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2015 Trends in Telecommunication Reform 2015

Getting Ready for the Digital Economy

image of Trends in Telecommunication Reform 2015

Under the overarching theme "Getting ready for the digital economy", the 15th edition of Trends in Telecommunication Reform discusses changing ICT consumer behaviour, consumer empowerment and protection in the digital age. It further explores the opportunities and challenges of big data and what it means from a regulatory perspective; why competition matters. It also attempts to answer whether it is time to rethink spectrum licensing, how to monitor the implementation of broadband plans and what are the new business models driven by digital communications and services. As in previous editions, the publication will feature an in-depth analysis of current market and regulatory trends based on ITU data from one of the world's most comprehensive data platforms, the ICT Eye.

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The economic influence of data and their impact on business models

With the spreading of digitization and the Internet, as well as the evolution of devices connected to it, the ability to collect, analyse and utilize data has made huge leaps recently. Numerous, often innovative business models ranging from data transport and data storage to sophisticated data analysis as well as insights creation are based on revenues essentially derived from data collection and use. This indicates a trend towards data becoming a new driver of economic growth, with a significant impact on business models. This chapter will therefore start by tracing technical innovations that have enabled better access to, as well as transport and utilization of, data. Each of these innovations has given rise to new business models that ultimately will result in a sustainable ongoing structural change in various markets, resulting in a data-driven economy that policy-makers and regulators need to be alert to.

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