HOME Top Market Reports Near Field Communication (NFC) Market by Product (IC/Chips, Tags, Readers, and Auxiliary), Application (Payment, Transportation, Booking, Data Sharing, Service, Access Control, Health Care, and Tag applications) & by Geography - Global Forecasts to 2022

Near Field Communication (NFC) Market by Product (IC/Chips, Tags, Readers, and Auxiliary), Application (Payment, Transportation, Booking, Data Sharing, Service, Access Control, Health Care, and Tag applications) & by Geography - Global Forecasts to 2022

By: marketsandmarkets.com
Publishing Date: June 2014
Report Code: SE 2555

 

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Near Field Communication (NFC) is a short range contactless communication medium between devices that can transmit and receive information. NFC technology is growing in the market as many smartphone manufacturers are integrating NFC service in their device for faster communication. A wide range of applications include payment, booking, and data sharing has made this technology attractive and enhanced the scope of implementation of this feature in many devices.

It is important to recognize the role played by NFC as a growing technology.  The most obvious benefit of NFC and the contactless payment systems it creates is its ease of use. NFC has enabled the facility of not carrying multiple cards and money for making payments, just a tap to run all the transactions. The most important aspect of this technology is its versatility as it is not only used for making payments but also for data sharing, reading information from smart posters, and providing authentication wherever required.

The report has been segmented in three verticals- products, applications and geography. The product segment caters chips, tags, readers, and auxiliary products, which include micro SD card, integrated SIM card, and mobile covers. The application segment is divided into eight major types of applications, namely- payment, transportation, booking, data sharing, service, access control, healthcare, and tag applications. The geography segment includes Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (ROW).

This supply chain is of critical importance to the industry. Indeed, it is well-known that SMEs, alongside academia, generate a large proportion of novel innovative technologies. The major players in this field include Broadcom (U.S.), Inside Secure (France), Infineon Technologies (Germany), Gemalto (Netherlands), NXP Semiconductors (Netherlands), Renesas (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), STMicroelectronics (U.S.), Texas Instruments (U.S.).

This report is focused on giving a detailed view of the complete NFC technology with regards to the products and application market with detailed market segmentations; combined with qualitative analysis at each and every aspect of the classifications done by technology, products, auxiliary products application verticals (sectors), sub- applications, and geography. All the numbers, both –in terms of the revenue and volume, at every level of detail, are forecast till 2022 to give a glimpse of the potential revenue base in the NFC market. A detailed competitive analysis, market share analysis has been done for the NFC market.

In this report, the NFC market has been segmented into the following categories:

• Market by Product- Chips, tags, micro SD Card, integrated SIM card, readers, and covers

•Market by Application- Payment, transportation, booking, data sharing, service, access control, and tag applications

• Market by Geography- Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (ROW)

Table Of Contents 
 
1 Introduction (Page No. - 22)
  1.1 Objectives Of The Study
  1.2 Report Description
  1.3 Markets Covered
      1.3.1 Monetary Chain
  1.4 Stakeholders
  1.5 Report Assumptions
      1.5.1 General Assumptions
      1.5.2 Year-Wise & Forecast Assumptions
  1.6 Research Methodology
      1.6.1 Market Size
      1.6.2 Market Crack Down And Data Triangulation
      1.6.3 Key Data  From Secondary Sources
      1.6.4 Key Data From Primary Sources
      1.6.5 List Of Companies Covered During The Report

2 Executive Summary (Page No. - 34)
  2.1 Introduction
  2.2 Synopsis

3 Market Overview (Page No. - 41)
  3.1 Evolution Of Nfc System
  3.2 Nfc Market Segmentation
  3.3 Industry Lifecycle
  3.4 Price Trends In Nfc Market
  3.5 Comparision Of Nfc With Other Wireless Technologies
      3.5.1 Bluetooth
      3.5.2 Wifi
      3.5.3 Wimax
      3.5.4 Gsm
  3.6 Nfc Standards
  3.7 Nfc Usage
      3.7.1 Gsma
      3.7.2 Store Logistics And Payment (Stolpan)
  3.8 Emerging Trends In Near Field Communication Market

