Key upcoming trends in the telecom industry and manufacturing space and expectations from 2017
No doubt that telecom sector has always been the epicentre for innovation across industries.
India has already surpassed US to become world’s second largest smartphone market. It is just an indication of untapped potential of telecom industry, specifically smartphone manufacturing. Besides, continuous and massive transformational impacts of digitization are also encouraging masses to adopt connected digital technologies, which would cohesively drive the growth of telecom Industry.
Innovation around technologies such as Internet of things (IoT), m-Payments, and high security features have paved a new path for handset manufacturing. These modern days’ novelties are poised to promote an overall ecosystem of ultra advanced smartphones. Resultantly the adoption of 4G and VoLTE compatible phone will be higher.
Technology world is on the verge of entering new age of Zettabyty which would enhance the demand of powerful 4G smartphone having 4GB to 6 GB RAM. Open Source Software, Value Added Services, Fresh Content, More Secured Features and competitive pricing would be major factors behind purchase decision of smartphones.
Soaring online transactions would push consumers to opt smartphones offering more pre-embedded fintech apps along with ensuring higher security against malware threats. As data would be next big thing, ultra advanced chips offering faster downloads; seamless user experience and improved user interface would be in higher demand.
Chinese smartphone companies have already started dominating market through offering such super smartphones equipped with features like m-back, m-touch, fingerprint sensor and customised UI. Elevating usage of data would generate demand for new age technologies and innovation like virtual and augmented realty.
Customers are extremely tech savvy and well informed about new age innovations. Hence it would be very essential for smartphone companies to keep engagement level higher with such consumer through various activities. Deep understanding about consumer behaviour would encourage smartphone companies to get fix on user behaviour and improve the mobile experience
Keeping in mind the above scenario, telecom companies are very curious to see monetary incentive from government in the upcoming budget. As landmark initiative of government Make in India has already changed overall dynamics of smartphone sector in India making it more conducive for Chinese smartphone players. Although the recent audacious move of demonetisation has impacted has sector transitorily, which is being presumed to be recovered in the first quarter of 2017.
Telecom industry is gearing up to see a lot of new changes in term of product innovations, new gadgets, improved hardware, higher software securities, extra storage on devices quicker charging and many more. So year 2017 could be a real turn around for smartphone industry.
Mr. Leon Zhang
South Asia Marketing Head, Meizu
INTERVIEWS
TOP VIDEOS
SECURITY
SOFTWARE
Aerospike boosts Community Leadership and Enterprise Support for Spring Framework
Aerospike has released expanded functionality and engineering support for the Spring Frame...
VMware announces Limitless Possibilities for Partners
VMware has announced the next evolution of the company’s flagship VMware Partner Con...
SAP’s Datasphere simplifies customers’ data landscape
SAP India announced key data innovations and partnerships that give customers access to mi...
START - UP
PERIPHERALS
INDUSTRY EVENTS
The new wave of start-ups in the country is a testimony to the entrepreneurial temperament of the youth
PHDCCI conducted “Bharat Startup Summit, 2023” The conclave through discussion...
Team Computers hosts an Experiential CXO Meet with Google Cloud in Goa
Team Computers has held an experiential event in collaboration with Google Cloud, bringing...
BPE showcases Energy Storage Solutions at ELECRAMA
Best Power Equipments (BPE) has presented Energy Storage Solutions (ESS) at ELECRAMA. The...
Synersoft Technologies organizes a Webinar on the problems faced by SMEs
Synersoft Technologies has organized a Webinar on “Solution to problems faced by SME...
E- COMMERCE
