Lifestyle as a Service: A Millennial Vision of the Virtual Lifestyle

Lifestyle as a Service: A Millennial Vision of the Virtual Lifestyle

RELEASE DATE
15-Dec-2017
REGION
North America
Research Code: 9B0F-00-45-00-00
SKU: IT03562-NA-SF_21306
$3,000.00
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$3,000.00
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Description

The new lifestyle as a service (LSaaS) encompasses not only the things people use, but people themselves. As services such as health monitoring and augmented reality become the norm, the individual increasingly becomes a nodal point in an expanding service network: a consumption point rather than a production point. In fact, in a very real sense, the individual is on the verge of becoming another “thing” in an expanding internet of things.

Such a lifestyle requires a new approach to retail as well as a new form of service provision. As the individual consumer becomes a collection of services that exist in a service relationship in virtual space, the way in which services are marketed and consumed will change. The individual will become the physical manifestation of a digital twin in the cloud. This has profound implications, both for society as well as service providers.

In this report, Stratecast explores the implications of the virtual LSaaS and proposes a new model for service provision. Anyone serving the consumer retail market needs to pay close attention.

Table of Contents

Introduction

Living la Vida Virtual

Implications of the Virtual Lifestyle

Opportunities for Communication Service Providers

Stratecast - The Last Word

About Stratecast

About Frost & Sullivan

Related Research
The new lifestyle as a service (LSaaS) encompasses not only the things people use, but people themselves. As services such as health monitoring and augmented reality become the norm, the individual increasingly becomes a nodal point in an expanding service network: a consumption point rather than a production point. In fact, in a very real sense, the individual is on the verge of becoming another “thing” in an expanding internet of things. Such a lifestyle requires a new approach to retail as well as a new form of service provision. As the individual consumer becomes a collection of services that exist in a service relationship in virtual space, the way in which services are marketed and consumed will change. The individual will become the physical manifestation of a digital twin in the cloud. This has profound implications, both for society as well as service providers. In this report, Stratecast explores the implications of the virtual LSaaS and proposes a new model for service provision. Anyone serving the consumer retail market needs to pay close attention.
More Information
No Index No
Podcast No
Author Michael Jude
Industries Information Technology
WIP Number 9B0F-00-45-00-00
Is Prebook No