IOT ROAMING SURPASSES 600 MLN BY 2028 - JUNIPER RESEARCH

_​Juniper Research Competitor Leaderboard for IoT Roaming (Graphic: Business Wire)

KUALA LUMPUR, Sept 11 (Bernama) – There will be over 600 million roaming Internet of Things (IoT) connections by 2028; rising from 145 million in 2023, according to a new study by Juniper Research.

In a statement, Juniper Research said 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 Billing & Charging Evolution (BCE) as a critical technology that will enable operators to identify new roaming connections. In turn, this will allow operators to fully maximise inbound roaming revenue.

The research suite included the latest edition of Juniper Research’s Competitor Leaderboard covering the IoT roaming market. It analysed the comprehensiveness of offerings across 18 key IoT roaming vendors, as well as the innovation and future prospects of vendors.

The top five vendors are Vodafone Roaming Services, Telefónica, Tata Communications, TNS and BICS.

Vodafone Roaming Services’ continued expansion of its global IoT roaming network results in the company retaining its market-leading position.

Its comprehensive portfolio of IoT management solutions and significant coverage places the company as the leading IoT vendor to enable operators to maximise future inbound roaming revenue.

Meanwhile, Telefónica has moved up six spots in the 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.

Juniper Research has, for two decades, provided market intelligence and advisory services to the global telecommunications sector, retained by many of the world’s leading network operators and communications platforms.

-- BERNAMA