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Near Field Communication (NFC) Market 2019 Global Industry Technology, Trend, Key Players (NXP Semiconductors, Infineon Technologies, Gemalto, Sony, STMicroelectronics, Texas Instruments, Huawei Technologies) and Forecast Report 2023

03-11-2019 07:22 AM CET | IT, New Media & Software

Press release from: Orian Research

Near Field Communication (NFC) Market

Near Field Communication (NFC) Market

Near Field Communication (NFC) Market studies a short-range communication technology that enables data transfer between two NFC-enabled devices. NFC-enabled devices can act as electronic identity documents and keycards. NFC is used for social networking, for sharing contacts, photos, videos or files.

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This report studies the Near Field Communication (NFC) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Near Field Communication (NFC) market by product type and applications/end industries.

Growing popularity of mobile devices and the increasing number of online consumers is expected to drive the demand for m-commerce. The near field communication technology is extensively used in pay terminals using mobile devices.

The near field communication cover is considered as an accessory for converting smartphones into NFC-enabled smartphones. The technology is yet to be deployed in the emerging regions and has penetrated in developed countries such as the U.S., Canada, and the UK. The flexibility of the product for converting the devices to NFC-enabled is expected to lead the growth.

Global Near Field Communication (NFC) Market is spread across 116 pages, profiling 14 top companies and supported with tables and figures.

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Near Field Communication (NFC) Industry Segment by Manufacturers:
• NXP Semiconductors, Infineon Technologies, Gemalto, Sony, STMicroelectronics, Texas Instruments, Huawei Technologies, Mediatek, DeviceFidelity, Visa, Broadcom, Toshiba, Samsung and Identive

Asia Pacific is expected to witness high growth due to growing adoption of this technology in retail and transportation. Financial institutions as well as Mobile Network Operators (MNOs) have supported contactless payment facilities. Increasing use of smartphones for transaction at point of sale (POS) terminals is expected to drive the market in North America.

The global Near Field Communication (NFC) market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Near Field Communication (NFC).

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Market Segment by Types can be divided into:
• NFC enabled Mobile sim
• NFC cover

Market Segment by Applications can be divided into:
• Payment
• Transportation
• Booking
• Data Sharing
• Service
• Access Control
• Healthcare
• Others

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

Contact Us:
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US +1 (415) 830-3727 | UK +44 020 8144-71-27
Email: info@orianresearch.com
Website: www.orianresearch.com/
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