Smartphone saturation amongst business executives is nearing 100 percent as enterprises look to e-commerce and mobile payments to drive new ways of working.
According to a study by US cable company CNBC, 74 percent of global business leaders agree that mobile payment systems are the future of e-commerce, while 57 percent of c-suite executives use their smartphone for mobile banking.
Further, 34 percent of those surveyed identified mobile e-commerce would be the most important technological influencer of 2016.
Nevertheless, security remains a paramount concern for business leaders, CNBC said.
Consequently, 82 percent of survey respondents said mobile data privacy and security was something they were worried about, while 41 percent said it was the most important influencer for the coming year.
Meanwhile, thirty-five percent of business leaders said cloud technology was most the important technological influencer for 2016.
CNBC’s Mobile Elite report contained the answers of 500 c-suite executives across Europe, Asia and the US.
It found that 91 percent of executives now access business content via their mobile device, while 78 percent said mobile technology was “breaking down the boundaries between work and leisure”.
It additionally claimed that enterprises were becoming “early drivers” of new mobile technologies and wearables in particular, with 54 percent of business leaders showing interest in “hands free technology”.
Mike Jeanes, Director of Research, EMEA at CNBC said: “With mobile saturation at an all-time high, we’re now seeing business executives shifting their attentions towards a more connected lifestyle. With a slowdown in hardware innovation in 2015, the survey suggests that global executives are unlocking the potential of their technology to be more connected, more of the time.
“We could be witnessing the start of the next mobile renaissance.”