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Could Starlink Replace Fixed-Line Broadband for Business?

broadband

Could Starlink Replace Fixed-Line Broadband for Business?

Starlink is Elon Musk’s satellite internet project enabled by his extremely successful SpaceX company. It’s a series of satellites, or ‘satellite constellation’ in the words of SpaceX, that will deliver global internet coverage when complete.

Which begs the question. Will Starlink replace fixed-line broadband for business?

What is Starlink?

Starlink has a laudable goal: to provide internet access to anyone, anywhere. 

The satellite constellation will provide internet connectivity across the globe accessible using a satellite dish. So, no matter where you are and what fixed-line speeds you have, you’ll soon have another option.

The project is part of SpaceX, Elon Musk’s commercial answer to NASA. The company is steadily launching satellites into space to build their constellation, with a lot of coverage already in orbit.

Broadband speeds

As speed is so important in broadband, how will Starlink compare to fixed-line connections?

According to the Starlink website, download speeds will be between ‘100 Mb/s and 200 Mb/s’ and upload speeds of ‘around 40Mb/s’.

Compare that to the global average of 56.09Mbps download and 23.56Mbps upload and you’ll see quite the speed advantage.

Broadband latency

One hurdle Starlink has to overcome is latency, or ping time. That’s the delay in transmission between your router and the destination. 

The more the delay, the longer you have to wait between clicking a button or taking an action and seeing it reflected on screen.

Traditionally, satellite broadband has struggled with latency due to the huge distances involved. 

The further internet traffic has to travel, the longer the latency. Light travels at a finite speed and while fast, there is an inevitable delay in sending traffic from your computer to the satellite, across the constellation to a ground station, to the website or app and back again.

Starlink promises ‘latency as low as 20ms in most locations’, which is a significant difference to traditional satellite broadband. 

It is able to achieve this by inserting satellites in a Low Earth Orbit (LEO), while most other satellite broadband orbits much further away. However, the downside of this approach is that you need more satellites to cover the same area, hence why Starlink has to use vast constellations of satellites.

Will Starlink link be the solution for rural businesses?

We would say Starlink could be ‘a’ solution for rural businesses rather than ‘the’ solution. 

Most countries carry out continuous improvements on broadband networks, but it takes time and money.

That time and money is understandably spent in towns and cities first where providers can immediately begin recouping their investment. Rural areas usually come later, much later.

Starlink removes some of that delay.

Rural businesses are important to an economy but provide meager returns on investment. That’s something Starlink could genuinely change.

Around 2% of the UK’s rural businesses have less than 10Mbps broadband with no signs of a change anytime soon.

Starlink offers 10 times that and will be ready soon.

How does the UK compare to other countries for fibre coverage?

The UK currently has 24% full fibre coverage but falls behind many other countries.

Portugal has 77% full fibre coverage and Spain has pledged to reach 100% of ultrafast broadband by 2025. The US currently sits at 43% coverage while Germany sits at around 11% full fibre coverage.

What fixed-line connections are out there for rural businesses?

Fixed-line broadband options are few and far between. Depending on where in the world you live. You can compare fibre broadband deals with Broadband Genie but if none are available, you do have the option of a private leased line, community fibre project, community WiFi project or local fibre cooperative.

Private leased lines are very fast but very expensive. Community projects are not very common and fibre cooperatives or local fibre networks are even less common.

This is an area where Starlink could fulfill a genuine need.

How do the costs compare?

Alongside speed, cost is a primary consideration for any broadband customer. So how do fixed-line and Starlink compare?

Setup costs

Many fixed-line residential and business broadband contracts don’t have setup costs. Any costs incurred by the provider are built into the monthly fee to make them more palatable.

Business options such as leased lines can have setup costs but these are being phased out for the same reasons. 

Starlink doesn’t advertise its setup or running costs but if you pre-order, you’ll see the figure of $600 (£439/€522) used a lot. That will include the satellite dish, WiFi router, cabling and base. That’s a pretty substantial amount compared to the minimal expense required for some other types of broadband.

Monthly costs

The monthly fee is the headline fee we all see when shopping around for broadband deals. 

