Deloitte has released its 2015 Global TMT predictions report, which envisages that the connectivity chasm will deepen as gigabit Internet adoption rockets globally.
The annual Deloitte Global TMT predictions report provides a 12-18 month outlook on key trends in the technology, media, and telecommunications industry worldwide.
“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,” Deloitte said.
“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.”
According to the report the smartphone upgrade market will exceed one billion – 1.35 billion smartphones will sell worldwide in 2015, but over a billion of them will be upgrades.
“The upgrade cycle may be lengthening, but screen size, speed, storage, software and design will continue to drive growth for smartphone refreshes,” said Deloitte.
Another prediction is that contactless mobile payments will gain momentum. “The end of 2015 will mark the tipping point for the use of mobile phones for in-store payments around the world,” it said.
“It will be the first year in which the multiple prerequisites for mainstream adoption – satisfying financial institutions, merchants, consumers and device vendors – have been sufficiently addressed.”
Deloitte forecasts that 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.