The market for mobile payments — which includes mobile shopping, money transfers and near-field communication (NFC) transactions — will hit $670 billion globally by 2015, a significant jump from $240 billion this year, according to Juniper Research’s latest report.
All mobile segments will double or triple over the next five years, according to the report. Juniper’s findings are undoubtedly highly optimistic, but I wouldn’t be surprised if it comes to pass given just how much of a hot topic mobile payments are right now.
(Mobile payments will be a big part of our MobileBeat 2011 conference next week in San Francisco, which will feature Google Wallet head Stephanie Tilenius, as well as guests from PayPal and Verizon to discuss the burgeoning new field.)
To read the full, original article click on this link: Juniper: Mobile payments to hit $670B by 2015 | VentureBeat
Author:Devindra Hardawar
