According to the latest research conducted by Kaleido, there has been a significant growth in roaming data, which is set to revolutionize international connectivity and has been driven by the rapid adoption of 5G services by consumers. According to the study, both individual users and IoT devices have experienced a yearly increase of up to 36% in their usage of roaming data. Forecasts indicate that data usage will reach nearly 5000 Petabytes by 2024.
The Kaleido report states that 5G roaming options are currently available in over 60 global markets. It is worth noting that these implementations are currently operating in 5G NSA (Non Standalone) mode, utilizing existing 4G infrastructure. The report also predicts that the number of active users using 5G roaming will surpass 100 million for the first time in 2024.
One of the key aspects highlighted in the Kaleido study is the continued adoption of BCE (billing and charging evolution) models and access fees by service providers. This trend is expected to contribute to a 79% revenue growth in IoT roaming compared to 2019 levels.
Nitin Bhas, Chief Analyst at Kaleido, emphasizes the accelerated progress made by operators in testing and implementing essential products and functionalities for 5G SA roaming. Bhas predicts that commercial deployments of 5G SA roaming will emerge in 2024, initially focusing on Asian and European markets, and gradually expanding to Europe and North America.
An interesting observation in the Kaleido report is the contrasting perspective compared to previous forecasts by Juniper Research, which estimated revenues from roaming data to be around $10 billion by 2024. The wide market perspective in the report likely accounts for the significant difference. The growth of 5G roaming activity, which is set to transform the international data landscape, represents a remarkable advancement in connectivity and technological evolution.
As the world embraces the transformative power of 5G, the future of data roaming becomes increasingly promising. With improved speeds, lower latency, and extended coverage, customers can expect seamless connectivity anywhere, truly connecting the world like never before.
The source of the article is from the blog crasel.tk