Telecom Industry: Companies Vie for Consolidation & Partnerships; Blockchain appears to be the next-big-thing

Published on : Feb 20, 2019

Albany, New York, February 20, 2019: Unleashing the potential of virtual and augmented reality, internet of things (IoT) and smart cities, 2019 is poised to present plethora of opportunities for telecom industry to fortify present revenue sources or to generate totally new revenue streams. The opportunities will moot from volatile conditions of the market and consumer preferences, along with the launch of 5G technologies in large-scale. To provide seamless integration of licensed and unlicensed bands, there is the need for extensive bandwidth and low latency which only 5G can offer. These actionable insights are according to the report titled, “Telecom Industry Business Confidence Report H2 2018-19,” which has been recently incorporated to the exhaustive repository of Market Research Hub (MRH).

In order to balance the competitive scenario, telecom industry are vying to expand its boundaries and search for new opportunities. Consolidation and partnerships could offer the opportunity in the field of cable and content. The growing competitive pressure is likely to boost telecom companies to consider mergers and acquisitions deals to integrate media and content into their offerings. Additionally, given telecom providers look for robust development of business models and services, partnerships are feasible to surge.

mHealth and mPayments could be the instrumental revenue generating opportunities for telecom providers. In mHealth, operators are able to monetize services aimed at soaring number of subscribers adopting health care-centric wearables, as for instance, assist them in taking dosage of medications. When it comes to mPayments, mobile operators can play the role as an integrator for application, devices, customer identify management and mobile payment methods.

Telecom industry has been keenly observing blockchain as they look to harness the technology to cut down revenue leakage from roaming and identity fraud, simplifying billing systems along with automate settlements with tokens and smart contracts.

Telecom Industry: Report Content

The report provides a meticulous analysis on telecom industry market through quantitative and qualitative analysis. The report focuses on the dynamics of the market such as drivers, opportunities, trends and restraints to offer coherent assessment of telecom industry. The report presents in-depth analysis on regions such as the U.S., Asia-Pacific, Middle East & Africa and Europe.

The final section provides actionable insights on the competitive scenario of the telecom industry market, including a dashboard view, competition position index, market structure analysis, competition position index and mergers & acquisitions in the telecom industry. The final section provides insights on financial overview, company overview, industry portfolio, strategies and recent developments.

Telecom Industry: Research Methodology

Trove of primary and secondary sources propels the report on telecom industry. Primary sources offer actionable insights through information received first-hand on aspects incorporating competitive landscape, market size, growth trends, and market size. As such, these facets have turned out to be invaluable in validating and bolstering finding from secondary research. The collated data are assessed and discerned meticulously by panel of expert.

Assessment of the trends in telecom industry alluded that the researchers applied quantitative methods with the assistance of different statistical analysis techniques.

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