Purchases via Mobile to Reach $600 Billion by 2013
September 3, 2008 11:27 AM | Interesting | Comments (0)
Last month Juniper Research reported that 2.1 billion mobile subscribers will "pay by mobile" for digital goods downloaded to their mobile phones by 2013. Today the company has reported that purchases via mobile devices of digital and physical goods, contactless NFC (Near Field Communications) transactions and money transfers will together generate transactions worth over $600bn globally by 2013. This figure represents the gross value of all the items being purchased or the value of money being transferred. Highlights from the report include: |  |
- Global annual gross transaction value will grow over 10 times between 2008 and 2013
- Juniper Research’s 2008 forecasts show an increased growth rate of the global mobile subscriber base than previously, with in excess of 1 billion new users by 2013
- The top 3 regions for mobile payments (Far East & China, W. Europe and N. America) will represent over 70% of the global mobile money transfer gross transaction value by 2013.
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