4 Market Analysis (Page No. - 60)
  4.1 Market Dynamics
      4.1.1 Drivers
            4.1.1.1 Adoption Of Smart Homes Appliances And Smart Healthcare Services
            4.1.1.2 Growing Trend Of Mobile Commerce
            4.1.1.3 Enhanced User Experience And Trust Amongst Contactless Card Technologies
            4.1.1.4 Growth In Production Of Nfc-Enabled Mobile Phones
            4.1.1.5 Use Of Cost Effective, Smaller Size, And Power Efficient Element (Silicon) In Chips
      4.1.2 Restraints
            4.1.2.1 Short Range Communication
            4.1.2.2 Indifference And Disputes Between Key Players In The Value Chain
            4.1.2.3 Only Proprietary Standards
      4.1.3 Opportunities
            4.1.3.1 Integrated Ic Supporting Nfc, Bluetooth, And Wi-Fi
            4.1.3.2 Online And In-Store Payment In Retail
            4.1.3.3 Growing Need Of Connectivity Between Different Devices
      4.1.4 Burning Issue
            4.1.4.1 Lack Of Consumer Awareness
            4.1.4.2 Need Of Intermediaries Gateway For Mobile Payment (Not An End-To-End Technology)
      4.1.5 Winning Imperatives
            4.1.5.1 Innovation In Payment Methods In Emerging Economies
            4.1.5.2 Strategic Coalition Across Value Chain
  4.2 Porter’s Five Forces Model
      4.2.1 Threat Of New Entrants
      4.2.2 Threat Of Substitutes
      4.2.3 Supplier's Bargaining Power
      4.2.4 Buyer's Bargaining Power
      4.2.5 Degree Of Competition
  4.3 Value Chain Analysis
      4.3.1 Nfc Equipment
      4.3.2 Mobile Phone (Smartphone)
      4.3.3 Telecom Operator
      4.3.4 Mobile Payment Gateway/Trusted Service Managers
      4.3.5 Bank/Credit Card (Company)

5 Technology (Page No. - 83)
  5.1 Introduction
  5.2 Modes Of Operation In Nfc
      5.2.1 Card Emulation
      5.2.2 Reader Emulation
      5.2.3 Peer-To-Peer

6 Products Market (Page No. - 92)
  6.1 Introduction
  6.2 Nfc Ic/Chips
  6.3 Nfc Tags
  6.4 Nfc Readers
  6.5 Auxiliary Products
      6.5.1 Nfc Micro Sd Cards
      6.5.2 Nfc Sim/Uicc Cards
      6.5.3 Nfc Covers

