Global Roaming Tariff Market Size By Type (Regional, National, International), By Distribution Channel (Retail Roaming, Wholesale Roaming), By Service (Data, SMS), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Roaming Tariff Market Size By Type (Regional, National, International), By Distribution Channel (Retail Roaming, Wholesale Roaming), By Service (Data, SMS), By Geographic Scope And Forecast
Roaming Tariff Market Size And Forecast
Roaming Tariff Market size was valued at USD 76.22 Billion in 2024 and is projected to reach around USD 120.48 Billion by 2031, growing at a CAGR of 5.89% from 2024 to 2031.
Major corporations have ultimately found new approaches and technologies to address issues and stabilize the industry. This will lead to substantial market growth over the forecasted period. The Global Roaming Tariff Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Roaming Tariff Market Definition
Roaming is a wireless telecommunication refers to the ability for a cellular customer to automatically make and receive voice calls, send and receive data, or access other services. The roaming tariff means the fees charged on a per-minute basis for wireless voice service, per text message, and per megabyte per second for data service provided. It is categorized into regional, national, international, inter-standard roaming, mobile signature roaming, and others.
The tariff rates differ by company, location, type, and service provider. It finds extensive applications in the telecommunication industry, electronics, and smartphone applications. The market is highly consolidated and exemplified by high competition. The companies are majorly focusing on mergers and acquisitions as their growth strategies.
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Global Roaming Tariff Market Overview
The growing adoption of 4g enabled increasing smartphones and the emergence of 5G technology across developed economies across the globe, the rise in international tourism activities, and the increasing number of internet users are expected to boost the growth of the Global Roaming Tariff Market. Moreover, an increase in the subscription of LTE owing to broader network coverage, growing population, and higher purchasing power of the public is anticipated to propel the market growth.
Furthermore, the launch of 5g services globally is likely to drive the demand for the forecast period. However, government regulations to reduce the tariff margins of network providers, is hampering the overall market growth. Nevertheless, the advancements in smartphones and communication technologies, new product development, and untapped potential in emerging markets offer favorable growth opportunities.
Global Roaming Tariff Market Segmentation Analysis
The Global Roaming Tariff Market is segmented on the basis of Type, Distribution Channel, Service, and Geography.
Roaming Tariff Market, By Type
- Regional
- National
- International
- Others
Based on Type, the market is bifurcated into Regional, National, International, and Others. Out of which the international roaming services segment will dominate the Global Roaming Tariff Market due to the growing international tourism and trade across the globe. The international Roaming Tariff Market will be further escalated considering the growing rates of international telecom tariffs. For instance; in the U.S., national and international roaming shares are growing owing to the presence of key players such as T‑Mobile USA, Inc. and Verizon Communications, Inc. These key players must sign national roaming agreements to offer international roaming services globally.
Roaming Tariff Market, By Distribution Channel
- Retail Roaming
- Wholesale Roaming
Based on Distribution Channel, the market is bifurcated into Retail Roaming and Wholesale Roaming. Out of which, the Wholesale roaming segment dominates the Global Roaming Tariff Market during the forecast period as the companies started cutting down wholesale roaming charges, especially for the invasion of Ukraine in February 2022. This has enabled wider adoption of network services provided by such companies, which has paved the way for market growth in the coming years.
The wholesale roaming is one of the highest processes due to technological advancement in the latest telecom services such as blockchain helps in improving network efficiency, and reducing roaming costs among others, contributing to the growth of the wholesale segment during the forecast period.
Roaming Tariff Market, By Service
- Data
- SMS
- Voice
Based on Service, the market is bifurcated into Data, SMS, and Voice. Out of which, the data roaming tariffs segment dominates the Global Roaming Tariff Market during the forecast period. This is due to the presence of a large number of companies that are offering data roaming services, across several countries. For instance, in April 2022, SWAN (Slovakian telecommunication operators) launched 5G roaming services across 7 European Union countries.
Roaming Tariff Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Based on Geography, The Global Roaming Tariff Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The Asia Pacific region dominates the Global Roaming Tariff Market owing to the growing demand for international trade and tourism across the regions. Also, a rise in the number of international tourists, cheaper roaming charges, and the presence of global companies among others is likely to propel the Global Roaming Tariff Market growth during the forecasted period. However, some underlying factors have pushed the growth of the Asia Pacific region in the market such as the expansion of network coverage by local telecommunication providers. Additionally, the Asia Pacific region is expected to witness significant growth due to rising demand from startups and import-export businesses across developing Asian economies such as India.
These parent regions are further segmented as follows; Asia Pacific (China, India, Japan, Rest of APAC), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), North America (US, Canada, Mexico), Latin America (Brazil, Argentina, Rest of LATAM), and Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA).
Key Players
The “Global Roaming Tariff Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are America Movil, AT&T Inc., Bharti Airtel Ltd., China Mobile Ltd., Deutsche Telekom AG, Digicel Group Mobile (Sprint Corporation), Telefonica SA, Verizon Communications Inc., Vodafone Group plc, and Others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its Service Type benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Roaming Tariff Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Roaming Tariff Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
Unit | Value (USD Billion) |
Key Companies Profiled | America Movil, AT&T Inc., Bharti Airtel Ltd., China Mobile Ltd., Deutsche Telekom AG, Digicel Group Mobile (Sprint Corporation), Telefonica SA, Verizon Communications Inc., Vodafone Group plc, and Others. |
Segments Covered | By Type, By Distribution Channel, By Service, and By Geography. |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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