Telecoms.com periodically invites third parties to share their views on the industry’s most pressing issues. In this piece Francesca Greane, Content Lead for Broadband World Forum reflects on the growing opportunity for operators and service providers in the connected home market.
New research from Ovum* recently indicated that the consumer market will remain by far the largest source of revenue for network operators ($1.14 trillion by 2023) and while Broadband will account for 72% of this revenue at $800 billion, growth will slow as markets mature. But revenue from digital services is expected to see significant growth.
Indeed, new market analysis reveals how how critical the connected home market is becoming – revenue from digital services such as TV, digital media and the smart home is set to reach $735 billion by 2023*
At this critical time, Broadband World Forum provides the connectivity community with a powerful space in which to learn, network and collaborate. Taking place from 15-17 October in Amsterdam, the event is supported by leading figures from the telco industry including BT, KPN, T-Mobile, NBN Australia, VEON, Altice Portugal and Hyperoptic among others. Senior representatives from leading regulatory bodies such as Ofcom, Anacom and BEREC will take to the stage alongside enterprise heavyweights such as BBC, Disney and Uber.
And, this year, this year BBWF will host a dedicated connected home track which will feature discussions with key operators such as BT, Liberty Global and Comcast, as well as innovative vendors and start-ups. Preceded by a Day 1 workshop on the same topic hosted by revered industry group, Broadband Forum and with keynotes from automotive leaders Renault and Uber, the importance of the connected home and connected industries for telco innovation is right at the heart of BBWF this year.
Julie Kunstler, Principal Analyst at Ovum, specialising in wireline/fixed broadband access, said: “While bandwidth demand is not slowing down among consumers, businesses, and cities, operators are adopting innovative strategies to become the winners in end-to-end applications and services. “Beyond the pipe” is permeating smart home, smart business, and smart city strategies. BBWF is the key conference and exhibition for learning about innovative operators and the ecosystem supporting this major transformation.” Julie will be chairing the keynotes at BBWF on 16th October.
Paul Palmer, Director of Business Development at F-Secure said, “Homes are becoming more reliant on their broadband connection every day, as the attacks against IoT devices grow both in number and intensity. Service providers can prepare for the future by securing the devices and appliances people rely upon most—driving increased loyalty from our customers. At BBWF, the industry’s leaders can turn vulnerabilities into opportunities.
In addition to thought leading content the event hosts a large exhibition which includes the Broadband Forum interop pavilion, two free content theatres hosting a start-up showcase and pitch off, as well as the full broadband ecosystem with key players including Nokia, Huawei, ADTRAN, Intel bringing their latest network tech and demos, as well as emerging start-ups looking to establish themselves in the industry.
BBWF attracts 4000+ attendees each year and 2019 is set to be bigger and better than ever, attracting attendees from 95 countries and every point in the broadband value chain.
Sandra Motley, President of Nokia’s Fixed Networks Business Group, said: “The Broadband World Forum is a premier event that gives operators from around the world access to the latest innovations they need for their network evolution journey. We’re excited to once again be a part of this influential event and look forward to sharing how innovations like intent-based automation can revolutionize the future of broadband access.”
*Ovum Smart Home Services Forecast Report 2018-2023
Want to be in Amsterdam with us? For free access to the exhibition hall, networking areas and 2 free content theatres, register for your visitor ticket here. For full access to the 200+ speaker line up, 4 conference tracks and keynotes, you can book a delegate pass here.