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BICS Report Addresses 4G, 5G, IoT, Roaming, VoIP, VoLTE Trends
A 2018 Outlook report just published by international communications company BICS offers a review of fairly recent telecommunications changes and, as its name implies, provides some perspective as to what we may see in the future.
This publication, which identifies trends and drivers in wholesale telecommunications, notes the decline of traditional voice services and revenues. It documents the rise of over-the-top communications applications such as Facebook Messenger, Skype (News - Alert), Snapchat, and WhatsApp. It points to the growth in 4G traffic. It tracks the path of 5G. It refers to the expansion of the Internet of Things. And it suggests that communication service providers address all of the above by better understanding and catering to customers, embracing the cloud, offering IoT security services, and employing wholesale services.
Although OTT applications from relative newcomers have challenged the services of traditional communication services providers, they are underpinned by CSP (News - Alert) infrastructure and services like VoIP and VoLTE, the report says. It adds that mobility and demand for roaming will drive international traffic in this realm to see a compound annual growth rate of 99.3 percent by the end of 2020.
And while traditional voice service and SMS revenues are on the decline due in large part to OTT offerings, BICS says “SMS is far from dead.” Instead, the company’s report suggests, it is being revived as a way for businesses to instantly engage with their customers.
BICS also talks about what’s happening with 4G and 5G.
The company says it has seen 4G traffic on its own network triple. It adds that “as services are deployed across more regions – and awareness of the EU’s ‘Roam like at Home’ ruling gathers pace – IPX interconnections and LTE (News - Alert) roaming traffic will increase.” (Europe in June scrapped roaming fees between EU countries. And the BICS report indicates that creates a precedent for more of this kind of thing in other parts of the world.)
The company also notes that 5G is on the way. The 3GPP is expected to issue Release 15 by end of 2018. BICS adds that by 2020, a second, final, document is expected to be released.
Edited by Mandi Nowitz