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What impact will Smart Cities have on the future of mobile commerce?

Theme: What impact will Smart Cities have on the future of mobile commerce?

The increase of mobile commerce in Smart Cities will almost certainly have a dramatic impact on mobile operators. A 2016 report by Ovum Research stated that if operators, vendors and regulators don’t work together to overcome the barriers currently facing carrier-driven payments, the total share of mobile commerce spend processed by operators will drop from 4.1% in 2014 to 0.8% in 2020. Mobile is an essential piece of the Smart City puzzle but if operators can only profit through selling data packages then they will lose out on a considerable slice of the pie.

IoT Revolution - Driving unconventional growth

Abhijit Junagade Issue: North America I 2016
Article no.: 14
Topic: IoT Revolution - Driving unconventional growth
Author: Abhijit Junagade
Title: Co-Founder
Organisation: Winjit Technologies
PDF size: 365KB
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