Industry 4.0 will bolster IoT connection growth for global CSPs
Industry 4.0 will contribute to a surge in IoT connection additions between 2022 and 2025
TBR expects Industry 4.0 to drive a renaissance in new, commercially viable use cases for the network between 2022 and 2025, which will spur revenue-generation opportunities for communication service providers (CSPs) that deliver the connectivity layer and value-added services to businesses. Industry 4.0 will bolster IoT connection growth for CSPs as they target large contract wins in areas including transportation, smart cities, smart factories and healthcare, which are expected to integrate a massive number of IoT devices to enhance operations.
Private 5G networks will play a pivotal role in advancing Industry 4.0 as these networks will provide the security and precision needed to support mission-critical workloads such as in manufacturing. The current, widespread availability of mid-band spectrum in EMEA and APAC markets will provide CSPs in those regions a time-to-market advantage in deploying private 5G networks as U.S. operators wait for the regulatory clearance of CBRS and C-Band spectrum over the next several years.
Enterprises will turn to private 5G networks due to their enhanced security and reduced latency
TBR believes private cellular networks will be a predominant initial 5G use case as enterprises will increasingly opt for 5G connectivity due to its ultra-low latency and enhanced security. Manufacturing plants will be an ideal environment for private 5G networks as the ultra-low latency and minimal jitter provided by 5G will enable connected devices such as robots and other manufacturing equipment to more effectively meet production quotas on the assembly line.
TBR’s Telecom IoT Market Landscape, takes a deep dive into the commercial cellular IoT-related initiatives of global stakeholders in the telecom market, including telecom operators, cable operators and vendors that supply the telecom market. The research includes key findings, market size, regional summaries, technology trends, use cases, verticals, operator and vendor positioning and strategies, acquisition and alliance strategies, and opportunities that are specific to the telecom industry.
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