The report found that 4K video services – and an array of ‘Internet of Things’ smart home devices – will place the network under additional strain. Hence, stakeholders will need to rapidly ensure that their networks are modernised and transitioned from legacy technologies such as IPv4 and CGNAT if they are to remain a viable player in meeting consumers’ expectations.
Other key findings include:
- Industry collaboration between stakeholders is crucial to realising the potential of the ‘Internet of Things’; no single stakeholder is likely to be able to dominate thanks to the number of verticals within the home.
- Security and Control elements of the Smart Home will reveal a service provider opportunity approaching $12 billion by 2018 as automation elements are added to service propositions. Nevertheless, providers must examine the real ‘value add’ in order to capitalize on this market.