Monthly costs for fixed-line business broadband vary a lot. It could be as little as £20 (€23/$26) for 50Mbps (UK prices) and go much higher.

A leased line costs from £195 per month (BTnet Express) which is $262 or €232.

Starlink is currently not advertising monthly costs but the pre-order page says that it will cost around £89/€105/$119 per month. 

Whether that fee will include data caps or not remains to be seen. We imagine it will, at least to begin with.

Those prices are not confirmed and may be cheaper in developing countries. It’s difficult to know for sure until the company formally announces pricing.

Is there a way I can reduce the cost of a leased line?

Leased lines are an expensive option for businesses but often the only way to access faster speeds. While many providers are phasing out installation costs, that monthly fee can be significant.

You can reduce the cost of a leased line by sharing it with other businesses. For example, if you work in a building with others, you could have a single leased line shared between you.

This would provide the speed you’re looking for while dividing the cost between however many companies share it.

Can I get Starlink broadband for my business?

Starlink isn’t available everywhere just yet so you may not be able to get it for your business.

The rollout is said to begin soon, with a limited rollout during Q4 2021 in the US. This is a limited rollout open to around 100,000 customers.

Uptake has been so good that there is currently a waiting list of over 500,000 people. This has led Starlink to delay open signups until mid-2022 or 2023. 

A quick check on the pre-order page for the UK gives a date of ‘mid-2022’.

Coverage and availability

Coverage is expanding every time SpaceX launches more satellites but it’s spotty right now. 

Rollout has been delayed somewhat by the ongoing global semiconductor shortages but the company says it is going as fast as it can.

Putting random addresses into the pre-order page gives those 2022 or 2023 dates while others, mainly in the US, gives a different message ‘Starlink is currently at capacity in your area, so your order may not be fulfilled until 2023 or later.’

Your best bet is to put your own address into the ‘Service Address’ box at the top of the Starlink website to see when it will be available in your area.

Starlink and fixed-line business broadband

There is no doubt that Starlink will definitely be a viable alternative to fixed line or mobile broadband, but not yet.

A combination of the huge scope of the project, semiconductor shortages and massive demand means you’re probably going to have to wait a while.

But, if you’re in a rural area or a slow broadband area, you’re probably well used to waiting for things, right?

wholesale ecosystem

North America’s Wholesale Voice Carrier Market Size to Surpass US$8 Billion by 2026

According to a recent study from market research firm Graphical Research, the North America wholesale voice carrier market size is set to register significant growth during the forecast timeframe. One of the major reasons for this is the rapid commercialization of 5G technology. This technology is being adopted at a high rate by several enterprises to leverage different wholesale voice services.

The investments made towards 5G network solutions are increasing today because of the possibility it offers to service providers to diversify their portfolio and help them grow their market share. There are several mobile operators today that are upping their investments in futuristic 5G networks to help them cater to the increasing demand for high-quality connectivity among consumers while increasing the range of their mobile data services for customers.

The growing need among service providers to opt for cost-effective wholesale voice carriers will boost the demand for voice termination services in North America. In fact, this segment held an overall share of more than 70% in the regional wholesale voice carrier market during 2019. Voice termination services are gaining tremendous momentum over traditional voice and data solutions because of the increase in demand for high-quality voice calling among consumers.

On the basis of transmission, the market share from leased network services in North America will grow at a steady rate of more than 10% CAGR through 2026. There is a sudden spike in the percentage of service providers opting for leased network infrastructure. They prefer leasing a part of the overall infrastructure so that they can set up their voice carrier facilities in emerging markets. As the telecom industry is growing, the number of service providers opting for leasing the network infrastructure from Tier-1 operators has increased as well. This helps the Tier-2 and Tier-3 network providers lower the overall network ownership cost.

VoIP (Voice over Internet Protocol) services adoption will grow at a substantial rate, capturing over 40% of wholesale voice carrier market share in North America in 2019 alone. A major reason for this is the several benefits of these services for customers across the region. They reduce the overall cost of long-distance domestic calls and the cost of international calls is lower as well. The quality of phone calls made with the help of VoIP is greater as compared to the ones made using Public Switched Telephone Network (PSTN).

