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IMS: NFC ready to take-off this year

Posted: 26 May 2010 ?? ?Print Version ?Bookmark and Share

Keywords:NFC? contactless terminal? wireless technology?

NFC IC shipments are forecast to hit 785 million in 2015, according to IMS Research's NFCWorld - 2010 report.

Report analyst, Don Tait said, "The NFC market has encountered a number of false dawns since its inception over six years ago. But 2010 finally looks like the year when NFC will finally take-off. Some of the major problems which have blighted market development include a lack of available NFC handsets on the market; limited contactless terminals and infrastructure to support the technology; unclear business models and disagreements between the different stakeholders of the ecosystem."

Tait continued, "It has taken a number of years to resolve some of the aforementioned problems and issues surrounding NFC. More significant deployments of NFC are projected to happen in 2011. The launch of NFC-enabled smart phones in 2010 and in 2011 will help the market to gain traction. Using an NFC-enabled phone for payment and ticketing and access are projected to be the main applications for the technology and this will boost market development over the next few years."

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