Page 89 - Trends in Telecommunication Reform 2016

Main current areas of investment Chapter 3
• Smart cities
• Smart metering & grids
• Connected vehicles
• Healthcare
Main Impacts
• Monetary/economic impact: trillions of dollars annually within a decade
• Societal impact: Smart cities – infrastructure, transport and buildings – by improving efficiency
and sustainability of a whole range of urban activities; smart power and water grids (smart
meters)
• Individual impact: e.g. transport safety through “connected vehicles”; population health and
wellbeing can be enhanced, enabling e.g. care at home
Challenges
• Cost needs to fall, reliability needs to improve
• Issues of connectivity, user interfaces and addressing
• Regulatory implications for licensing and spectrum management (access required to 300 MHz-
3GHz but also NFC at 13 MHz or EHF bands, AM/FM bands in VHF range, Wi-Fi and 4G mobile
networks), standards (interoperability e.g. ITU-T’s initiative IoT-GSI), competition (e.g. impact on
competitiveness of different markets, customer lock-in due to fixed SIMs in each device etc…),
security and privacy (“by design” approach desirable)

Source: Author

Box 3.1: The Republic of Korea’s Master Plan for Building the Internet of Things
The government of the Republic of Korea has developed a master plan to use IoT to improve
public administration, to increase industrial productivity, efficiency and added value, and to
improve individuals’ safety and quality of life. It sees the country as a potential global leader in
IoT products and services, given Korea’s top-class ICT infrastructure and manufacturing capacities.

The plan aims to increase the domestic IoT market fourteen-fold by 2020, with a 30 per cent
increase in productivity and efficiency in companies adopting IoT. Because of the small domestic
market, cooperation with global businesses is an important part of the strategy. Domestically,
new software implementation in advanced manufacturing will enable growth of traditional
industries and new software companies. The government will promote joint research and
demonstration projects with the Trans-Eurasia Information Network, which connects 19 Asian
and 34 European countries.

Information-sharing is one key focus of the plan. The government aims to establish an
information-sharing and analysis framework with governments in the United States, Japan and
the European Union. The country’s IoT Innovation Centre will provide a test-bed environment for
security functions and promote security and privacy-by-design in IoT systems.

Source: Ministry of Science, ICT and Future Planning, Republic of Korea, 8 May 2014.

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