Analyst Q&A: SNS Research Part 1

Analyst Q&A: SNS Research Part 1

Headquartered in Dubai, United Arab Emirates, SNS Research is a global market intelligence and consulting firm with a particular focus on the telecommunications and IT industries.

Developed by leading industry analysts, their market research reports provide unique insights on established and emerging markets. Their primary areas of coverage include wireless networking, SDN, NFV, M2M, IoT, Big Data and wearable technologies.

To get a better understanding of the various challenges and trends in these industries, we spoke to SNS Research’s Principal Analyst Mark Rayne. He began by telling us how advancements in technology impact investment trends.

Q. What have been the biggest advancements in the global information and communications technology industry over the past ten years?

[Mark Rayne]: In our opinion, the biggest advancement has been the commoditization of mobile broadband technologies such as IoT (Internet of Things) as an alternative source of profits.

In addition, companies across multiple vertical markets, ranging from the automotive arena to healthcare, are also relying on IoT to drive incremental revenue streams based on new products and services. Some of the other key advancements include Big Data, analytics and cloud computing services.

 

Q. How are the above influencing investment trends and how should we expect these trends to develop during the next five years?

[Mark Rayne]: With consumer APRUs continuing to decline, service providers are keen to drive down the cost of future infrastructure investments. As a result, we expect the industry to move from proprietary infrastructure technologies towards virtualized network functions that rely on commodity hardware. We expect future 5G mobile networks to be heavily reliant on virtualized infrastructure.

In the IoT arena, we expect to witness significant growth over the next five years. Taking into account both short range and wide area connections, the installed base of connected IoT devices is expected to surpass 10 Billion by the end of 2020. Furthermore, in order to gain valuable insights from the data generated by these IoT devices, stakeholders across multiple vertical markets, including the healthcare sector, will continue to invest heavily in Big Data and analytics technology.

There are also growing concerns for IoT security, which is expected to be a major focus for investments over the next five years. A number of recent DDoS (Distributed Denial-of-Service Attack) attacks have been blamed on insecure IoT devices.

FINAL WORD

As Mark points out, the growing virtualization of servers and increased usage of connected IoT devices has resulted in a rising trend of security breaches targeting enterprise networks. IoT security has become essential for the organizations, governments, utilities, and individuals for protection of data and infrastructure. This was evidenced by the recent DDoS attack on web service provider Dyn, which we spoke about in a previous blog.

Remember to check back tomorrow for the second part of our intriguing chat with Mark. We will be examining how the industry’s biggest players have responded to the various economic and political changes we’ve seen so far in 2016. In addition, we discuss the future of consumer centric mHealth apps and devices, with SNS forecasting market revenue to surpass $23 billion by 2017.

Stay up-to-date with the latest market developments, trending news stories and industry advances with the Research and Markets blog. Don’t forget to join our mailing list to receive alerts for the latest blog plus information about new products.

Published by Research and Markets

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