News Scan: Europeans turn to tablets for mobile banking; Smartglasses increasingly using Wi-Fi; more


>> Europeans turning to tablets for mobile banking

By 2016, more European consumers will use their tablets than their smartphones for banking, according to a forecast by Forrester Research. Mobile banking on tablets will reach 115 million users in 2018, compared with smartphones, which will reach 99 million users in 2018. "We expect the number of Western European online banking users on PCs and tablets to grow slowly in the next five years and reach 163 million by 2018, masking a big underlying shift from PCs to tablets to access banks' websites," says Forrester analyst Stephen Walker. Read more

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>> Asia-Pacific enterprise mobile collaboration app market set to take off

The Asia-Pacific enterprise mobile collaboration application market is forecast by Frost & Sullivan to experience "immense growth in the next three years." The top vendors in the market are Microsoft and IBM, which together accounted for almost 85 percent of market revenue. Frost & Sullivan said that the number of active mobile collaboration app users in the Asia-Pacific region stood at 4.7 million in 2013 and is forecast to reach 7.4 million users by 2018, a compound annual growth rate of 7.4 percent. Read more

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>> Smartglasses increasingly using Wi-Fi

Shipments of smartglasses will see a Wi-Fi penetration rate of 79 percent, reaching 4 million units in 2015, according to market research firm Strategy Analytics. Devices from Google and Samsung will be key to driving wearables growth for the next five years, the firm noted. "For the smartglasses user, Wi-Fi is a key enabler, allowing the user to upload HD video (recorded on the device) to video sharing services," said Matt Wilkins, director at Strategy Analytics. Read more

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>> Sports, fitness and activity monitors to generate $2.8B in revenue by 2019

Market revenues for sports, fitness and activity monitors are forecast by IHS Technology to rise by 46 percent between 2013 and 2019, reaching $2.8 billion by then. In 2014, revenue will increase 22 percent to $2.2 billion. The total installed base will expand to 120 million units in 2019, up from 84 million in 2013, says IHS. Read more

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>> One in five mobile handsets will have mobile wallets by 2018

One in five mobile handsets will have mobile wallets by 2018, compared with one in 10 at the end of 2013, according to a forecast by Juniper Research. There will be two distinct mobile wallet models -- stored value accounts (popular in developing countries) and contactless payment (popular in developed nations). More than half of mobile wallets in developed countries will have contactless payment by 2018. Read more

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