The roaming tariff global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Roaming Tariff Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The roaming tariff market size has grown strongly in recent years. It will grow
from $66.93 billion in 2023 to $71.58 billion in 2024 at a compound annual
growth rate (CAGR) of 7%. The growth in the historic period can be attributed
to globalization, technological advancements, regulatory changes, consumer
demand, market competition, economic growth, partnerships, and alliances.
The roaming tariff market size is expected to see strong growth in the next few
years. It will grow to $94.15 billion in 2028 at a compound annual growth rate
(CAGR) of 7.1%. The growth in the forecast period can be attributed to 5G
deployment, IoT expansion, data privacy regulations, emerging markets,
environmental sustainability, digital transformation, and COVID-19 impact.
Major trends in the forecast period include 5G roaming services, IoT roaming
solutions, personalized tariff plans, virtual SIM technology, blockchain
integration, AI-driven customer support, and flexible data plans.
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Scope Of Roaming Tariff Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Roaming Tariff Market Overview
Market Drivers -
The expanding scope of international travel is expected to propel the growth of
the roaming tariff market going forward. International travel refers to
traveling between countries or across international borders. The advancements
in transportation technology, such as faster and more efficient airplanes, have
made travel more accessible and convenient. Additionally, the growth of the
global economy and the rise in disposable incomes have enabled more people to
afford international trips. Roaming tariff management solutions simplify and
streamline international connectivity for mobile operators, allowing them to
manage costs and ensure seamless communication for travelers across global
networks. For instance, in May 2023, according to the International Trade Administration
(ITA), a US-based Department of Commerce, international visitor arrivals to the
United States totaled 5.36 million, marking a 26% increase compared to May
2022. Similarly, U.S. citizen outbound travel departures from the United States
totaled 8.44 million in May 2023, reflecting a 24% increase compared to May
2022. Therefore, an expanding scope of international travel is driving the
roaming tariff market.
Market Trends -
Major companies operating in the roaming tariff market are developing cost-effective
services, such as plug-and-play solutions, to enhance connectivity and reduce
travel costs. A plug-and-play solution for roaming refers to a system or
service that allows users to easily access and use mobile network services
while traveling abroad without requiring complex setup or configuration. For
instance, in April 2024, Etisalat &, a United Arab Emirates-based telecom
group, launched Roaming-as-a-Service (RaaS), a new addition to its managed
services portfolio. This plug-and-play solution addresses the challenges mobile
network operators (MNOs) face with managed roaming services. RaaS provides
third-party network providers with direct access, allowing them to enhance
their roaming capabilities. RaaS offers a complete managed roaming service with
analytical reporting tools, enabling operators to streamline operations, and
access better rates.
The roaming tariff market covered in this report is segmented –
1) By Type: Regional, National, International, Other Types
2) By Service: Voice, Short Message Service (SMS), Data
3) By Distribution Channel: Retail Roaming, Wholesale Roaming
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Regional Insights -
Europe was the largest region in the roaming tariff market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the roaming tariff market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the roaming tariff market are China Mobile Ltd.,
Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, T-Mobile US
Inc., SoftBank Group Corp., Vodafone Group plc, Orange Group, Telefonica SA,
NTT Docomo Inc., BT Group plc, TIM S.p.A., Telecom Italia S.p.A., Telstra
Corporation Limited, Telus Corporation, SK Telecom Co. Ltd., MTN Group, Rogers
Communications Inc., Swisscom AG, Singtel, KPN N.V., Airtel Africa, Turkcell,
Telekom Malaysia Berhad, Hutchison Telecommunications (Hong Kong) Limited
Table of Contents
1. Executive Summary
2. Roaming Tariff Market Report Structure
3. Roaming Tariff Market Trends And Strategies
4. Roaming Tariff Market – Macro Economic Scenario
5. Roaming Tariff Market Size And Growth
…..
27. Roaming Tariff Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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