Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
With IoT Connectivity Becoming a Commodity, Telecommunications Operators Must Differentiate by Developing Ecosystems that Support Industry-specific Solutions
* Required Fields
Pay by invoice
Telecom operators across the world are challenged by commoditization of connectivity and continuous decrease in revenues from fixed and mobile telephony. The situation is no different in Europe. The market in Europe is characterized by high internet penetration and over the years as the cost of sensors has declined, the affordability and viability of IoT-enabled devices and services has increased steadily. The region needs an infrastructure that can meet these changes in demand. As 4G, 5G, NB-IoT, LTE-M roll-outs are prioritized, operators are looking to augment their current offerings with IoT-enabled products and services. Operators in addition to enhancing their infrastructure capabilities are also exploring new revenue streams as IoT adoption grows across consumers and enterprises. They are offering vertical specific solutions, partnering with other companies in the IoT ecosystem to augment their offerings with capabilities in advanced technologies such as Cloud, artificial intelligence (AI), machine learning (ML), big data analytics (BDA), and Blockchain. Their efforts are visible in their infrastructure development plans, partnerships with innovative technology companies and customers for pilots, and investments in enhancing their own capabilities. Many operators have set-up dedicated units for IoT which provide connectivity and also IoT-enabled products and services. Other initiatives include investment funds, accelerators, partnering with academia and governments to identify innovative solutions and explore new opportunities. While IoT offers a plethora of new business opportunities, it comes with its own set of challenges, such as data privacy and network security. Cybersecurity, data management and vertical specific solutions have emerged as opportunities where operators can differentiate themselves. Data from users is an extremely crucial to identify the right applications that are likely to grow in the market. Operators have access to consumers and they can use that to further their presence in IoT market. However they must meet the governing and regulatory standards that govern this data. This research will outline:• The key components in an IoT ecosystem• The strategies deployed by European telecom operators to develop their IoT ecosystems• European telecom operator profiles • Growth OpportunitiesThe study is illustrated with numerous examples of to indicate the approach of European telecom operators to developing IoT ecosystems. Some of the operators having recognized IoT as a rapidly growing segment and its significance in their future plans are reporting IoT revenues separately. The advent of IoT also means that operators can utilize the new capabilities to charter into other industries such as financial services with PayTech offerings, or logistics with asset tracking solutions. The promise of impact of IoT on verticals such as healthcare, finance, or agriculture creates opportunities for core companies in these industries to work closely with telecom operators. Future plans of European telecom operators indicate their confidence in the ability of IoT to add value to their portfolio of products and services.
Key Issues Addressed
Author: Deepali Sathe
The Opportunities and Challenges of the Payments Industry in Indonesia, Forecast to 2025
Frost Radar in the US eCommerce Fraud Prevention Market
North American Mobile Trackers Q3 2019
5G Industry Insight—Sprint's Top Strategic Initiatives on the Path to 5G
North American Mobile Trackers, Q2 2019
Apple Performance Tracker, 2019
5G Industry Insight—Verizon’s Top Strategic Initiatives on the Path to 5G
Growth Opportunities in the Internet of Things–enabled Supply Chain Management Market, Forecast to 2024
Transformation of European Telecommunications, 2019
Frost Radar in the Global Internet of Things (IoT) Platforms Market, 2019
augmented reality market
commercial lighting market
consumer drone market
nutritional supplement market
plastic waste management market
biometric authentication market
diabetes care devices market
diet food market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.