Canada’s wholesale voice carrier market will expand at a greater rate during the forecast period of 2020-2026 because of the strength in demand for voice carrier services in the country. The nation is even coming up with different mechanisms to reduce the number of fraudulent calls taking place over networks, thereby providing strong protection against scammers. The demand for 5G technology services has increased by many folds in the country. The local telecom service providers are getting into partnerships with other firms to provide these high-speed services to their customers.

In February 2020, Huawei and Telus Corporation announced a partnership to launch 5G network services in Canada. This collaboration was implemented by following all the governmental protocols laid for network services and the enterprises across the country are now benefiting with the availability of high-speed internet connection.

Some of the leading companies providing wholesale voice carrier services in North America are CenturyLink Inc., BT Group PLC, Alepo, AT&T Inc., NTT Corporation, TATA Communications Ltd. among many others.

Source: https://www.graphicalresearch.com/industry-insights/1864/north-america-wholesale-voice-carrier-market

digital

Rising Trends for Companies Looking at Digital Avenues for Business

Business in the COVID Pandemic – Companies and Individuals Turning To Digital Avenues

The COVID-19 pandemic has challenged the entire framework of worldwide economic and social structures. People and businesses must work out solutions for surviving in an environment where staying at home has become critical for safety and health. Technology and digital avenues are now a practical way to serve customers, manage operations, and earn profits. Working online has become a viable option for businesses and professionals alike, regardless of their size. Here’s a closer look at the survival strategies adopted during the pandemic.

How the Corporate Culture Is Adapting

Companies in different sectors and worldwide locations have adapted by focusing on the accelerated digitization of their operations by at least three to four years. In all internal and external processes ranging from organizing supply chains of raw materials to production and supplying to customers – wherever possible, larger investments are being made in automation and contactless performance.

The Stress Is More on Digitally-Enabled Products

Adapting their portfolio and offering a more comprehensive range of digital and digitally-enabled products and services to maintain their client base is another survival strategy companies have adopted. Statistics indicate an acceleration of around seven years in how products are researched, developed, and produced. Offering online and doorstep delivery is also a practical option to encourage sales and stay competitive.

Several sectors like financial services, professional services, healthcare, and pharmaceuticals report an exponential hike in demand compared to consumer packaged goods (CPG). Some excellent examples include developing channel manager apps, digital marketing and SEO services, online coursework, and educational products.

Overcoming Resistance To Change Has Become Critical for Survival

Issues with altering the existing organizational structure and integrating technology have impeded efforts to make changes before the pandemic. The reasons cited included the possibility of clients being disinterested in digitization and the higher risk of data breaches and identity theft. However, top executives not prioritizing the transition or being unwilling to allocate the necessary funding have been the primary reasons.

The pandemic has created an environment where companies must adapt or fail. Implementing the necessary changes becomes critical considering that competitors are opening up to newer and more streamlined operational techniques. It comes down to adapting or going out of business. Catering to customer demand with stress on offerings that comply with the new health and hygiene requirements has necessitated the adoption of digital avenues for conducting business.

Companies Are Offering WFH Options

Companies are now open to raising the costs of hiring trained personnel to run operations and purchasing advanced equipment to serve customers. That includes software and hardware complete with cutting-edge solutions to prevent data breaches and provide secure platforms for conducting transactions and sales. Cutting back on in-office teams and providing work-from-home options seems to be the new normal.

Organizations and the people working in them have recognized the positives of remote working options before the pandemic. From the business perspective, operational costs and overheads are lower while productivity levels are higher. Since the COVID-19 lockdowns, employees are being encouraged to work from home. Some are also provided with the necessary equipment, such as laptops and secure Wi-Fi connections to safeguard intellectual property and company data. Video conferencing and document sharing apps allow teams to coordinate efforts and keep up with their deliverables.

Hiring Remote Teams Is an Economical Work Process

Hiring the services of online freelance contractors to keep the company operational is also the way to go. Several aspects can function with the assistance of a remote notary, accountant, SEO, digital advertising and marketing specialist, bookkeeping, attorney, data analyst, and various others. In the past, executives would take up to 12 months or more to develop and implement remote working solutions, but this timeline has been cut down to as low as a couple of weeks during the pandemic.

