In a previous post, we discussed some of the big trends in the telecommunications industry for 2016 and the impact that these trends have on small to medium businesses. While it is helpful to look at the year in review to better understand your company’s telecommunication needs, it is also important to look ahead to the future. What does 2017 have in store for the telecommunications industry?
Telecommunication technology can play a significant role in business growth. Changes in the industry and accessibility of these technologies can impact the way that your employees communicate and collaborate with each other and your consumers. Below, we will look at some of the predictions for 2017 so that you can better understand how the telecommunications industry will continue to transform in the new year.
Top 2017 Telecommunications Trends
Though we can’t say for sure what the future will bring for the telecommunications industry, here are some predictions based on what has happened over the past year:
The IoT will continue to add new connected devices.
The Internet of Things (IoT) is a major trend that continues to impact the telecommunications industry. With a sharp increase in connected devices and even more predicted to appear globally by 2020, there has been a significant amount of growth in the volume of data that needs to be transferred and processed.
With an increase in connected devices, particularly smaller, low-powered ones, comes an explosion of new traffic. This means that the telecom may need to find ways to improve connectivity. One option is 5G networks, which brings us to the next development in 2017…
5G development will continue to increase.
Telecom companies have been excited about 5G capabilities for a while now. The new year will bring the continuing research and development of 5G architecture. Though many telecommunications companies globally have already started to develop the architecture for 5G, there are also many other groups who are interested in its potential. For instance, 5G has the potential to change the way that other industries like energy deliver services to the public.
With higher speeds and capacity as well as lower latency than existing cellular systems, 5G has the potential to change the way that businesses and consumers communicate. In the new year, many telecom companies plan to start field testing 5G networks. In 2017, we may see the first commercial offerings of this powerful advancement in the telecom industry.
Holistic network security will become increasingly more important.
Among other things, 2016 was certainly a year of surprising and very public data breaches and compromised networks. Increasingly, network operators and telecom companies are realizing that they need to do more to protect their networks – not just the data that is transferred over their systems. As networks start to become more software-defined, the infrastructure of these networks is just as vulnerable to cyber attacks as the data that is being sent through the network.
At the end of 2016 and continuing on into 2017, more network operators and telecom companies will continue to focus on business-wide encryption. This will be especially true as we move into 2018 when network operators will need to start working toward becoming compliant with the EU’s General Data Protection Regulation (GDPR).
Have any questions or concerns? Contact us today to find out more about how these predicted 2017 trends may impact your business and its telecommunication services.