{"id":77175,"date":"2015-02-07T12:00:13","date_gmt":"2015-02-07T10:00:13","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=77175"},"modified":"2015-02-06T17:52:49","modified_gmt":"2015-02-06T15:52:49","slug":"telecoms-predictions-for-2015-mobile-payments-go-mainstream","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/telecommunications\/77175\/telecoms-predictions-for-2015-mobile-payments-go-mainstream\/","title":{"rendered":"Telecoms predictions for 2015: mobile payments go mainstream"},"content":{"rendered":"<p>Deloitte has issued its Predictions 2015 report, detailing three telecommunication trends the group expects to take off this year.<\/p>\n<p>Headline predictions for the telecoms sector include contactless mobile payments hitting mainstream, as well as in-store smartphone purchases worldwide expected to increase by more than 1,000 percent from last year.<\/p>\n<p>&#8220;While the mobile wallet won\u2019t replace the traditional wallet yet, 2015 will be a tipping point toward wider consumer adoption of in-store smartphone payments,&#8221; Deloitte said.<\/p>\n<p>&#8220;In South Africa, smartphones are already being used to check balances, transfer funds and transact online, but they have not reached a \u2018mobile wallet\u2019 status globally,&#8221; said Mark Casey, TMT industry leader for Africa at Deloitte.<\/p>\n<p>&#8220;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.&#8221;<\/p>\n<p>The annual Deloitte Global TMT predictions report provides a 12-18 month outlook on key trends in the technology, media and telecommunications industry worldwide.<\/p>\n<p>Here are Deloitte&#8217;s three telecoms predictions for 2015:<\/p>\n<h3 class=\"my-4\">For the first time, the smartphone upgrade market will exceed one billion<\/h3>\n<p>1.35 billion smartphones will sell worldwide in 2015, but over a billion of them will be upgrades \u2013 new phones for those who already have one.<\/p>\n<p>The upgrade cycle may be lengthening, but screen size, speed, storage, software and design will continue to drive growth for smartphone refreshes.<\/p>\n<h3 class=\"my-4\">Contactless mobile payments (finally) gain momentum<\/h3>\n<p>The end of 2015 will mark the tipping point for the use of mobile phones for in-store payments around the world.<\/p>\n<p>It will be the first year in which the multiple prerequisites for mainstream adoption \u2013 satisfying financial institutions, merchants, consumers and device vendors \u2013 have been sufficiently addressed.<\/p>\n<p>In 2015, about 10 percent of the base of smartphones worldwide will be used to make an in-store payment at least once a month, compared to less than half a percent (led by early adopters in Japan) of about 450 million smartphones in mid-2014.<\/p>\n<h3 class=\"my-4\">The connectivity chasm deepens as gigabit Internet adoption rockets<\/h3>\n<p>Globally, the number of homes with broadband Internet will grow by about 2 percent to 725 million, and average broadband speeds in most countries will increase by 20 percent.<\/p>\n<p>The gap between those with access to the fastest broadband speeds and those on basic speeds will continue to widen in 2015, providing a varied experience from home to home, especially for high bandwidth applications like streaming video.<\/p>\n<p>All broadband is equal\u2026but some is more equal than others.<\/p>\n<h3 class=\"my-4\">More on predictions<\/h3>\n<p><strong><a title=\"Permalink to SA wireless industry predictions for 2015\" href=\"http:\/\/businesstech.co.za\/news\/internet\/76861\/sa-wireless-industry-predictions-for-2015\/\" rel=\"bookmark\">SA wireless industry predictions for 2015<\/a><\/strong><\/p>\n<div class=\"post_content fl\">\n<p><strong><a title=\"Permalink to Data centre market predictions for 2015\" href=\"http:\/\/businesstech.co.za\/news\/hardware\/75630\/data-centre-market-predictions-for-2015\/\" rel=\"bookmark\">Data centre market predictions for 2015<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to 10 \u2018outrageous\u2019 financial predictions for 2015\" href=\"http:\/\/businesstech.co.za\/news\/general\/76032\/10-outrageous-financial-predictions-for-2015\/\" rel=\"bookmark\">10 \u2018outrageous\u2019 financial predictions for 2015<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Deloitte has issued its Predictions 2015 report, detailing three telecommunication trends the group expects to take off this year.<\/p>\n","protected":false},"author":10,"featured_media":47112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[181,26,4454,495],"class_list":["post-77175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-telecommunications","tag-deloitte","tag-headline","tag-predictions","tag-telecoms"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/77175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=77175"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/77175\/revisions"}],"predecessor-version":[{"id":77187,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/77175\/revisions\/77187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/47112"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=77175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=77175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=77175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}