What’s Happening in the Telecom IoT Industry.
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The impact of the Internet of Things(IOT) technology has been major in all sectors. The word industry 4.0 to crony digital transformation all is wooed by IoT. None the less is the telecom sector, with the augmentation of 5G and MIMO architectures, the telecom sector is quite relying on IoT-Based technologies.
The IoT and machine to machine technologies, along with the digital revolution, have become increasingly crucial in the telecommunication sector and are being continuously refined and enhanced. Various Telecom operators are now increasingly utilizing digital platforms that combine connectivity, mobile, analysis, security, and cloud in order to support business, which in turn facilitates better revenue opportunities for them. Some of the key applications, such as vehicle telematics, logistics tracking, industrial automation, traffic management, and others are supporting the growth of the Telecom IoT market.
The major factors that are boosting the growth of the telecom IoT market are the increasing adoption of Telco could, rising penetration of smart connected devices, and need for network bandwidth management and automation in communication operations. In addition, the evolving next-generation wireless networks and rising usage of smart technology & distributed applications are anticipated to provide significant growth opportunities for the telecom IoT market growth in the coming years.
The global telecom IoT market is segmented on the basis of offering, connectivity technology, network management solution, and end-user. Based on offering, the market is segmented as solution and services. Based on connectivity technology, the telecom IoT market is divided into cellular technologies, LPWAN, NB-IoT, and RF-Based. Further, based on network management solution the market is segmented as network performance monitoring and optimization, network traffic management, network security management. Furthermore, on basis of end-user the telecom IoT market is segmented as automotive, energy and power, healthcare, industrial, commercial infrastructure, others
The List of Companies
1. Aeris Communications
2. AT and T Inc.
3. Deutsche Telekom AG
4. Huawei Technologies Co., Ltd.
5. NTT Communications Corp.
6. Sprint Corporation
7. Swisscom AG
8. Telefonaktiebolaget LM Ericsson
9. Verizon Communications, Inc.
10. Vodafone Group plc