For the last decade, communication service providers (CSPs) have been especially focused on the Internet of Things (IoT) as a means of alternative revenue streams. CSPs have been trying to become a valuable part of the IoT value chain and want to be viewed as more than just a pipe. What has transpired in the last 10 years has been the building of IoT-specific networks, value-added services such as IoT platform bundles, and strategic partnerships with other players (such as AWS) in the IoT ecosystem.
Our newest market insight report, The Promise of IoT for CSPs offers a look into how CSPs are adapting in their new role in the IoT ecosystem, the impact of the emergence of 5G networks, their own priorities in strategic partnerships, and how we expect the market will evolve over the coming years.
We examine the current ecosystem and the IoT explosion that is likely to come with the next generation of networks. It’s no surprise then that CSPs are changing their priorities for this significant business opportunity. Many are looking to move up the IoT value chain by shifting their value proposition to an IoT ecosystem-driven model. In other words, for CSPs monetization strategies today are no longer focused solely on connectivity.
In this report you’ll learn:
- A better understanding about the gap between Tier 1 and Tier 2 CSPs
- The role of 5G in CSP IoT initiatives
- The challenges posed by 5G regulations
- Real life examples of value-added services
- The benefits of strategic partnerships for CSPs
With the IoT boom and what’s ahead with 5G, we are witnessing a major shift in technology. It’s time for CSPs to embrace their new role as the pipe that connects all things. For a complete dive into the IoT and how CSPs are responding to changing network demands, as well as our look at what’s ahead, download your copy of The Promise of IoT for CSPs today.
At Futurum Research our three key focus areas are research, analysis, and insights. We also provide a full offering of advisory services geared towards helping organizations adapt to new technologies and operationalize digital transformation, along with other services through our sister companies Broadsuite Media Group and V3 Broadsuite.