Emerging markets, specifically India, integrate tech that focuses on limitation
Implications - An interesting approach to cost-saving and streamlining, the Indian tech industry is moving toward subtractive device features -- such as limited data or refurbishing vs. purchasing anew. This is a divergent practice to the excess-is-best approach North American countries employ toward technology that indicates a consumer needs-based development process.
Workshop Question - What counter movement is currently flying under the radar that you could be tapping into?
Trend Themes
1. Subtractive Device Practice in Tech Industry - The move towards Subtractive Device (limiting data or refurbishing vs purchasing anew) in emerging markets presents an opportunity for companies to adopt a similar approach to cost-saving and environmental sustainability.
2. Offline-only Smartphones - This approach by Xiaomi enables retailers to compete on pricing in-store which offers customers access to quality Chinese smartphones.
3. Refurbished Smartphone Sales - With the high demand for affordable phones, Amazon India selling refurbished smartphones provides a platform for accessible and environmentally sustainable solutions to customers.
Industry Implications
1. Mobile Phone Industry - As trends in emerging markets reshape practices, mobile phone manufacturers and carriers globally can leverage lessons to bring cost-effective solutions to their customers while expanding their businesses.
2. Environmental Sustainability Industry - Tech innovations in the Indian market prove to have an indirect positive impact on the environment, which could spark disruption amongst businesses focused on environmental sustainability.
3. E-commerce Industry - As Amazon India competes with other e-commerce companies to sell refurbished smartphones, this could lead to disruption in the industry by offering accessible solutions to customers at lower prices.
4 Featured, 35 Examples:
58,968 Total Clicks
Date Range:
Feb 16 — Nov 16
Trending:
Mild
Consumer Insight Topics:
