Researchers and analysts are loving Near Field Communication (NFC) right now, as the imminent boom the technology is set to experience gives them plenty to speculate about. Juniper Research is the latest to get in on the action.
According to Juniper’s report, 1 in 5 smartphones are expected to support NFC by 2014. That’s 300 million smartphones worldwide capable of making contactless payments. Half of those devices will be owned by North Americans.
The research explains that the “growth will be driven in the short term by mobile network operators launching services in 20 early adopting countries before the end of 2012.” Hey, that includes us in the UK.
Juniper points out that the technology is still very much in its infancy, and warns that “business model structures still require development before NFC services will achieve critical mass.”
A number of new phones already support the technology, including the Samsung Galaxy S II. In fact, the Korean manufacturer recently announced that it’ll develop a special Olympic-themed smartphone with NFC capability.
If you’re really – and I mean really – interested in NFC, you can access the full report for £1,750. That gets you single-user access to the PDF. Or you could just check out this video, in which a couple of guys from Juniper have a nice chat about the technology.
via: Juniper Research