NFC – Near Field Communication Market is based on wireless interface which enables all communication devices and electronic gadgets to get connected with each other by establishing radio connectivity under proximity. This technology is mainly used for smartphones, laptops and tablets for Short range of data exchange. The near field communication market is expected to grow at a very fast space in the forecast period.
How Big is The Near Field communication Market?
The near field communication (NFC) market is expected to reach US$ 25.50 Billion by 2025, at a CAGR of 17.1% between 2019 and 2025.
The major driving factors of Near Field communication Market are as follows:
• Convenient transfer and security of data
• Increasing penetration of smartphones
• Contact-less payments
The restraining factors of Near Field communication Market are as follows:
• High costs of installations
• Security concerns
The Near Field communication Market is segmented based on Product type as Non Auxillary Products as – NFC Tags, NFC Readers, NFC Chips; Auxillary Products as – NFC enabled mobile sim, others (NFC cover). The Near Field communication Market is segmented based on Devices as smartphones & tablets, PCs & Laptops, Others (Infotainment and Stereo Headphone). The Near Field communication market is segmented based on application as Mobile/ Contactless payment, Information sharing, user authentication & access control, Monitoring Healthcare systems & others.
The Near Field Communication Market geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global Near Field communication Market and related technologies.
2) Analyses of global market trends and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Near Field Communication Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of Near Field communication Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include NXP Semiconductors (Netherland), Broadcom Corporation (U.S.), STMicroelectronics NV (Switzerland), MediaTek, Inc. (Taiwan), Renesas Electronics Corporation (Japan), Gemalto NV (Netherlands), and Texas Instruments (U.S.)are provided in the report. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Market Segmentation of Near Field communication is as follows:
By Product Type
Non-auxiliary products
Auxiliary products
By Devices:
MARKET BY APPLICATION
Reasons to buy this Report:
1) Obtain the most up to date information available on all active and planned Near Field Communication Market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Near field communication market and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.
Customization:
We can offer you custom research reports as per client’s special requirements.
1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Demand-Side Analysis of NFC Market
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Growing Volume of Non-Cash Transactions
2.2.2.2 Growth in Mobile Point-Of-Sales (POS) Terminals
2.3 Market Size Estimation
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in NFC Market
4.2 NFC Market, By Operating Mode
4.3 NFC Market in APAC During the Forecast Period
4.4 NFC Market Growth in Major Countries During the Forecast Period
4.5 NFC Market, By Product
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Operating Mode
5.2.2 By Product & Software
5.2.3 By Application
5.2.4 By Geography
5.3 Comparison of NFC With Other Wireless Technologies
5.4 NFC Standards
5.5 Market Dynamics: Near Field Communication
5.5.1 Drivers
5.5.1.1 Growing Adoption of Smart Appliances
5.5.1.2 Trend of Mobile Commerce
5.5.1.3 Enhanced User Experience and Trust in Contactless Technologies
5.5.1.4 Growth in the Production of NFC-Enabled Mobile Phones
5.5.1.5 Decline in Chip Price
5.5.2 Restraints
5.5.2.1 Short-Range Communication
5.5.2.2 Disagreement and Disputes Between Key Players in the Value Chain
5.5.2.3 Only Proprietary Standards
5.5.3 Opportunities
5.5.3.1 Integrated ICS Supporting NFC, Bluetooth, and Wi-Fi
5.5.3.2 Online and In-Store Payment
5.5.3.3 Growing Need for Connectivity Between Different Devices
5.5.4 Challenges
5.5.4.1 Lack of Consumer Awareness
5.5.4.2 Need for Intermediaries’ Gateway for Mobile Payment
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Key Industry Trends
6.4 Porter’s Five Forces Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Intensity of Rivalry
7 NFC Market, By Device Operating Mode
7.1 Introduction
7.2 Reader Emulation
7.3 Peer-To-Peer
7.4 Card Emulation
8 NFC Market, By Product and Software
8.1 Introduction
8.2 Non- Auxiliary Products
8.2.1 NFC ICS & Antennas
8.2.2 NFC Tags
8.2.3 NFC Readers
8.3 Auxiliary Products
8.3.1 NFC Micro Sd Cards
8.3.2 NFC SIM /UICC Cards
8.3.3 NFC Covers
8.4 NFC Software
9 Market, By Industry
9.1 Introduction
9.2 Retail
9.2.1 Access Control
9.2.2 Product Identification
9.2.3 Transaction
9.3 Transportation
9.3.1 Ticketing
9.3.2 Access Control
9.4 Automotive
9.5 Residential & Commercial
9.5.1 Physical Access
9.5.2 Time & Attendance
9.5.3 Automated Locking System
9.6 Medical & Healthcare
9.6.1 Medical Devices
9.7 Consumer Electronics
9.7.1 Wearable Devices
9.7.2 Mobile Phones/Tablets
9.7.3 Laptops/ Personal Computers
9.7.4 Cameras
9.7.5 Others
9.8 Banking & Finance
9.8.1 E-Money Services (POS Machines)
9.8.2 Multiforex Cards
9.9 Others
10 Geographic Analysis
10.1 Introduction
10.2 America
10.3 Europe
10.4 Asia-Pacific
10.5 Rest of the World
11 Competitive Landscape
11.1 Overview
11.2 Ranking for the NFC Market
11.3 Competitive Scenario
11.4 Recent Developments
11.4.1 New Product Launches
11.4.2 Collaborations, Partnerships& Agreements
11.4.3 Expansions
11.4.4 Mergers & Acquisitions
12 Company Profiles
12.1 Introduction
12.2 NXP Semiconductors
12.3 Broadcom Corporation
12.4 Stmicroelectronics
12.5 Mediatek Inc.
12.6 Renesas Electronics Corporation
12.7 Gemalto NV
12.8 Huawei Technologies Co., Ltd.
12.9 Inside Secure
12.10 Samsung Electronics Co., Ltd.
12.11 Texas Instruments
The Market Segmentation of Near Field communication is as follows:
By Product Type
Non-auxiliary products
Auxiliary products
By Devices:
MARKET BY APPLICATION
BY GEOGRAPHY
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