Tag: juniper

Number crunchers at Juniper Research have predicted that there will be more than 490 million low-power IoT roaming connections by 2028, growing from 90 million in 2023.

Low-power networks, such as NB-IoT (Narrowband-IoT) and LTE-M (Long-term Evolution for Machines), connect devices and sensors over cellular networks to remotely monitor environments in industries including smart cities, agriculture and manufacturing.

Over the next five years, this substantial 560 per cent growth will be driven by increased bilateral roaming agreements that cater specifically to these low-power devices.

The report warns that operators still need to prepare to capitalise on this market shift and the significant roaming revenue that is arising. Read more…

A new study by Juniper Research found by 2028, smart traffic management spending will be up 75 per cent from a 2023 figure of $10.6 billion.

This significant growth will be due to increasing government funding for smart city initiatives, with transport being at the centre of urban transformation projects.

Juniper found it is vital to deploy traffic analysis and systems at the earliest stage of city planning to avoid costly retrofits later, given the fundamental nature and impact of traffic flow on a city’s infrastructure.

Research author Cara Malone said: “Cities need to avoid solutions that will likely become obsolete quickly or result in vendor lock-in. By opening their process to a wide pool of vendors and developers, cities will encourage innovation and interest from various stakeholders and partners.” Read more…

New research from Juniper Research has found operators will generate $17 billion of additional revenue from Third-generation Partnership Project-compliant 5G satellite networks between 2024 and 2030.

Juniper urges operators to sign partnerships with Satellite Network Operators which will enable operators to launch monetisable satellite-based 5G services to their subscribers.

The analyst said that SNOs possess capabilities to launch next-generation satellite hardware into space, as well as being responsible for the operation and management of the resulting networks.

The new report, Global 5G Satellite Networks Market 2023-2030 offers the most reliable source of data for the market. Read more…

A new Juniper Research study has found that the total number of KYC checks for banking conducted using AI will reach almost 175 million globally by 2028, up from just over 23 million in 2023.

The demand for regtech solutions is increasing across not only financial services, but also industries such as healthcare and cybersecurity, as continuous verification of identities becomes fundamental in preventing financial crime and non-compliance. Read more…

Juniper Research has found that operators’ revenue from SMS business messaging will reach $58 billion by 2027; rising from $46 billion in 2023.

The report highlighted Diameter protocols as critical to protecting this 30 per cent revenue growth. For those not in the know, the Diameter protocol supports routing and analysing traffic over 5G networks, becoming critical as the proportion of mobile subscribers on 5G networks reaches 45 per cent by 2027.

The report estimates that more than a trillion SMS business messages will be used for authentication purposes, including OTPs (One-time Passwords) and MFA (Multi-factor Authentication); a highly demanded use case in which operators can charge premium prices for traffic termination. It identified third-party SMS firewall solutions as a key tool for identifying and monetising this traffic.

Additionally, operators must implement SMS firewalls to ensure the cleanliness of networks as competition for authentication traffic arises from outside the telecommunications ecosystem. Emerging frameworks, including device-based biometric authentication and OTT-based business messaging, will pressure operators to ensure that SMS business messaging remains the de facto channel for authentication over the next four years. Read more…

A new study from Juniper Research has found that the value of payment transactions powered by stablecoins will exceed $187 billion globally by 2028, up from $53 billion in 2023.

The study found that stablecoins are making rapid progress in the cross-border market in particular, with them representing a key way to bypass slow, expensive and difficult-to-track existing cross border payment rails.

For those who came in late Stablecoins are cryptocurrencies that have their value pegged to a fiat currency or commodity, removing the volatility inherent to a typical cryptocurrency.

A new study from Juniper Research has found that enterprise spending on private networks will near $10 billion globally by 2028; rising from $1 billion in 2023.

Juniper said that there were three areas which were growing:

1. Manufacturing – 35 per cent
2. Energy – 20 per cent
3. Public Services – 16 per cent

An important factor is the need for private networks that can support high device densities and operate over large geographical areas, the report said.

Private networks use mobile technologies to provide a closed network than can be fully managed by enterprises. Private networks cannot be accessed by any cellular connection, only those authorised by the network itself. Read more…

Juniper Networks wants its partners to fast-track to its new Elite Plus level.

UK&I channel director Dale Smith said his outfit had a narrow service provider-oriented channel which was profitable and healthy but not enterprise-centric.

“Our mission statement then became to transform the channel from a service provider-centric to an enterprise channel and go to market model.”

Smith said it took significant investment in partner recruitment to help drive their enterprise pivot and now that part of the company is its largest revenue generating unit in the company.

“That gives us the foundation at board level to write some very big checks internally and say, ‘Hey, we want to invest even more to accelerate, we want our partners to be more profitable We want them to be more incentivised, and we want them to be more focused on the opportunity ahead for the next three years, as we look to double our business,” he said. Read more…

A new study from Juniper Research found that the total number of patients using RPM (Remote Patient Monitoring) solutions will reach 115.5 million globally by 2027.

This is an increase from 75 million in 2023. This growth of 67 per cent is driven by tremendous pressure on healthcare systems, including clinical staff shortages and limited space within hospitals, driving the need for alternative healthcare solutions.

RPM enables care to be moved outside of overstressed healthcare facilities, boosting healthcare providers’ efficiency.

RPM encompass various health monitoring devices enabling continuous communication between patients and healthcare providers, without the need for close contact. Read more…