The Mobile Commerce News Weekly is an online newsletter made up of the most interesting news, articles and links related to mobile payments, mobile money, e-wallets, mobile banking and mobile security that I run across each week. I am specifically targeting market size and market trend information.
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British consumers are likely to spend as much as $30.5 billion by 2021 on purchases through their mobile handsets. Currently UK mobile payments are valued at $1.8 billion, with almost $417 million comprising of mobile sales from the food and groceries category.
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ABI Research shows that the NFC market will reach $1 billion by the end of 2016, and there will be a projected 552 million handsets shipped that will be equipped with NFC capabilities in 2016.
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Business Insights anticipates that the alternate payments industry comprising of online, mobile and contactless segments will grow at an annual rate of 17.6 percent over the period 2010 to 2015, with revenues increasing from $740 billion in 2010 to $2,700 billion in 2015.
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Pyxis Mobile provides an agile, powerful, and secure mobile enterprise application platform. It enables rapid cross-platform application development, unlimited data integration, enterprise-grade security, and the unique ability to change and update applications in real time. This newsletter is sponsored in part by Pyxis Mobile,
http://pyxismobile.com/
eBay CEO John Donahoe has increased the company’s 2011 expectations for mobile payments through PayPal from $3 billion to $3.5 billion in revenue.
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