Outlook for New Business Models and Consumer Driven Strategies in Digital Consumer Lifestyle

Outlook for New Business Models and Consumer Driven Strategies in Digital Consumer Lifestyle

Striving for New Business Models Built on Trust

RELEASE DATE
07-Nov-2016
REGION
Global
Research Code: 9AC0-00-37-00-00
SKU: IT03157-GL-MR_19152
$1,500.00
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SKU
IT03157-GL-MR_19152
$1,500.00
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Description

Frost & Sullivan defines a digital consumer lifestyle as one that includes the traditional services consumed at home, at work, within a city, and mobility. A set of connected lifestyle services, such as banking and financial payments, retail, social networking, and education occur across these 4 domains. The emergence of a digital lifestyle means there are new business models for companies chasing the consumer revenue. Current business models, such as data monetisation, revenue share, and subscription methods already leverage individual consumer’s data. A more sustainable model will require consumer-enabled privacy levers.

Table of Contents

Key Findings

Recommendations

Research Objectives

Overview of the Digital Consumer Ecosystem

Connected Home Devices Generate Data & Create Revenue

Connected Home Services Around Energy Management

Connected Home Services Enriched by ICT Technologies

Connected Health at Home—Convergence of Competition

Universe of Connected Health Services

Connected Work—Technology Influences

Evolution of Connected Work

Emerging Technologies and Applications within Connected Work

Connected Cities Creating Smart World

Connected Cities Require Smart Infrastructure

Connected City—Urban Operating Systems

Connected Car and Transportation—Integrated Mobility

Connected Car—Impact on Customer Lifestyle

Connected Retail—Mobile Payment Methods

Connected Retail—New Customer Journey

Connected Retail—The Competition Matrix

Connected Retail—Location-based Marketing

Business Models in a Digital Society

Digitalisation Converts Tangibles to Services

Digital Lifestyle—Aggregators Business Model

Current Business Models—Data Monetisation

The Holy Grail of Business Models—A Customer Segment of One

Discrete Marketplaces for Personal Data Exchange

Companies that Trade on Reputation and Trust—Safaricom

Companies that Trade on Reputation and Trust—Coinbase

Companies Using Data as Value-added Services to Consumers—Predilytics

Companies Completely Re-invented—Amazon

Companies Completely Re-invented—Philips Hue

Strategy Options in a Digital Lifestyle Era

Opportunities and Lessons—Monetising Data

Opportunities and Lessons—Marketplace Strategy

Opportunities and Lessons—Trust-as-a-Service

Recommendations

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition: Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
Frost & Sullivan defines a digital consumer lifestyle as one that includes the traditional services consumed at home, at work, within a city, and mobility. A set of connected lifestyle services, such as banking and financial payments, retail, social networking, and education occur across these 4 domains. The emergence of a digital lifestyle means there are new business models for companies chasing the consumer revenue. Current business models, such as data monetisation, revenue share, and subscription methods already leverage individual consumer’s data. A more sustainable model will require consumer-enabled privacy levers.
More Information
No Index No
Podcast No
Author Yiru Zhong
Industries Information Technology
WIP Number 9AC0-00-37-00-00
Is Prebook No