Global Roaming Tariff Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
Global Roaming Tariff Market Overview:
“The global Roaming Tariff Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Roaming tariffs or charges are legitimate fees that consumers are contractually obligated to pay, and usually applies when an individual travels or leaves a ‘home’ network area, and ‘roams’ onto the coverage area or network of another service provider.
In light of the recent COVID-19 outbreak, global populations have been forced to practice social distancing, resulting in an enormous number of individual’s conducting their day-to-day activities such as work, etc. from the confines of their respective homes.
This has led to an upsurge in data consumption requirements forcing key industry players and respective governments to improve network capacities, and is expected to significantly impact the global roaming tariff market in the foreseeable future. On the other hand, due to this pandemic, there have been several travel restrictions imposed by respective governments on the movement of individuals presently, this factor is expected to have an immensely negative impact on the revenue growth of the global roaming tariff market in the years to come.
The increasing number of mobile phone users, and the rising penetration of the mobile internet usage, as well as the rise in the adoption of 3G and 4G enabled devices is also expected to influence the global roaming tariff market.
Segmentation of the global roaming tariff market is as follows:
In terms of roaming type, the international roaming segment accounted for the majority revenue shares of the global roaming tariff market in 2019. This can be accredited to the initial rise in the number of international travelers in 2019, however, those figures have since dwindled, resulting in the decline of the revenue growth of this segment. Although, the national roaming type segment is expected to register revenue growth in the coming years, due to the enforcement of strict government regulations.
With respect to distribution channel, the wholesale roaming segment accounted for the maximum number of revenue shares of the global roaming tariff market in 2019, due to the rising number of international tourists across the globe. The retail roaming segment is expected to index considerable revenue growth over the next 10 years.
On the basis of service, the data segment accounted for the highest number of revenue shares of the global roaming tariff market in 2019. However, the voice services and the SMS services segments are expected to register significant revenue growth respectively over the next 20 years.
Regional Segmentation and Analysis:
The markets in Europe accounted for the majority revenue share of the global roaming tariffs market in 2019, due to increasing disposable incomes of the middle and upper-class populations. The markets in the APAC region are slated to index the highest rates of revenue growth in the coming years.
Segmentation of the Global Roaming Tariff Market:
Segmentation by Roaming Type:
Segmentation by Distribution Channel:
Segmentation by Service Outlook:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- AT&T Inc.
- America Movil
- Bharti Airtel Ltd.
- China Mobile Ltd.
- Vodafone Group plc
- Verizon Communications Inc.
- Telefonica SA
- Sprint Corporation
- Deutsche Telekom AG
- Digicel Group
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