Tec Futures asked the opinions of 75 IoT CSPs of IoT connections and revenue growth and how much enterprises spend on connectivity as a proportion of the overall amount. CSPs are anticipating a 6.5% average connections growth in the next 12 to 24 months. Interestingly, 16% of MNOs forecast growth from 10% to 25% compared to 3% of MVNOs. Global players are forecasting highest growth of 14%. In terms or revenue growth per IoT connection, the average is 5% ARPU growth in the nex

· According to our survey of IoT CSPs, 91% of enterprises see security concerns as a major barrier to new IoT adoption. Yet enterprises lack in-depth technical expertise to address these concerns. · The new upcoming IoT cybersecurity regulations may slow the adoption of new IoT applications unless CSPs and ecosystem players take an active role in helping bridge the gap in enterprise technical expertise around IoT security. · This translates to a competitive o

Knowing what your competitors are planning is key to maintaining and growing market share. Currently many sectors are of comparable high...

IoT is a highly competitive market currently. In our recent IoT CSP survey, we asked CSPs to rank verticals on a scale of 1 to 10 (with...

Source: TecFutures IoT CSP Survey 2022 IoT CSPs need to address a range of enterprise issues which act as barriers to adoption if they want to continue to grow their market. · Lack of expertise, integrating multiple technologies, and security concerns are the most significant barriers to IoT growth. · CSPs also identify that the impact on existing enterprise processes, business buy in and finding the right suppliers are important issues. See more detail on the mai

Source: TecFutures IoT CSP Survey 2022 IoT CSPs fear a race to the bottom on prices in an increasingly competitive market. · There are a vast number of connectivity providers (MNOs and MVNO) active at present even though there are clear moves towards consolidation. · Other value chain players will include connectivity as part of their offering posing additional threats to the traditional CSP IoT connectivity play. In this context, CSPs have adopted a strategy of b

Andrew Parkin-White , Founding Partner of TecFutures , recently spoke at a Mext Metaverse connectivity event. TecFutures focuses on the interplay between enterprise needs and drivers and supplier solutions and articulates growth opportunities and strategies for building competitive advantage for companies active in IoT. We do this through outstanding custom research and go-to-market solutions. Andrew’s presentation focused on the role 5G will play in enterprise connectivity

TecFutures research into enterprise IoT has revealed six key trends that suppliers need to embrace to build lasting competitive advantage in their markets. We will explore each in turn and you can see a more detailed assessment in our forthcoming report - Building Competitive Advantage in Enterprise IoT, available for soon for download at www.tecfutures.com . Increasing competitive intensity IoT CSPs fear a race to the bottom on prices in an increasingly competitive market.

Is rapid growth in IoT connectivity still buoyant or do CSPs need to take a more selective approach to targeting verticals and tailor their offerings to developing enterprise needs? Based on the recent TecFutures survey, CSPs expect to see growth of 6.5% in enterprise IoT connections in the next 12 to 24 months. MNOs are expecting their enterprise IoT connections to grow by some 7.4% while MVNOs expect a lower rise of around 5.7%. 16% of MNOs forecast connections growth from

In the latest report from TecFutures, we explore enterprise needs beyond IoT connectivity based on our recent survey of IoT CSPs. An interesting picture starts to emerge around the extent of those needs and we researched 14 of those needs including security, use of other technologies (cloud, edge and digital twins) and in-life device management. The complete chart is available in the report. While there is not a wide range in ranking from each of the criteria analysed, we do

Andrew Parkin-White, Founding Partner of TecFutures, joined a panel at the Mobile Ecosystem Forum event at MWC Barcelona in February. The panel was hosted by Nassia Skoulikariti, the Programme Director for IoT at MEF, and Andrew’s co-panellists were Nick Earle, CEO of Eseye, and Jimmy Jones, Head of Security at ZARIOT. Nassia first asked the question around the major trends in the IoT ecosystem and where the industry is heading. Nick pointed to the importance of the requireme

It’s tough going out there. Enterprises are faced with a vast choice of MNOs and MVNOs for their IoT connectivity requirements. CSPs are also facing their own issues. TecFutures spoke to 75 of them and asked them to rank their greatest challenges. Out on top is increasing competitive intensity – not surprising given the large number of providers being drawn into the IoT enterprise connectivity market, and it is a tumultuous time with organizations acquiring each other in a bi

TecFutures asked IoT CSPs about which technologies they considered the most important for enterprise connectivity. Across MNOs and MVNOs,...

There is a lot of noise in the IoT world surrounding private networks and so TecFutures is digging deeper into the current reality and future uptake of private networks. They are being positioned as an innovate approach for the enterprise, particularly with the increasing uptake of 5G IoT services. We recognize that enterprises find the ability to have private networks is a highly attractive proposition and see it as becoming increasingly important. Private networks offer sev

There continues to be significant hype surrounding smart cities. In reality, many cities are in the early process of becoming smarter, but cities need to overcome a range of challenges if they are to be truly smart. Three significant challenges in developing smart city IoT applications 1. Business Case Smart city solutions promise to offer solutions to specific problems as well as broader socio-economic and environmental benefits. These benefits can be difficult to defi

TecFutures is taking a different approach to producing a predictions blog for 2023. Instead, we are drawing on our recent IoT CSP survey to gain a measured set of perspectives on the Enterprise IoT market outlook and addressing particular questions, including: In this blog, we have taken a helicopter view of what the survey is demonstrating. We will go into more detail on these specific expectations for 2023 in our forthcoming short report. We wanted to find out what IoT CSPs

Questions that TecFutures are regularly asked include: · Which market sectors offer your business the best IoT opportunities? · How are you positioned to deal with rising competitive intensity in IoT markets? · Are there new adjacent IoT opportunities you can address? Finding that elusive gap in the enterprise IoT market can be hard, so supplement your insight and reduce risk with a structured research plan such as this. Use these steps as a starting point a

The enterprise IoT global connectivity market is dynamic and complex, driven in part by increasing global and regional sourcing, as well as the changing face of how enterprises operate internationally and devices that roam on connection after manufacture in a different country. Enterprises need to be thinking about a range of issues regarding global connectivity and roaming including: · How much coverage they need and where · The level of sophistication of a solut

At the Informa Future Vision Executive Event 2022, Andrew Parkin-White of TecFutures moderated an expert panel to debate the Clash of the Titans: Can Telcos Fight Off the Hyperscaler Threat? Andrew was joined by Sergio Gonzalez of Microsoft, Hrvoje Jerkovic of Three UK and Paolo Grassia of ETNO. Growth in telcos has been lower in the past ten years. At the same time, they are having to invest ever more in new networks, particularly for potential opportunities offered by 5G an

eSIM will open up new opportunities for enterprise IoT. It will enable organizations to benefit from remote, over-the-air provisioning – thereby mitigating the need for changing out a SIM card when switching carriers or moving to different connectivity technologies. It will allow device-specific form factors that solution developers can tailor to the IoT device or enterprise or CSP requirements. Using a single SIM during the manufacturing process can offer greater increased s