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

  • ID: 4009629
  • Report
  • November 2016
  • Region: Global
  • 53 pages
  • Frost & Sullivan
Striving for New Business Models Built on Trust
This report 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.
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Executive Summary
  • Key Findings
  • Recommendations
Research Objective

Overview of Digital Consumer Lifestyle
  • Overview of the Digital Consumer Ecosystem
  • Connected Home Devices Generate Data &
  • 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 for Consumer-driven Strategies
  • 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
Conclusions and Recommendations
  • 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
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