7 Applications Market (Page No. - 119)
  7.1 Introduction
  7.2 Payment (Transaction)
      7.2.1 Market Dynamics
            7.2.1.1 Drivers
                    7.2.1.1.1 Need Of Quick And Error Free Operation In Business
                    7.2.1.1.2 Secure Money Transaction In Business
                    7.2.1.1.3 Reduced Time Consumption
                    7.2.1.1.4 Consumer Acceptance
            7.2.1.2 Restraints
                    7.2.1.2.1 Consumer Ignorance And Indifference Regarding The Nfc Technology
                    7.2.1.2.2 Underdeveloped  Point Of Sales (Pos) Infrastructure
                    7.2.1.2.3 Lack Of Deployment Of Pos Infrastructure
            7.2.1.3 Opportunities
                    7.2.1.3.1 Growth In The Retail Sector
                    7.2.1.3.2 Adoption Of Nfc Technology In Pc/Laptop Market
            7.2.2 Peer-To-Peer
      7.2.3 Retail
            7.2.3.1 Mobile Commerce/Online Payment/Banking
            7.2.3.2 Point Of Sale
  7.3 Transportation
      7.3.1 Market Dynamics
            7.3.1.1 Drivers
                    7.3.1.1.1 Growing Trend Of Cashless Payment
                    7.3.1.1.2 Very Reliable Technology
            7.3.1.2 Restraints
                    7.3.1.2.1 Uncertainty Regarding The Proper Usage Of The Technology
            7.3.1.3 Opportunities
                    7.3.1.3.1 Growing Air-Traffic And Usage Of E-Ticket
      7.3.2 Rail, Metro, And Bus Tickets
      7.3.3 Airline Tickets & Boarding Passes
            7.3.3.1 Passenger Check-In
            7.3.3.2 Baggage Check-In
            7.2.3.2 Point Of Sale
  7.4 Booking
      7.4.1 Market Dynamics
            7.4.1.1 Drivers
                    7.4.1.1.1 Replacement Of Old Technology
            7.4.1.2 Restraints
                    7.4.1.2.1 Secure Data Transfer
           7.4.1.3 Opportunities
                   7.4.1.3.1 Utilization Of Nfc In The Healthcare Segment
      7.4.2 Taxi/Cab
      7.4.3 Hotel
      7.4.4 Entertainment & Events
            7.2.3.2 Point Of Sale
  7.5 Data Sharing
      7.5.1 Market Dynamics
            7.5.1.1 Drivers
                    7.5.1.1.1 Growing Trend Of Social Networking
                    7.5.1.1.2 Selective Branding Only For Potential Customers
            7.5.1.2 Restraints
                    7.5.1.2.1 Limited Storage Capacity In Nfc Tags
      7.5.2 Social Networking
      7.5.3 Download/Sharing (Music, Games, And Applications)
            7.2.3.2 Point Of Sale
  7.6 Service
      7.6.1 Market Dynamics
            7.6.1.1 Drivers
                    7.6.1.1.1 Spontaneous Buying Nature Of Customers
            7.6.1.2 Restraints
                    7.6.1.2.1 Safety Of Smart Posters
      7.6.2 Identification
      7.6.3 Loyalty – Memberships
      7.6.4 Smart Advertisement/Smart Posters
            7.2.3.2 Point Of Sale
  7.7 Access Control
      7.7.1 Market Dynamics
            7.7.1.1 Drivers
                    7.7.1.1.1 Acceptance Of Keyless Access
            7.7.1.2 Restraints
                    7.7.1.2.1 Lack Of Trust Regarding Technology Among The Users
      7.7.2 Physical Access
      7.7.3 Time & Attendance
            7.2.3.2 Point Of Sale
  7.8 Nfc In Healthcare
      7.8.1 Market Dynamics
            7.8.1.1 Drivers
                    7.8.1.1.1 Rising Number Of Players In Nfc Healthcare Space
                    7.8.1.1.2 Increasing Shipments Of Nfc-Enabled Smart Phones
                    7.8.1.1.3 Government Support For Implementation Of Nfc
            7.8.1.2 Restraints
                    7.8.1.2.1 Short Data Transmission Range And Low Operational Speed
            7.8.1.2.2 Limited Awareness Of Nfc
7.8.1.3 Opportunities
            7.8.1.3.1 Privacy And Data Security
            7.8.1.3.2 Enhanced Remote Monitoring Capabilities
      7.8.2 Pharmaceuticals & Biotech
      7.8.3 Medical Devices
            7.8.3.1 Patient Monitoring
            7.8.3.2 Medical Imaging
            7.8.3.3 Medical Implants
      7.8.4 Hospitals
            7.2.3.2 Point Of Sale
  7.9 Nfc Tag Applications
      7.9.1 Nfc Tag Types
      7.9.2 Market Dynamics
            7.9.2.1 Drivers
                    7.9.2.1.1 Easy To Use
                    7.9.2.1.2 To Facilitate Easy Way Of Communication
                    7.9.2.1.3 Best Customer Satisfaction
            7.9.2.2 Restraints
                    7.9.2.2.1 Security To Smart Poster Tag Located In Public Places
                    7.9.2.2.2 Environmental Malicious Threats
            7.9.2.3 Opportunities
                    7.9.2.3.1 At Airports For Efficient Handling Of  Baggage
                    7.9.2.3.2 Control Of Home Automation System With Nfc Tags
      7.9.3 Nfc Tag Applications
      7.9.4 Non-Payment
      7.9.5 Infotainment
      7.9.6 Smart Advertisement
      7.9.7 Check-In (Access Control/Physical Access)

8 Geographic Analysis (Page No. - 182)
  8.1 Introduction
  8.2 Americas
      8.2.1 North America
            8.2.1.1 U.S.
            8.2.1.2 Canada
            8.2.1.3 Mexico
      8.2.2 South America
  8.3 Europe
      8.3.1 U.K.
      8.3.2 Germany
      8.3.3 France
      8.3.4 Italy
      8.3.5 Rest Of Europe
  8.4 Asia-Pacific
      8.4.1 Japan
      8.4.2 South Korea
      8.4.3 China
      8.4.4 India
  8.5 Rest Of The World

