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Technology Adoption Curves Explained: What It Means for Consumers and Businesses in the USA
['Reeves Birner', 'Angela Scott-Briggs']
TechBullion
The early majority and late majority each account for 34%, and the final 16% are laggards, according to the Diffusion of Innovations summary maintained by Newcastle University.
When a payment method crosses from early adopters into the early majority, transaction volume does not rise in a straight line.
The same pattern shows up in our coverage of how fintech adoption rates surpassed 64% globally.
Strong growth rates like these usually signal that the early majority is still arriving rather than that the market is full.
A company chasing the early majority needs distribution, trust signals, and integrations, because that group buys on social proof rather than novelty.