REPORT OVERVIEW
Juniper Research's latest “IoT Roaming research” provides a comprehensive assessment of this rapidly growing market, including a regional analysis which meticulously assesses future opportunities within the IoT roaming market for operators and vendors. The report includes key recommendations for stakeholders, 5-year forecasts aligned with strategic analysis, our competitor leaderboard for 18 IoT roaming vendors and in-depth examination of roaming over cellular and LPWA (Low-power Wide area) network connectivity.
The report is aligned to 5-year forecasts for the market, including:
- 3G IoT Roaming
- 4G IoT Roaming
- 5G IoT Roaming
- LPWA IoT Roaming
The research suite includes:
- Market Trends & Strategies (PDF)
- Competitor Leaderboard (PDF)
- Data & Forecasting (PDF)
- 5-year Market Sizing & Forecast Spreadsheet (Excel)
- 12 Months' Access to our harvest Online Data Platform
Key Market Statistics
Market size in 2023: | $525m |
Market size in 2028: | $1.5bn |
2023 to 2028 CAGR: | 23% |
KEY FEATURES
- Trend Analysis and Future Opportunities: An assessment of key and emerging monetisation opportunities for operators and vendors in the IoT roaming market, including:
- Implementation of Technologies, such as eSIMs and Edge Computing Will Be Pivotal to Future Operator Revenue
- LPWA to be Instrumental in Driving the Growing Number of IoT Roaming Devices
- Networks Are Becoming Increasing Virtualised
- Operators Must Innovate Specific IoT Roaming Services for Enterprises
- Permanent Roaming Must be Approached as a Revenue Opportunity
- IoT roaming Regional Analysis: A technology impact assessment for IoT roaming technologies, across 60 countries. Each of these countries have been scored by Juniper Research in its country readiness index, which assesses the present status of each country's IT roaming market and its future prospects. Further detailed assessment is provided for the following countries.
- China
- India
- Saudi Arabia
- Singapore
- US
- UK
- Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 18 IoT roaming operators and vendors; positioning them as either an established leader, leading challenger, or disruptor and challenger. Our Competitor Leaderboard scores these companies on their size of operations in the IoT roaming space, their extent and breadth of market partnerships, the sophistication of their platforms and Juniper Research's view on each company's innovation and future business prospects. The companies included in Juniper Research's IoT roaming Competitor Leaderboard are:
- A1 Telekom Austria Group
- Arelion
- BICS
- Cellusys
- Comfone
- CSG
- Deutsche Telekom Carrier
- iBasis
- Mobileum
- Syniverse
- Tata Communications
- Tele2 IoT
- Telefónica
- Telenor Connexion
- Telna
- TNS
- TOMIA
- Vodafone
- Benchmark Industry Forecasts: 5-year forecasts are provided for total IoT roaming devices, total revenue from IoT roaming, and total data generated by roaming IoT devices. These forecasts were split across 3G, 4G, 5G and LPWA. The forecast suite includes for 8 key regions and 60 select countries including:
- Latin America:
- Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay
- West Europe:
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK
- Central & East Europe:
- Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine
- Far East & China:
- China, Hong Kong, Japan, South Korea
- Indian Subcontinent:
- Bangladesh, India, Nepal, Pakistan
- Rest of Asia Pacific:
- Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam
- Africa & Middle East:
- Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates
KEY QUESTIONS ANSWERED
- 1. Who are the leading roaming vendors in the IoT roaming market in 2023?
- 2. What key opportunities are there for roaming vendors in the IoT roaming market?
- 3. What Will the Value of the IoT Roaming Market Be In 2028?
- 4. Which Countries are Primed for IoT Roaming Market Growth?
- 5. Why are LPWA and 5G so important to IoT roaming markets?
COMPANIES REFERENCED
- Interviewed: Telefónica, TNS, TOMIA.
- Included in Juniper Research Competitor Leaderboard: A1 Telekom Austria Group, Arelion, BICS, Cellusys, Comfone, CSG, Deutsche Telekom Global Carrier, iBASIS, Mobileum, Syniverse, Tata Communications, Tele2 IoT, Telefónica, Telenor Connexion, Telna, TNS, TOMIA, Vodafone Roaming Services.
