Report Overview

Juniper Research’s new Data & Financial Clearing research provides a comprehensive assessment of this evolving market, including an analysis of factors influencing the current data and financial clearing market, such as the COVID-19 pandemic, the roll-out of 5G services, the expansion of IoT connectivity and the GSMA’s BCE (Billing & Charging Evolution) protocol. This report is aligned to 5-year forecasts for the market, including:
  • IoT Roaming Connections
  • Mobile Subscriber Roaming Connections
This research suite includes:
  • Market Trends & Strategies (PDF)
  • Competitor Leaderboard (PDF)
  • Market Data & Forecasting (PDF)
  • 12 months’ access to harvest online data platform
Key Market Statistics
Roaming Revenue Loss in 2021: $484m
Roaming Revenue Loss in 2026: $2.1bn
2021 to 2026 Revenue Loss Growth: 331%

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Key Features

  • Market Outlook: An evaluation of significant market drivers and strategic recommendations for key roaming stakeholders, including dedicated clearing vendors, network operators and roaming vendors.
  • Juniper Research Competitor Leaderboard: Key player capability and capacity assessment of 15 leading financial and data clearing vendors, including:
    • AMD Telecom
    • Araxxe
    • ARCH
    • Comfone
    • CSG
    • Emirates Data Clearing House
    • Ericsson
    • Mobileum
    • Nextgen Clearing
    • Subex
    • Syniverse
    • Telefónica Global Solutions
    • TI Sparkle
    • TNS
    • TOMIA
  • Emerging Technology Analysis: An evaluation of the critical technologies that are disrupting or will have a significant impact on the settlement industry, including:
    • IoT Connectivity
    • 5G Services
    • Blockchain Technology
  • BCE Analysis: An assessment of the GSMA’s BCE charging protocol, including an evaluation of the challenges associated with and the opportunities realised through its implementation within the clearing market.
  • Interviews with 10 leading data and financial clearing vendors, including:
    • Araxxe
    • BICS
    • Comfone
    • CSG
    • Ericsson
    • Subex
    • Syniverse
    • Telefónica Global Solutions
    • TNS
    • TOMIA
  • Benchmark Forecasts: 5-year forecasts are provided for the total number of roaming connections, total operator-billed roaming revenue, total operator-billed roaming revenue lost to leakage, and total data and financial clearing revenue. Forecast splits are included for IoT roaming connections and subscriber roaming connections.

Key Questions Answered

  1. How much will the data and financial clearing market be worth by 2026?
  2. How will the GSMA’s BCE protocol impact the data and financial clearing market?
  3. How will 5G impact existing data and financial clearing procedures?
  4. How can network operators best monetise IoT roaming traffic?
  5. Which data and financial clearing vendors are leading the market in 2021?

Companies Referenced

Interviewed: Araxxe, BICS, Comfone, CSG, Ericsson, Subex, Syniverse, Telefónica Global Solutions, TNS, TOMIA.
Case Studied: BICS.
Included in the Juniper Research Competitor Leaderboard: AMD Telecom, Araxxe, ARCH, Comfone, CSG, Emirates Data Clearing House, Ericsson, Mobileum, Nextgen Clearing, Subex, Syniverse, Telefónica Global Solutions, TI Sparkle, TNS, TOMIA.
Mentioned: 2 Degrees Mobile, A1 Telekom Austria Group, Accuris Network, Airtel, Aldea Solutions Inc, Altice, Amartus, América Móvil, Apple, Arkessa, Artificial Solutions, AT&T, AWS (Amazon Web Services), Axiata Digital Labs, Aydinli Group, BASE, Beeline, Bell Canada, Bhutan Telecom, Bouygues Telecom, Bridge Alliance, Bureau Veritas, C Spire, CBTS (Cincinnati Bell IT Services Division), Cell C, CenturyLink, CENX, Charter, China Mobile, China Telecom, Chunghwa Telecom, Ciena, Clear, Comcast, Connect2Roam, Convene Networks, CPA FERRERE, Cradlepoint, CSF, CTM, Daikin Applied Europe, Deutsche Telekom, Developing Solutions, DGIT Systems, Dhiraagu, Dialog, Digi, Digital Bold , DISH, DTAC, EI (Evolved Intelligence), ElevenPaths, Enimbos, Envivio , Ericpol, Etisalat, ETL Public Company, Evolved Intelligence, FarEasTone, France-IX, FYI Television, Genaker, Globe, Globitel, Google, Hong Kong Telecom, Hutchison Indonesia, ICON, Indosat Ooredoo, Infobip, Inmarsat, Inteliquent, Kathrein, KDDI, KIOSK Information Systems, Kitewheel, KMPG, KT Corporation, Liberty Global, M1 Limited, Maxis, Mediacom, MEF, Megafon, Microsoft, Movistar, MTC Namibia, MTN South Africa, MTS, Neurosoft , Niometrics, NodePrime, NodeWeaver, NTT Docomo, Ooredoo, Oppo, Optech, Optimus Digital, Oracle, Orange, Partitionware, Placecast, Polkomtel, Positive Technologies, R3, RealNetworks, Roamability, Roamingwise, RoamSmart, Roamsysnext, Rogers, Samsung, SaskTel, Sigos, Sim2Travel, Simfony, Singtel, Sky, SmarTone, Snowflake, Sprint, Starhome, Starhub, stc, Sunrise, Swisscom, TalkTalk, Tango Telecom, Telarix, Telcel, Tele2, Telekom Slovenije, Telenor, Telia, Telstra, Three, TIM, TIM Brazil, Timelessmind, T-Mobile, Trans Ocean Network, TravelSIM, Tunisie Telecom, Turkcell , Union Wireless, US Cellular, UTTR, VEON, Verizon, VidScale, Vietnamobile , Vodafone, Webe, WeDo Technologies, West, Xintec, XL Axiata, Zong CMPak Ltd.

