GSMA Highlights US$1.8 Trillion IoT Revenue Opportunity for Mobile Network Operators
The GSMA today announced that mobile network operators are set to benefit from an estimated US$1.8 trillion Internet of Things (IoT) revenue opportunity by 2026 boosted by the early deployment of commercial Low Power Wide Area Networks in licensed spectrum, according to new figures in the IoT Forecast Database Research1 published by analyst house Machina Research. The new findings highlight the huge growth opportunities for mobile operators delivered through new Mobile IoT applications and services. To date, 12 mobile operators have launched 15 commercial Mobile IoT services, including AT&T, Telstra and Verizon (LTE-M), as well as China Mobile, China Telecom, China Unicom, Deutsche Telekom, M1, Turkcell, Verizon and Vodafone (NB-IoT).2 The research also indicates that the Americas region will account for an estimated US$534billion, or approximately a third of the total revenue.
“There is a real sense of momentum behind Mobile IoT networks in licensed spectrum, with multiple commercial launches around the world, as well as the availability of hundreds of different applications and solutions, but there is still much to be done,” said Alex Sinclair, Chief Technology Officer, GSMA. “Many operators are already reaping the benefits of deploying Mobile IoT and we encourage others to act now to capitalise on this clear market opportunity and further accelerate the development of the Internet of Things.”
The new findings highlight that consumer demand for connected home (US$441 billion), consumer electronics (US$376 billion) and connected car technologies (US$273 billion) represent the biggest revenue opportunities for IoT. However, other areas such as connected energy look set to reach US$128 billion by 2026 as a result of local governments and consumers seeking smarter ways to manage utilities. Similarly, revenues from connected cities are forecast to reach US$78 billion by 2026.
Mobile operators are enhancing their licensed cellular networks with NB-IoT and LTE-M technologies which utilise globally agreed 3GPP standards to scale the IoT. Mobile IoT networks are expected to have 862 million active connections by 2022 or 56 per cent of all LPWA connections3. These new Mobile IoT networks are designed to support mass-market IoT applications across a wide variety of use cases, such as industrial asset tracking, safety monitoring, water and gas metering, smart grids, city parking, vending machines and city lighting, requiring solutions that are low cost, use low data rates, require long battery lives and can operate in remote locations.
Mobile IoT Momentum
The GSMA Mobile IoT Initiative was created to help the industry deliver commercial LPWA solutions in licensed spectrum. It is currently backed by 74 global mobile operators, device makers and chipset, module and infrastructure companies worldwide. In the space of a year, it has helped to establish market standards for LPWA, published by 3GPP, that will play a fundamental role in the growth, development and adoption of the technology as well as securely and cost effectively connect the billions of new devices making up the IoT. For further information on the Mobile IoT Initiative, visit www.gsma.com/iot/mobile-iot-initiative/.
Mobile IoT Innovators
The GSMA has also established the GSMA Mobile IoT Innovators project, which was designed to encourage the development of new LPWA solutions and now has over 650 members. The GSMA will host the GSMA Mobile IoT Innovators Showcase at 4YFN in the Moscone Centre, South Hall, Stand Number: 2300A during Mobile World Congress Americas, demonstrating the different stages of Mobile IoT development, from standalone development kits and modules to companies with first prototypes and commercially available products. The showcase will feature innovative companies from a range of industries, including asset tracking, smart street lighting and flood monitoring and will highlight the opportunities of developing with the latest Mobile IoT technologies.
Mobile IoT at Mobile World Congress Americas 2017
At Mobile World Congress Americas in San Francisco next month, the GSMA’s Internet of Things programme will host the ‘5th GSMA Global Mobile IoT Summit’ on Monday, 11 September, from 14:00 – 17:00. The Summit will explore the ongoing commercialisation of licensed spectrum LPWA networks and their power to deliver service to billions of new devices. The GSMA Internet of Things programme will also be present in the GSMA Innovation City , showcasing how the IoT is transforming enterprises, governments and peoples’ lives across the globe in an immersive urban environment.
Get Involved at Mobile World Congress Americas 2017
More information on Mobile World Congress Americas 2017, including how to attend, exhibit or sponsor, is available at www.mwcamericas.com. Follow developments and updates on Mobile World Congress Americas on Twitter @GSMAEvents using #MWCA17, on our LinkedIn Mobile World Congress Americas page https://www.linkedin.com/company/gsma-mobile-world-congress-americas or on Facebook at https://www.facebook.com/MWCAmericas/.
Notes to Editors
1. Machina Research, IoT Worldwide, 2016-2026, (All IoT (Total) Connected Car (Total) Connected Cities (Total) Connected Consumer Electronics (Total) Connected Energy (Total) Connected Home (Total)
3. Machina Research, April 2017
About the GSMA
The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.
For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA.
