Given the outstanding growth in the telecommunications industry over the past 10 years, it seems outrageous that it could continue to grow. But according to recent forecasts, it will. At an unprecedented rate. Currently, the telecoms industry capitalises on a market of 1.7 billion internet users and 4.6 billion mobile users. Yet it is estimated that this is going to increase to 4.7 billion internet users and 6 billion mobile users. Connectivity matters more now that it ever has before, and will form the basis for the acceleration of the telecoms industry over the next 10 years. Within the next decade, we will also begin to see a new wave of technology designers enter the industry who have been in a digital world their entire lives. This increase in global usage of telecoms technology and demographic change has the potential to take the telecoms technology into unparalleled realms.
The prospect of the new technology that is going to emerge in the future is exciting. But, for anyone working or interested in working in the telecommunications industry, the future of careers in telecoms is the real attraction. The primary reason for this is that a larger market of telecom technology users means that a greater number of jobs will be available purely in maintaining telecoms access to millions of customers. And, in addition, new technology opens up the prospect of new careers in all stages of design, manufacture and distribution of telecoms products. Likewise, new technology opens up the space for telecoms entrepreneurs that design software utilising new technology in original ways. Most of all, the current projections for the future of telecoms mean one thing: career stability. Now that telecommunications technology underpins both business and personal communication, a telecom professional can be sure that there will always be a need for their industry.
Take for instance, mobile communication. According to Cisco, in 2015 alone, worldwide mobile data traffic grew by 74%. The main reason for this is the rapid uptake of mobile technology in new regions. Of the mobile data growth in 2015, the highest growth rate was in the Middle East and Africa at 117% closely followed by Pacific Asia at 83% and Latin America at 73%. Following these trends, worldwide mobile data traffic is estimated to increase 8 fold between 2015 and 2020. Successfully capitalising on new markets in the mobile telecommunications sector could mean thousands, if not – hundreds of thousands – of new jobs in this sector.
In addition, in the next 10 years it is anticipated that we will experience growth in the Machine to Machine or M2M sector which utilises automatic telecommunication between machines. Currently, M2M is primarily used in technology to automatically report automotive collisions but also has the potential to be developed for integration with mobile technology for automatic payment systems among others.
With telecommunication now being such an important part of modern life, it’s somewhat unsurprising that now is a better time than ever to consider a career in telecoms.
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