NFC Market

NFC Market with COVID-19 impact by Device operating mode (Reader emulation, Peer-To-Peer, and Card Emulation), Offering (Non-Auxiliary products, Auxiliary products, and Softwares), Application, and Region - Global Forecast to 2025

Report Code: SE 2555 Dec, 2020, by marketsandmarkets.com

[184 Pages Report] The NFC market is expected to grow from USD 18.0  billion in 2020 to USD 34.9 billion by 2025, at a CAGR of 14.2%.

The major factors driving the growth of the NFC market are the increasing trend of mobile commerce and growing adoption of the wearable technology. However, the issue of short-range communication is expected to restrain the growth of the market.

Near Field Communication Market

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Market Dynamics of Near Field Communication Market

Drivers: Increasing trend of mobile commerce

Mobile commerce is a rapidly expanding tech area that has witnessed unprecedented growth during the last decade. Nowadays, smartphone users use NFC technology to make payments. Moreover, with the products such as NFC enabling PoS systems, the mobile become an important means to transfer data. Various financial institutions are collaborating with mobile application developers to develop applications to enable consumers to carry out business transactions.

Growing adoption of wearable technology

Smart wearables and IoT devices are becoming increasingly popular by adding more functions, despite severe space and power limitations. When equipped with NFC capabilities, a wearable device allows payment at a store, accessing mass transport system or office building.

For instance, SECORA Connect, an Infineon’s brand portfolio, is a solution family addressing the rising popularity of smart wearables and IoT devices. It is a system solution designed for being embedded into smart wearables to provide contactless secured payment, transportation ticketing, and other applications via Near Field Communication (NFC).

Restraints: Issue of short-range communication

Near field communication is suitable only for short-range data transfer. For data transfer through NFC technology, the communicating devices must be in close range or should have a distance of 4cm or less between them for communication to take place. This is a major drawback of the NFC technology.

Its transmission frequency is 13.56 megahertz. Data can be sent at either 106, 212 or 424 kilobits per second, which is swift for a range of data transfers such as contact details to swapping pictures and music. Samsung Pay, Android Pay, and Apple Pay use NFC technology though Samsung Pay works has a different mechanism.

Security concerns related to NFC

NFC provides unreliable security against privacy protection for a device, which becomes vulnerable to inadvertent reception of malicious software or data. The NFC protocol has few safeguards against data sniffing and data modification. And since one of the most popular applications implementing this technology is ‘Contactless Payment System’, security is a significant concern. As NFC does not involve authentication, transfer of malware applications could also be a major threat to the user. Hence, a secure NFC application to implement the possible features of an NFC-enabled application securely is necessary to make the fullest use of this technology.

Competition from substitute payment methods

TouchBase is an NFC alternative that utilizes touchscreens. Like QR codes, this technology embeds digital codes in physical objects. These codes created via patterns of invisible capacitive ink, mimic finger touches when tapped on touchscreens. In the most obvious use case example, people could embed TouchBase’s technology in their business cards, which would evoke contact information when accessed. It’s also being used in payments, advertising, and ticketing.

Reader emulation is projected to witness highest CAGR for the forecast period

Reader emulation is projected to witness highest CAGR for the forecast period, as the majority of mobile phone and retail applications use NFC chip in reader emulation mode. There is high adoption of NFC-based mobile wallets, such as Goggle pay, Samsung pay, Apple Pay, and Android Pay, which are expected to witness the highest CAGR in the coming years, owing to the high demand originating from payments.

Non-Auxiliary products to account for largest share of NFC market during forecast period

Non-Auxiliary products held largest share of NFC market. Non-auxiliary NFC products are internal NFC-enabled accessories that which include NFC IC/Chips designed for smartphones to make contactless payments, access control, and secure paring with other NFC devices for data sharing. Higher adoption of NFC in smartphones has fueled thr growth of Non-Auxiliary products in the NFC market.

