Juniper: mCommerce Transactions Gunning for 200B By 2019

Juniper mCommerce Transactions Gunning for 200B By 2019A new report from Juniper Research indicates that mobile phone and tablet users will make 195 billion mobile commerce transactions annually by 2019.

Underscoring the remarkable growth anticipated over the next five years, this anticipated expansion represents a significant spike over the 72 billion mCommerce transactions expected this year.

According to the report, highest growth rates are expected in the NFC sector.

Here, usage is expected to be buoyed by the launch of Apple Pay, together with a host of anticipated deployments by banks using solutions based on HCE (Host Card Emulation) technology.

Overall, the highest net increase in transaction volumes will occur in the digital goods sector, fueled by what Juniper says is a “surge in micropayments for in-app purchases, notably within arenas such as social gaming.”