News stories featuring In-Stat:
March 13th, 2012
Market forecaster In-Stat predicts that the value of proximity mobile payment transactions will approach US$9.9 billion in 2016, up from $1.1 billion in 2012. The Asia Pacific region will dominate payments volumes throughout the next few years, the company says, accounting for 41% of global transactions in 2016.
November 1st, 2011
More than 1.2 billion NFC chips will ship annually by 2015, according to a new forecast from In-Stat. “As the costs of NFC chips decline, and NFC radios are combined with other chip functions, the cost to integrate NFC into handsets will be outweighed by the benefits,” says analyst Allen Nogee. “The growth of combo chips will also allow NFC radios to piggyback on technology that already has significant penetration in the market.”
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