Digitization Has Opened New Employment Opportunities.

The demand for digital services and professionals providing those services has led to more people turning to the industry to find jobs. The COVID pandemic has resulted in the loss of an estimated 114 million jobs, with close to $3.7 trillion lost in labor income. Although people are returning to work in 2021, the International Labour Organization predicts that global working hours are unlikely to return to their pre-pandemic numbers.

The workforce must look for other avenues to earn a livelihood, considering that close to 97,966 companies have closed down permanently in the US alone. Digital marketing has emerged as an industry that has the potential to absorb a large section of the newly available talent. As long as they have a computer and a fast and reliable internet connection, any person can train and start working in this sector. Not only are there lots of accredited courses available for professionals wishing to work in the digital sphere, but there are also several websites and social media platforms offering access to jobs and employment.

The New Normal and Digitization Is Here to Stay

The COVID-19 pandemic is permanently altering how companies, consumers, and employees live and work. Experts predict that even after the crises have passed, the reliance on digital avenues for conducting business and working will continue. The protocols and behavior adopted during the pandemic are likely to last, and organizations must evolve to function according to customer demand. Employing digital channels has become indispensable in providing a holistic customer experience and remaining competitive in their respective industries. Organizations may also have to overhaul their long-term visions for business strategies and objectives to accommodate digital integration.

Over time, as digital solutions advance and innovations emerge, companies may have to employ them to deliver more customer-centric products and services. Adopting suitable approaches while experimenting with new technology is critical for survival. From the individual professional’s perspective, digital avenues could prove to be a viable source of primary income or even a side hustle to make some extra money to supplement their earnings.

global manufacturing

The Importance of Connectivity in a Global Manufacturing Footprint

While the Internet of Things (IoT) has taken our homes by storm with smart lightbulbs, HVAC systems, TVs, and beyond – the Industrial Internet of Things (IIoT) and cyber-physical systems (CPS) are bringing a new wave of innovation to the manufacturing floor.

IIoT and CPSs provide your enterprise with the ability to network together multiple machines, sensors, instruments, and other devices across your global footprint and gain valuable insights to improve your manufacturing operations. CPS technologies are essentially an ecosystem of IIoT devices and can exchange data and control actions within the ecosystem.

While the IIoT and CSP evolution in modern manufacturing are exciting, it would not be possible, or safe for that matter, without a reliable, scalable, and secure network connectivity backbone. Here we will discuss the importance of connectivity to your global manufacturing footprint.

Connectivity: What’s the point?

Whether you work at an utterly tech-enabled manufacturing enterprise or one that solely relies on connectivity for communications, your connectivity is mission-critical in 2021. As the world economy progresses, more and more of your operations are moving online.

Your customers, employees, stakeholders, and managers require data integrity, security, transparency, and availability. Simple accounts payable or customer invoice processing can no longer be managed through a filing cabinet paper trail. Furthermore, preventative maintenance and other manual industrial processes can no longer afford to be handled in an offline and ad hoc manner. The best enterprises in 2021 will use IIoT and CPS to manage the shift from preventative maintenance to predictive maintenance schedules. This means that they will use AI and IoT to predict when conveyor belts will need replacement rather than guessing the wear over time.

Whether you are simply processing customer invoices or implementing exciting new manufacturing technology, your reliance on network connectivity keeps increasing every day with each megabyte of data your enterprise produces.

Choosing the Right Connectivity Solution

The right connectivity solution for a successful global manufacturing footprint will have two key attributes: capability and reliability. If your wide area network (WAN) and every local area network (LAN) has these attributes in place, you can be confident that your global manufacturing footprint is connected for success.

Capability

Your network needs to have the capability to meet the needs of your global manufacturing footprint. In networking terms, capability refers to bandwidth.

Bandwidth is the maximum amount of data that your connection can handle at any moment and is measured as megabits per second Mbps. If you’re running a global footprint with high data needs, yours is likely measured in Gbps – gigabytes per second.