Banking & finance will have highest growth in coming years

Banking & finance is expected to witness highest CAGR in coming years. The near field communication technology uses current mobile technologies along with cloud and is considered a revolutionizing method in improving the banking infrastructure across the globe. Using mobile wallets is a more secure option than carrying physical cards. It’s because these digital e-wallet apps, such as Apple Pay, tokenize all the bank details into something that can’t be accessed or used by intruders. So, if the mobile phone gets stolen, all the credit cards and other valuable details stay protected.

APAC is attributed to hold largest share of the NFC market in coming year

APAC is attributed to hold largest share of the NFC market in coming year as it has some of the world’s fastest-growing and leading industrialized economies. It is witnessing dynamic changes in the adoption of new technologies and advancements in organizations across industries. Also, the mobile payments market is significantly growing in APAC countries such as South Korea, China, Japan, and India.

Near Field Communication Market by Region

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Key Market Players

The Near field communication market was dominated by NXP Semiconductors (The Netherlands), Broadcom (US), Qualcomm (US), Texas Instruments (US), STMicroelectronics (Switzerland).

NXP Semiconductors

NXP Semiconductors provides high-performance mixed-signal and standard product solutions. Its product solutions are used in a range of automobile, identification, wireless infrastructure, lighting, industrial, mobile, consumer, and computing applications. The company not only has a wide geographic presence with operations in about 25 countries but also has a comprehensive customer base and serves about 25,000 customers through its direct sales channel and its network of distribution channel partners.

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Scope of the Report

:

Report Metric

Details

Market size available for years

2016–2025

Base year

2019

Forecast period

2020–2025

Units

Value USD Billion

Segments covered

Device operating mode, Offering , Application

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

The NFC market was dominated by NXP Semiconductors (The Netherlands), Broadcom (US), Qualcomm (US), Texas Instruments (US), STMicroelectronics (Switzerland), Thales Group (Sweden), Infineon Technologies (Germany), Sony (Japan), ams (Austria), Flomio (US), Identive (US), HID Global (US), MagTek (US) and Avery Dennison (US).

This report categorizes the NFC market based on device operating mode, offering , application, and region.

NFC market, by Device operating mode:

  • Reader Emulation
  • Peer-To-Peer
  • Card Emulation

NFC market, by Offering:

  • Non- Auxiliary Products
    • NFC ICS & Antennas
    • NFC Tags
    • NFC Readers
  • Auxiliary Products
    • NFC Micro Sd Cards
    • NFC SIM /UICC Cards
    • NFC Covers        
  • Software

NFC market, by Application:

  • Retail
    • Access Control
    • Product Identification
    • Transaction
  • Transportation
    • Ticketing
    • Access Control
  • Automotive
    • Low-end
    • Mid-range
    • High-end
  • Residential & Commercial
    • Physical Access
    • Time & Attendance
    • Automated Locking System
    • Smart Lighting
  • Medical & Healthcare
    • Medical Devices
    • Access Control
  • Consumer Electronics
    • Wearable Devices
    • Mobile Phones/Tablets
    • Laptops/Personal Computers
    • Cameras
    • Printers
    • Gaming Devices
    • Others
  • Banking & Finance
    • E-Money Services (POS Machines)
    • Multiforex Cards
  • Hospitality
    • Access Control
    • Transaction
  • Others
    • Education
    • Government

NFC market, by Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • RoW
    • South America
    • Middle East & Africa

