telecom industry 2019-05-20

Four Reasons Why the Telecommunication Industry is Witnessing an Upswing

India is also the world’s second largest telecommunications’ market with 1,197.87 million subscribers. Here are five reasons why the telecommunication industry is witnessing an upswing.

By Features Writer
Four Reasons Why the Telecommunication Industry is Witnessing an Upswing

The value of mobile phones has increased so much that it has become an indispensable part of everyone’s life. The increasing number of mobile phone subscriptions has not only given a boost to the mobile industry itself but has also added fuel to other businesses associated with it. The biggest example of an industry that has benefitted from the mobile industry is the telecommunication industry.

In India, telecommunication has reached a substantial position and has continued to be a major contributor to the nation’s GDP. India is also the world’s second largest telecommunications’ market with 1,197.87 million subscribers. Clearly, the industry has also come up with many great opportunities for entrepreneurs in this field.

Here are five reasons why the telecommunication industry is witnessing an upswing.

Frequently Updating Cellular Technology

Cellular technology is an essential part of the mobile industry for that it is one of those things on which mobile phone networks are based. This is the technology on which all the ‘Gs’ ( 2G, 3G, 4G, 5G, and so on) work. As the cellular technologies keep getting updated, for instance from 3G to 4G to 5G, the flow of information becomes swifter in a mobile device.

In the past few years, cellular technologies have rapidly been upgrading and this has directly impacted the telecommunications’ industry in a positive way. It has made telecommunication happen more swiftly, which in turn has made a stronger customer base for telecommunication businesses.

Augmented Reality and Virtual Reality

Augmented Reality and Virtual Reality are gaining popularity day by day and are poised to witness an inclined growth path in almost every sector of theconomy. The core purpose of AR & VR is to empower digital visualisation on real images. There are so many trendy games that are being made using AR and VR to make the user experience more enriching and real. For example, face filters in Snapchat, Instagram and Facebook, are being made for enhancing customer experience. All of these ehancements are aimed at enlarging the consumption of devices and applications.

Machine Learning and Artificial Intelligence

Machine learning and Artificial Intelligence are two of the biggest technological advancements that are gaining huge popularity among economies of the world. In telecom, these two technologies play a crucial role as they help in automating many back-end operations and trivial customer interactions. For instance, chatbots, speech recognition, voice services etc. are currently being used in all kinds of websites, applications and devices. Both these technologies have changed the outlook of telecommunication and have made the industry grow multifold.

Improved In-flight Connectivity

In-flight connectivity has become a game changer for both̶ airlines and telecommunication companies. As in-flight connectivity has improved, passengers are able to use mobile phones, wi-fi and other sources of connectivity during their flights. This has given the telecommunication industry another arena to expand their reach.

 

 

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • Career Counselling & Brain Programming
    About Us: India’s first Online Career Profiling Internationally Patented Test developed..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 149
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Thane Maharashtra
  • Kitchen
    Heritage of over 80+ years currently present across 10 Outlets..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2021
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Pathological Labs
    All About Health (AAH) is a Simple and Instant Medical..
    Locations looking for expansion Maharasthra
    Establishment year 2016
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharasthra
  • Furniture/Home Decor & Furnishing
    ·         ARRIAVE is India’s 1st full home cu..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads