobile Inc.
• Orange SA
• Vodafone Group Plc
• Telefónica SA
• Telecom Italia SPA
• O2 Co.
• Bharti Airtel
• A1 Telekom Austria AG
• 3 Hutchison Ltd.
• Telkom SA SOC
• Tele2 AB
• Cell C Ltd.
• Tietoevry Corp.
• Neustar Inc.
• Syniverse Technologies LLC
• MTN
• iconectiv LLC
• INDOTEL
• Reliance Communications
• EE Ltd.
• Sprint Corporation
• Mediafon Datapro
• Neotel Companies
What Is The Most Dominant Region In The Mobile Number Portability Market?
North America was the largest region in the mobile number portability market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile number portability market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