- Mentioned: 3m Digital Networks Pvt Ltd, 9Solutions, Accenture, acens, ADVAM, Agnity Global, Air France-KLM, AiRXOS, AIS Thailand, ALD Automotive, Alias Robotics, Alibaba, Altostratus, AMD, América Móvil, Annecto, Artificial Solutions, AT&T, ATCSC, Atrebo, Audax, Audi, Aviloo, AWS, BAE Systems, Barking, BE-terna, Bikeep, BIX (Bahrain Internet Exchange), Budbee, Byte Lab, C Spire, Calypso Canada, Cancom UK&I, Candela, Capgemini, CARGURU, Carlyle Group, CBTS (Cincinnati Bell IT Services Division), Celcom, CenturyLink, Cequint, Charter Communications, China Telecom, China Unicom, Ciena, CIMC, Cisco, Colt, Comcast, CR20, CrowdStrike, CSL, CTHING S.CO, Cuviva, CyberArk, Daikin Air Conditioning, Darwin, De Tune, Dell, Developing Solutions, DGIT Systems, Diebold Nixdorf, Digis Squared, Digitanimal, DISH, Dosell, DRVR, Ecoembes, Elonroad, Enjay, Enterprise Ireland, Epic, Ericsson, ESAB, ESSAR, EuropeTrack, Everdrone, Evolved Intelligence, Éxxita Be Circular, Fastweb, Ferroli, Fischer Akkumulatorentechnik, Foodora, Forbes, Ford , Fortinet, General Motors, Geprom Connecting Industries, German Bionic, Glosendas, GMS, Goodjob, Göteborgs Parkering, GreenFlux, Grupo Álava, GTE, H.I.G Capital, Habeetat, HDFC, Hewlett Packard Enterprise, Hidroconta, Hitachi, Horisen, Huawei, Husqvarna, Hutchison 3, IBM, Incremental, Infinera, Infobip, Infobric, Inmarsat, INSYS icom, Inteliquent, Intelliventory, Intertec Systems, IoT (Pty) Ltd, IoT Value, Jiricom, Kinnevik, KIOSK Information Systems, Kitewheel, LENS, Link Solutions, Lumine Group, M1 Limited, Mada, Maplewave, Maxis, MCM Telecom, Mediacom, Meili Robots, Meizu, Microsoft, Minifinder, MMD Mobility, Mobily, Mobius, MOBtexting, Monimoto, Mphasis, MTN, Navantia, NEC, NetXpress, Neustar, NID ApS, Nofence, Nokia, NTT Docomo, O2, Omate, One4Tech, Ooredoo, OpSiSe, Oracle, Orange, Panasonic, Partitionware, PCCW Global, Pfizer, Plivo, Polhem Infra, Polygon, Positive Technologies, Proximus, Qrypt, QSI Payment, Quside, R2G Services, React Mobile, Reliste, Ribbon, Roamability, Roamingwise, RoamSmart, Roamsysnext, Rogers, Rohde & Schwarz, Route42, Royal Spanish Athletics Federation, Safe4, Salesforce, SAMA, Samsung, Scania, Segron, Senseware, Sensoneo, Sharemac, Showmac, Sigos, Simfony, Siminn, Sonitus Systems, Sparkle, Speeron, Squire Technologies, Starhome Mach, Storytel's, Sunrise UPC, Swisscom, TalkTalk, Tango Telcom, TCl, Telarix, Telecom Italia, Telia, Telnet , Telstra, Telxius, Thales, The Switch Enterprises, Three, TM (Telekom Malaysia Berhad), T-Mobile, TPG, Tunstall, Twilio, Umlaut, Unilever, US Cellular, Västtrafik, Vattenfall, Verisign Comms Group, Verizon, Vietnamobile, Virta, Vivo, VoerEir, VOI, Volaris Group, Volvo, Walleye, WeDo Technologies, West, Westermo, Wideco Sweden AB, XConnect, Xintec, X-Shore, Xylem, Z Energy, Zoom, ZScaler, ZTE.
DATA & INTERACTIVE FORECAST
Juniper Research's latest “Global IoT Roaming Market forecast” provides leading market research into key metrics and statistics that provide next level insight into the IoT roaming market of 60 countries. The research suite includes:
5-year benchmark forecasts for key metrics by 8 regions and 60 country-level splits, including:
- Latin America:
- Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay
- West Europe:
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK
- Central & East Europe:
- Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine
- Far East & China:
- China, Hong Kong, Japan, South Korea
- Indian Subcontinent:
- Bangladesh, India, Nepal, Pakistan
- Rest of Asia Pacific:
- Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam
- Africa & Middle East:
- Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates
Juniper Research's “Global IoT Roaming Market forecast” provides insight into the following key metrics:
- 3G Roaming, including:
- Total Number of 3G Roaming Connections
- Total 3G Roaming Revenue
- Total Data Generated by 3G Roaming
- 4G Roaming, including:
- Total Number of 4G Roaming Connections
- Total 4G Roaming Revenue
- Total Data Generated by 4G Roaming
- 5G Roaming, including:
- Total Number of 5G Roaming Connections
- Total 5G Roaming Revenue
- Total Data Generated by 5G Roaming
- LPWA Roaming, including:
- Total Number of LPWA Roaming Connections
- Total LPWA Roaming Revenue
- Total Data Generated by LPWA Roaming
Access to the full set of forecast data of 49 tables and over 22,300 datapoints.
Interactive Excel Scenario tool allowing users the ability to manipulate Juniper Research's data for 5 different metrics.
Juniper Research's highly granular interactive Excels enable clients to manipulate Juniper Research's forecast data and charts to test their own assumptions using the Interactive Scenario Tool and compare select markets side by side in customised charts and tables. IFxls greatly increase clients' ability to both understand a particular market and to integrate their own views into the model.
FORECAST SUMMARY
Juniper Research anticipates that the total number of IoT roaming connections will rise from 145 million in 2023 to 600 million in 2028. This will necessitate the implementation of new roaming standards to detect, and monetise IoT roaming.
To achieve this operators must develop BCE-based IoT roaming solutions and monetisation strategies. Specifically, operators must invest in developing new charging models for IoT roaming ,that utilise the flexibility and efficiency of the protocol to optimise roaming monetisation.
By introducing BCE and continuing to innovate their IoT roaming offerings, Juniper Research anticipates that operators will be able to grow their revenue significantly over the next five years, with it being forecasted that total operator IoT roaming revenue will rise from $690 million in 2023, to $1.5 billion in 2028.
Juniper Research anticipates that Vodafone Roaming Services will be the best positioned to capitalise on this growth, with the company being found as the market leader, via the Juniper Research's Competitor Leaderboard. The Competitor Leaderboard analysed 18 key IoT roaming vendors, as well as the innovation and future prospects of vendors.
The top 5 vendors are ranked as followed:
- 1. Vodafone Roaming Services
- 2. Telefónica
- 3. Tata Communications
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Vodafone Roaming Services has retained its market leader status from last years analysis, through continuing to innovate its IoT roaming offerings. The company has continued to invest in deploying new IoT networks, such as NB-IoT, and LTE-M. It has also invested significantly into developing and improving its IoT management solutions for operators, and enterprises.
Additionally, Telefónica has risen six places in our ranking. Crucial in driving Telefónica'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.