A new study from Juniper Research has estimated the global number of roaming IoT connections will grow by 500 per cent by 2027. The study found that these connections will likely increase from 300 million in 2022 to 1.8 billion by 2027.
The study included a Competitor Leaderboard, which assessed IoT vendors against a set of key indicators to derive their relative positioning in the matrix. These included a vendor’s capacity and capability, their product positioning, size of their operations, financial performance and the sophistication of their IoT roaming solution.
The Competitor Leaderboard ranked Vodafone Business, Tata Communications, TNS, BICS, Syniverse, and iBasis as the six leading IoT roaming vendors.
The research also found harnessing AI to detect permanent roaming connections is key to distinguishing services of leading vendors from their competitors. By enabling accurate identification of permanent roaming IoT connections, vendors will support operators in monetisation of these devices.
The full whitepaper can be accessed here.