Juniper: NFC Payment Users to Number 500 Million by 2019

A new report from Juniper Research calls for major growth in the market for NFC mobile payments. And not surprisingly, Apple is expected to play a critical role in the anticipated boom. Juniper reports this week that there will be 516 million mobile users of NFC (Near Field Communication) contactless payment services by the end …   Read More

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Juniper NFC Payment Users to More Than 500 Million by 2019A new report from Juniper Research calls for major growth in the market for NFC mobile payments.

And not surprisingly, Apple is expected to play a critical role in the anticipated boom.

Juniper reports this week that there will be 516 million mobile users of NFC (Near Field Communication) contactless payment services by the end of 2019.

By comparison, there will only be 101 million users at the close of 2014.

Juniper says Apple’s introduction of an NFC-based payment mechanism, Apple Pay, will “stimulate the wider marketplace, helping to address the key challenges of contactless awareness and acceptance.”

By the end of the decade, the research giant proposes, three-quarters of smartphones worldwide will contain an NFC controller chip.

Juniper’s newest whitepaper, Getting in Touch with NFC, is available to download from the Juniper website now.

To check it out, click here.

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2 comments

  1. i2SMS

    For 14 years we have heard NFC is the “next greatest thing”.  We have long believed why would anyone prefer a hardware solution when a software solution is easier and completes the job.  However, now with Apple in the picture, NFC may finally become a technology people use.  We maintain it will be Apple that dictates the success/failure of NFC and most other players will continue to see little growth in this area.  It is the ecosystem Apple has developed and their user base that will propel NFC forward. However, remember it is Apple giving NFC the boost, and not NFC enabling Apple.

    Giff Gfroerer
    i2SMS

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