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Wireless

NFC-based m-wallet user base to hit 594 million in 2016

Thursday 24 November 2011 | 05:02 CET | News
Mobile wallets are coming, and while MNOs will provide the majority of NFC-based mobile wallets, their market share will erode between 2012 and 2016 as Google and Apple claim loyal users, according to a study by ABI Research. The study also forecasts that by the end of 2012, Google will prove that Google Wallet is a hit with consumers. By 2014, the Google Wallets is expected to be supported alongside competing MNO offerings globally. MNOs will provide 75 percent of all mobile wallets in 2012, a figure which is expected to drop to 63 percent in 2016. NFC-based mobile wallet users will grow to

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Categories: Mobile & Wireless
Countries: World
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