Tag: NFC chips

Mobile payments market to reach $42 billion this year

Jorge Gonzalez
Mobile payment market - smartphone transaction - Growth

Moreover, by 2032, it will have reached a CAGR of 30 percent and will be worth $590 billion. The mobile payments market is continuing its explosive growth, to the point that it is expected to reach a value of $42 billion by the close of this year. That will involve an astounding 30 percent CAGR that will bring it to $590 billion by the end of the next ten years as 2032 comes to a close. Though device-based transactions have been popular in some markets, they were slow to take…

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NFC technology enabled devices will reach 500 million next year

Sam Lambert
NFC technology Phones Delivery Notice

Half a billion devices will be equipped with these chips by the year 2014. The number of NFC technology enabled devices that will allow smartphones and tablets to transmit data such as credit card and other payments information will break the 500 million mark by the end of 2014, says a recent report. The latest study from ABI Research has shown that the number of these devices is growing fast. The ABI Research report has indicated that even by the end of this year, there will have been 285 million…

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Report shows the growth of NFC technology

John Montgallo
NFC Technology mobile commerce

Report highlights the successes of NFC technology Technavio, a market research firm, has released a new report titled “Global Near Field Communication Chip Market 2011-2015.” The report highlights the trends that emerged to influence the worldwide NFC chip market and provide insight on how these trends could affect the market’s future. The report is tailored for “decision makers” who are interested in the capabilities of NFC technology and its various uses. The report notes that one of the most popular sectors in which NFC technology is playing a major role…

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Pulse launches new NFC antenna made from ferrite

Sam Lambert
NFC techology app

New NFC antenna capable of transmitting data up to 40mm away Pulse Electronics, a developer of electronic components for a variety of platforms, has announced the launch of a new NFC antenna that facilitates data transfers from a distance of up to 40 millimeters. The NFC antenna is comprised of a ferrite sheet, which can be customized to suit a variety of mobile devices. Pulse Electronics suggests that its NFC antenna is easier to install and provides more security than traditional NFC technology. NFC antenna may be more viable than…

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NFC marketing picking up momentum in Japan

Sam Lambert
NFC technology train fare

Japanese advertisers take notice of the effectiveness of NFC technology Public transportation is a popular form of travel in large cities. The reasons people favor public transit are numerous, ranging from financial concerns to convenience, but its popularity has not gone unnoticed by marketers. For years, marketers have utilized public transportation as a way to reach out to a large number of consumers. As more of the consumers make use of mobile technology, marketers are beginning to adopt mobile marketing schemes to reach these consumers. In Japan, NFC technology has…

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