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Through mobile roaming, the customers of one mobile provider can use the network of another when the subscriber's home network is not available. Therefore the network operators can acquire agility in providing new mobile communication services
Fremont, CA: A latest worldwide market study by Juniper Research suggests that, the global number of roaming subscribers will reach 1.1 billion by 2024. Presently there are 900 million such subscribers according to the recent update of 2020. The growth represents a 24 percent increase over the next four years. Besides this, the wholesale roaming revenue, including text messaging, voice, and data roaming, will reach a whopping $41 billion by 2024, from $37 billion in 2019.
The next five years are very crucial, and customer expectations are changing with each passing day. The mobile network operators must ensure they can provide the new 5G services to the subscribers while roaming away from the home network. It is expected that the majority of providers will offer services in alliance with sub-regional bilateral packages to have access to other networks.
Through mobile roaming, the customers of one mobile provider can use the network of another when the subscriber's home network is not available. Therefore the network operators can acquire agility in providing new mobile communication services.
The research done by Juniper Research also forecasts that an extensive roaming model or the wholesale model will be decisive in mitigating the risks and threats from high data traffic. The data traffic is generated by modern-day technologies, such as rich communication service (RCS) and 5G. To secure the use of each other's mobile networks, the operators formed a bilateral agreement among themselves, which is known as the wholesale roaming model. The agreements were made on the pre-aged costs and text messaging, fair usage of voice, and data services while roaming.
The existing wholesale roaming agreements need to be amended to accommodate vast amounts of data traffic generated by 5G connections, forecasted the Juniper Research.
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