Telecom Industry Trends for 2021

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Telecom Industry Trends for 2021
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In 2020, the lockdowns and shutdowns caused by
COVID-19 pandemic impacted the telecom industry
by increasing mobile data consumption, voice
traffic, and residential broadband. The telecom
companies took many initiatives and make many
operational changes to improve customer
experience and generate revenue consistently. The
telecom companies will continue to lunch new
projects, experiment with new business models,
and improve network experience to stay profitable
in the post-pandemic world. We can prepare a
list of telecom industry trends for 2021 based on
the information and data collected from diverse
online sources. 8 Trends That Will Shape and
Transform the Telecom Industry in 2020
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OpenRAN Architecture Unlike conventional radio
access network (RAN), open radio access network
(OpenRAN) architecture enable network operators
to design and implement 4G and 5G networks by
integrating vendor-neutral software and hardware
components. In 2020, leading telecom companies
adopted the new-generation technology to speed up
network expansion and reduce network cost.
OpenRAN creates an opportunity for telecom
operators to get software and hardware components
from many equipment vendors. In 2021, OpenRAN
will transform the telecom industry by becoming
the new normal. Here is an interesting blog
on benefits of OpenRAN.
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5G Networks In many countries, telecom
companies are planning to offer 5G services
commercially by late 2020. In 2021, the telecom
companies will implement 5G networks and offer 5G
services gradually. 5G will transform the network
experience of consumers by delivering ultrafast
speed and ultralow latency. At the same time, 5G
will also boost Internet of Things (IoT) by
facilitating massive machine-type communication.
Telecom companies across the world have already
started creating new and innovative use cases for
5G. In 2021, telecom companies will leverage 5G
to launch a slew of 5G services and solutions
that did not exist in 2020.
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AI And ML 5G will act as a medium to drive
integration of artificial intelligence (AI) and
machine learning (ML) into the network edge. The
next-generation wireless networks will leverage
AI and ML to forecast end-user distribution,
predict peak traffic, and enhance network
capability. The ML algorithms will make it easier
for telecom companies to implement network
slicing and beamforming. AI and ML will create
opportunities for telecom companies to boost
network experience and curtail network cost
through automation. AI-based communication will
further lead to the development of smart cities
by facilitating decision making based on
real-time data.
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Mobile Edge Computing Many telecom companies have
already launched projects to implement mobile
edge computing to cater to the exponential growth
of smartphones and IoT devices. Many tech
analysts believe that mobile edge computing will
transform the telecom industry in 2021 as a
disruptive technology. The telecom companies will
leverage edge computing to bring data storage and
computing closer to the end-users devices. In
addition to reducing latency, edge computing will
speed up the processing of real-time data
collected and transmitted through connected
devices. Many telecom companies are expected to
diverse resources to mobile edge computing from a
public cloud to store data locally.
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Next-Generation IoT According to SecurityToday.com
, Every second127 new IoT devices are connected
to the web. During 2020experts estimate the
installation of 31 billion IoT devices. The
disruptions caused by COVID-19 pandemic made
enterprises from various industries invest in
IoT. Also, the demand for smart home devices
surged in 2020. The ultrafast speed and ultralow
latency enabled by 5G will boost IoT by making
connected devices exchange real-time data almost
instantly. The telecom companies have to expand
and upgrade networks to cater to the data usage
needs of new IoT solutions and applications used
by enterprises across industries.
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Smart Cities In addition to boosting IoT, the
mass-scale implementation of 5G will encourage
many policymakers and city leaders to set up
smart cities. The smart cities will rely on
telecom networks to manage services, assets, and
resources efficiently by getting actionable
insights from a large amount of real-time data.
The telecom operators have to act as smart
connectivity providers to meet the needs of smart
cities. But they have to address a new set of
challenges proactively in 2021 to play a key role
in the development of smart cities. Here is my
detailed take on 5G impact on smart cities.
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Network Footprint Expansion In 2021, many
enterprises and organization will allow employees
to work from home. Likewise, many students
prefer online live classes or eLearning to
conventional classrooms in the post-pandemic
worlds. Also, 5G is expected to increase mobile
data usage by 400 in the near future. That is
why the telecom companies will expand network
footprint to meet the needs of enterprise and
residential consumers. Also, they have to
maintain network speed and reliability to support
massive machine-type interactions. They will keep
expanding the already-established network as well
as upgrade the existing network to leverage RAN
and facilitate mass-scale 5G implementation.
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Diversified Ecosystem In 2020, leading network
operators, device manufacturers, and
chip-manufacturers formed the Open RAN Policy
Coalition with the aim to keep wireless
technologies like 5G open and interoperable. The
members of the coalition have already launched
projects and announced plans to facilitate
designing and implementation of modular telecom
networks that do not depend upon a single vendor.
In 2021, more network operators are expected to
come together, join such alliances, and form new
alliances to adopt disruptive technologies.
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In 2021, disruptive technologies like 5G and
mobile edge computing will transform the telecom
industry. The telecom companies have to expand
and update their network infrastructure to
accelerate the commercial implementation of 5G
networks. At the same time, they have to change
existing business models, launch new solutions,
and form new alliances to remain profitable and
relevant in the post-pandemic world.
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