Top 10 telecom technologies encompass top technologies prevailing in the telecom and mobility market space such as Bring Your Own Device (BYOD) & enterprise mobility market, Mobile Value Added Services (MVAS) market, mobile money market, mobile learning market, contactless payment market, indoor location market, mass notifications systems market, Machine to Machine (M2M) satellite communications market, mobile Content Delivery Network (CDN) market, and mobile user authentication market.
MarketsandMarkets forecasts the BYOD and the enterprise mobility market to experience the largest market share of USD 73.30 Billion by 2021. The indoor location market is expected to grow from USD 4.72 Billion in 2016 to USD 23.17 billion by 2021, at the highest CAGR of 37.42% during the forecast period. The top 10 telecom technologies cater to diverse industry verticals, such as Banking, Financial Services & Insurance (BFSI), healthcare, automobile, IT & telecom, retail, and others, including government, education, and non-profit organizations. Increasing significance of networking and connectivity in the corporate setups to gain competitive advantage by enabling employee mobility is the major driving factor for the telecom and mobility market.
The key players in the top 10 telecom technologies market include AT&T, Inc. (Texas, U.S.), Gemalto N.V. (Amsterdam, the Netherlands), and Cisco Systems Inc. (California, U.S.). Giesecke & Devrient Gmbh (Munich, Germany), Apple Inc. (California, U.S.), Google, Inc. (California, U.S.), Eaton Corporation (Dublin, Ireland), Honeywell International, Inc. (New Jersey, U.S.), BlackBerry Limited (Ontario, Canada), Cisco Systems Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.), ORBCOMM, Inc. (New Jersey, U.S.), Inmarsat Communications, Inc. (London, U.K.), AT&T, Inc. (Texas, U.S.), Ericsson (Stockholm, Sweden), EMC Corporation (Massachusetts, U.S.), Bharti Airtel Limited (New Delhi, India), Mahindra Comviva (New Delhi, India), and Promethean Inc. (Lancashire, U.K.). These players have adopted various strategies such as partnerships, agreements, mergers & acquisitions, and new product developments to achieve growth in the telecom and mobility market.
The key players adopted the first strategy as partnerships, agreements, and collaborations in the telecom and mobility market. In October 2016, AT&T partnered with Amazon Web Services (AWS) to optimize delivery of integrated solutions built on the company’s respective cloud and networking capabilities. The collaboration is designed to help both existing and new customers to more efficiently migrate to and utilize the AWS cloud with the AT&T network.
Globally, the telecom and mobility vendors are continuously adding innovation to their products and services to enhance the mobility experience and provide better connectivity.
Top 10 Telecom Technologies (MVAS, BYOD and Enterprise Mobility, Mobile Money, Mobile Learning, Contactless Payment, Indoor Location, Mass Notification System, M2M Satellite Communication, Mobile CDN and Mobile User Authentication) - Forecast to 2021
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