Near Field Communication Market 2020 Emerging Trends, Business Growth, Services, Solutions and Regional Outlook 2025 - PowerPoint PPT Presentation

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Near Field Communication Market 2020 Emerging Trends, Business Growth, Services, Solutions and Regional Outlook 2025


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Title: Near Field Communication Market 2020 Emerging Trends, Business Growth, Services, Solutions and Regional Outlook 2025

Global Near Field Communication (NFC) Market
  • Dynamics, Application Share, Growth, Vendor
    Competition, Trends and Forecast 2018-2025

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Global Near Field Communication (NFC) Market
Size, Forecast 2025
  • The Global Near Field Communication (NFC) market
    will grow to USD XXXX billion at a CAGR of XX
    during the forecast period. The increasing trend
    of usage of smart devices, mobile commerce and
    production growth of NFC enabled devices are some
    major reasons for the near field communication
    (nfc) market growth.
  • Near field communication (NFC) is a type of
    wireless communication technology. It is a
    short-range communication method that enables
    users to share information or data. NFC is an
    effective substitute to other modes of
    communications like Wi-Fi and Bluetooth. By
    touching both the devices simultaneously by
    bringing them near to each other, the radio
    communication is established. This technology is
    commonly used for laptops, smart phones and other
    similar devices.
  • The increased demand for cashless transactions
    over the world is major driving factor of near
    field communication (nfc) market growth. There is
    a great demand for multi-tasking electronic
    devices over the world. Hence, the companies
    working in consumer electronics sector are
    working to include NFC technology in the devices
    developed by them.
  • Major reasons for the growth of global near field
    communication (NFC) market are, with use of NFC
    data transfer is secure and convenient.
    Furthermore, the growing popularity and usage of
    smart phones, contactless payments is another
    contributing factor. The restraining factors are
    high cost of installation of NFC compatible
    devices and security concerns of the
  • The main players in NFC market share are Broadcom
    Corporation (U.S.), NXP Semiconductors
    (Netherland), STMicroelectronics NV
    (Switzerland), Renesas Electronics Corporation
    (Japan), MediaTek, Inc. (Taiwan), Gemalto NV
    (Netherlands), and others.

Global Near Field Communication (NFC) Market
Size, Forecast 2025
  • NFC is widely used in companies as a secure
    method for transferring and sharing of documents,
    secured data and files. Furthermore, when
    processing payments, the bank/card details are
    safe in the mobile phone in a secure environment.
    This is in the form of Subscriber Identity
    Module, secured digital card, working on the
    principal that the hardware encryption works only
    when in close range of the point of sales. NFC
    transaction requires PIN and does not give
    physical access of your card information to the
    shopkeeper. NFC is very appropriate as it is easy
    to use and NFC enabled devices that can be taken
    along with you.
  • NFC market share is segmented by applications,
    product types and regions. On the basis of
    applications Mobile/Contact less payment, User
    authentication and access control, Information
    sharing and monitoring healthcare system. Based
    on device type Smartphones Tablets, Pcs and
    laptops and others (Infotainment and stereo
    headphone). On the basis of product type it is
    classified as Non-auxiliary products, NFC
    Readers, NFC Tags, NFC Chip and many others.
    Based on region division is done as North
    America, Europe, Asia-Pacific and Latin America
    and Middle East and Africa. Asia-Pacific
    contributes the maximum in NFC market share
    demand, especially from India, China and Japan.
    North America is going to lead the market during
    the forecast period due to its increased usage of
    mobile payments. Furthermore, Asia-Pacific is
    going to be the fastest growing regions among all
    the other regions.
  • Browse the complete report on _at_

The various segments of near field communication
(nfc) market are,
  • By Type
  • Non-auxiliary products
  • NFC Readers
  • Auxiliary products
  • NFC Chip
  • NFC Tags
  • NFC enabled Mobile sim
  • By Devices
  • Smartphone Tablets
  • PCs Laptops
  • By Application
  • Mobile/Contactless payment
  • User authentication Access control
  • Monitoring Healthcare system
  • Information sharing

Global Near Field Communication (NFC) Market
Size, Forecast 2025
  • By Region
  • North America (NA)
  • Europe (EU)
  • Asia Pacific
  • Purchase a single user copy of the global Near
    Field Communication (NFC) Market report_at_

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  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
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