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More than 60% of all broadband subscribers will utilize VoLTE by 2023
Newer technologies like LTE, LTE-A, LTE-A Pro and 5G are expected to make wireless internet commercially more viable for home internet users.
According to a new report by Deloitte India's TMT, more than 60 percent of all broadband subscribers will utilize Voice over LTE (VoLTE) technology, surpassing 5 billion subscribers globally by 2023.
The report said that VoLTE is expected to be the most prevalent voice technology in the future. It is also estimated that more than 90 percent of all mobile subscribers will comprise of broadband subscribers by 2023.
"India is one of the fastest growing technology markets in APAC, with the on-going digital transformation of public sector and private sector enterprises enabled by changing market dynamics and policy interventions. Enterprises across industries are increasingly adopting technology-driven solutions to improve customer experience, optimize business operations, and compete effectively in the market. Catalyzed by the availability of cost-effective computing infrastructure and flexible business models through Cloud computing, and the adoption of exponential technologies such as AI, ML, AR, IoT etc., technology sector in India is truly at an inflection point," says PN Sudarshan, Partner, Deloitte India.
He further added, "Trends such as IoT will catalyze the emergence of analytics at the edge. Digital revolution, also known as 'The Internet Economy' is creating a new market for digital first services, which has the potential to optimize value chains, bring transparency, and improve overall productivity in the economy."
Furthermore, as OTT platforms are witnessing the surge in original content owing to increased consumption and viewership, the report said that it will gradually become the preferred medium over television where consumers of vernacular content will probably be over 2.5 times that of English language content by 2021.
The report further highlighted that Machine Learning will intensify among medium and large-sized enterprises where pilot projects using machine learning technology are likely to double in 2018 and then doubling again in 2020.
This year the technologies like OTT, VoLTE and Machine Learning will make significant progress and as organizations begin to realize the potential of the Internet of Things (IoT). Newer technologies like LTE, LTE-A, LTE-A Pro and 5G are expected to make wireless internet commercially more viable for home internet users.
The report pointed that due to challenges in a deployment of fixed broadband networks, current rural internet penetration stands around 17 percent and in future, demand for fixed broadband would be limited to consumers with higher bandwidth.
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63,999
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39,999
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1,56,900
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1,39,900
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79,900
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65,900
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12,999
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16,499
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38,999
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30,700
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11,999
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25,999
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26,999
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