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TMT Predictions 2019
TMT Predictions 2019
India Predictions are being published since 2011. In 2013, the launch of the fourth-generation (4G) wireless networks (aka LTE) was discussed and after six years, a prediction is made about 5G networks that are expected to be launched this year. The forecast looks good as 5G with high data speed and low latency has the potential to spur the evolution of the education, healthcare, manufacturing, and nearly all industries that rely on connectivity.
Consistent with every year, the TV segment is expected to see growth in the future— primarily driven by a big percentage of under-served population, an increase in electricity supply, low cable and satellite rates, and low Average Revenue Per User (ARPU). The over-the- top (OTT) video segment is also expected to grow significantly in the coming years. The Indian film industry is seen to be on a new lease of life and is expected to see significant growth, and it is the growth of OTT, improved multiplex experiences, and increased screen density that is likely to drive the industry’s growth.
The report also highlights the impact of technology on other industries like wealth management. With more users opting for digital platforms to invest in financial assets, a shift is predicted towards “digital investing” mainly in three financial asset categories: mutual funds, equities, and fixed deposits.
This report features new themes that are strongly expected to evolve. Voice assistants, such as smart speakers, have emerged as one of the fastest-adopted new technologies in history. Where will they go from here? Enterprises and brands are likely to find themselves relying on the voice-interface application ecosystem to improve customer engagement.
The changes, often rapid ones, tracked in this year’s report are new, important, and usually counterconsensus. Technology, media, and telecommunications (TMT) companies should understand and consider them as they evolve. We think these changes will matter to our readers in other industries as well, and they are important in all markets across the globe.