Juniper Research: IoT, Analytics Packages to Drive $35 Billion New Revenue Opportunity for Operators
A new study from Juniper Research has found that by 2022, mobile operators can collectively generate an additional $35 billion per annum from new and underdeveloped revenue streams. If implemented, these, together with cost savings identified in the study, would enable operators to offset the impact of falling voice and data revenues and maintain, or even increase, current margins.
In Future Mobile Operator Business Models: Challenges, Opportunities & Strategies 2018-2022, Juniper argued that services such as IoT (Internet of Things) enablement, A2P messaging, carrier billing and big data analytics would collectively deliver a net increase of more than $7 billion this year. It observed that with the number of connected devices expected to nearly triple between 2017 and 2022, from 17.5 million to 51.5 million, demand for ubiquitous connectivity would accelerate; representing a clear opportunity for the expansion of enterprise-facing products.