A new study by Juniper Research, the foremost experts in roaming, 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 monetize IoT roaming. To capitalize on this substantial growth in connections, the report identified BCE (Billing & Charging Evolution) as a critical technology that will enable operators to identify new roaming connections. In turn, this will allow operators to fully maximize inbound roaming revenue.
The research suite included the latest edition of Juniper Research’s Competitor Leaderboard covering the IoT roaming market. It analyzed the comprehensiveness of offerings across 18 key IoT roaming vendors, as well as the innovation and future prospects of vendors. The top 5 vendors are ranked as followed:
Vodafone Roaming Services
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 Vodafone Roaming Services as the leading IoT vendor to enable operators to maximize future inbound roaming revenue.
Telefónica – The Big Mover in 2023
Meanwhile, Telefónica has risen six places in Juniper’s 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 monetization process. For example, the company has continued to innovate with BCE, and services that assist operators in managing different roaming regulations.
Source: News Ghana