Recent Developments

  • In June2020, NXP Semiconductors, Mastercard, and Xiaomi Inc. announced they are bringing more convenient and secure contactless experiences to Russia as the first phase of a European-wide roll-out with NXP’s mobile wallet solution. Powering mobile payments for Xiaomi’s Mi Smart Band 4 NFC wearable devices, NXP’s mWallet 2GO supports an accelerated roll-out across Europe by addressing OEMs’ needs for easy yet secure and scalable, wallet implementations. It also addresses user demands to quickly enable payment devices by digitizing their bank cards and experience smooth NFC transactions at the Point-of-Sale.
  • In February 2019, NXP Semiconductors collaborated with FeliCa Networks, Inc. to strengthen the mobile payment and ticketing ecosystem as part of Japan’s preparation for worldwide events in the future. NXP’s new GlobalPlatform-based solution, PN81 series supports and integrates FeliCa, EMVCo, mobile transit MIFARE in a single solution to allow smartphones and other mobile devices to conveniently bridge mobile payments in Japan and across borders, and feature mobile ticketing, access control, and loyalty programs. The NXP PN81 series with FeliCa support features near field communication (NFC), embedded secure element (eSE) technology, and supports worldwide security standards such as GlobalPlatform to help unlock the potential of secure, seamless transaction and access use cases
  • In February 2018, NXP Semiconductors announced breakthroughs in GSMA-compliant eSIM solutions that radically make it easier for device manufacturers to bring consumers remote SIM provisioning and over-the-air updates with multiple Mobile Network Operator (MNO) subscriptions. The new NXP SN100U is the world’s first, single-die chipset featuring an embedded Secure Element (SE), Near Field Communications (NFC), and eSIM for added advanced functionality, cellular connectivity, and security.
  • In February 2018, NXP Semiconductors announced that Garmin International, Inc., a unit of Garmin Ltd., has chosen NXP’s PN80T embedded Secure Element (SE) and Near Field Communications (NFC) solution for the recently launched vívoactive three and Forerunner 645 Music featuring contactless payment capabilities. With NXP’s embedded Secure Element technology and innovative Loader Service provisioning solution, Garmin can easily and quickly deploy Garmin PayTM in their products without compromising security.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 22)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION AND SCOPE
    1.3 INCLUSIONS AND EXCLUSIONS
    1.4 STUDY SCOPE
           1.4.1 MARKETS COVERED
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY
    1.6 LIMITATIONS
    1.7 MARKET STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 27)
    2.1 RESEARCH DATA
           2.1.1 SECONDARY AND PRIMARY RESEARCH
           2.1.2 SECONDARY DATA
                    2.1.2.1 Major secondary sources
                    2.1.2.2 Key data from secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 Primary interviews with experts
                    2.1.3.2 Key data from primary sources
                    2.1.3.3 Breakdown of primaries
                    2.1.3.4 Key industry insights
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 37)
    3.1 IMPACT OF COVID-19 ON THE NFC MARKET
    3.2 PRE-COVID-19
    3.3 POST-COVID-19
    3.4 APPLICATION IMPACT
    3.5 REGIONAL IMPACT

4 PREMIUM INSIGHTS (Page No. - 41)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE NFC MARKET
    4.2 NFC MARKET, BY OFFERING
    4.3 NFC MARKET IN APAC, BY COUNTRY AND BY APPLICATION
    4.4 NFC MARKET, BY DEVICE OPERATING MODE
    4.5 MARKET, BY GEOGRAPHY

