Paying with smartphone will be among top tech trends of 2015, says Deloitte
This year in-store smartphone purchases worldwide will increase by more than 1,000 per cent from last year. While the mobile wallet won’t replace the traditional wallet yet, 2015 will be a tipping point towards wider consumer adoption of in-store smartphone payments. This is according to the 14th edition of Technology, Media & Telecommunications (TMT) Predictions, a report by Deloitte Global.
The firm predicts that print books will continue to dominate the publishing industry and account for 80 per cent of all book sales by dollars and units, and that 2015 will be the year where enterprise will be ahead of consumers for adoption of new technologies such as 3D printing, Internet of Things (IoT) and drones. Also, contrary to previous industry predictions on the smartphone reaching a plateau, Deloitte Global predicts there will be one billion upgrades in 2015, signalling that the market has not yet matured or stagnated.
“Smartphones are already being used to check balances, transfer funds and transact online, but they have not reached a ‘mobile wallet’ status globally,” said Jolyon Barker, managing director, Global TMT Industry, Deloitte Global. “We predict 2015 will be the first year that all mainstream mobile requirements will be addressed, making smartphone payment options easier, with user friendly security in place.” Last year signaled a shift away from a decade-long trend of consumerisation of Information Technology (IT), for example, with a modest consumer uptake of wearable technology like smart glasses.
This year, however, Deloitte Global predicts the pendulum to swing further toward enterprise led adoption with wearables, 3D printing, drones and the IoT meeting more needs and generating higher sales for business than consumers.
over 60 per cent of the one billion global wireless IoT devices will be bought, paid for and used by enterprises – despite media focus on consumers controlling their thermostats, lights, and appliances (ranging from washing machines to tea kettles). Enterprise services The IoT-specific hardware is predicted to be worth $10 billion, but the big story is the enterprise services enabled by the devices: about $70 billion.
Drones will have multiple industrial and civil government applications. Deloitte Global predicts sales of non-military drones (also known as unmanned aerial vehicles (UAVs), to be about 300,000 units, driving the installed base to over a million. Although consumers or prosumers will buy the majority, most of the real value will come from enterprise use.
smartphone will be among top tech trends of 2015, says Deloitte Nearly 220,000 3D printers will be sold worldwide, with a dollar value of $1.6 billion, but it is unlikely that there will be a “factory in every home.” Deloitte estimates about 80 per cent of the value of all 3D printers will be for companies instead of consumers, meaning the real revolution will be in the enterprise market.
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