9 Competitive Landscape (Page No. - 214)
  9.1 Introduction
  9.2 Key Growth Strategies
  9.3 Market Share Analysis Of Nfc Market
  9.4 New Product Development
  9.5 Partnership/Contract/Agreement And Joint-Ventures
  9.6 Mergers And Acquisition
  9.7 Other Startegies

10 Company Profiles (Page No. - 218)
   10.1 Broadcom Corp
        10.1.1 Company Snapshot
        10.1.2 Products & Services
        10.1.3 Developments
        10.1.4 Swot Analysis
        10.1.5 Mnm View
   10.2 Gemalto NV
        10.2.1 Company Snapshot
        10.2.2 Products & Services
        10.2.3 Developments
        10.2.4 Mnm View
   10.3 Infineon Technologies Ag
        10.3.1 Company Snapshot
        10.3.2 Products & Services
        10.3.3 Recent Developments
        10.3.4 Mnm View
   10.4 Inside Secure
        10.4.1 Company Snapshot
        10.4.2 Products & Services
        10.4.3 Recent Developments
        10.4.4 Mnm View
   10.5 Mediatek Inc.
        10.5.1 Company Snapshot
        10.5.2 Products & Services
        10.5.3 Recent Developments
        10.5.4 Swot Analysis
        10.5.5 Mnm View
   10.6 Nxp Semiconductors
        10.6.1 Company Snapshot
        10.6.2 Products & Services
        10.6.3 Developments
        10.6.4 Swot Analysis
        10.6.5 Mnm View
   10.7 Renesas Electronics Corp.
        10.7.1 Company Snapshot
        10.7.2 Products & Services
        10.7.3 Developments
        10.7.4 Swot Analysis
        10.7.5 Mnm View
   10.8 Samsung Electronics Co., Ltd.
        10.8.1 Company Snapshot
        10.8.2 Products & Services
        10.8.3 Recent Developments
        10.8.4 Mnm View
   10.9 St Microelectronics N.V
        10.9.1 Company Snapshot
        10.9.2 Products & Services
        10.9.3 Developments
        10.9.4 Swot Analysis
        10.9.5 Mnm View
   10.1 Texas Instruments
        10.10.1 Company Snapshot
        10.10.2 Products & Services
        10.10.3 Developments
        10.10.4 Swot Analysis
        10.10.5 Mnm View
 
 
List Of Tables  (70 Tables)    
  
