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Juniper Research: Travel eSIM Users to Grow 440% Globally Over the Next 5 Years; Disrupting Traditional Roaming Market

News

Juniper Research: Travel eSIM Users to Grow 440% Globally Over the Next 5 Years; Disrupting Traditional Roaming Market
News

News

Juniper Research: Travel eSIM Users to Grow 440% Globally Over the Next 5 Years; Disrupting Traditional Roaming Market

2024-04-08 14:00 Last Updated At:15:10

BASINGSTOKE, England--(BUSINESS WIRE)--Apr 8, 2024--

A new study from Juniper Research, the foremost experts in telecommunications markets, found that the global number of travel eSIM users will grow from 40 million in 2024 to over 215 million by 2028.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240407967678/en/

Travel eSIMs provide an alternative to operators’ roaming services; allowing travellers to download a temporary local profile onto their device and avoid roaming charges.

The study predicts the rising cost of roaming internationally will drive the adoption of travel eSIM packages. It found in 2024, mobile subscribers will spend an average of $8.57 per GB of data when roaming, whereas travel eSIM users will spend $5.50 per GB. This will result in a 35% saving; creating a substantial value proposition for international travellers.

An extract from the new report, Global Travel SIMs & eSIMs Market: 2024-2028, is now available as a free download.

Benefits for Travel eSIM Vendors…

The study predicts that the rising penetration of eSIM-capable devices in many countries will provide a considerable platform for user growth. For example, more than half of connected devices in the US will have eSIMs installed in 2024; creating a large addressable market for travel eSIMs.

Research author Molly Gatford commented: “Despite the growing number of eSIM-capable devices, maximising the number of effective distribution channels by creating a seamless purchasing journey for consumers will be essential to growing travel eSIM package spend.”

… but Traditional Roaming Threatened

As the adoption of travel eSIM solutions increases, the study predicts that operators will lose over $11 billion globally to travel eSIMs. In response, the study recommends operators develop and implement their own travel eSIM solutions that will complement existing roaming packages.

The Research Suite

The new research suite offers the most comprehensive assessment of the travel SIMs & eSIMs market to date, including market analysis and in-depth forecasts for 60 countries. The dataset contains over 17,500 market statistics within a five-year period. It includes a ‘Competitor Leaderboard’ and ‘Country Readiness Index’.

View the Travel SIMs & eSIMs research: https://www.juniperresearch.com/research/telco-connectivity/roaming/travel-sims-esims-market-research-report/

Download the free sample: https://www.juniperresearch.com/resources/whitepapers/whitepapershow-travel-sims-esims-are-taking-off-in-2024/

Juniper Research has, for two decades, provided market intelligence and advisory services to the global telecommunications sector, and is retained by many of the world’s leading network operators and communications platforms.

Flying High: How Travel SIMs & eSIMs Are Revolutionising Roaming (Graphic: Business Wire)

Flying High: How Travel SIMs & eSIMs Are Revolutionising Roaming (Graphic: Business Wire)

HARTFORD, Conn. (AP) — The major traffic artery linking New England with New York will be closed in Connecticut for days after a tanker fire damaged a bridge over Interstate 95, Gov. Ned Lamont said Thursday.

The tanker truck filled with gasoline burst into flames in a three-vehicle crash Thursday on I-95 in southwest Connecticut, closing the East Coast’s main north-south highway and causing major traffic jams. While Lamont said there were no serious injuries in the 5:30 a.m. accident in Norwalk, the crash caused damage to the bridge above it.

“The heat from the burning fuel compromised some of the bridge, so that bridge is going to have to come down and that demolition is going to start first thing tomorrow morning,” Lamont said at a briefing Thursday evening.

He said the hope is to reopen the interstate by Monday morning.

“This bridge is less than 10 years old and, you know, but the damage was pretty severe due to the amount of gasoline that was in the tanker ignited directly underneath the bridge structure,” Connecticut Department of Transportation Commissioner Garrett Eucalitto said. “The steel did begin to overheat and warp.”

The tanker had been carrying a load of about 8,500 gallons (about 32,000 liters) when it crashed, officials said.

