According to a Juniper Research analysis, operator income from IoT roaming is expected to increase significantly. According to the research, the market will grow from £1.1 billion in 2024 to £2.2 billion in 2029, with 5G IoT devices expected to play a major part.

Despite contributing for less than 10% of IoT roaming growth, 5G IoT revenue is predicted to grow by over 40% by 2029. This exaggerated effect emphasizes how revolutionary 5G might be for the Internet of Things.

The report highlights how crucial 5G-enhanced roaming services are to this increase in revenue. For state-of-the-art 5G roaming 2029 Internet of Things applications, these enhanced services provide better quality of service, especially in Ultra Reliable Low Latency Communications (URLLC).

With the increasing importance of 5G-enhanced roaming in providing mission-critical services, operators are expected to adopt premium pricing schemes for these valuable connections. According to the research, URLLC connectivity is essential for success, especially in mission-critical, real-time applications like IoT-based maintenance for linked automobiles.

URLLC's enhanced dependability renders it crucial for businesses needing constant, high-speed connectivity for their Internet of Things implementations.

More advanced roaming steering capabilities are required with the introduction of improved connectivity, particularly between network slices. These conceptually independent and segregated portions of a 5G network, or "slices," are frequently designed with particular use cases or user groups in mind.

In order to route Internet of Things connections to the right network slice according to the particular needs of every use case, advanced roaming steering will be essential. This optimization guarantees that different IoT applications continuously meet quality of service standards.

According to the study's author, Alex Webb, operators need to give businesses the tools they need to input their connectivity needs in order to properly meet quality of service criteria. This will allow operators to direct Internet of Things roaming connections to the best available network slice.

This method effectively allocates resources to high-priority IoT connections, improving user experience while enabling operators to optimize the return on their network expenditures.

Operators who successfully utilize 5G technology and sophisticated network management techniques stand to gain significant advantages, as evidenced by the anticipated doubling of revenue from IoT roaming.