Suppose you’re on a voice-over internet protocol (VOIP) phone call at your manufacturing plant and the quality of your call degrades when an engineer uploads a large 3D-CAD design to your servers. In that case, it’s likely that your network does not have adequate bandwidth to support your enterprise’s needs.

As you’d expect, the higher bandwidth your network has, the higher the cost likely is. It’s essential to make an educated estimate of your bandwidth requirements to ensure your business can function without overpaying for bandwidth you don’t need. Thankfully, there are online guides to help you do just that.

Reliability

A reliable network offers adequate speeds, minimal packet loss and jitter, limited to no unexpected downtime, and maximum security.

Low latency and minimal packet loss/jitter are required to run a smooth global manufacturing operation, impacting everything from simple email communications to production schedules. Latency is the technical term for the speed or rate at data moves across your network. Packet loss and jitter, which refer to when data is lost or mixed up in transfer, also impact your network reliability.

Internet outages and network downtime are expensive in more ways than one. Suppose your facility has payables due or orders to be shipped but is unable to communicate with the required constituents. In that case, network downtime can be detrimental to your performance and your enterprises’ reputation. One way to avoid downtime is with an adequately redundant network backbone that ensures that if your internet connection drops out, every one of your locations and customers can still function and access your services. Failover is the method of switching between your primary and secondary connectivity systems.

Luckily, many providers offer service-level agreements (SLAs) to ensure a specific level of network reliability regarding latency, packet loss, jitter, and network uptime/failover processes. Be sure to read the fine print of your SLA before signing up for connectivity services.

However, given the prevalence of malware and network intrusions, most SLAs explicitly does not cover network security. It’s up to your IT team to ensure that your network is adequately protected from cyber threats using firewalls, encryption, and security protocol.

What’s Next

If reading this prompts you to question the capability and reliability of your enterprises’ connectivity, it might be time for you to reassess your network architecture and providers.

But as a global manufacturing enterprise, your time and resources should be focused on your core competencies, not your Internet connection. There are plenty of telecom agents, managed service providers, and IT consultancies who are eager to help out if your IT team is not fully equipped to find the best solution for your enterprise.

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Ginger Woolridge is the Head of Growth at Lightyear, a web platform that helps businesses comparison shop for network services (dedicated internet access, WAN solutions, VoIP, managed services, etc.). Ginger is based in NYC.

telecom

Connectivity is Key – VP of U.S. Telecom Provider Rodney Sanders on Challenges and Opportunities for Industry Growth Amid 2021 ‘New Normal’

Maintaining ‘security of supply’ in internet and communications technology (ICT)-driven connectivity for both America’s urban and rural communities has played a pivotal role in the telecommunications industry’s exponential growth in 2020 and also to ensuring stability and recovery for a myriad of industries in the wake of the COVID-19 pandemic. 
 
Rodney Sanders, Vice President of Velocity Telecom, provides insider perspective on the road ahead for the industry of ‘bandwidth’.

Has the manner in which your telecommunications company manages projects or completes physical installations been altered due to the ramifications of COVID-19?

Our staff members (of which we have approximately 60-75) have to physically travel to our clients’ facilities; have to engineer, furnish and install (EF&I) and test their equipment completely on-site.

We are primarily hardware people – We are one of those industries wherein you cannot work from home.

Unlike certain sectors, where you can pass on information or facilitate technology transfer via the internet, we have to physically enter a warehouse, extract the inventory or equipment and physically deliver it to our clients’ facilities.

And so at Velocity, we took it upon ourselves to virtualize quickly and effectively; we were able to incorporate remote video technologies to keep connected with our in-the-field installation staff and the quality of their daily work efforts.  Within our own facilities, we added the extra step of wiping down all newly-arrived equipment and materials, installingUV light air scrubbers in our offices and warehouses, as well as incorporating other clean practices including spraying down the offices twice a day with industrial grade foggers like those used on commercial aircraft.

Our employees have switched to ‘shift work’ within the offices, so that they are only operating at 25% capacity and rarely in the same place at the same time.

Safety is a top priority for our organization, both in meeting the COVID-19 adherence requirements of the U.S. States wherein we operate when servicing our clients and in engaging with each other as a Team amid this ‘new normal’.

