Summary: We outline three potential roles for telcos in the IoT, describing twelve potential application areas and forty use cases, as well as the structure and trends driving change. Looking beyond this we ask which market areas are most attractive, and what should telcos do within them? (Executive Briefing Service and Enterprise Cloud & ICT Stream, May 2017)
Below is a short extract from this 31 page Telco 2.0 Report that can be downloaded in full in PDF format by subscribers to the Executive Briefing Service here. To find out more about how to join or access this report please see here or call +44 (0) 207 247 5003.
IoT has been a hot topic since 2010, but despite countless IoT initiatives being launched questions remain about how to monetise the opportunity.
This report presents:
In the early days of the IoT (about five years ago) cellular connectivity was expected to play a major role - Ericsson predicted 50 billion connected devices by 2020, 20 billion of which would be cellular.
However, many IoT products have evolved without cellular connectivity, and lower cost connectivity solutions – such as SIGFOX – have had a considerable impact on the market.
Ericsson now forecasts that, although the headline number of around 50 billion connected devices by 2020 will remain the same, just over 1 billion will use cellular.
Despite these changes IoT is still a significant opportunity for telcos, but they need to change their IoT strategy to become more than connectivity providers as the value of this role in the ecosystem is likely to be modest.
The term IoT describes a diverse ecosystem covering a wide range of different connectivity types and use-cases. Therefore, to understand IoT better it is necessary to break it down into horizontal layers and vertical segments (see Figure 1).
Source: STL Partners
We are seeking input from our clients to shape our IoT research and have put together a short survey asking for your thoughts on:
To thank you for your time we will send you a summary of the survey results at the end of June.
...to access the other 28 pages of this 31 page Telco 2.0 Report, including...
...and the following figures...
...Members of the Executive Briefing Service can download the full 31 page report in PDF format here. For non-members, to find out more about how to join or access this report please see here or call +44 (0) 207 247 5003.
Technologies and industry terms referenced include: AT&T, Vodafone, SK Telecom, Deutsche Telekom, business models, Internet of Things, IoT, IoT verticals, smart home, smart manufacturing, utilities, surveillance, transportation, health, agriculture, extractive industries, logistics, retail, finance, smart metering, value chain.