Table 1 General Assumptions Considered In This Report
Table 2 Year-Wise & Forecast Assumptions For Nfc Market
Table 3 Base Year Assumptions
Table 4 Elite Players Covered During The Study
Table 5 Nfc Market Size, By Products Type, 2013–2022 ($Million)
Table 6 Nfc Market Size, By Application, 2013–2022 ($Million)
Table 7 Nfc Market Size, By End-Products Type, 2013–2022 ($Million)
Table 8 Global Nfc Market Value, By Geography, 2013–2022 ($Million)
Table 9 Wireless Communication Technology Comparison Table
Table 10 Wireless Communication Operational Comparison Table
Table 11 Comparison Of Various Nfc Standards
Table 12 Global Nfc Market Value, By Technical Modes, 2013–2022 ($Million)
Table 13 Nfc Card Emulation Market Value, By Products, 2013 – 2022 ($Million)
Table 14 Nfc Reader Emulation Market Value, By Products, 2013 – 2022 ($Million)
Table 15 Nfc Peer-To-Peer Market Value, By Geography 2013–2022 ($Million)
Table 16 Global Nfc Market Value, By Products, 2013–2022 ($Million)
Table 17 Nfc Ic/Chip Market Value,  By Technical Modes, 2013–2022 ($Million)
Table 18 Nfc Chip/Ic Market Value, By Application, 2013–2022 ($Million)
Table 19 Nfc Chip/Ic Market Value, By Geography, 2013–2022 ($Million)
Table 20 Nfc Tag Market Value,  By Application, 2013–2022 ($Million)
Table 21 Nfc Tag Market Value, By Geography 2013–2022 ($Million)
Table 22 Nfc Reader Market Value, By Application, 2013–2022 ($Million)
Table 23 Nfc Reader Market Value, By Geography, 2013–2022 ($Million)
Table 24 Nfc Micro Sd Market Value,  By Technical Modes, 2013–2022 ($Million)
Table 25 Nfc Micro Sd Market Value,  By Application, 2013–2022 ($Million)
Table 26 Nfc Micro Sd Market Value,  By Geography, 2013–2022 ($Million)
Table 27 Nfc Sim Market Value, By Technical Modes, 2013–2022 ($Million)
Table 28 Nfc Sim Market Value,  By Application, 2013–2022 ($Million)
Table 29 Nfc Sim Market Value,  By Geography, 2013–2022 ($Million)
Table 30 Nfc Cover Market Value,  By Technical Modes, 2013–2022 ($Million)
Table 31 Nfc Cover Market Value, By Application, 2013–2022 ($Million)
Table 32 Nfc Cover Market Value,  By Geography, 2013–2022 ($Million)
Table 33 Nfc Payment (Transaction) Application Market Value , By Products, 2013–2022 ($Million)
Table 34 Nfc Payment (Transaction) Application Market Value , By Geography, 2013–2022 ($Million)
Table 35 Nfc Transportation/Logistics Application Market Value, By Products, 2013–2022 ($Million)
Table 36 Nfc Transportation/Logistics Application Market Value, By Geography, 2013–2022 ($Million)
Table 37 Nfc Booking Application Market Value, By Products, 2013–2022 ($Million)
Table 38 Nfc Booking Application Market Value, By Geography, 2013–2022 ($Million)
Table 39 Nfc Service Applications Market Value, By Products, 2013–2022 ($Million)
Table 40 Nfc Service Applications Market Value, By Geography, 2013–2022 ($Million)
Table 41 Nfc Access Control Applications Market Value , By Products, 2013–2022 ($Million)
Table 42 Nfc Access Control Applications Market Value , By Geography, 2013–2022 ($Million)
Table 43 Nfc Devices Description Used In Hospitals
Table 44 Nfc Healthcare Applications Market Value, By Products, 2013–2022 ($Million)
Table 45 Nfc Healthcare Applications Market Value, By Geography, 2013–2022 ($Million)
Table 46 Nfc Tag: Non-Payment Application Market Value, By Geography, 2013–2022 ($Million)
Table 47 Nfc Tag: Infotainment Application Market Value, By Geography, 2013–2022 ($Million)
Table 48 Nfc Tag: Smart Poster Application Market Value, By Geography, 2013–2022 ($Million)
Table 49 Nfc Tag: Check–In Application Market Value, By Geography, 2013–2022 ($Million)
Table 50 Americas: Nfc Market Value , By Geography, 2013 – 2022 ($Million)
Table 51 Americas: Nfc Market Value, By Products, 2013 – 2022 ($Million)
Table 52 Americas: Nfc  Market Value , By Applications, 2013 – 2022 ($Million)
Table 53 Americas Nfc Tag Market Value , By Applications, 2013 – 2022 ($Million)
Table 54 North America: Nfc Products Market Value , By Country 2013 – 2022 ($Million)
Table 55 North America: Nfc Market Value , By Products, 2013 – 2022 ($Million)
Table 56 North America: Nfc  Market Value , By Applications, 2013 – 2022 ($Million)
Table 57 South America: Nfc Market Value , By Products, 2013 – 2022 ($Million)
Table 58 South America: Nfc  Market Value , By Applications, 2013 – 2022 ($Million)
Table 59 Europe: Nfc Market Value , By Country, 2013 – 2022 ($Million)
Table 60 Europe: Nfc Market Value , By Products, 2013 – 2022 ($Million)
Table 61 Europe: Nfc  Market Value , By Applications, 2013 – 2022 ($Million)
Table 62 Europe Nfc Tag Market Value , By Applications, 2013 – 2022 ($Million)
Table 63 Apac: Nfc Market Value , By Country, 2013 – 2022 ($Million)
Table 64 Apac: Nfc Market Size , By Products, 2013 – 2022 ($Million)
Table 65 Apac: Nfc  Market Value , By Applications, 2013 – 2022 ($Million)
Table 66 Row: Nfc Market Value , By Products, 2013 – 2022 ($Million)
Table 67 Row: Nfc  Market Value , By Applications, 2013 – 2022 ($Million)
Table 68 New Product Development Strategy In Nfc Market
Table 69 Mergers And Acquisitions In Nfc Market
Table 70 Other Strategies In The Nfc Market  
 
