Juniper Research has released a study in which growth in fraudulent data roaming traffic will reach 218 PB by 2028, driven by the evolution of sophisticated dishonest tactics such as SIM card swapping.
The new report, Global Roaming Fraud Market 2023-2028, predicts that Global outbound roaming data will grow from 230,000 PB in 2023 to over 2.2 million PB by 2028, driven by the rise of data-intensive 5G roaming connections.
However, this growth in roaming traffic will lead to increased opportunities for fraudsters, such as SIM box fraud, where data is allocated through local routes rather than monetisable roaming channels.
Juniper Research 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.