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International Travel's Impact On The Roaming Tariff Market: Transformative Forces Shaping the Roaming Tariff Market Landscape in 2025
Roaming Tariff Market
What Is the Expected CAGR for the Roaming Tariff Market Through 2025?
The market size for roaming tariffs has seen substantial growth in the past few years. It's projected to increase from a worth of $71.58 billion in 2024 to $76.12 billion in 2025, upholding a compound annual growth rate (CAGR) of 6.3%. Factors contributing to the growth during the historic period include globalization, technological progress, regulatory transformations, customer needs, market rivalry, economic development, collaborations, and alliances.
What's the Projected Size of the Global Roaming Tariff Market by 2029?
The market size for roaming tariffs is anticipated to witness robust growth in the upcoming years, expanding to a worth of $99.05 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. A myriad of factors like 5G implementation, Internet of Things (IoT) proliferation, data privacy laws, emerging markets, environmental sustainability, digital transition, and the impact of COVID-19 are expected to foster growth during the forecast period. Key trends for the forecast period encompass 5G roaming services, IoT roaming solutions, tailor-made tariff plans, virtual SIM innovation, incorporation of blockchain, AI-backed customer service, and adaptable data plans.
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Top Growth Drivers in the Roaming Tariff Industry: What's Accelerating the Market?
The rising trend of international travel is anticipated to spur the growth of the roaming tariff market in future. International travel, which comprises journey between countries or across international lines, is becoming increasingly accessible and convenient owing to technological enhancements in the transportation sector, for example, more efficient and faster aircrafts. Additionally, the expansion of the global economy along with an increase in disposable incomes have facilitated more individuals to go on overseas trips. Roaming tariff management solutions streamline and ease international connectivity for mobile operators, thereby helping them manage expenses and guarantee uninterrupted communication for travellers across global networks. For instance, the International Trade Administration (ITA), a US Department of Commerce, reported that in May 2023, international visitor arrivals in the United States stood at 5.36 million, demonstrating a 26% hike from May 2022. Similarly, outbound travel departures by U.S. citizens from the United States were 8.44 million in May 2023, indicating an uptick of 24% from May 2022. Hence, the increasing span of international travel is propelling the growth of the roaming tariff market.
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What Trends Will Shape the Roaming Tariff Market Through 2029 and Beyond?
Leading businesses within the roaming tariff sector are creating affordable solutions, like plug-and-play services, to improve connection and minimize travel expenses. A plug-and-play solution in the context of roaming refers to a service or system that permits users to effortlessly utilize mobile network services when traveling internationally, without the need for intricate setup or configuration. For example, in April 2024, Etisalat &, a telecom group based in the United Arab Emirates, introduced Roaming-as-a-Service (RaaS), a revolutionary addition to their suite of managed services. This plug-and-play solution tackles the difficulties encountered by mobile network operators (MNOs) with managed roaming services. RaaS gives third-party network providers direct access, thus, upgrading their roaming abilities. Moreover, RaaS offers a comprehensive managed roaming service with analytical reporting tools, allowing operators to simplify their processes and achieve better rates.
What Are the Main Segments in the Roaming Tariff Market?
The roaming tariffmarket 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
Subsegments:
1) By Regional: Intra-Regional Roaming, Cross-Border Roaming
2) By National: Domestic Roaming, Roaming Agreements Between Local Carriers
3) By International: Voice Roaming, Data Roaming, SMS Roaming
4) By Other Types: Wi-Fi Roaming, Satellite Roaming, Virtual Roaming
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Which Top Companies are Driving Growth in the Roaming Tariff Market?
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
Which Regions Will Dominate the Roaming Tariff Market Through 2029?
Europe was the largest region in the roaming tariff market in 2024. 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.
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