The telecommunications industry is one of the most dynamic industries in the world that drives innovation, which has a profound effect on society and business.
In fact, no matter what industry you’re in, telecoms have an impact on your business. If you want to stay ahead of the curve, you need to keep your finger on the pulse of new trends and advances happening in the telco vertical.
So, what are some of the major telecom trends that we will observe in 2023?
Looking ahead, we anticipate a surge in satellite access for both devices that directly access satellite connections as well as Non-Terrestrial Networks (NTNs) that employ spaceborne and airborne vehicles for transmission. It is an intriguing capability enabled by Low Earth Orbit (LEO) satellites, which are smaller, lighter, and far less expensive to manufacture, launch, and maintain than traditional geostationary and mid-orbit satellites. Many opportunities are made possible by 5G NTN satellite access, including 5G coverage in rural and isolated regions, global 5G connection in places lacking terrestrial coverage, and connectivity for aircraft, ships, and disaster relief zones, among other things.
The telecom industry will begin to migrate to virtual networks in 2023, and there will be a significant shift in the number of communication service providers (CSPs) moving to the cloud. The cloud computing environment has become one of the telecom industry’s fastest-growing trends because it gives MNOs greater capacity, enhances resilience, allows them to scale quickly to meet increased demand, and makes system changes simple. By reducing on-premises hardware and investment, as well as operating expenses, moving to the cloud has the potential to increase income streams.
Additionally, it has enormous potential by allowing telecommunications businesses to stake their claim to relevance in the greater digital value chain. It also offers a route for CSPs that want to change their role from connection provider to digital tech company. As CSPs try to engage clients with complicated cloud demands and installations, interoperability and optionality will consequently become major competitive differentiators for them in 2023 and beyond.
The telecom sector is very concerned about cyber security and resilience, especially in light of the distressing cyberattacks of 2022. And in 2023, we expect to see even more cyberattacks. Given the enormous volumes of sensitive data held by telcos, the telecom industry has long been the most susceptible target for cyberattacks. As a result, telecom firms will invest in enhanced cyber security measures, such as data collection, storage, processing, and network traffic, in order to achieve real Zero Trust designs that attempt to address cyber risks at all levels.
The telecom industry will be well on its way to assisting the digital revolution in 2023. Currently, telecom firms are making significant investments in 5G infrastructure and technologies. A new wave of digital applications and services will be made possible by the higher speeds and reduced latency offered by this new generation of wireless networks. Home and business owners will therefore have access to extremely high internet connections. The basic networks of telecom firms are also being upgraded. Future digital services, including cloud computing and the Internet of Things (IoT), will have a solid basis thanks to this improvement.
Another important trend in telecommunications is sustainability, which is prompting telecom businesses to engage in renewable energy, a circular economy, and net-zero efforts. We are observing a surge in interest in using renewable energy sources to power infrastructures, since renewable energy sources used to power, for example, base stations and towers can cut total operational energy costs. Since both customers and governments want environmentally friendly telecoms, we may anticipate seeing ongoing advancements in efforts and technological developments leading to numerous sustainability initiatives as we welcome the new year.
The performance of mobile VoIP systems is predicted to increase with the arrival of 5G networks. We should expect more organizations to use this mobile setup as more VoIP providers provide integrated app support solutions. That is, more professionals will use app-based virtual numbers for business calls, conferencing, and team meetings in the upcoming year. Having a mobile VoIP system will allow faster, cheaper, and more efficient business communications.
Conclusion
We hope you’ve enjoyed this brief look at the trends that are going to dominate the telecom industry very shortly. The year 2023 is shaping up to be a big one for telecoms, with new trends emerging and others continuing from 2022. We’ll be keeping an eye on these developments and the innovations they will bring.
