Roaming Tariff Industry Will Hit Big Revenues In Future

Some major factors driving the growth of the roaming tariff industry include the adoption of 3G, 4G, and 5G networking, increasing smartphone adoption, and rising international tourism, among others.

Roaming Tariff Industry Overview

 

The global roaming tariff market size was valued at USD 72.65 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030.

 

Some major factors driving the growth of the roaming tariff industry include the adoption of 3G, 4G, and 5G networking, increasing smartphone adoption, and rising international tourism, among others. Furthermore, increasing adoption of high-end mobile devices enabled with 3G, and 4G networking capabilities are also expected to drive market growth. Similarly, the emergence of 5G roaming services is also anticipated to power the development of the roaming tariff industry.

 

Additionally, owing to intense competition among key players, companies are engaged in introducing international roaming packages to maintain their customer base since customers switch from one service provider to the other due to price differentiation. These factors are expected to fuel market growth.

 

Gather more insights about the market drivers, restrains and growth of the Roaming Tariff Market

 

Roaming enables users to use their mobile devices outside the geographical coverage that home network operators provide. Roaming tariffs are the extra charges roamers pay when entering a foreign network. The additional charges are paid for various roaming services, such as SMS, data, and voice. Multiple factors are anticipated to fuel the growth of the roaming tariff industry. The rising development of mobile phone users, the growing popularity of 3G and 4G-enabled smartphones increasing unique subscribers, and mobile internet penetration are anticipated to positively impact the market growth over the forecast period.

 

Although international tourism has been a major contributor to the growth of the roaming tariff industry, a free trade agreement between various countries across the globe is expected to decelerate the growth of the roaming tariff industry. For instance, in January 2023, Brazil announced the scrapping of roaming charges for visitors to Chile by end of January 2023. This move comes as promised by a free trade agreement between the 2 countries. The mobile operators and MVNOs which offer international roaming services to users who are passing through Chile will be compelled to supply with the same tariff price as offered in Brazil. 

 

Browse through Grand View Research's Communication Services Industry Research Reports.

 

  • The global mobile VoIP market sizewas valued at USD 44.99 billion in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030. 
  • The global wireless testing market size was estimated at USD 14.55 billion in 2023 and is expected to grow at a CAGR of 12.4% from 2024 to 2030.

 

Roaming Tariff Market Segmentation

 

Grand View Research has segmented the global roaming tariff market based on roaming type, distribution channel, service, and region:

Roaming Tariff Type Outlook (Revenue, USD Million, 2018 - 2030)

  • National
  • International

Roaming Tariff Distribution Channel Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Retail Roaming
  • Wholesale Roaming

Roaming Tariff Service Outlook (Revenue, USD Million, 2018 - 2030)

  • Voice
  • SMS
  • Data

Roaming Tariff Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)

 

Key Companies profiled:

  • America Movil
  • AT&T Inc.
  • Bharti Airtel Ltd.
  • China Mobile Ltd.
  • Deutsche Telekom AG
  • Digicel Group
  • T-Mobile (Sprint Communication)
  • Telefonica SA
  • Verizon Communications Inc.
  • Vodafone Group plc

 

Order a free sample PDF of the Roaming Tariff Market Intelligence Study, published by Grand View Research.

 


nayara

135 Blog posts

Comments