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Despite NFC having been touted as an emerging technology for several years, MNOs and their technology vendors have been relatively slow to address a number of practical issues affecting market adoption, including how best to deliver and manage the credentials and services which are required. The TSM market was the answer but it is still evolving, initially as business models and emphasis shifted with companies now looking to reduce the costs and complexity of TSM operations.
As the TSM market has evolved so have vendor strategies and business models as providers look toward providing more cost effective platforms and differentiation factors while adding value where possible. The market makeup is now beginning to take shape with the majority of MNOs now decided upon platform partners. Now we look toward a market with large vendors driving it forward, accompanied by a smaller players and startups competing for tier 2 and 3 MNO contracts. ABI Research’s TSM report discusses the current and future market dynamics, while addressing market drivers, barriers and potential impacts from other technologies.