NFC mobile payments to take off, says Juniper Research

September 11th, 2009

As reported by IntoMobile, Juniper Research’s latest report states that NFC mobile payments will exceed $30 billion by 2012. Quoting IntoMobile and the report:

Some of the findings from the NFC research include:

• First NFC devices will be shipped commercially later in 2009 and the market will ramp up from 2011;
• NFC/Felica payments are already established in Japan but by 2014 North America and Western Europe will be experiencing high growth;
• By 2012, NFC global gross transaction value will exceed $30 billion.