KUALA LUMPUR, Feb 20 (Bernama) -- The value of the retail roaming market will reach US$19 billion by 2027 globally, a substantial increase from US$10 billion in 2022, according to a new Juniper Research study. (US$1 = RM4.42)
This growth of 98 per cent in revenue will be driven by both an increase in the number of 5G roaming subscribers across key international travel corridors between North America, Europe and Asia Pacific, and data generated by these new 5G connections whilst roaming internationally.
The research anticipated this increase in roaming data will be attributable to new devices, such as cellular-enabled laptops, wearables and tablets.
It warns this growth will necessitate increased operator reliance on roaming vendors to manage the ever-growing complexity of roaming ecosystems, according to Juniper Research in a statement.
The new report, titled Retail Roaming: Regional Analysis, Business Models & Market Forecasts 2023-2027, assessed the leading vendors that enable operators’ retail roaming activities.
It evaluated these vendors on criteria including depth and breadth of roaming partnerships, service and product offerings, and solution innovation, therefore ranked the top three vendors as Mobileum; Tata Communications; and Syniverse.
Anticipating international travel will return to pre-pandemic levels by 2024, the report urged roaming vendors to provide solutions that enable operators to create novel roaming services such as real‑time self-management platforms protecting subscribers from data overuse whilst roaming.
By providing these solutions, the report predicts that operators will be able to reduce the number of silent roamers and thus maximise roaming revenue from international travel.
-- BERNAMA
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