Near Field Communications Market to Reflect Impressive Growth Rate of 17.5% by 2023 | Top Key Vendors – Qualcomm, Sony, Texas Instruments, Impak Health Nedap, Gentag, Omron Healthcare, Qolpac, A&D Company

Marketprognosis.com Publish a New Market Research Report On “Global Near Field Communications (NFC) Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Near Field Communications (NFC) Market:

The Global Near Field Communications (NFC) Market is expected to register a CAGR of 17.5% during the forecast period, 2018 to 2023. North America dominates the market due to the increased volume of mobile/contactless payments and increasing demand for home based monitoring.

Near Field Communications is a short-range, low-power communications protocol between two devices. One device, the initiator, uses magnetic induction to create a radio-wave field that the target can detect and access, allowing small amounts of data to be transferred wirelessly over a relatively short distance. NFC is now gaining traction in the healthcare industry, and has caught the eye of various medical device manufacturers for use in their products.

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Driving the push toward utilizing smartphones in healthcare settings, is the refinement of NFC. NFC is a short-range, wireless connection standard that allows devices to communicate when they’re simply brought within a few inches of each other. NFC is an extremely simple and convenient technology, as data exchange can be done by just bringing two NFC enabled devices together. NFC-assisted mobile health monitoring, which applies to the prevailing mobile communication methods and cloud, to provide feedback decision support, has been considered a revolutionary approach to improving the quality of healthcare service, while lowering healthcare cost. Rise in near field communication enabled communication systems which is the innovative technology that makes secure transactions and exchanged digital content by mobile.

Near field communication is one of the highest-growing healthcare-related services, the usage is limited to device-device pairing, especially in portable imaging devices, and is not efficient enough for huge data transfer. Since the data transfer speed is low, the usage of this technology is not applicable to media streaming applications in healthcare, such as, tomographic imaging, digital pathology, etc. This disadvantage with the technology is one of the major restraints for its growth in the market. Although, security level increases with the technology, the short-range is limited to 10 cm, which is also a major drawback.

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Near field communications in healthcare market, is segmented on the basis of operating mode, application, and by end-user. By operating mode, it is segmented into u2013 reader/ writer mode, card emulation mode and peer-to-peer mode. By application it is segmented into u2013 medical devices, payment, identity and access tokens, and social networking. By end-user it is segmented into u2013healthcare organizations, pharmaceuticals, biotechnology and others. By geography it is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa and South America.

Major Key Players:

1 Qualcomm

2 Sony

3 Texas Instruments

4 Impak Health Nedap

5 Gentag

6 Omron Healthcare

7 Qolpac

8 A&D Company

9 NXP Semiconductors

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Near Field Communications (NFC) Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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