Tuesday, 21 November 2023 17:56

90 million low-power IoT roaming connections to grow at 490 million by 2028 Featured

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Ninety million low-power IoT roaming connections in 2023 will spike to over 490 million connections by 2028, according to a new study by market research firm Juniper Research.

Low-power networks include NB-IoT (narrowband-IoT) and LTE-M (Long-term evolution for machines), connect devices and sensors over cellular networks.

These are used to monitor environments in industries including smart cities, agriculture, and manufacturing.

This substantial growth of 560% over the next five years will be driven by increased bilateral roaming agreements that cater specifically to these low-power devices.

However, the report warns that operators are still underprepared to capitalise on this market shift and the significant roaming revenue arising.

Juniper Research said a key challenge is operators’ inefficiency in detecting low-power devices roaming on their networks.

Inability to detect devices means operators could lose potential revenue from the undetected devices.

Due to their low data usage and intermittent connectivity, these devices require constant network monitoring to fully maximise roaming revenue. Therefore, the report recommends that operators partner with vendors who can provide AI-based roaming detection services.

These services will automate the continuous assessment of all roaming connections on their network and identify low-power devices that sporadically roam onto networks.

“Operators must fully leverage the insights gained from AI‑based detection tools to introduce premium billing of roaming connections to further maximise roaming revenue,” remarked research author Alex Webb.

“This must be done by implementing roaming agreements that price roaming connectivity on network resources used and time connected to the network.”

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Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

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