Over the past three decades, the capabilities and adoption of mobile technologies have grown substantively. They have gone from being a novelty to become ubiquitous; an essential tool for modern life. Today, faster connections and ubiquity mean that mobile devices are used for everything – from commerce and research to location-based services and games. The mobile revolution has spread beyond smartphones to a range of devices, including tablets, laptops and dongles.
The next wave of the mobile revolution is now emerging. More businesses and individuals are adapting the way they behave and respond to mobile technology. Improvements in speed and latency will enable a range of new disruptive services, including the Internet of Things (IoT), autonomous driving, mobile wallets and drone technologies.
The Australian Mobile Telecommunications Association (AMTA) has asked Deloitte Access Economics to report on the updated impact of mobile on productivity in the Australian economy. The research also assesses the importance of mobile technologies in enabling workforce participation.
The report is informed by new modelling of the drivers of productivity, based on data from 37 countries over 30 years, as well as a survey of 1,000 Australians less likely to be working, or less likely to be working full time. It finds that, in total, Australia’s economy is $42.9 billion larger in 2015 than it would otherwise be because of the long-term productivity and workforce participation impacts generated by mobile.