The following video is part of our "Motley Fool Conversations" series, in which industrials editor and analyst Brendan Byrnes and consumer-goods editor and analyst Austin Smith discuss topics around the investing world.
In today's edition, Brendan and Austin discuss an up-and-coming technology, near field communications (NFC). A joint venture among heavy hitters Verizon, AT&T, and T-Mobile called Isis could potentially take this market by storm. Juniper estimates that NFC payments will reach $74 billion worldwide by 2015. This is a huge market, with many of the big tech players competing, including Google Wallet. Which companies will prove victorious?
In the future, NFC could be a big part of what we call the "trillion-dollar revolution." To better prepare investors, The Motley Fool has just released a free report on mobile named "The Next Trillion Dollar Revolution" that details a hidden component play inside mobile phones that also is a market leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
At the time thisarticle was published Austin Smith and Brendan Byrnes have no positions in the stocks mentioned above. The Motley Fool owns shares of Google.Motley Fool newsletter services recommendAmerican Express, Google, and Visa. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.