Data & Interactive Forecast

Juniper Research’s Data & Financial Clearing forecast suite includes: 
  • Data and Financial Clearing Market Summary, including:
    • Total Number of Roaming Connections
    • Average Operator-billed Roaming Revenue per Roaming Connection
    • Total Operator-billed Roaming Revenue
    • Total Operator-billed Roaming Revenue Lost to Revenue Leakage
    • Average Revenue Leakage per Roaming Connection
    • Average Data and Financial Clearing Revenue per Roaming Connections
    • Total Data and Financial Clearing Revenue
  • Data splits are provided for subscriber roaming connections and IoT roaming connections.
  • Access to the full set of forecast data of 27 tables and over 8,700 datapoints.
  • Interactive Excel Scenario tool allowing users the ability to manipulate Juniper Research’s data for 5 different metrics.

Geographical splits: 38 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

Forecast Summary

Operators will lose around $484 million in roaming revenue from the misidentification of roaming data traffic this year. These losses are expected to rise to $2.1 billion by 2026; representing an absolute growth of 331%. The inability to distinguish between 4G and 5G data traffic using current standards will result in greater losses as the travel industry returns to pre-pandemic levels and 5G adoption increases.
  • Support by operators for the BCE (Billing & Charging Evolution) protocol will be a key strategy to minimise the extent of revenue leakage. The BCE is an end-to-end industry-wide standard defined by the GSMA that introduces new capabilities that identify roaming data traffic over different network technologies.
  • This issue of misidentifying roaming data will only be exacerbated by the rising number of 5G subscribers roaming internationally. There will be over 200 million 5G roaming connections by 2026; rising from 5 million in 2021. This growth is driven by increasing 5G adoption and a return to pre-pandemic levels of international travel. In response, operators must identify emerging areas of potential revenue leakage by leveraging machine learning in roaming analytics tools to efficiently assess roaming behaviour and data usage.
  • In addition, to effectively mitigate the growing complexity of clearing processes arising from increased demand for data when roaming, operators must move away from established roaming clearing practices in favour of BCE.
  • By combining BCE with AI-enabled roaming analytics suites, operators will be ideally positioned to deal with the rise in roaming data. Separating roaming traffic by network connectivity is essential to allow operators to charge roaming partners based on latency and download speed and maximise overall 5G roaming revenue.

Full Research Suite


Full Research Suite

  • Competitor leaderboard report (pdf)
  • Market trends & strategies report (pdf)
  • Market data, forecasts and analysis report (pdf)
  • Market data, forecasts and interactivity (xls)
  • harvest market data platform (12 months’ online access) - find out more

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Research Details

Juniper Research
Scarlett Woodford
Operators & Providers
8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East
Argentina, Australia, Austria, Belgium, Brazil, Canada, Colombia, Croatia, Czech Republic, Denmark, France, Germany, India, Indonesia, Italy, Japan, South Korea, Malaysia, Mexico, Netherlands, New Zealand, Norway, Pakistan, Philippines, Poland, Portugal, Qatar, Russian Federation, Saudi Arabia, South Africa, Spain, Sweden, Thailand, United Arab Emirates, UK, USA