M-commerce transactions to hit 195 bln a year by 2019

Monday 1 December 2014 | 11:57 CET | News
There are forecast to be 195 billion mobile commerce transactions a year by 2019, compared with 72 billion in 2014, according to Juniper Research. The highest growth rates are expected in the NFC sector, where usage will be driven by the launch of Apple Play, and new deployments by banks using Host Card Emulation (HCE) technology. The highest increase in transaction volumes is projected to be in the digital goods sector, fuelled by growth in micropayments for in-app purchases, notably in social gaming.

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Categories: Mobile & Wireless
Countries: World
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