5 MARKET OVERVIEW (Page No. - 44)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Increasing trend of mobile commerce
                    5.2.1.2 Growing adoption of wearable technology
           5.2.2 RESTRAINTS
                    5.2.2.1 Issue of short-range communication
                    5.2.2.2 Security concerns related to NFC
                    5.2.2.3 Competition from substitute payment methods
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing urbanization in emerging economies
                    5.2.3.2 Online and In-Store Payment
                    5.2.3.3 Increasing penetration of contactless technology
                    5.2.3.4 Growing Need for Connectivity Between Different Devices
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of awareness about the benefits of NFC
                    5.2.4.2 Need for intermediaries’ gateway for mobile payment
    5.3 SUPPLY CHAIN ANALYSIS
    5.4 PORTER’S FIVE FORCES ANALYSIS
    5.5 PRICING ANALYSIS
    5.6 TRADE ANALYSIS
    5.7 ECOSYSTEM
    5.8 IMPORTANT INNOVATIONS AND PATENT REGISTRATIONS, 2017-2019
    5.9 TECHNOLOGY ANALYSIS
           5.9.1 NFC-ENABLED WEARABLE TECHNOLOGY
           5.9.2 WIRELESS CHARGING WITH NFC
           5.9.3 UNLOCKING CARS REMOTELY WITH DIGITAL KEYS
           5.9.4 NFC-ENABLED KEY CARDS FOR PHONE-FREE ACCESS TO HOMES
           5.9.5 VARIOUS SIGNALLING TECHNOLOGIES OF NFC
                    5.9.5.1 NFC-A
                    5.9.5.2 NFC-B
                    5.9.5.3 NFC-F
    5.10 TARIFF AND REGULATORY STANDARDS
           5.10.1 REGULATORY STANDARDS
                    5.10.1.1 FeliCa
                    5.10.1.2 ISO/IEC 18000-3
                    5.10.1.3 ISO/IEC 14443
    5.11 CASE STUDIES
           5.11.1 ANTICOUNTERFEITING AND TRACEABILITY SOLUTION USING  NFC TECHNOLOGY
           5.11.2 NFC-BASED SECURITY SOLUTION FOR CARS
           5.11.3 IMPROVISING HOTELING EXPERIENCE WITH CONTACTLESS NFC
           5.11.4 PROVIDING NFC-BASED SOLUTION TO THE VISUALLY IMPAIRED
           5.11.5 IOT FOR THE INDUSTRIAL ENVIRONMENT

6 NFC MARKET, BY DEVICE OPERATING MODE (Page No. - 63)
    6.1 INTRODUCTION
    6.2 READER EMULATION
           6.2.1 READER EMULATION MODE IS USED WHEN THE NFC DEVICE IS USED TO READ DATA FROM MANDATED NFC TAGS
    6.3 PEER-TO-PEER
           6.3.1 PEER-TO-PEER MODE ENABLES A LINK-LEVEL COMMUNICATION BETWEEN THE TWO NFC DEVICES
    6.4 CARD EMULATION
           6.4.1 NFC DEVICE WORKS AS A CONTACTLESS SMART CARD IN CARD EMULATION MODE

7 NFC MARKET, BY OFFERING (Page No. - 68)
    7.1 INTRODUCTION
    7.2 NON- AUXILIARY PRODUCTS
           7.2.1 NFC ICS & ANTENNAS
                    7.2.1.1 NFC ICs serve applications such as ticketing and transit system, product identification and authentication
           7.2.2 NFC TAGS
                    7.2.2.1 NFC tags are widely used for proximity and vicinity identification
           7.2.3 NFC READERS
                    7.2.3.1 NFC readers are the active components in transactions
    7.3 AUXILIARY PRODUCTS
           7.3.1 NFC MICRO SD CARDS
                    7.3.1.1 NFC Micro SD card is an external module inserted in a mobile phone that communicates with the external NFC tag
           7.3.2 NFC SIM/UICC CARDS
                    7.3.2.1 SIM cards with NFC chips embedded on them are expected to be a worldwide standard
           7.3.3 NFC COVERS
                    7.3.3.1 NFC covers are used by consumers especially for non-NFC mobile phones
    7.4 SOFTWARE
           7.4.1 NFC SOFTWARE STACKS ARE DEVELOPED BY SOFTWARE AND MOBILE APP DEVELOPERS TO PROVIDE EASE OF USAGE