We are always open to augmenting our client services to help provide a turnkey solution, one that so many of our clients demand.

How did the onset of COVID-19 impact the telecoms installation industry? Did it slow down or speed up due to this need for virtualization?

While many industries saw fault-lines in their supply chains, we understood the opportunity and moreover, the responsibility inherent to digital connectivity. The onset of COVID-19 grew the telecoms installation industry exponentially.

With everyone safely at home, whether working remotely or attending school online, this created a massive utilization shift from the traditional commercial venue to the residential arena. This then created an immediate need to build-out and augment the residential infrastructure capacity, in some cases completely anew, in order to handle those elevated utilization levels.

It’s interesting – In the initial throes, we faced a marginal lull, as did so many sectors across the rest of the world. Due to the historical nature of our industry, which routinely has lapses in workload, we established a process several years ago to provide full paychecks to our employees during times of less than full employment rather than simply bench them.

At the onset of the pandemic, we put our process into place and made the decision to ensure that no employee was left behind without a paycheck. Not every company was able to sustain the COVID-19 pandemic in the same way.

Now, as the demand for remote learning, working from home, tele-meetings, remote medical appointments has steadily increased, so has our workload.  We are grateful for our employees’ tenacity and loyalty to our Team and to those we serve during this unprecedented period.

How specifically have standards and practices changed in order for installations to be carried out safely?

We’ve added enhanced levels of project management and coordination that did not exist previously. We quickly implemented temperature checks and, of course, the wearing of face-masks on a daily basis. We also reduced the number of installation staff that operate within a given client site.

While we developed our set of safety protocols, we also had to mesh our new standards with the expectations and standards given to us by our clients.  Each step of project installation and management had to be re-evaluated in order to have the safest outcome.  We repeatedly reinforced to our staff, especially our installations, the extensive efforts being taken to assure their safety in the uncertain environment.

We believe it was important not only to make such an effort, but to give them the confidence to go about doing their job.

Our installation crews used to change depending on various needs, but now there is absolutely no mixing of tech-teams between assignments. Our installation crews are firmly assigned, and act as insulated ‘pods’ or work units. This ensures that if one member of our team happens to come down with symptoms of COVID-19, it is limited to that pod. This allows for insulated containment in the event of an unlikely positive test.

How has the telecommunications supply chain been affected and what kind of ramifications did this pose to your projects?

Supply quickly decreased while demand seemingly increased overnight, to be sure.

We have had to dramatically increase our lead-times for equipment and materials as well as rapidly pivot in expanding our supplier base to ensure that we meet our clients’ myriad of often complex needs.

Currently, we have extended forecasting from one month to four months to ensure that we have the equipment and materials necessary to meet our clients’ deadlines, resulting in a VAST increase in our investment in inventory regarding both installation materials and equipment.

China’s frenetic infrastructure build-out has caused a scramble in the United States cross-sector and our supply chain is no different.

‘Proactivity’ and forecasting market trends and security of supply will be critical to our continued growth.

Advancements in technology occur at such a rapid pace. How does Velocity continue to keep up with the frenetic tempo in order to stay ahead of the curve?

It seems that with each technological advancement, we sometimes find ourselves at a new railroad crossing, where we simply need to ‘Stop, Look, Listen, and Learn’.

We perform work for a variety of Telecom clients that push us to deliver a gamut of ever-changing skills, processes, techniques, and services. We adapt to this demand by having our staff learn and adhere to strict standards, obtain specific certifications when needed, and utilize our own in-house training area.

At the highest levels, we have found that our Telecommunications clients traditionally request completely bespoke, turnkey solutions. They want a vendor that can handle as many pieces of the puzzle as possible, and Velocity listened.

We went from being an installation company to procuring a 10,000 sq. ft. inventory warehouse, transitioning to become an installation and furnish company in light of increasing client demand.

We are now able to provide turnkey solutions, from an ‘outside plant to an inside plant’. The result is that we run many of our client’s projects from cradle to grave, operating 24 hours a day, 5 days a week.

Take your typical office complex – You would traditionally have two different companies addressing your internal and external connectivity solutions; today, those assignments are handled entirely by Velocity.

