juniper research

A new report said on Monday that the global number of non-fungible token (NFT) transactions is likely to rise from 24 million in 2022 to 40 million by 2027, a new report said, cautioning the vendors about an unregulated environment which is home to fraudulent activities and scams.The report by Juniper Research stressed that vendors who partake in the NFT space may risk brand damage by association, due to the role NFTs have had in illegal activities, such as money laundering, scams, and fraud."Environmental issues were…

The total number of digital wallet users will exceed 5.2 billion globally by 2026, up from 3.4 billion in 2022, representing strong growth of over 53%, a report said on Tuesday.The findings, by Juniper Research, predicted that the presence of "superapps" will drive digital wallet use in developing countries that are currently considered cash-heavy. "These rapidly growing markets represent a significant opportunity for digital wallet vendors, but they must work intelligently to maximise their position," Damla Sat, research…

The number of hydrogen vehicles in service globally is likely to exceed 1 million in 2027, from just over 60,000 in 2022 -- a substantial growth of over 1,500%, a new report showed on Monday.Hydrogen vehicles use hydrogen propulsion systems as their onboard fuel. The chemical energy of hydrogen and oxygen reacts with the fuel cell and converts the energy to electricity. Juniper Research forecasts that the consumer market will lead the hydrogen vehicles space, with consumer vehicles accounting for over 60% of hydrogen…

NEW DELHI: The value of biometrically authenticated remote mobile payments is likely to reach $1.2 trillion globally by 2027, from $332 billion in 2022, a new report showed on Monday (May 30, 2022).These transactions use biometrics, typically facial and fingerprint recognition, to authenticate remote mobile payments.This growth of 365%, according to Juniper Research, is driven by recent regulatory changes, with the introduction of SCA (strong customer authentication) pushing greater adoption. The SCA requirement of PSD2…