Wholesale Roaming Expedition: Embarking on a 4.2% CAGR Adventure with FMI’s Sustainable Solutions

Wholesale Roaming Market

From 2023 to 2033, the wholesale roaming market is predicted to rise at a CAGR of 4.2%, indicating stable growth in the future. The measured CAGR of 2.1% between 2018 and 2022, on the other hand, implies a comparatively slow development rate throughout that period. Despite this, the industry is expected to develop significantly in terms of market value, rising from US$ 41,656.1 million in 2023 to US$ 63,056.7 million in 2033, providing attractive prospects for wholesale roaming enterprises.

The wholesale roaming market is critical in the telecoms sector because it allows mobile subscribers to stay connected when traveling outside of their home network service region. Further, the expanding number of mobile users, rising international travel, and rising demand for data services are driving the industry.

The need for dependable and cost-effective roaming services has increased as many individuals travel globally, accelerating the expansion of the wholesale roaming industry. Furthermore, the proliferation of smartphones and increased data usage have increased the need for effective roaming solutions.

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The market is also constrained by various constraints and problems. The complicated regulatory structure controlling international roaming agreements and rates is a big impediment. Further, stringent restrictions in many countries might make it hard for mobile network providers to negotiate favorable roaming arrangements, reducing profit margins.

The rise of Over-the-Top (OTT) services has put conventional roaming earnings under pressure, as users now have access to other communication channels that do not require traditional roaming services.

There are also prospects for expansion and innovation in this dynamic sector. With the introduction of 5G technology, there is enormous potential to improve roaming services by providing fast data rates, low latency, and better network performance.  To succeed in the ever-changing telecoms ecosystem, wholesale roaming market participants must embrace technology developments, regulatory compliance, and strategic collaborations.

Key Takeaways

  • In the United States, the market is expanded at a CAGR of 19.4% in 2022.
  • The United Kingdom is predicted to develop steadily, with a CAGR of 3.2% by 2033, driven by increased international travel and the desire for seamless mobile connectivity overseas.
  • The wholesale roaming market in India is expected to develop at a CAGR of 4.6% by 2033, owing to an increase in outbound travelers and collaborations between Indian mobile operators and overseas carriers.
  • Japan’s market has a compound annual growth rate of3% as per the forecast for 2022 in the global market.
  • China’s wholesale roaming market is expected to thrive at a CAGR of 5.6% by 2033, owing to an increase in foreign travelers and the government of China’s initiatives to boost global telecommunication cooperation.

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Competitive landscape

The existence of numerous prominent competitors in the telecommunications sector characterizes the competitive environment of the wholesale roaming market. Key mobile network operators, telecommunication service providers, and global roaming exchange operators are critical rivals in the wholesale roaming business. Additionally, these firms get into wholesale agreements to provide international roaming services to their subscribers when they travel overseas.

Some organizations specialize in offering wholesale roaming services to small mobile network operators, allowing them to offer roaming services to their clients without the need for several bilateral agreements with overseas partners. Factors like service quality, cost-effectiveness, and the capacity to provide seamless connectivity across international borders drive the competitive landscape.

Recent Developments:

  • Vodafone, a renowned telecommunications firm, has significant wholesale roaming agreements with worldwide network operators, allowing its users to smoothly access internet, voice, and message services while traveling overseas.
  • Telefonica has formed strong alliances with several foreign operators, offering its wholesale roaming services to enable mobile network operators and their users to stay connected when traveling internationally.

Market Segments Covered in Wholesale Roaming Market Analysis

By Service :

  • Data
  • SMS
  • Voice

By Roaming Type :

  • Pre-paid
  • Post-paid

By Region :

  • North America
  • Europe
  • Asia Pacific
  • The Middle East and Africa
  • Latin America

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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