List Of Figures (105 Figures)   
 
Figure 1 Market Segmentation Of Nfc
Figure 2 Nfc Industry Monetary Chain
Figure 3 Research Methodology  For Nfc Market
Figure 4 Market Size Estimation Methodology
Figure 5 Market Crackdown And Data Triangulation For Nfc Market
Figure 6 Evolution Of Nfc Technology
Figure 7 Nfc Market Segmentation
Figure 8 Nfc Market Segmentation, By Product
Figure 9 Nfc Market Segmentation, By Application
Figure 10 Nfc Market Segmentation, By Technology
Figure 11 Nfc Market Segmentation, By Geography
Figure 12 Nfc Industry Lifecycle, 2009 - 2022
Figure 13 Price Trend For Nfc Products, 2010 – 2016
Figure 14 Comparison Of Coverage Area For Different Wireless Communication Technologies
Figure 15 Nfc Standards
Figure 16 Impact Analysis
Figure 17 Impact Analysis
Figure 18 Nfc Standards Relationship Matrix
Figure 19 Impact Analysis
Figure 20 Nfc Mobile Payment System
Figure 21 Nfc Data Transfer System
Figure 22  Inside Secure, Intel, & Mastercard Alliance
Figure 23 Stakeholder’s Structure, Isis Mobile Wallet
Figure 24 Porter’s Five Forces Model Analysis For Nfc Market - 2013
Figure 25 Threat Of New Entrants In The Nfc Market – 2013
Figure 26 Threat Of Substitutes In The Nfc Market – 2013
Figure 27 Supplier's Bargaining Power In The Nfc Market – 2013
Figure 28 Buyer's Bargaining Power In The Nfc Market – 2013
Figure 29 Degree Of Competition In The Nfc Market – 2013
Figure 30 Value Chain Of Nfc
Figure 31 Nfc Modes Of Operation
Figure 32 Nfc  Market  Segmentation, By Product
Figure 33 Comparison Of Various Contactless Payment Methods
Figure 34 Nfc Tag Communication Block Diagram
Figure 35 Market Potential Matrix Tag Applications Vs. Geography, 2013
Figure 36 Market Potential Matrix Tag Applications Vs. Geography, 2014
Figure 37 Near Field Communication Auxiliary Products
Figure 38 Nfc Enabled Sd Card Block Diagram
Figure 39 Expected Nfc Sd Cards Life Cycle
Figure 40 Global Nfc  Market Value,  By Applications, 2013–2022 ($Million)
Figure 41 Acceptance Of Mobile Payments In Americas And Europe
Figure 42 Acceptance Of Mobile Payments In Asia Pacific
Figure 43 Peer-To-Peer Payment System
Figure 44 Retail Payment
Figure 45 Mobile Payment Process Through Nfc
Figure 46 Operating System Of Point Of Sale
Figure 47 Nfc Transportation Application
Figure 48 Increase In Airline Passengers
Figure 49 Train Ticket Booking Procedure Through Nfc
Figure 50 Airline Ticket Booking Through Nfc
Figure 51 Booking Through Nfc Technology
Figure 52 Data Sharing
Figure 53 Process Flow Diagram For Accessing  Webpage Using Nfc
Figure 54 Data Sharing Application Of Nfc
Figure 55 Application Area Of Nfc In Service
Figure 56 Customer-Promoter Interaction Using Smart Posters
Figure 57 Nfc In Healthcare Segment, By Application
Figure 58 Global Nfc  Market Value,  By Tag Applications, 2013–2022 ($Million)
Figure 59 Nfc Tag Types
Figure 60 Nfc Tag Applications
Figure 61 Operation Of Nfc Smart Posters
Figure 62 Nfc Market Segmentation
Figure 63 Americas Segmentation, By Region
Figure 64 Europe Market Segmentation, By Country
Figure 65 Apac Market Segmentation, By Country
Figure 66 Key Growth Strategies Of Nfc Market
Figure 67 Nfc Market: Companies And  Their Market Share
Figure 68 Broadcom Subsidiaries
Figure 69 Broadcom Corporation : Company Snapshot
Figure 70 Broadcom Corporation: Products & Services
Figure 71 Business Segments Of Broadcom
Figure 72 Swot Analysis : Broadcom Corp
Figure 73 Gemalto N.V.: Company Snapshot
Figure 74 Product & Services Offered By Gemalto N.V.
Figure 75 Subsidiaries Of Infineon Technologies
Figure 76 Infineon: Company Snapshot
Figure 77 Infineon: Product Portfolio
Figure 78 Subsidiaries Of Inside Secure
Figure 79 Inside Secure: Company Snapshot
Figure 80 Inside Secure : Product Portfolio
Figure 81 Subsidiaries Of Mediatek
Figure 82 Mediatek Inc.: Company Snapshot
Figure 83 Mediatek Inc.: Product Portfolio
Figure 84 Mediatek Inc.: Swot Analysis
Figure 85 Subsidiaries Of Nxp Semiconductors
Figure 86 Nxp Semiconductors : Company Snapshot
Figure 87 Product & Services Offered, By Nxp Semiconductor
Figure 88 High Performance Mixed Signal Application
Figure 89 Nxp Semiconductors N.V.: Swot Analysis
Figure 90 Subsidiares Of Renesas Electronics
Figure 91 Renesas Electronics Corporation: Company Snapshot
Figure 92 Products & Services Of Renesas Electronics
Figure 93 Renesas Electronics: Swot Analysis
Figure 94 Subsidiaries Of Samsung Electronics
Figure 95 Samsung Electronics Co.: Company Snapshot
Figure 96 Samsung Electronics Co.: Products And Services
Figure 97 Subsidiaries Of Stmicroelecronics
Figure 98 Stmicroelectronics N.V.: Company Snapshot
Figure 99 Stmicroelectronics Nv: Products & Services
Figure 100 Stmicroelectronics Nv: Sense & Power And Automotive Products Segment
Figure 101 Stmicroelectronics Nv: Embedded Processing Segment
Figure 102 Stmicroelectronics Nv: Swot Analysis
Figure 103 Subsidaiaries Of Texas Instruments
Figure 104 Texas Instruments: Company Snapshot
Figure 105 Texas Instruments, Inc.: Swot Analysis

