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What is Next for Telecom Industry
The telecommunication sector is a critical force of growth and innovation in multiple industries. The telecommunication ecosystem anticipates the Internet of Things (IoT) to become the fuel for future growth. One of the most successful IoT applications is consumer driven data consumption which put unprecedented pressures on networks. All these transformations led to an increased concern of privacy and data safety of sensitive data and infrastructure. In the coming year, more trends are coming to gain momentum and steer telecommunication sector in new directions. Following are trends that will shape the growth of the telecom industry in the coming years.
Over the top (OTT) and value-added services:
OTT is where a telecom service provider delivers one or more services over an IP network. It allows users to have multiple devices which almost inevitably have various access providers. With the boost in OTT adoption and consumption fuelled streaming video and public demand for nonlinear media consumption. OTT enables
• voice and video services over wireless networks
• Internet TV
• Free or cheap calls and SMS with VoIP
Fifth Generation Wireless:
The race for 5G will continue apace in coming years. Telecommunication systems around the world are developing 5G infrastructure and initiating field tests. It will provide a far higher level of performance than the previous generations of telecommunication systems. It has been driven by the need to provide ubiquitous connectivity for applications. Soon 5G compliment devices are expected to become commercially available.
As networks become increasingly software-defined, the infrastructure is becoming vulnerable to attacks as the data is sent through networks. Network security is becoming more important than ever which anticipates encryption transition. GDPR (General Data Protection Regulation), the law on data protection and privacy addresses the export of personal data is an instance. In the coming year, data demand landscape will continue change and service providers will also continue to realign and consolidate their security offerings to ensure their networks are potential to accommodate future technological advancements.