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.
