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Essay / Telecommunications Industry Trends
Table of ContentsIntroduction5th Generation, Internet of ThingsFuture Spending by Telecommunications ProvidersIntroductionThe telecommunications industry continues to be a critical force for growth, innovation, and disruption across multiple industries. We will see the first commercial deployments of 5G in the market in 2018. One of the most anticipated mobile technology platforms, 5G will be the connective tissue of the Internet of Things (IoT) and mobile media. Growing operator revenues is of critical importance. It is therefore critical to quickly identify investment opportunities across the telecommunications portfolio, including 5G, IoT and cross-sector partnerships, as well as a host of other growth opportunities. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay 5th Generation, Internet of Things Adoption of 5G would require huge investments in networks, technology and services over the years. Analysis suggests that an investment of $130 billion to $150 billion may be needed over the next five to seven years in the United States alone to adequately compete in broadband, rural coverage and densification wireless. Full and mass coverage of the 5G market is expected by around 2020. The telecom ecosystem expects IoT to become a key driver of future growth. These opportunities include the connected consumer and the broader universe of connected devices with applications that will significantly expand the reach of wireless for consumers and business users. The rise of these devices will generate billions and billions of new data sources and so this growth is expected to push the data processed by networks to zettabytes per year. Becoming an IoT connectivity service provider and offering Machine to Machine (M2M) devices can open up new revenue streams. Gartner predicts that there will be nearly 20 billion IoT-connected devices by 2020 and that providers of IoT products and services will account for $300 billion in revenue. CSP integration with media and content players: Companies that once offered only technology and distribution is shifting to content. The distinctions between print and digital, video games and sports, wireless and landline Internet access, pay and over-the-top (OTT) TV, social and traditional media are blurring. The driving factors are: a wider customer base, new sources of revenue growth, Personalization. Advanced digital technologies: with the introduction of IoT, AR/VR, RPA, Blockchain, SDN/ NFV, cloud services, big data and M2M learning, there will be huge opportunities to build products and services to support them. CSPs will need to master new approaches such as DevOps, minimum viable products, and agile computing. AR/VR: Although these are still emerging technologies, according to a research report, around 10% of consumers own a VR headset, which represents a relatively quick adaptation. curve for such a new product. Some statistics from Gartner Research: By 2020, networked CSPs will exploit 65% of digital ecosystem opportunities by primarily running (co-creating or providing) technology platforms, rather than delivering them through partners. By 2021, acquisitions will represent 20% of..