July 9, 2007
Mobile payments ‘to generate $22bn by 2011’
he value of mobile transactions will grow to nearly $22bn by 2011, according to new research by Juniper Research. Netimperative reports.
"Juniper Research predicts that P2P fund transfers and mobile payments in the developing world, together with the commercialisation in 2009 of NFC (Near Field Communications) based mobile payments will generate transactions worth approximately $22bn by 2011.
The report also indicates that SMS based Person2Person (P2P) fund transfers and payments will drive the developing world m-payment market.
... Juniper Research illustrates the current and near-future status of mobile payments with interviews, case studies and analysis from representatives of some of the leading organisations in the growing mobile payment industry.
White papers and further details of the study ‘Mobile Payment Strategies & Markets 2007-2011' can be freely downloaded from juniperresearch.com.
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