Text alerts were sent to residents of Connecticut, New York and New Jersey and trucking companies who use the route were notified to find alternative routes and means of travel, he said. U.S. Secretary of Transportation Pete Buttigieg also was notified.

“I know what an incredible inconvenience this is for people and all I can ask you to do is stay away from that area as best you can,” Lamont said during an earlier briefing in Hartford. “The traffic jams are horrendous.”

Traffic was backed up for dozens of miles (kilometers) during the morning rush hour and the crash left other highways and secondary roads in gridlock. The major alternate route in the area, the Merritt Parkway, cannot be used by trucks because the underpasses on that highway are too low. Slow moving detours were set up, taking traffic off the highway and around the accident scene.

The accident was reminiscent of last year's deadly accident in Philadelphia along I-95 when a tractor-trailer carrying gasoline lost control and caught fire, destroying a section of the highway.

Thursday's accident occurred under the Fairfield Avenue bridge. While damaged, the overpass did not appear in danger of collapsing, said Scott Hill, chief engineer for the Connecticut Department of Transportation.

Utility crews were working to replace downed wires and crews also needed to offload about 3,000 gallons (about 11,400 liters) of gasoline that remained on the tanker.

Environmental crews were also working to clean up gasoline and firefighting foam. The Department of Energy and Environmental Protection said the runoff was contained to a retention pond and did not make it into the Norwalk River.

The crash came just over a year after a similar wreck on I-95 in Connecticut that forced the closure of the highway.

In April 2023, another fuel truck caught fire after colliding with a stopped car on the Gold Star Memorial Bridge between New London and Groton. The fuel truck driver was killed. The crash shut down the southbound side of the bridge for hours, while the northbound side was closed briefly. The driver of the car was recently charged with negligent homicide.

——

Associated Press writer Dave Collins contributed to this report

In this image provided by the Connecticut Governor's Office, emergency personnel work at the scene of a fiery early morning crash that left both sides of Interstate 95, the East Coast’s main north-south highway, shut down in southwestern Connecticut., Thursday, May 2, 2024, in Norwalk, Conn. (Norwalk Fire Department/Connecticut Governor's Office via AP)

In this image provided by the Connecticut Governor's Office, emergency personnel work at the scene of a fiery early morning crash that left both sides of Interstate 95, the East Coast’s main north-south highway, shut down in southwestern Connecticut., Thursday, May 2, 2024, in Norwalk, Conn. (Norwalk Fire Department/Connecticut Governor's Office via AP)

In this image provided by the Connecticut Governor's Office, emergency personnel work at the scene of a fiery early morning crash that left both sides of Interstate 95, the East Coast’s main north-south highway, shut down in southwestern Connecticut., Thursday, May 2, 2024, in Norwalk, Conn. (Norwalk Fire Department/Connecticut Governor's Office via AP)

In this image provided by the Connecticut Governor's Office, emergency personnel work at the scene of a fiery early morning crash that left both sides of Interstate 95, the East Coast’s main north-south highway, shut down in southwestern Connecticut., Thursday, May 2, 2024, in Norwalk, Conn. (Norwalk Fire Department/Connecticut Governor's Office via AP)

This image provided by the Norwalk Police Department shows the scene of a tanker fire on I-95 in Norwalk, Conn., Thursday, May 2, 2024. Both sides of I-95, the East Coast's main north-south highway, were shut down — causing “horrendous” traffic jams — following the early morning crash involving a passenger car, a tractor-trailer and a tanker truck carrying 8,500 gallons (about 32,000 liters) of gasoline. (Norwalk Police Department via AP)

This image provided by the Norwalk Police Department shows the scene of a tanker fire on I-95 in Norwalk, Conn., Thursday, May 2, 2024. Both sides of I-95, the East Coast's main north-south highway, were shut down — causing “horrendous” traffic jams — following the early morning crash involving a passenger car, a tractor-trailer and a tanker truck carrying 8,500 gallons (about 32,000 liters) of gasoline. (Norwalk Police Department via AP)

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