Monday, June 24, 2024
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    Fraudulent data roaming traffic will rise by nearly 700% over the next five years, study warns

    Fraudulent data roaming traffic could reach 218 Petabytes (PB) by 2028; driven by the evolution of sophisticated fraudulent tactics such as SIM card swapping, according to the latest data from Juniper Research’s Roaming Market Intelligence Centre.

    Global outbound roaming data will grow from 230,000PB in 2023 to over 2.2 million PB by 2028; driven by the rise of data-intensive 5G roaming connections, the study suggest. However, this growth in roaming traffic will lead to increased opportunities for fraudsters, such as SIM box fraud, in which data is allocated through local routes rather than monetisable roaming channels.

    Find out more about the new report, Global Roaming Fraud Market 2023-2028, or download a free sample.

    Juniper Research also interviewed leading roaming vendors, who agreed that bilateral 5G roaming agreements are necessary to detect these fraudulent connections. These agreements will enable operators to maximise future roaming revenue in a market anticipated to generate $8 billion globally by 2028.

    The new study evaluated roaming fraud across a number of key channels, including voice, SMS, consumer and IoT devices across 60 countries.

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