Research and Markets has announced the addition of the "Global
Near Field Communication (NFC) Market (2016-2022)" report to
This technology is primarily used in smartphones, laptops, and tablets
for short range data exchange (up to 10 cm or less). Increasing
smartphone penetration, convenient sharing and security of information
and growing contactless/mobile payments application are acting as the
major growth drivers for the market. Products with NFC technology are
costlier than Bluetooth and other radio frequency identification (RFID)
technology products. Thus, high price has been observed as one of the
restraints for the global NFC market.
Based on the product type, the global NFC market is segmented into
auxiliary and non-auxiliary NFC type. Auxiliary NFC products are
subdivided into NFC based sim card and others (NFC card, NFC Cover).
Non-auxiliary type is sub-segmented into NFC Chips, NFC Tags and NFC
Reader. NFC reader garnered maximum revenue in 2014.
The global NFC market, based on device type, is segmented across
smartphone & tablets, pc & laptops and other devices (Infotainment,
headsets). Further, the market covers different NFC applications that
include mobile/contactless payment, information sharing, user
authentication & access control, healthcare, and others (service
initiation, ticketing, advertising/marketing, and inventory management).
Among all these applications, mobile/contactless payment is the most
popular application segment that has contributed maximum revenue in 2014
of the total market; whereas, healthcare and others would be the most
lucrative applications, growing with a CAGR of 45.6% and 43.4%
Based on region, NFC market is segmented into North America, Europe,
Asia-Pacific and Latin America, and Middle East & Africa. North America
remained the dominant region in the global NFC market in 2014.
Key companies profiled in the report include
- Infineon Technologies AG
- Apple Inc.
- Sony Corporation
- Toshiba Corporation
- NXP Semiconductors N.V.
- Texas Instruments Incorporated
- STMicroelectronics N.V.
- Broadcom Limited
- INSIDE Secure
- SAMSUNG Electronics Co. Ltd
For more information visit http://www.researchandmarkets.com/research/kkmfhb/global_near_field
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