8 NFC MARKET, BY APPLICATIONS (Page No. - 75)
    8.1 INTRODUCTION
    8.2 RETAIL
           8.2.1 COVID-19 IMPACT
           8.2.2 PRODUCT IDENTIFICATION
                    8.2.2.1 NFC tags play an important role in giving information and contents of the product
           8.2.3 TRANSACTION
                    8.2.3.1 NFC-enabled phones and devices can be used for making payments
    8.3 TRANSPORTATION
           8.3.1 COVID-19 IMPACT
           8.3.2 TICKETING
                    8.3.2.1 Rail, metro, and bus tickets can be booked using NFC
           8.3.3 ACCESS CONTROL
                    8.3.3.1 NFC supports being cost-effective in eliminating equipment, ending the issuance of paper and plastic cards
    8.4 AUTOMOTIVE
           8.4.1 COVID-19 IMPACT
           8.4.2 LOW-END
                    8.4.2.1 NFC provides drivers with a connected driving experience
           8.4.3 MID-RANGE
                    8.4.3.1 NFC renders customized features such as infotainment system setting of air condition, lights, and target destination
           8.4.4 HIGH-END
                    8.4.4.1 NFC led to the rising incorporation of smart driving applications into various high-end passenger cars
    8.5 RESIDENTIAL & COMMERCIAL
           8.5.1 COVID-19 IMPACT
           8.5.2 PHYSICAL ACCESS
                    8.5.2.1 NFC used for security purposes in buildings
           8.5.3 TIME & ATTENDANCE
                    8.5.3.1 NFC is used to grant access and keep track of in-time and  out-time
           8.5.4 AUTOMATED LOCKING SYSTEM
                    8.5.4.1 NFC led to a rising adoption of digital keys
           8.5.5 SMART LIGHTING
                    8.5.5.1 NFC capabilities allow control points from the wall, smartphones, or remote
    8.6 MEDICAL & HEALTHCARE
           8.6.1 COVID-19 IMPACT
           8.6.2 MEDICAL DEVICES
                    8.6.2.1 NFC in medical devices can be used for real-time monitoring of patients for effective diagnosis
           8.6.3 ACCESS CONTROL
                    8.6.3.1 NFC cards are equipped with internal memory that can store patients’ critical information
    8.7 CONSUMER ELECTRONICS
           8.7.1 COVID-19 IMPACT
           8.7.2 WEARABLE DEVICES
                    8.7.2.1 NFC technology plays a major role in wearable electronics
           8.7.3 MOBILE PHONES/TABLETS
                    8.7.3.1 NFC-enabled smartphones have a huge demand owing to their advanced payment functionalities
           8.7.4 LAPTOPS/PERSONAL COMPUTERS
                    8.7.4.1 Touchless laptop is a new technology that has been commercialized
           8.7.5 CAMERAS
                    8.7.5.1 NFC technology is used to share data with other devices such as mobile phones, tablets, and computers
           8.7.6 PRINTERS
                    8.7.6.1 NFC feature allows users to directly print from a cell phone by holding the cell phone over the NFC tag
           8.7.7 GAMING DEVICES
                    8.7.7.1 Players can link NFC stickers and inlays and use them in gameplay simply by tapping them together
           8.7.8 OTHERS
                    8.7.8.1 NFC is also being used in home appliances such as washing machines
    8.8 BANKING & FINANCE
           8.8.1 COVID-19 IMPACT
           8.8.2 E-MONEY SERVICES (POS MACHINES)
                    8.8.2.1 E-money or proximity payments are the main payment method for cashless transactions
           8.8.3 MULTIFOREX CARDS
                    8.8.3.1 Multiforex cards are prepaid NFC-enabled cards used for multicurrency cashless transactions
    8.9 HOSPITALITY
           8.9.1 COVID-19 IMPACT
           8.9.2 ACCESS CONTROL
                    8.9.2.1 NFC-enabled smartphones are being used for check-ins in a hotel
           8.9.3 TRANSACTION
                    8.9.3.1 NFC technology allows making payments without the need for a card or PIN
    8.10 OTHERS
           8.10.1 COVID-19 IMPACT
           8.10.2 EDUCATION
                    8.10.2.1 NFC technology enables interactive, participatory learning
           8.10.3 GOVERNMENT
                    8.10.3.1 NFC offers countless opportunities for governments to improve public services and enhance transit systems

