TMCnet News
IoT VAS for Telcos - Market Opportunity, Innovation & Monetisation 2018 to 2025 - ResearchAndMarkets.comThe "IoT VAS for Telcos Market Opportunity, Innovation, & Monetisation 2018 to 2025" report has been added to ResearchAndMarkets.com's offering. The Internet of Things (IoT) market is expected to grow strongly in the coming years, as new services are deployed on top of old technologies, making the transition for consumers easier and cheaper. The emergence of IoT is bringing fresh opportunities for Telcos. Moreover, these opportunities will not only drive both the bottom line and top line of Telcos, but it will also help in achieving more operational efficiency as well as additional revenue streams. Despite the upbeat outlook that has long surrounded it, IoT continues to underwhelm, as far as most Telcos are concerned. IoT still accounts for only a small part of Telcos' business. IoT revenues as a percentage of total sales were just 1.18% for Verizon Communictions Inc., 1.59% for Vodafone (News - Alert) Group plc, and as little as 0.53% for Spain's Telefnica in the third quarter of 2017. It is also observed that Telcos are mainly interested in providing connectivity solutions. Telcos must focus on offering more than just connectivity solutions. Telcos have a great opportunity to enter into IoT services, and business intelligence based on data mining. Telcos can also collaborate with other players in the IoT such as hardware providers, and create multiple solutions for different industry verticals. Apart from that, a vast amount of data is being generated at Telcos' end, a goldmine they must start exploring right away. Companies Featured
Key Topics Covered 1 Introduction 2 Executive Summary 3 Telecom IoT VAS Market Structure, Ecosystem, and Value Chain Analysis 4 Telco-IoT Case Study 5 IoT VAS for Telcos: Opportunity Analysis & Forecast 2018-2025 6 Conclusions, Recommendations, and Strategic Analysis For more information about this report visit https://www.researchandmarkets.com/research/kt8xqr/iot_vas_for?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180925005984/en/ |
