The number of consumers using contactless Near Field Communication payments may quadruple in the next five years.
Apple's new NFC-based mobile wallet,
The report also found more adoption of Host Card Emulation, a technology that enables contactless NFC payments without requiring access to the handset's secure element. Examples include
However, the report maintains, most
"While NFC deployments and consumer activity will be buoyed by these developments, the opportunities for network operator involvement are limited," the author of the report, Windsor Holden, explained in an Oct. 28 press release. "Hence we are likely to see more operators re-evaluating their existing commitments to NFC and possibly withdrawing from the space."