9 GEOGRAPHIC ANALYSIS (Page No. - 92)
    9.1 INTRODUCTION
    9.2 NORTH AMERICA
           9.2.1 COVID-19 IMPACT
           9.2.2 US
                    9.2.2.1 The US is growing at a faster pace as major technology trends are taking place in the region
           9.2.3 CANADA
                    9.2.3.1 Canada offering significant opportunities in the NFC market growth in North America
           9.2.4 MEXICO
                    9.2.4.1 Mexico is expected to witness the highest CAGR in the NFC market in North America
    9.3 EUROPE
           9.3.1 COVID-19 IMPACT
           9.3.2 UK
                    9.3.2.1 The UK to dominate the NFC market in Europe
           9.3.3 GERMANY
                    9.3.3.1 Germany is an attractive market for transport applications  using NFC
           9.3.4 ITALY
                    9.3.4.1 Italy is adopting contactless payments in the retail sector by issuing pre-paid NFC cards
           9.3.5 FRANCE
                    9.3.5.1 France is one of the fastest-growing markets for NFC in Europe
           9.3.6 SPAIN
                    9.3.6.1 Digital wallets fuel NFC usage in Spain
           9.3.7 REST OF EUROPE
                    9.3.7.1 Rest of Europe includes Switzerland, Portugal, the Netherlands, and Belgium
    9.4 ASIA PACIFIC
           9.4.1 COVID-19 IMPACT
           9.4.2 CHINA
                    9.4.2.1 Chinese prefer smart payment systems using QR and NFC codes
           9.4.3 JAPAN
                    9.4.3.1 E-money smart cards powered by NFC technology are widely prevalent in Japan
           9.4.4 INDIA
                    9.4.4.1 India is expected to witness the highest CAGR in the coming years
           9.4.5 SOUTH KOREA
                    9.4.5.1 South Korea is one of the early adopters of NFC in APAC
           9.4.6 REST OF APAC
                    9.4.6.1 Rest of APAC includes Singapore, Malaysia, Thailand, Indonesia, and Myanmar
    9.5 REST OF THE WORLD
           9.5.1 COVID-19 IMPACT
           9.5.2 SOUTH AMERICA
                    9.5.2.1 South Americans use many different alternative payment methods, including NFC
           9.5.3 MIDDLE EAST
                    9.5.3.1 NFC technology has been booming in the Middle East region
           9.5.4 AFRICA
                    9.5.4.1 Payment with contactless cards is becoming increasingly popular in South Africa

10 COMPETITIVE LANDSCAPE (Page No. - 130)
     10.1 INTRODUCTION
     10.2 NFC RELATED SEGMENT REVENUE ANALYSIS OF TOP FIVE PLAYERS
     10.3 MARKET SHARE ANALYSIS, 2019
     10.4 RANKING ANALYSIS OF KEY PLAYERS IN MARKET
     10.5 COMPANY EVALUATION QUADRANT
             10.5.1 STAR
             10.5.2 EMERGING LEADER
             10.5.3 PERVASIVE
             10.5.4 PARTICIPANT
     10.6 STARTUP/SME EVALUATION MATRIX
             10.6.1 PROGRESSIVE COMPANIES
             10.6.2 RESPONSIVE COMPANIES
             10.6.3 DYNAMIC COMPANIES
             10.6.4 STARTING BLOCKS
     10.7 COMPETITIVE SCENARIO
     10.8 COMPETITIVE SITUATIONS AND TRENDS
             10.8.1 OTHERS

