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Forecast

News about Forecast.

US to get 575m chip cards next year

August 21st, 2014

More than 575million EMV payment cards will have been issued by the end of 2015 by nine leading US card issuers who are members of the Payments Security Task Force (PST), an organisation set up in March 2014 “to drive executive level discussion that will enhance payments system security”. Members of the PST include Bank of America, Capital One, Chase, Citi, Discover, First Data, MasterCard, Visa, US Bank and Wells Fargo.

GSMA publishes mobile money paper

August 5th, 2014

The GSMA has published a discussion paper on how increased smartphone adoption in the developing world will impact the global mobile money industry. Enhanced user experiences, an accelerated pace of new product development and increased competition are all highlighted as likely developments by the Smartphones & Mobile Money paper.

IDATE forecasts NFC phones and payments volumes

July 15th, 2014

Twenty-eight million consumers will use their NFC phone to make a mobile payment in 2014, a new forecast by IDATE reveals, and the value of transactions conducted via NFC will rise from an estimated €4.6 billion… More

1.75bn to use mobile banking

July 11th, 2014

More than 1.75 billion mobile phone users will have used their device for banking purposes by the end of 2019, up from 800 million people this year, according to a new Juniper Research forecast. “Banks now regard the mobile channel as an indispensable revenue stream,” says report author Nitin Bhas. “However, with the mobile channel becoming a key customer retention strategy, it presents a great challenge to traditional institutions.”

60m BLE beacons to ship by 2019

July 10th, 2014

Sixty million Bluetooth Low Energy (BLE) beacons worth US$500m will be shipped in 2019, ABI Research forecasts. Most will be used in the commercial and enterprise, connected home and personal asset tracking sectors — rather than retail — the “BLE Tags and the Location of Things” study anticipates.

5.5bn people to use biometric security by 2019

June 24th, 2014

There will be 5.5 billion users of mobile and wearable biometric technology around the world by 2019, according to a new report from Goode Intelligence. “We believe that smartphones and tablets will be the first… More

iWatch to sell at US$300?

June 10th, 2014

Apple will sell 21million units of its much anticipated iWatch in fiscal year 2015, at a cost of US$300 per unit, according to a research note by UBS analyst Steven Milunovich, AppleInsider reports. Sales will then ramp up to 36m the following year, he predicts.

Juniper predicts 1.5bn mobile wallets in 2018

May 20th, 2014

There will be more than 1.5billion mobile wallets in use around the world by 2018, according to a new forecast from Juniper Research, representing one in five handsets and up from one in 10 at the… More

mPOS use to soar

May 16th, 2014

The number of installed mobile point-of-sale devices is set to grow fivefold to reach 51m by 2019, or 46% of the overall POS market, ABI Research says. Small, medium and large retailers are all looking to incorporate the technology. “Both traditional POS and mPOS can grow together in tandem,” says analyst Phil Sealy, “co-existing and expanding the presence of digital payment acceptance.”

Introducing NFC World+, the new way to keep up to date with the mobile transaction revolution

May 7th, 2014

Starting today, NFC World has a new name and a new mission — to report on the full array of emerging technologies that are transforming how consumers choose what to buy, who to buy from,… More

SIMalliance reports 159% growth in NFC SIM shipments

April 24th, 2014

A total of 4.2bn SIMs were shipped in 2013 by members of the SIMalliance, an organisation that represents suppliers responsible for 86% of the global SIM market, 5% down on 2012. The drop was due… More

GSMA reports on NFC adoption at MWC, SIM trends and HCE

April 14th, 2014

One in nine attendees at Mobile World Congress (11.8%) made use of the NFC Badge function available at this year’s event, the GSMA has told NFC World, and there was a “significant increase” in the… More

Apple iWatch to ship with NFC this year?

April 11th, 2014

Apple will enter the wearable devices market “this fall” with an iWatch that includes a secure element, NFC communications capabilities and support for biometrics, according to a new research note by Taiwan-based KGI Securities analyst… More

Westpac to launch embedded NFC payments on Samsung devices

April 8th, 2014

Australia’s Westpac bank is to launch its NFC mobile payments service on Samsung Galaxy S4 and S5 devices “over the next few weeks” with the functionality being “rolled out progressively” from this month. By 2015, the bank predicts, three million Australians will be using NFC to make payments. More

Juniper: 10bn mobile contactless transactions to be made annually by 2018

March 12th, 2014

The number of contactless transactions made using a mobile phone will increase from 3bn this year to 10bn in 2018, according to Juniper Research, due to two key drivers: host card emulation (HCE) and the… More

NFC to account for 30% of mobile tickets

February 17th, 2014

More than 34 billion tickets will be delivered to mobile devices over the next five years, according to a new ABI Research forecast, with QR codes making up 48% of the total and NFC accounting… More

Two in three phones to come with NFC in 2018

February 12th, 2014

NFC will be included in 64% of the mobile phones shipped in 2018, up from 18.2% in 2013, according to a new forecast from IHS Technology. Global shipments of NFC-enabled mobile phones will be more… More

1.6bn NFC handsets by 2018

January 21st, 2014

The global market for NFC handsets is projected to reach 1.6bn units by 2018, according to a new research report from Global Industry Analysts, “driven by growing penetration of mobile phones, continued rise in demand and production of smartphones, rising penetration of NFC in consumer devices, and chip level technology developments.”

ABI: Smartphones accounted for 80% of NFC devices shipped in 2013

January 8th, 2014

Smartphones accounted for four out of five NFC devices shipped in 2013 but that market share will drop to under 60% in 2017 as NFC becomes widely adopted in computing products, peripherals, speakers, digital cameras,… More

Contactless cards up 41%

November 19th, 2013

Some 930m contactless smart cards will be shipped in 2013, an increase of 41% on 2012, Eurosmart has reported at Cartes 2013. The smart security industry trade body expects around 250m NFC secure elements to ship this year.

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