NFC-ready POS terminals reached 24.7M in 2017

The market for NFC-ready point-of-sale terminals continues to show strong momentum with annual shipment in 2017 reaching an estimated 24.7 million units worldwide, according to a report from IoT analyst firm Berg Insight. The attach rate for NFC was highest in the European Union and North America, where 90 percent and 88 percent respectively of the POS terminals shipped featured NFC. NFC was also a popular feature in many other major markets worldwide, including Brazil, Turkey and China, according to a press release about the report.