Near Field Communication (NFC) is considered as one of the most trend setting technologies owing to its presence, usage, and overlap with many other industry verticals. There is an extremely high surge in the market for NFC products and applications in which these products can be employed. NFC works with contactless smart cards and readers, and can be easily integrated into the public transit payment systems in places that use a smart card swipe. The benefits of NFC have impacted daily lives of consumers such as making contactless payment from their smartphones, ticket booking for transportation, and for providing medical professionals with information about what treatments a patient should receive.

The companies invest most of their revenues in R&D to make the concerned improvements in their technology. Also, the supply chain in this industry is a major supporting factor that has helped thistechnology to reach new heights. Many companies are taking initiatives to intensify their R&D practices, to implement advanced technology in smartphones and other wearable devices for fast and secure transactions, and communication between devices.

The NFC market is segmented based on Market by product, application, and geography. The market by product gives an in-depth analysis of IC/chips, tags, readers, micro SD cards, SIM cards, and mobile covers. The application segment is divided into eight major types, namely- payment, transportation, booking, data sharing, service, access control, healthcare, and tag applications. The market by application and geography are also discussed with a detailed explanation of each and every aspect related to it.

NFC market by geography is divided based on different geographic locations - Americas, Europe, APAC, and ROW. Americas is the largest market by geography due to the fact that the major part of the electronics and semiconductor industry is based in countries like U.S., Canada, and Mexico. There are many other companies that have their presence in this market.

Global NFC Market (2013-2022)

Near Field Communication Market

Source:MarketsandMarkets Analysis

The near field communication (NFC) market is expected to reach $16.25 billion by the end of 2022 at a CAGR of 8.83%.

The major players in this field include Broadcom (U.S.), Inside Secure (France),  Infineon Technologies (Germany), Gemalto (Netherlands), NXP Semiconductors (Netherlands), Renesas (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), STMicroelectronics (U.S.), and Texas Instruments (U.S.).

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