A new study by Juniper Research has found that there will be over 600 million roaming IoT connections by 2028; rising from 145 million in 2023. This will necessitate the implementation of new roaming standards to detect and monetise IoT roaming. To capitalise on this substantial growth in connections, the report identified BCE (billing and charging evolution) as a critical technology that will enable operators to identify new roaming connections. In turn, this will allow operators to maximise inbound roaming revenue.
The research suite included new edition of Juniper Research’s competitor leaderboard covering the IoT roaming market. It analysed the offerings across 18 key IoT roaming vendors, as well as the future prospects of vendors. The top 5 vendors are ranked as followed:
- Vodafone Roaming Services
- Telefonica
- Tata Communications
- TNS
- BICS
Vodafone Roaming Services retains leading position in the market
Vodafone Roaming Services’ continued expansion of its global IoT roaming network results in the company retaining its position. Its portfolio of IoT management solutions and coverage places Vodafone Roaming Services as the IoT vendor to enable operators to maximise future inbound roaming revenue.
Telefonica The Big Mover in 2023
Additionally, Telefonica has risen six places in above mentioned ranking. Crucial in driving Telefonica’s progress in the IoT roaming market over the last year has been its innovation with solutions that simplify the roaming monetisation process. For example, the company has continued to innovate with BCE, and services that assist operators in managing different roaming regulations.
The new report: Global IoT Roaming Market 2023-2028, part of Juniper Research’s Roaming Market Intelligence Centre, offers the source of data for the market. Download a free sample.
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