Smart Cities Will be a US$7.6 Billion Opportunity for MSPs in 2023, If They Innovate Now

More than in any other vertical, MSPs are using innovative tactics to become key market players; their challenge is now to scale these offerings. For example, Verizon has a smart city strategy backed by strong M&A activity (Sensity System and LQD), AT&T is amassing a wide range of partners to deliver spotlight cities solutions, BT is betting on analytics capabilities, and Deutsche Telekom is leveraging aggressive NB-IoT deployments and innovative business models.

More than in any other vertical, MSPs are using innovative tactics to become key market players; their challenge is now to scale these offerings. For example, Verizon has a smart city strategy backed by strong M&A activity (Sensity System and LQD), AT&T is amassing a wide range of partners to deliver spotlight cities solutions, BT is betting on analytics capabilities, and Deutsche Telekom is leveraging aggressive NB-IoT deployments and innovative business models.

"MSPs success in smart cities will be defined by their ability to act - owning a wide ecosystem of partners and improving customer relations while aligning various interests, assets, and innovative monetization options. MSPs' success and activities will be shaped by their ability to innovate and not by 5G".

These findings are from ABI Research's UnTelco in Smart Cities: Telco Opportunities and Market Activities report. This report is part of the company's Telco Digitization research service, which includes research, data, and Executive Foresights. 

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