60 per cent of the spend will be on physical goods.
A new study from Juniper Research – the market watcher that never sleeps – says m-commerce, money transfers and NFC will combine to supercharge the sector from its $240bn value this year.
The figures represent the total value of all purchases made or transferred.
One of the most eye-catching projections is that digital goods payments will account for nearly 40 per cent of the market in 2015. That's a big change from today, when virtually all mobile payments are for mobile goods, virtual items or money transfers.
The report says 20 countries are expected to launch NFC services in the next 18 months, resulting in transactions approaching $50 billion worldwide by 2014.
Meanwhile activity in developing countries will cause mobile money users to double by 2013.
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Juniper expects the Far East, Western Europe and North America to represent 75 per cent of the global mobile payment gross transaction value by 2015.
Interested in the mobile payments space? Download ME's own premium report, Mobile Payments 2011, for an unmissable overview of developments in operator billing, pay-by-mobile, in-app payments, NFC, PayPal on mobile and much more.
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