Market Highlights: Telecom IoT market has high growth prospects due to its wireless and wireline infrastructure performance that applicable in Telecommunications sector for customer service. Telecom IoT operator improves their analytics capacity to generate insights which networks issue faster and enable predictive maintenance to improve network quality. Factors such as increasing IoT evolution coupled with rising consumer spending on digitalization will provide a positive scope for technology penetration during the forecasted timeframe. Also, growing consumer preferences toward LP-WAN and cellular technologies instead of Edge & UMTS owing to the higher technological advancement will further provide a strong business outlook. The market study is being classified by Type (Connectivity Technology, Network Management Solution and Services), by Application (Smart Buildings and Home Automation, Capillary Network Management, Industrial Manufacturing and Automation, Vehicle Telematics, Transportation, Logistics Tracking and Traffic Management, Energy and Utilities, Smart Healthcare and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Telecom IoT are AT&T, Inc. (United States), Ericsson (Sweden), Verizon Communications, Inc. (United States), Deutsche Telekom AG (Germany), Huawei Technologies Co., Ltd. (China), Sprint Corporation (United States), Telenor (Norway), Telefnica (Spain) and Tele2 (Sweden).
Major Market Development Highlights In June 2018, Reliance Industries (RIL) completely acquired Radisys Corp. This acquisition is beneficial for software-centric disaggregated networks and platforms strengthens the business diversification and innovative solutions for customers. In Feb 2019, Nokia Launched four new IoT packages for telecom operators, which is beneficial for the set-up and operations of enterprise IoT services. It also delivers IoT Network Grid (WING) infrastructure & business model with minimal upfront investment.
Key Questions Answered in the Report What will the Telecom IoT Market size and the growth rate be in Future? What are the key factors driving the Telecom IoT Market? What are the key market trends and macro-economic impacting the growth of the Telecom IoT Market? What are the challenges to market growth? Who are the key vendors in the Telecom IoT Market? What are the market opportunities and threats faced by the vendors in the Telecom IoT Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Telecom IoT Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Telecom IoT market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Telecom IoT market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Government and Research Organizations, R&D Institutions, Associations and Industrial Bodies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.