[May 20, 2019] |
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Blockchain in Telecom Industry, 2019 Report: Applications, Platforms, Use Cases, Developments, Key Players in the Industries, & SWOT Analysis - ResearchAndMarkets.com
The "Blockchain
in Telecom Industry" report has been added to ResearchAndMarkets.com's
offering.
The telecom industry has been providing almost all the necessary
infrastructure for the blockchain technology to operate. Blockchain
itself is in a very nascent and untested stage, and there is no
real-life example of its applications on a substantial scale, except
crypto business. Besides the finance industry, where cryptocurrencies
storm the world, there is comparatively very little known about its
applications in other industries.
However, that does not imply that there is not much happening elsewhere.
Almost all other industries somehow involved in exploring how the
blockchain can work for their businesses. So far, most of these projects
are either on a pilot scale or partially nested in collaboration with
the existing platforms.
Unlike other industries, the telecom industry faces a unique challenge
which is the extra large customer base in the form of multi-billion
phone subscribers. The ecosystem can be further complicated with cross
networks, international calls and roaming.
For telecom companies, to build expertise and develop applications on a
universal scale requires multi-billion investments. Such huge investment
in an uncharted field involves high risks which deter companies to
spearhead by its own. Notwithstanding, this has encouraged telecom
companies to work together in a consortium to share knowledge and costs.
Some companies are employing a dual strategy by developing in-house
expertise as well as also joined consortiums and investment partnerships
with other companies.
There are various partnerships in the telecom industry on a global
scale, for instance, Carrier Blockchain Study Group (CBSG) aiming to
specifically develop a blockchain platform for telecom carriers
addressing digital payments, authentication, IoT, clearing and
settlement etc. Similarly, ITW Global Leaders' Forum (GLF) with the
involvement of its members completed a multi-lateral blockchain Proof of
Concept (PoC) to settle voice transactions between multiple carriers in
minutes rather than hours.
The author understands that similar tocarriers companies, regulators,
equipment vendors and handsets manufacturers are also equally involved
in developing the blockchain technology. For instance, Deutsche Telekom (News - Alert)
is working in partnership with Camelot ITLab and SAP for building a
global blockchain system which can block and erase personal data from
the stolen phones. Zipper and Jolla partnered to make blockchain based
platform for Sony Xperia devices, while Samsung (News - Alert) is rumoured to introduce
blockchain features in the upcoming Galaxy S10. Major blockchain
platform providers such as Microsoft, IBM, SAP and Oracle (News - Alert) are also
actively involved with telecom companies.
On a state level, Switzerland's state-owned telecoms provider Swisscom (News - Alert)
is joining hands with the national postal service Swiss Post for a
national blockchain infrastructure. Their first pilot application, which
is based on Hyperledger Fabric 2.0 software, is expected to be launched
by Q2 2019.
The author ascertains that most of the use cases are aiming for process
optimisation, while some are experimenting with entirely new services &
business models. So far, telecom companies are mainly concentrating on
OSS/BSS process and supply chain management, where currently there is a
minimal threat for these established companies from new entrants.
However, in addition to their strongholds, more to be done to capture
the new revenue generation streams such as mobile payments and banking,
a marketplace for unused capacity and IoT connectivity.
Key questions answered
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How will blockchain technology reshape the telecom sector?
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How are some key companies applying the blockchain in the telecom
market?
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What will be the main threats and opportunities for the blockchain in
telecom?
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What will be the major drivers behind the fast growth of blockchain in
telecom?
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The current and future demand dynamics of blockchain technology in
various regions
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Blockchain technology and key developments in the telecom sector
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Detailed discussions on market strategies and competitive landscapes
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SWOT analysis of blockchain in telecom
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Key trend and developments assessments
Opportunity Assessment of Blockchain Technology in the Telecom
Market: Key Areas covered
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Applications
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Platforms
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Use cases
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Key developments
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Key players in the industries
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SWOT Analysis
Who should buy this report?
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Telecom companies including carriers, equipment and service providers
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Information technology companies operating in the blockchain
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Blockchain technology companies
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Government bodies
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Industry consultants, researchers and analysts
Key Topics Covered:
1. Executive summary
1.1 Key findings
2. Introduction
2.1 Blockchain system
2.2 Blockchain in the telecom sector
2.3 Methodology
3. Applications
3.1 Business models for blockchain technology
4. Market Analysis
4.1 Key telecom companies and blockchain technology
5. SWOT analysis
5.1 Strengths
5.2 Weaknesses
5.3 Opportunities
5.4 Threats
6. Growth assessment- drivers and restraints
6.1 Drivers
6.2 Restraints
7. Conclusions and recommendations
7.1 Conclusion
7.2 Recommendations
Companies Mentioned
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Camelot ITLab
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Carrier Blockchain Study Group
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Deutsche Telekom
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IBM
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ITW Global Leaders' Forum
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Jolla
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Microsoft
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Oracle
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SAP (News - Alert)
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Samsung
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Sony
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Swiss Post
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Swisscom
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Zipper
For more information about this report visit https://www.researchandmarkets.com/r/t6m4je
View source version on businesswire.com: https://www.businesswire.com/news/home/20190520005347/en/
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