MarketsandMarkets has released a new report predicting that the value of mobile payment transactions in the US will reach $56 billion in 2015.
According to the report, “Mobile Payment – Advanced Technologies (NFC), Strategies And Future Of Remote & Proximity Payment In US,” the market for NFC mobile payment in the US is currently in its infancy, with an adoption rate of only 1.7%.
However, as NFC technology becomes more available, the report predicts the market will grow at a Compound Annual Growth Rate (CAGR) of 49.19 percent over the next 5 years, leaping from a $5.2 billion a year industry to $56.7 billion.
According to the report, by 2015 the US will make up 10.6% of the global mobile payment transaction market.
Topics covered in the report include: Market Structure, Segmentation of U.S. Payments Market By Type And Size, Opportunity For Nfc Based Payments – Huge Cash Transactions, Mobile Payments – Market Estimate, Winning Imperatives For Deploying NFC Mobile Payments, Value Proposition Of Nfc Mobile Payments, NFC Is The Future Of Mobile Payments, Future Outlook Of Mobile Payments Market, Case Studies
and Vendor Analysis.
Read more here.