11 COMPANY PROFILES (Page No. - 143)
     11.1 KEY PLAYERS
             11.1.1 NXP SEMICONDUCTORS
                        11.1.1.1 Business overview
                        11.1.1.2 Product offered
                        11.1.1.3 Recent developments
                        11.1.1.4 MnM view
                                     11.1.1.4.1 Key strengths/right to win
                                     11.1.1.4.2 Strategic choices made
                                     11.1.1.4.3 Weaknesses and competitive threats
             11.1.2 BROADCOM
                        11.1.2.1 Business overview
                        11.1.2.2 Product offered
                        11.1.2.3 Recent developments
                        11.1.2.4 MnM view
                                     11.1.2.4.1 Key strengths/right to win
                                     11.1.2.4.2 Strategic choices made
                                     11.1.2.4.3 Weaknesses and competitive threats
             11.1.3 QUALCOMM
                        11.1.3.1 Business overview
                        11.1.3.2 Product offered
                        11.1.3.3 Recent developments
                        11.1.3.4 MnM view
                                     11.1.3.4.1 Key strengths/right to win
                                     11.1.3.4.2 Strategic choices made
                                     11.1.3.4.3 Weaknesses and competitive threats
             11.1.4 TEXAS INSTRUMENTS
                        11.1.4.1 Business overview
                        11.1.4.2 Product offered
                        11.1.4.3 Recent developments
                        11.1.4.4 MnM view
                                     11.1.4.4.1 Key strengths/right to win
                                     11.1.4.4.2 Strategic choices made
                                     11.1.4.4.3 Weaknesses and competitive threats
             11.1.5 STMICROELECTRONICS
                        11.1.5.1 Business overview
                        11.1.5.2 Product offered
                        11.1.5.3 Recent developments
                        11.1.5.4 MnM view
                                     11.1.5.4.1 Key strengths/right to win
                                     11.1.5.4.2 Strategic choices made
                                     11.1.5.4.3 Weaknesses and competitive threats
             11.1.6 SAMSUNG
                        11.1.6.1 Business overview
                        11.1.6.2 Product offered
                        11.1.6.3 Recent developments
             11.1.7 RENESAS ELECTRONICS
                        11.1.7.1 Business overview
                        11.1.7.2 Product offered
                        11.1.7.3 Recent developments
             11.1.8 INTEL
                        11.1.8.1 Business overview
                        11.1.8.2 Product offered
                        11.1.8.3 Recent developments
             11.1.9 TOSHIBA
                        11.1.9.1 Business overview
                        11.1.9.2 Product offered
                        11.1.9.3 Recent developments
             11.1.10 AMS
                        11.1.10.1 Business overview
                        11.1.10.2 Product offered
                        11.1.10.3 Recent developments
     11.2 OTHER COMPANIES
             11.2.1 THALES GROUP
             11.2.2 INFINEON TECHNOLOGIES
             11.2.3 SONY
             11.2.4 IDENTIV
             11.2.5 AVERY DENNISON
             11.2.6 PANTHRONICS
             11.2.7 FLOMIO
             11.2.8 IDENTISYS
             11.2.9 HID GLOBAL
             11.2.10 MAGTEK

12 APPENDIX (Page No. - 177)
     12.1 DISCUSSION GUIDE
     12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     12.3 AVAILABLE CUSTOMIZATIONS
     12.4 RELATED REPORTS
     12.5 AUTHOR DETAILS


LIST OF TABLES (133 TABLES)

