Near Field Communication (NFC) Market worth US$ 21 Billion By 2023

New York, August 13, 2018: 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.

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.

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.

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The Segmentation of Near Field communication Market is as follows:

The Near Field Communication Market is Segmented on the Basis Of Product Type Devices Type Application Type And Geographical Analysis. By Product Type this market is segmented on the basis of Non-auxiliary products and Auxiliary products. Non-auxiliary products is segmented into NFC Tags, NFC Readers and NFC Chip. Auxiliary products is segmented into NFC enabled Mobile sim and Others (NFC cover).

By Devices Type this market is segmented on the basis of Smartphone & Tablets, PCs & Laptops and Others (Infotainment and Stereo Headphone). By Application Type this market is segmented on the basis of Mobile/Contactless Payment, Information Sharing, User Authentication & Access Control, Monitoring Healthcare system and Others. By Geographical Analysis this market is segmented on the basis of North America, Asia Pacific, Europe, Latin America, Africa and Middle East.

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 2022.
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.

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Table of Contents

1 INTRODUCTION

2 Research Methodology

3 Executive Summary

4 Premium Insights

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

7 NFC Market, By Device Operating Mode

8 NFC Market, By Product and 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

11 Competitive Landscape

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

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