Hampshire, U.K. — Near-Field Communication (NFC) could generate as much as $50 billion in sales through NFC’s mobile payment feature by 2014, according to a report from market research firm Juniper

NFC mobile payments allow consumers to pay for goods and services, via credit card accounts stored in their phones. Companies such as Google have made efforts to kick off their own NFC programs.

Interview-based research and analysis with key industry experts about the NFC mobile feature suggest that they could see NFC launch in up to 20 different countries.

“As a result, Juniper is forecasting that North America and Western Europe together will exceed the Far East region in under three years based on transaction value,” said Juniper analyst David Snow.

Related Links: (Juniper Research)