Study: NFC handset sales to reach 700M in 2016 - Mobile World Live

Study: NFC handset sales to reach 700M in 2016

27 MAR 2012

According to new research from Berg Insight, global sales of NFC-enabled handsets will reach 700 million units in 2016, growing at a compound annual growth rate of 87.8 percent. The firm says sales this year of NFC handsets will be 100 million up from the 30 million in 2011.  It describes 2011 as a breakthrough year for NFC with more than 40 NFC-enabled handsets being launched. Not all these handsets will be used for payment services however. André Malm, Senior Analyst, Berg Insight, says: “Even though it will take some time before the stakeholders agree on business models for payment networks, other use cases such as reading tags and easy pairing may well be compelling enough for handset vendors to integrate NFC in mid- and high-end devices already today.”

Author

Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

Read more

Related

Tags