Top Mobile/Telecom News Stories of the 2020s So Far (Part 1)

Despite the crises of recent years (and in some cases, because of them) communications technologies continue to develop at an amazing rate. Orange County business owners would do well to keep up with current trends in mobile, VoIP, and other telecom technologies—not only to see how current events might affect them, but also to stay informed about new tools that might make their businesses run more efficiently. It’s still early in the decade, but let’s take a look at some of the most important news stories so far relating to telecom and mobile technologies.

Pandemic, Supply Chain Woes Affecting Product Availability

Even as more of us are relying on VoIP and mobile devices than ever before, supply chain issues triggered by the pandemic may make some devices harder to get for a while—and more expensive when we do get them. Since the pandemic began in 2020, a combination of manufacturing slowdowns and trade disputes have resulted in shortages of microprocessors and graphics chips that many new devices require to operate. This has been causing delays and shortages in everything from smartphones and tablets to new and used cars. Even in cases where manufacturing has picked up, global shipping disruptions have caused huge backlogs in the major ports that receive these parts, sometimes causing cargo to sit in the harbor or on the docks for months before it can be processed. Experts believe this trend may last well into 2021 and even next year, so if you’re looking to buy new devices over the next year—be prepared to wait.

VoIP Market Forecasts Adjusted for Major Growth Following the Pandemic

It’s no secret that within the telecommunications sector, a silver lining of the pandemic was a huge spike in demand for business VoIP systems and other tools for remote communication and workflow. Market analysts have since adjusted their forecasts for the VoIP market with COVID-19 as a factor. The result: Watch for continued massive growth of this market—by at least 10 percent per year—through 2024 and beyond. For you as a small business owner in Orange County, this growth means competition, and competition means bargaining power. So watch for more features to be available for less money in the years to come.

Whatever your telecommunications needs, NetServ has the expertise and resources to set up your Orange County business with the best VoIP service suited to your needs. Call 1-877-NetServ to learn more.