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18 June 2013

One in three mobile phones to come with NFC by 2017

Between 2012 and 2017 the installed base of NFC-enabled handsets will increase at a compound annual growth rate of 65% to reach 2.1bn units, according to new research from Berg Insight. "The penetration rate for NFC across all handset segments will similarly increase to approximately 32% by 2017."

NFC mobile wallet services have now been commercially deployed in 13 countries, up from six at the end of 2011, according to a new study by Berg Insight. Most are still available to only a very small number of consumers, however, but "this will change substantially during the next few years due to the massive rollouts of NFC-enabled phones, NFC-ready POS terminals and TSM solutions."
There will also be around 140 companies that use a TSM solution in commercially live NFC mobile wallet services worldwide at the end of 2013, up from 57 at the end of 2012, Berg says. "The most active region for TSM projects is currently Asia Pacific, followed by Europe, North America and the Middle East."

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