The Rise In Smart Device Usage And Variety
The global broadband market remains strong, estimated to reach $326 billion globally by 2024, according to the OMDIA report “The Future Telco-Connected Home.” Yet, despite the strong forecast, service providers are searching for additional ways to broaden the utility of data plans in order to retain and increase market share. As a disclosure, my company Radisys is a global leader in open telecom solutions, delivering full lifecycle support to help service providers build and operate networks.
Smart living solutions complement operator broadband portfolios with life-enriching home automation capabilities that boost data usage and present new revenue opportunities for service providers to differentiate their offerings. As a result, smart living solutions allow service providers to capture more subscriber spending while delivering unmatched subscriber experiences.
