Archive | Telecom RSS for this section

Global Outlook for Telecom Services Growth in 2020

Global Outlook for Telecommunications Services Growth

Worldwide spending on telecom services and pay-TV services will reach $1,633 billion in 2019, and that’s an increase of 0.8 percent year-on-year, according to the latest market study by International Data Corporation (IDC).

via Digital Lifescapes

How 5G Will Generate $6.2 Trillion in Service Revenues

How 5G Will Generate $6.2 Trillion in Service Revenues

Fifth-generation (5G) wireless is expected to have 12 million connections worldwide by the end of 2019. The number of 5G connections will then grow rapidly to 205 million worldwide at the end of 2020.

via Digital Lifescapes

How 5G Will Enable Enhanced Mobile Broadband

How 5G Will Enable Enhanced Mobile Broadband

“What became clear is that although 5G will eventually enable a whole wealth of new applications and possibilities, for the near-term, it’s primarily focused on faster cellular networks for smartphones, or what the industry likes to call enhanced mobile broadband (eMBB).”

via TECHnalysis

Wireless Technology Trends will Fuel New IoT Apps

Wireless Technology Trends will Fuel New IoT Apps

According to ABI Research, Internet of Things (IoT) end markets will represent 31 percent of total Bluetooth and 27 percent of Wi-Fi device shipments in 2024 — that’s up from 13 percent and 10 percent respectively in 2018.

via Digital Lifescapes

Telecom Sector will Spend $11.2 Billion on AI by 2025

Telecom Sector will Spend $11.2 Billion on AI by 2025

Tractica forecasts that Communication Service Providers will spend $11.2 billion annually on AI-driven software solutions across eight use cases by 2025 — that’s up from $419 million in 2018.

via Tractica

Automobile Telematics Enable New App Development

Automobile Telematics Enable New App Development

According to the latest worldwide market study by Berg Insight, the number of active aftermarket car telematics units will grow at a compound annual growth rate (CAGR) of 20.6 percent from 58.7 million at the end of 2018 to 150 million at the end of 2023.

via Digital Lifescapes

Internet of Things Connectivity Solutions via Satellite

Internet of Things Connectivity Solutions via Satellite

By 2024, there will be 24 million IoT connections made via satellite, according to ABI Research. Their analysis unveils the long-term opportunity within the satellite space for the growth of IoT deployments, particularly in application verticals, such as agriculture and asset tracking.

via Digital Lifescapes