Mobile payments set to reach $1trillion by 2017 (srsly?)

idc mobile payment prediction 1 trillion 2017


According to IDC Financial Insights transactions over mobile phones will reach $1 trillion by 2017.

Another week another prediction of a bonanza in a market where they key consumers have yet to indicate any kind of real enthusiasm and VC's are hurling money like they're putting out some kind of equity fire. Have we been here before?


Anyway, what do you think? Take a look at these stories below and let me know…


Mobile payments to reach $1 trillion by 2017

QR Code Press – ‎15 hours ago‎

The volume of money spent worldwide is expected to skyrocket over the next five years. According to a study performed by IDC Financial Insights, the mobile payments volume by 2017 will have reached over a trillion dollars, and this will be merely the tip of

Worldwide Purchase Volume Over Mobile Devices will Exceed $1 Trillion by

FierceMobileIT – ‎16 hours ago‎

FRAMINGHAM, MA, November 14, 2012 – IDC Financial Insights today announced a new report, “Technology Selection: Worldwide Mobile Payments 2012-2017 Forecast” (Document FIN237814), which presents a worldwide forecast of consumer and

IDC forecasts rapid growth in near-field communication payments

FierceMobileIT – ‎16 hours ago‎

Worldwide business and consumer spending over mobile devices is predicted to exceed $1 trillion by 2017, according to the latest research from IDC. IDC forecasts rapid growth in near-field communication payments, driven by mobile handset and

IDC reports mobile payments to exceed $1 trillion by 2017

NFCNews – ‎18 hours ago‎

A recent IDC report estimates that total mobile device spending — driven largely by m-commerce — will exceed $1 trillion by 2017. As reported by, the IDC Financial Insight’s Worldwide Mobile Payments 2012-2017 report presents a

Mobile Payments To Hit $1 Trillion By 2017

Daily Deal Media – ‎19 hours ago‎

mobile payments, ecommerce, Hard currency or cash is an inconvenience for the vast majority of businesses. It takes too many man hours to use when compared to other forms of payment. Retailers, financial institutions and governments

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