TMT India Predictions 2013
Mumbai, 20 February 2013: Voice and data tariffs will need to be rationalised in 2013 to sustain the telecom industry, according to Deloitte Technology, Media and Telecom (TMT) Predictions 2013. With operating costs of telecom operators rising exponentially, Deloitte expects that companies will hike tariffs gradually -- either in the form of removing discounts or increasing tariffs nominally. Although consumers are signing up for mobile broadband in record numbers, data traffic is not translating into equivalent increase in average revenue per MB. Deloitte predicts that in 2013 network operators in India – both wireless and wire line – are likely to stay away from unlimited data pricing plans. “In 2013, operators will be leveraging on innovative pricing strategies to position themselves effectively against their competition” says a Deloitte Spokesperson.
Mobility will be the most dynamic technology platform that would influence a multiplicity of segments of which the most notable ones would be education and payments. Payment methods would see changes with wider adoption of alternate currency under various use-cases. In education the emergence of open standards and the mobile web interplay would bring together collaborative and experiential models of learning, promote greater teacher-student-parent interaction, and provide more insightful and relevant skill-assessment platforms.
It is becoming evident that mobile internet users will exceed the wired users. So, the growth rate of mobile internet users will primarily depend on the success of internet penetration and that of faster and more reliable mobile networks – like 3G and forthcoming 4G. Deloitte predicts that Social Media will increase its dominance further over other forms of media for connecting to the masses both at a personal level and for business purposes. In 2013, there will be more social media coursework at universities, as well as, dedicated social media MBA programs, as schools rise to the challenge.
Deloitte also predicts that this year will see more ideas being incorporated around UID that would accommodate structural changes in the model to make the concept a hub for addressing a range of governance issues. Deloitte expects a few large players to start taking baby steps towards forming the ecosystem around the G2C model. Primary among these would be remittance services that would bring banks, mobile operators, retailers and application service providers / aggregators / banking correspondents in one platform. The integration will enable offering of banking ability to a larger section of society through a wider channel than what could be traditionally offered. Such a model in the long-run can significantly widen its scope by linking to the UID.
Deloitte’s TMT Predictions are a highly anticipated annual series of global insights that showcase the emerging TMT trends that will significantly impact businesses and consumers in the coming year and beyond. The 2013 Indian TMT Predictions are based on research, in-depth interviews and input from Deloitte clients and alumni, industry analysts, leading global TMT executives. Some of the most significant TMT trends that will impact India in 2013 are:
For a full copy of the report, please click - http://www.deloitte.com/in/tmtindiapredictions2013
Notes to the editor
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This press release has been given by Deloitte Touche Tohmastu India Private Limited.