As to addressing technology, our approach is simple. We adapt, while providing for our clients a seamless user-experience.

We always start from a 35,000 ft overview and work our way down to the granular ground-level so that we evaluate and capture our clients’ needs. We then execute our services to be delivered on-time, on-budget, on spec, each and every time.

In terms of innovations, I would point to our ‘thin-client’ username and password technology; We developed a proprietary repository for our end-users to log-in and view their projects’ status, the project’s percentage of completion, applicable to each and every Velocity client.

From this ‘dashboard’ installation portal, we maintain an open line of communication with our clients, enabling them to view their project documents and even access progress photos at all times from anywhere in the world.

How is the telecoms industry evolving? What role Velocity will play within it over the next decade?

The ability to increase reliability and bandwidth is what moves the needle for all telecom and cable providers; the ability to be at the forefront in terms of expertise and execution is what drives Velocity.

We pride ourselves on the ability to pivot to every need, every want of our clients. Versatility is the force multiplier that will sustain us through the next decade and beyond.

Being the industry leader of both long term projected projects and immediate response projects in the case of emergencies is the standard we hold for ourselves within the telecom industry.

lte

Private LTE Market is Projected to Reach USD 13 Billion by 2026

According to a recent study from market research firm Global Market Insights, The demand for the private LTE market is anticipated to grow at an incremental rate based on the increasing adoption of connected devices that require a reliable and secure communication network. Rapid urbanization and industrialization are driving the need for advanced communication technologies that are capable of handling smart logistics and manufacturing.

In order to keep up with the latest digital trends, workplaces are undertaking up-gradation activities such as implementing private LTE and industrial IoT networks. These upgrades can help enhance performance and productivity while ensuring minimal human intervention. Considering such aspects, Global Market Insights, Inc., estimates that the private LTE market might reach USD 13 billion by 2026.

The rising number of investments and developmental activities conducted by federal governments to promote the idea of smart cities could massively benefit the business outlook for private LTE providers over the predicted timeframe. However, high deployment costs pertaining to network upgrades could pose as one of the major dampening factors for this private LTE market.

The mining sector is steadily shifting towards remote applications and autonomous technologies to perform crucial tasks. Autonomous or remotely controlled equipment functioning through private networks could help mine owners to minimize human fatalities and accidents. Back in 2017, the mining industry saw nearly 17 fatalities that could be avoided by remote-controlled instruments.

The mining sector is one of the important aspects of the global economy and is integral to the infrastructure development of the nation. Mining corporations use digital solutions to adapt to the fluctuating demand, address the rising safety & environmental concerns, and control the operational costs. These solutions help introduce new levels of agility and automation to the mining facilities. It is speculated that the mining sector could spend nearly USD 2.9 billion on private networking by 2022.

In a recent turn of events, Canada based telecommunications company- Shaw Communications, had in October 2020, announced establishing its partnership with Nokia for the placement of Canada’s first industrial-grade Private LTE market network for Teck Resources Ltd’s mining systems. Labeled RACE21, the program is developed to transform the ways of mining by the company by harnessing innovation and technology. Besides, the network is also likely to offer larger connectivity and coverage at Teck’s Elkview Operations in British Columbia.

The rising adoption of smart connected systems across numerous industry verticals like transportation, urban planning, and manufacturing could enhance the deployment of private LTE networks across North America. The region controlled a major portion of the market share in 2019 and is predicted to maintain this trend by 2026.

Local agencies are also gaining interest in expanding their private LTE network. Citing an instance, Nokia along with Omega Wireless is working on launching 600 MHz private LTE network project that will support numerous critical applications for the New York Power Authority. The program intends to test the value of Nokia’s industrial-grade private LTE solution on Omega’s Band 71 spectrum.

Key Companies covered in the private LTE market are AT&T, Boingo, Casa Systems, Cisco, Druid Software, Ericsson, Future Technologies, General Dynamics, Huawei, Motorola, NetNumber, Nokia, PDV Wireless, Qualcomm, Rivada Networks, Ruckus Networks, Samsung, Sierra, SpiderCloud Wireless, Tait, Verizon, and ZTE.

Source: https://www.gminsights.com/pressrelease/private-lte-market