Device TechnologiesDevice Technologies

Device Technologies

Contactless Payments & Other Apps to Drive Rapid NFC Handset Sales Growth

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Report Summary:

In 2011, NFC-capable handsets began to launch outside of Japan, led by vendors Samsung, Nokia, and RIM, while operators and service providers began making a play for the burgeoning mobile payment ecosystem. NFC technology is on the cusp of rapid proliferation, and we forecast annual sales of NFC-capable handsets to grow at a CAGR of 67% between 2011 and 2016. This research note contains regional forecasts of NFC handset sales, as well analysis of the technology's drivers and adoption challenges.

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