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme tältä julkaisijalta, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
"Complete Your Game!"The 13th Global Game Exhibition G-STAR 2017 Opens to Success21.11.2017 06:39 | Tiedote
The start of the G-STAR Game Show and Trade All Round 2017, an international game exhibition that examines the global gaming industry and its future possibilities, was announced at BEXCO, Busan, on November 16th. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171120006218/en/ Opening Ceremony of G-STAR 2017 (Photo: Business Wire) Celebrating its 13th anniversary this year, G-STAR 2017 is hosted by the Korea Game Industry Association (K-GAMES) and co-organized by the G-STAR Organizing Committee and the Busan IT Industry Promotion Agency. It runs for 4 days from the 16th to 19th (Sun). This year’s G-STAR 2017 has been a record success, bringing together 693 companies from 35 countries and exhibiting 2,857 booths - a 5.0% increase from the previous year. G-STAR 2017
The Indian Detective, Starring Russell Peters, Premieres Tuesday, December 19, 2017 on Netflix Worldwide20.11.2017 19:00 | Tiedote
Full release here. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171120005203/en/ (Photo: Business Wire) Following today’s announcement by Netflix, THE INDIAN DETECTIVE , a four-part comedy-drama series starring international comedy sensation Russell Peters, award-winning actor Anupam Kher (The Big Sick, Silver Linings Playbook), the iconic William Shatner (Star Trek), Christina Cole (Suits, Casino Royale), Hamza Haq (mother!, Bon Cop, Bad Cop 2), Akshay Kumar (Star Wars Ep VIII), Meren Reddy (Madiba, Homeland) and Mishqah Parthiephal (Keeping Up with the Kandasamys, Snake Park), will premiere on December 19, 2017 on Netflix worldwide, following an initial run on CTV Canada in November.
Andersen Global Expands Presence in Italy with New Location in Venice-Mestre, on the Venetian Mainland20.11.2017 17:30 | Tiedote
Andersen Global is proud to announce a new presence in Venice-Mestre, on the Venetian mainland in Italy through the expansion of Italian member firm, Andersen Tax & Legal. In addition, the Milan office will relocate at the end of November. The new office in Mestre and new location in Milan have been established to better serve the growing client base in Italy. Andersen Tax & Legal now has six locations in Italy: Milan, Brescia, Rome, Venice, Mestre, and Monza. Andrea De Vecchi, Office Managing Partner of Andersen Tax & Legal in Italy, and Regional Managing Partner in Europe shared, “Our new location in Venice-Mestre and expanded presence in Milan allow us to better serve our clients and continue to build our capabilities within the region. Through this expansion, we are able to reach new markets and also improve the quality of life for our employees.” Venice-Mestre is a sign
AGCO’s Innovation Rewarded with Prestigious Awards at Agritechnica 201720.11.2017 17:00 | Tiedote
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, achieved remarkable success with 17 major awards at the prestigious Agritechnica 2017 event in Hannover, Germany. As a result of the votes cast by an independent expert committee, AGCO was once again one of the most successful manufacturers at Agritechnica 2017 by way of the number of innovation awards received. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171120005614/en/ The new Fendt Track Tractor 943 Vario MT won the treasured award "Machine of the Year 2018" in the Category XXL Tractors (Photo: Business Wire) “Winning these significant awards is a testament to our continued commitment to deliver high-tech solutions for farmers feeding the world,” said Martin Richenhagen
NexPlayer HTML5 Player Fully Compatible with Conviva across All Browsers and Devices20.11.2017 17:00 | Tiedote
NexStreaming, the provider of NexPlayer SDK, the market leader player SDK for OTT apps, announced today that the NexPlayer HTML5 player is fully compatible with Conviva Video AI Platform. This pre-integrated solution brings great value to video services: from now on, they will be able to enable the highest quality HLS & DASH live streaming across all browsers and devices with NexPlayer, and ensure an outstanding user experience with accurate analytics about the quality of the video experience thanks to Conviva. In this technology integration, NexPlayer HTML5 is fully optimized with Conviva’s QoE analytics. NexPlayer sends information regarding the use of the HTML5 based OTT service, including when the user pauses the video or the video is buffering as well as information about the frame-rate. Conviva measures and analyzes this information so that video service providers and publishers
Leading Broker ActivTrades Wins Le Fonti Forex Broker of the Year Award for the Second Time20.11.2017 16:30 | Tiedote
ActivTrades, one of the world’s leading online Forex Brokers, has won the Le Fonti Forex Broker of the Year Award for the second year running. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171120005576/en/ ActivTrades was awarded at the Le Fonti Awards (Photo: Business Wire) A UK-regulated firm with offices in Europe and the Middle East, ActivTrades was selected as the winner by the editorial staff of over 120 journalists at Le Fonti, the international and independent media company and research centre. Le Fonti credited the broker for “aiming to maximise its clients’ trading through a unique mix of superior value proposition, diverse product offering and stellar customer service”. Le Fonti’s judges added that ActivTrades offers “some of the tightest spreads in the industry” a
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme