Ericsson reports the 10 hottest consumer trends for next year

December 11, 2014

2015 is looking like a year that’s going to evermore boost the level of connectivity among the masses, and Ericsson has taken notice.

Ericsson’s ConsumerLab recently found that a large amount of the population has become increasingly comfortable with ideas of connectivity and technology becoming widely integrated in everyone’s lives.

The 4rth edition of the company’s annual trend report shows “10 hot consumer trends for 2015 and beyond.”  To statistically represent the views of about 85 million frequent internet users, this year, the study was conducted in collaboration with smartphone owners aged 15-69 from all over the globe and this is what was found:

  1. The streamed future. Media use patterns are globalizing. Viewers are shifting towards easy-to-use on-demand services that allow cross-platform access to video content. 2015 will be historic as more people will watch streamed video on a weekly basis than broadcast TV.
  2. Helpful homes. Consumers show high interest in having home sensors that alert them to water and electricity issues, or when family members come and go.
  3. Mind sharing. New ways to communicate will continue to appear, offering us even more ways to keep in touch with our friends and family. Many smartphone owners would like to use a wearable device to communicate with others directly through thought – and believe this will be mainstream by 2020.
  4. Smart citizens. The idea of smart cities is intriguing – but a lot of that intelligence may actually come about as a side effect of the changing everyday behaviors of citizens. As the internet makes us more informed, we are in turn making better decisions. Consumers believe traffic volume maps, energy use comparison apps and real-time water quality checkers will be mainstream by 2020.
  5. The sharing economy. As the internet enables us to efficiently share information with unprecedented ease, the idea of a sharing economy is potentially huge. Half of all smartphone owners are open to the idea of renting out their spare rooms, personal household appliances and leisure equipment as it is convenient and can save money.
  6. The digital purse. 48 percent of smartphone owners would rather use their phone to pay for goods and services. 80 percent believe that the smartphone will replace their entire purse by 2020.
  7. My information. Although sharing information when there is a benefit is fine, smartphone owners see no point in making all of their actions open to anyone. 47 percent of smartphone owners would like to be able to pay electronically without an automatic transfer of personal information. 56 percent of smartphone owners would like all internet communication to be encrypted.
  8. Longer life. Smartphone owners see cloud-based services of various kinds giving them the potential to live healthier and longer lives. Jogging apps, pulse meters and plates that measure our food are believed to help prolong our lives by up to two years per application.
  9. Domestic robots. Consumers are welcoming the idea of having domestic robots that could help with everyday chores. 64 percent also believe this will be common in households by 2020.
  10. Children connect everything. Children will continue to drive the demand for a more tangible internet, where the physical world is as connected as the screens of their devices. 46 percent of smartphone owners say that children will expect all objects to be connected when they are older. 

You may recall our recent interview with the new President of Ericsson in the Middle East region, Rafiah Ibrahim, who recently stated, “Considering how consumer trends are moving towards an increasingly connected environment, this is a proof point of how our world is transforming towards the Networked Society. Mobility and connectivity are becoming vital elements to enrich people’s lifestyle, used to elevate all aspects of day-to-day life and the ways in which we interact with our world – and the way it interacts with us in return. With increasing Smart City movements across the Middle East, this region is well positioned to be at the forehead of this transformation and seize the opportunities ahead.”

 

by micha
Micheline has a a sweet-tooth for dark chocolate and cappuccinos, an almost obsessive-compulsive aversion to dust on Blu-ray discs, and a passion for regularly playing tennis on her Nintendo Wii. Matched with her love of writing, she is the Editor of T3 Middle East's Levant English publication and English website, and the Associated Editor for the GCC English publication.