What is IoT Roaming Market Scope?
IoT roaming allows a mobile subscriber to LTE-M or NB-IoT networks to seamlessly connect their IoT devices, and access associated IoT services, around some countries or mobile networks, using the SIM from the same service provider, also when the IoT devices move outside the geographical coverage area of their home network. IoT roaming has generated more wholesale revenues than consumers during the COVID-19 outbreak.
Influencing Trend:
Need for the IoT Roaming Developed and Developing Countries and Rapidly Growing IT Industry
Market Growth Drivers:
Increasing Usage of IoT Roaming and Growing IT Networks around the Globe
Challenges:
Limitations of Traditional Connectivity, Lack of Standardized Regulation for IoT Roaming and High Dependency on the Internet
Restraints:
Least Access to Deployed Devices and High Roaming Charges
Opportunities:
Innovative Digital Services Provide a Huge Opportunity to the Market Growth
The IoT Roaming market study is being classified by Type (LPWANs, Cellular, Zigbee, Bluetooth and BLE and Others), by Application and major geographies with country level break-up.
The Global IoT Roaming is a fragmented market due to the presence of various players. The players are focusing on investing more in research & development activities and investing in it. These will boost new launches and enhance their market presence. The companies are also planning n strategic activities like mergers, acquisitions, and partnerships, which will help sustain them in the market and maintain their competitive edge. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global IoT Roaming market throughout the predicted period.
Genasys (Spain), AT&T Mobility (United States), Tata Communications (India), BICS (Belgium), UROS – Uni-fi Roaming (Finland), Fon (Spain), KnowRoaming (Canada), MTX connect (Luxembourg), MOBILE TORNADO GROUP (United Kingdom) and Spearline (Ireland) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are DATATRONICS, S.A. (Spain), Mobileum (fka Roamware) (United States), Defne Bilgi Islem Ltd (Turkey) and WorldSIM (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global IoT Roaming market by Type, Application and Region.
On the basis of geography, the market of IoT Roaming has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In February 2022, Paris Tofane Global the leading international communications solutions group, announces the acquisition of Simfony, an Internet of Things (IoT) Platform-as-a-Service provider.
In February 2023,BT switched on its IoT National Roaming SIMs for businesses across the UK, allowing them to keep smart devices connected wherever they are.
Key Target Audience
IoT Roaming Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
IoT Roaming Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in IoT Roaming Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in IoT Roaming industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.