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A Perfect Storm Creates Seismic Changes for IoT in 2023, Predicts Eseye


News provided by

Eseye

23 Nov, 2022, 14:00 GMT

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  • The 40-year MNO lock-in is broken, as power switches to the hands of the enterprise, and proprietary relationships become a challenge of the past.
  • As enterprises build towards private LTE, interoperability between public and private networks will be vital.
  • As IoT shifts from the operator to the enterprise, hardware design and configuration will be paramount.

GUILDFORD, England, Nov. 23, 2022 /PRNewswire/ -- Eseye, a pioneer of leading-edge cellular IoT connectivity solutions, today shared its 4th Annual Predictions on the key factors influencing the IoT industry in 2023. The company predicts seismic changes as the industry hits an inflection point, whereby enterprises can evolve ever-more sophisticated use cases as new technologies enable a power shift from Mobile Network Operators (MNOs) to the enterprise.

Over the last year eSIMs have solved the interoperability challenge, allowing choice between mobile networks. Now customers with eSIM-enabled IoT devices have the ability to switch networks, reducing ties to MNOs that they may have signed up. This evolution has been the catalyst for five significant trends in the year ahead:

  • The MNO proprietary lock-in finally cracks due to increased choice and the hyperscaler threat. As eSIMs become the default technology for IoT devices, the 40-year MNO proprietary lock-in has finally broken. At the same time, hyperscalers such as Amazon, Microsoft and Google are investing heavily in IoT, connectivity and networking solutions. With power switching to enterprises, IoT use cases are being designed around the user and not technology. In 2023, MNOs will change their business models to offer their services as part of Mobile Virtual Network Operators (MVNOs), which will be better aligned and more seamlessly integrate with the hyperscalers' offerings. For the enterprise, this means more global flexibility when choosing their connectivity solutions.
  • Interoperability between public and private networks will become a priority. Big enterprises are starting to build towards LTE private networks and in 2023 there will be increased focus on roaming to and from private networks as adoption grows. However, this places more complicated demands on connectivity. And, while MVNOs have solved the problem of switching between different networks, in this new environment they must also pay attention to cross-network switching. This means MVNOs who offer rules-based switching between public and private networks - while still maintaining a single management pane, common APIs, and consolidated billing - will become the dominant players in this ecosystem.
  • The ascendance of 'network agnostic' and 'multi-RAT.' As modem costs drop, there is increased interest in utilising Multiple Radio Access Types (RATs) and different network providers, delivering a mix of options to optimise connectivity of IoT deployments. There are also incredible innovations happening in areas such as Low Earth Orbiting (LEO) satellite constellations and device-to-cloud satellite communications. As these different types of networks increase, devices will need better functionality and in 2023 there will be more devices with multiple modes of connectivity to work wherever they find themselves. The next generation MVNO must embrace a multi-RAT design strategy and seamlessly support and optimise network solutions across cellular, Wi-Fi, LoRaWAN, satellite and more.
  • Consumer and enterprise IoT use cases converge to create new connectivity challenges. Previously disparate enterprise and consumer models are blending across industries such as healthcare, smart energy, electric vehicles and others. This will result in the rise of next-generation MVNOs who will enable this integration in 2023, providing connectivity solutions that bridge the two worlds.
  • IoT starts and ends with the device. Today, devices need embedded intelligence to operate in different environments, detect connectivity, and utilise the right components and protocols. This often requires complicated configuration at the design stage and in 2023 hardware will be as important, if not more important, than software. Devices need to have connectivity and flexibility built in by design so that they can adapt as the market evolves.

Nick Earle, CEO of Eseye, comments: "2023 is the year that everything changes in the world of connectivity. Hardware design and configuration will become paramount as the power and choice finally switches into the hands of the enterprise and the device, and a new breed of MVNO emerges to unlock this potential."

Eseye's full 2023 IoT predictions and commentary can be accessed here.

ABOUT ESEYE

Eseye empowers businesses to embrace IoT without limits. We help them to visualise the impossible and bring those solutions to life through innovative IoT cellular connectivity solutions that enable our customers to drive up business value, deploy differentiated experiences, and disrupt their markets.

Our pioneering technology allows businesses to overcome the complexity of IoT deployment and develop, deploy, and manage IoT projects without the fear of getting it wrong. We guide them every step of the way. Supported by a powerful partner ecosystem, we seamlessly connect devices across 190 countries, agnostic to over 700 available global networks. www.eseye.com

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