Written by Armita Satari
The newly published Telecoms.com 2023 Annual Industry Survey Report takes stock at the industry’s performance over this year and the views of professionals on the outlook of 2024 and beyond.
A generally positive sense seeps through as more than half of respondents (55%) believe that the business performance of telecoms in 2023 has been ‘excellent’ or ‘good’, while also agreeing on a more positive outlook for next year.
The survey goes on investigating the industry’s views on the most overhyped technologies, priority investment areas, and biggest threats to business. Interestingly, while AI is considered the top priority investment area by nearly half the respondents, the report reveals that almost equally as many industry professionals see it as an overhyped technology, making it the ‘Marmite’ of telecoms.
The report also reveals a strong consensus when it comes to the biggest threat to profit and long-term business success. More than half of respondents agree that increased pressure to lower prices and profit margins poses as the biggest single threat. This finding adds to the trends observed in the survey results of the past few years.
Zooming in on a core telco area, 5G, another technology that divides the survey respondents is Mobile Edge Computing.
