Frost & Sullivan predicts surge in mobile wallet adoption

Frost logo 2016

The number of active mobile wallet users will rise from 409m in 2015 to 1,722m in 2023, research from Frost & Sullivan predicts, while mobile payment transaction values will increase from €289.02bn (US$315.39bn) in 2014 to €1,516.70bn (US$1615.1bn) in 2020, representing a compound annual growth rate (CAGR) of 31.8%... More



TSM market to be worth 330m euros annually by 2015

Frost & Sullivan

“NFC is a nascent industry in which all participants want to set up the conditions and obtain the greatest market share during the early stages,” new analysis from Frost & Sullivan has found. “However, NFC commercialisation will not take place if such approaches are taken.” More


World’s leading mobile operators commit to NFC — with the SIM as the secure element and the operators in control

GSMA

The GSMA has issued a statement outlining a commitment by leading global mobile network operators — many of whom have not previously been involved in NFC — to launch commercial services in 2012. “The operator community is focused on driving the standardised deployment of mobile NFC, using the SIM as the secure element to provide authentication, security and portability,” says the announcement.  More





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