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Overview
There are a number of interesting developments occurring which offer opportunities for the telecoms sector and the key trends for 2019 relate to IoT; M2M; Cloud Computing; Data Centres; 5G and Artificial Intelligence. This BuddeComm explores the Key Telecoms Trends for 2019 and includes analyses, statistics, examples and trends.
Subjects include:
- Key global telecoms market statistics and trends for 2019;
- Global IoT and M2M market analyses and statistics;
- Global Cloud and Data Centres market analyses and statistics;
- Global Artificial Intelligence Insights;
- Global 5G development.
Executive Summary
New opportunities emerging for the telecoms sector
The wave of developments relating to smart cities, IoT, 5G, and overall data management is creating opportunities for those operating in the telecoms sector and related industries. In addition we are beginning to see developments and applications relating to Artificial Intelligence finally take shape.
For many years Artificial Intelligence (AI) was just a futuristic concept - but with recent progress in Machine Learning capabilities; the AI sector has been firmly pushed into the spotlight. In 2019 we will see this interest in Artificial Intelligence grow even further. As AI developments become more and more mainstream, driven by an intense interest in Smart Technologies - further applications and solutions will emerge.
AI is quickly becoming viewed by the telecoms industry as a way to gain a competitive advantage. Already we are seeing those involved in the broader telecoms industry using the term “AI” to promote various applications and services. The term is beginning to be loosely applied for promotion purposes and is currently an industry “buzz” word. None the less; it is encouraging to see so much attention being paid to the AI area as it offers exciting potential for society and the economy in general.
For the operators – many opportunities may lie in the applications, services and underlying infrastructure that solutions based on AI will require.
The emerging 5G technology has attracted intense interest from the ICT industry and wider community due to its potential to increase opportunities for developments related to IoT including M2M communications, virtual reality, Artificial Intelligence and mission critical communication. It is also expected to enhance overall capacity, speed and latency of the mobile networks.
The International Telecommunications Union (ITU) has research underway towards a global 5G standard. While it is expected that the full standardization process won’t be completed until around early 2020 – we are beginning to see a clearer picture of what 5G entails and many countries are beginning to consider spectrum requirements and conduct trials and testing.
Developments relating to the “Internet of Things” (IoT) and M2M are going to continue to gather pace in 2019. There are a number of technologies underpinning current IoT developments such as Wide Area Networks (WAN) and Low Power Wide Area (LPWA). One of the fastest growing M2M sectors is that relating to its use in the smartphones and the tablets market.
Globally there is a rising need for data management and cloud services fuelled by the increasing volume of data usage. As a result we are witnessing a growing number of data centres being built and there is further growth ahead in 2019. Developments relating to Smart Cities; IoT; M2M and Blockchain combined with the rising use of mobile data are all contributing to an enormous growth of data traffic – and there will be opportunities for the telecoms operators in the area of data management.
This BuddeComm annual publication identifies and explores some of the key trends for the global telecoms sector in 2019 including IoT/M2M; Cloud computing and Data Centres; 5G and Artificial Intelligence (AI). It includes analyses, statistics, examples, case studies and trends.
Key developments:
- Global spending on IoT will reach over US$1 trillion in the next few years.
- Shipments of mobile IoT devices are increasing at a rapid rate.
- Asia represents the largest region in terms of IoT spending.
- For the past few years, cloud computing has been one of the fastest growing areas for the IT sector.
- There will be an increased focus on large hyperscale data centres and many leading players are expanding internationally.
- Interest in Edge Computing is growing as it offers the ability to increase speeds and efficiency for the end user.
- AI capabilities are often being merged with Big Data solutions for data management applications.
- Smart phone device manufacturers are very interested in AI for mobile devices.
- 5G and Artificial Intelligence as important innovations required to enable smart cities.