With wireless connectivity gaining precedence in the modern age's need to remain connected, the telecom industry is expected to expand and diversify further on the back of wireless network strength. In this regard, Internet of Things (IoT) holds potential to emerge as the numero uno factor for future growth in the space. The IoT is a network of physical objects embedded with electronics, software, sensors and connectivity that enables it to achieve greater value and service by exchanging data with other connected devices. Machine-to-machine (M2M) communications is a key example. IoT needs superfast wireless links to run effectively. This signals massive growth potential for the telecom industry.
In 1988 I pitched the execs at GE a Rereigerator that had a bar code reader that interfaced with an Amiga ...now 38 years later the Koreans are doing it ..updated of course... oh well