According to a new study by Juniper Research, the global value of the contactless payment market will reach $95 billion by 2018, up from $35 billion in 2015, reports BetaNews. The research reports that while smartwatches and smart wristbands will be important to the market, smartphones will be even more important. According to the source, the nine million Apple Watches that were sold in 2015 were dwarfed by the NFC-capable iPhones.
The research can be downloaded and reviewed here.
Sodexo // Business Wire
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