Near Field Communication (NFC) Market Segmentation, Share To 2020: Grand View Research, Inc.

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Global Near Field Communication (NFC) Market Is
Expected To Be Driven By Growing Adoption of
NFC-Enabled Smartphones

• Grand View Research has announced the addition of
  "Global Near Field Communication (NFC) Market
  Analysis And Segment Forecasts To 2020" Market
  Research report to their Database

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• The NFC market is expected to witness rapid
  growth across various application verticals over
  the forecast period, according to a new study by
  Grand View Research, Inc. Rapid technological
  advancement and high smartphone demand due to
  technology standardization is expected to
  positively impact market growth. Demand for cost
  effectiveness along with increasing availability
  of NFC-enabled smartphones is also a major market
  driver. In addition, the market provides
  opportunities to the direct mail marketing
  sector, which in turn may drive m-commerce and
  mobile payment options.
• NFC is integrated in a wide range of equipment
  and devices including tablets, laptops, cameras,
  headsets, televisions, cookers, washing machines,
  cars and vending machines. In addition to
  industrial and commercial applications, this
  technology is preferred for financial
  transactions. High development cost, poor
  infrastructure coupled with lack of consumer
  awareness about potential benefits may hamper
  market growth over the next six years.
  Transformation in transaction process methods
  along with social media engagement applications
  are expected to offer growth avenues for the
  global NFC market.
•  To request a sample copy or view summary of
  this report, click the link below
  http//www.grandviewresearch.com/industry-analysi
  s/near-field-communication-nfc-market

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• Further key findings from the study suggest
• The NFC market comprises non-auxiliary and
  auxiliary products. Non-auxiliary segment
  includes readers, tags and IC/chips, while
  auxiliary products include NFC-enabled covers,
  SIMs and microSD cards. NFC readers are expected
  to witness high growth over the forecast period,
  which is a result of growing application areas
  and demand for ticketing, access control and
  authentication.
• Mobile payment application is expected to remain
  the dominant market segment over the next six
  years. This can be attributed to benefits such as
  improved financial transparency, improved public
  sector servicing and reduced carbon footprint. In
  addition, emergence of mobile wallet payment
  methods has enhanced user experience against
  contactless cards.
• 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.
• Key companies operating in the NFC market include
  Nexperts, Infineon Technologies, Gemalto,
  Renesas, Sony Corporation, STMicroelectronics and
  Texas Instruments. Rising emphasis on vertical
  integration activities in order to obtain greater
  product reliability and optimized manufacturing
  throughput is estimated to be the major growth
  strategy.
• For More http//www.grandviewresearch.com/industry
  -analysis/near-field-communication-nfc-market

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• Request free sample of this Report _at_
  http//www.grandviewresearch.com/industry-analysis
  /near-field-communication-nfc-market/request
• For the purpose of this study, Grand View
  Research has segmented the global NFC market on
  the basis of product, application and region
• NFC Product Outlook (Volume, Million Units
  Revenue, USD Million 2012 2020)   
  Auxiliary    Non-Auxiliary             NFC
  IC (Chips)             NFC Tags            
  NFC ReadersNFC Application Outlook (Volume,
  Million Units Revenue, USD Million 2012
  2020)     Payment     Transportation    
  Booking     Data Sharing     Service    
  Access Control     Healthcare     OthersNFC
  Regional Outlook (Volume, Million Units
  Revenue, USD Million 2012 2020)     North
  America     Europe     Asia Pacific     RoW

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• About Grand View Research
• Grand View Research, Inc. is a market research
  and consulting company that provides
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  energy. With a deep-seated understanding of
  varied business environments, Grand View Research
  provides strategic objective insights. For more
  information, visit http//www.grandviewresearch.co
  m/
•  
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• Corporate Sales Specialist, USA
• Grand View Research, Inc
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