The rise in growth of mobile phone users globally coupled with growing popularity of 3G and 4G-enabled smartphones is anticipated to fuel market growth. Roaming enables a user to use their smartphone outside the geographical coverage where they have their home network. Roaming tariffs are the extra charges that roamers pay when they enter a foreign network. The additional charges are paid for various roaming services, such as SMS, data, and voice. Several factors are anticipated to fuel the growth of the roaming tariff market. Increasing unique subscribers, and mobile internet penetration is anticipated to drive market growth over the forecast period. According to the Global System for Mobile Communications, also known as GSM Association (GSMA), 2017 was a milestone year for the mobile industry, as this year, the industry witnessed over 5.0 billion unique subscribers.
The growing adoption of smartphones and the increasing inclination among consumers to use social media coupled with 3G & 4G is expected to fuel market growth. Digital platforms such as Google, Instagram, Facebook, Netflix, Amazon Prime, and various e-commerce websites are readily & easily available on Play stores or app stores that can be accessed by smartphones which is creating huge demand for the product. The mobile industry has witnessed a significant shift from traditional mobile devices to smartphones owing to the growing consumer emphasis on high-speed mobile networks coupled with digital transformation. Furthermore, rising consumer focus on online video streaming applications is creating the demand for uninterrupted mobile data services. In addition, users are inclined toward accessing this digital content while on business trips or traveling abroad, resulting in the use of mobile data services while roaming, which, in turn, is leading to the growth of the roaming tariff market.
The growing demand for fast network and the huge demand to enhance 3G & 4G networks is creating huge pressure on the network provider service. Increasing government intervention and regulatory pressure are anticipated to decrease the tariff margins of various network providers significantly. The growing pressure from users regarding the elimination of roaming tariffs coupled with Mobile Network Operators (MNO) need to heavily invest in improving operational service efficiency associated with roaming services. These factors are anticipated to hamper market growth over the forecast period.
This section will provide insights into the contents included in this roaming tariff market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Market drivers and restraints
Key market opportunities prioritized
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance
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