Tuesday, June 7, 2011
$50 Billion in NFC-Based Mobile Payments in 2014
Global mobile contactless payment transactions using near field communications will reach nearly $50 billion worldwide by 2014, says Juniper Research. North America and Western Europe will account for 50 percent of global NFC payments market by value in 2014.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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