– 913 Million Mobile Bankers: Berg Insight is predicting that the global number of users of mobile banking and related services will grow at a compound annual growth rate of 89.0 percent, from 20 million users in 2008 to 913 million users in 2014. Asia Pacific will account for 65 percent of the user base, according to Berg, and mobile banking will play a key role in bringing banking services to Africa and the Middle East. The BBC has an article about the initiatives around mobile banking in Africa. In Europe and North America the technology will mainly serve as an extension of online banking, with Berg predicting 110 million users in Europe by 2014 and 80 million users in Nother America. Berg Insight also forecasts that 5
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post