With 2017 now nearly two full months removed, and with the bulk of 2018 on the horizon, the telecommunications industry sits at an interesting crossroads of new trends, developments, and other impacting variables. There is a lot in store for this still-thriving industry — both in the foreground and far down the line.
Here are a few of the biggest potential changes to telecom in the coming years.
I previously explored ways in which businesses can tailor their mindset to a mobile-first approach, and this method is becoming a new norm across countless industries worldwide. Mobile-first optimization allows for a stronger all-around user interface, on both mobile devices and other mediums, and it has grown as a relevant focal point as more and more businesses move to a mobile layout. In a telecom sense, mobile phone services have risen as a cheaper and more convenient option, even when landline connectivity remains an option. These notions in mind, expect to see a continued migration to mobile in the near future.
The rise of IoT technology has parallel major developments in the telecom — in many cases, they have gone hand-in-hand — and now, an increase in IoT traffic is expected to make an impact on the latter. The recent explosion of connected devices is projected to add “billions if not trillions of new connected data sources globally by 2020,” subsequently leading to increased data volumes. The IoT industry is expected to reach around $400 billion by the same year, so it goes without saying that these projections hold a fair amount of weight.
More emphasis on security
Security has remained a major focal point (and, potentially, a pain point) in both telecom and in the entire connected mobile spectrum. With an increasing amount of emphasis falling on data analytics and the collaborative storing of this information, telecom and data companies must now explore new and innovative ways to keep their customers safe on their devices and networks. While current efforts, in this regard, have been proactive and mostly transparent in their execution, future efforts will likely strive to maximize this approach to fine-tune any prevailing loose ends.