TABLE 1 IMPACT OF EACH FORCE ON NFC MARKET
TABLE 2 AVERAGE SELLING PRICE RANGES OF NFC PRODUCTS
TABLE 3 IMPORT DATA OF CARDS INCORPORATING ONE OR MORE ELECTRONIC INTEGRATED CIRCUITS "SMART CARDS", BY COUNTRY, 2015– 2019 (USD MILLION)
TABLE 4 EXPORT DATA OF CARDS INCORPORATING ONE OR MORE ELECTRONIC INTEGRATED CIRCUITS "SMART CARDS", BY COUNTRY, 2015– 2019 (USD MILLION)
TABLE 5 MARKET, SUPPLY CHAIN
TABLE 6 SOME OF THE PATENTS RELATED TO NFC
TABLE 7 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY DEVICE OPERATING MODE, 2016–2019 (USD MILLION)
TABLE 8 POST-COVID-19:MARKET, BY DEVICE OPERATING MODE,  2020–2025 (USD MILLION)
TABLE 9 BENEFITS AND FUTURE SCOPE OF DEVICE OPERATING MODES
TABLE 10 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY OFFERING, 2016–2019 (USD MILLION)
TABLE 11 POST-COVID-19:NEAR FIELD COMMUNICATION MARKET, BY OFFERING, 2020–2025 (USD MILLION)
TABLE 12 PRE-COVID-19: MARKET, BY NON-AUXILIARY PRODUCTS,  2016–2019 (USD MILLION)
TABLE 13 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY NON-AUXILIARY PRODUCTS,  2020–2025 (USD MILLION)
TABLE 14 PRE-COVID-19: NFC MARKET, BY NON-AUXILIARY PRODUCTS,  2016–2019 (MILLION UNITS)
TABLE 15 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY NON-AUXILIARY PRODUCTS,  2020–2025 (MILLION UNITS)
TABLE 16 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY AUXILIARY PRODUCTS, 2016–2019 (USD MILLION)
TABLE 17 POST-COVID-19: NFC MARKET, BY AUXILIARY PRODUCTS, 2020–2025 (USD MILLION)
TABLE 18 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY AUXILIARY PRODUCTS, 2016–2019 (MILLION UNITS)
TABLE 19 POST-COVID-19: NEAR FIELD COMMUNICATION  MARKET, BY AUXILIARY PRODUCTS, 2020–2025 (MILLION UNITS)
TABLE 20 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 21 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 22 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR RETAIL, BY SUB- APPLICATION,  2016–2019 (USD MILLION)
TABLE 23 POST-COVID-19: MARKET FOR RETAIL, BY SUB- APPLICATION,  2020–2025 (USD MILLION)
TABLE 24 PRE-COVID-19: MARKET FOR TRANSPORTATION, BY SUB- APPLICATION,  2016–2019 (USD MILLION)
TABLE 25 POST-COVID-19: MARKET FOR TRANSPORTATION, BY SUB- APPLICATION,  2020–2025 (USD MILLION)
TABLE 26 PRE-COVID-19: MARKET FOR AUTOMOTIVE, BY SUB- APPLICATION,  2016–2019 (USD MILLION)
TABLE 27 POST-COVID-19: MARKET FOR AUTOMOTIVE, BY SUB- APPLICATION,  020–2025 (USD MILLION)
TABLE 28 PRE-COVID-19: MARKET FOR RESIDENTIAL & COMMERCIAL, BY SUB- APPLICATION, 2016–2019 (USD MILLION)
TABLE 29 POST-COVID-19:NEAR FIELD COMMUNICATION MARKET FOR RESIDENTIAL & COMMERCIAL, BY SUB- APPLICATION, 2020–2025 (USD MILLION)
TABLE 30 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR MEDICAL &HEALTHCARE, BY SUB- APPLICATION, 2016–2019 (USD MILLION)
TABLE 31 POST-COVID-19: NFC MARKET FOR MEDICAL & HEALTHCARE, BY SUB- APPLICATION, 2020–2025 (USD MILLION)
TABLE 32 PRE-COVID-19: MARKET FOR CONSUMER ELECTRONICS, BY SUB- APPLICATION, 2016–2019 (USD MILLION)
TABLE 33 POST-COVID-19: MARKET FOR CONSUMER ELECTRONICS, BY SUB- APPLICATION, 2020–2025 (USD MILLION)
TABLE 34 PRE-COVID-19: MARKET FOR BANKING & FINANCE, BY SUB- APPLICATION,  2016–2019 (USD MILLION)
TABLE 35 POST-COVID-19: MARKET FOR BANKING & FINANCE, BY SUB- APPLICATION,  2020–2025 (USD MILLION)
TABLE 36 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR HOSPITALITY, BY SUB- APPLICATION,  2016–2019 (USD MILLION)
TABLE 37 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR HOSPITALITY, BY SUB- APPLICATION,  2020–2025 (USD MILLION)
TABLE 38 PRE-COVID-19: MARKET FOR OTHERS, BY SUB- APPLICATION,  2016–2019 (USD MILLION)
TABLE 39 POST-COVID-19: MARKET FOR OTHERS, BY SUB- APPLICATION,  2020–2025 (USD MILLION)
TABLE 40 PRE-COVID-19: MARKET, BY REGION, 2016–2019 (USD MILLION)
TABLE 41 POST-COVID-19: MARKET, BY REGION, 2020–2025 (USD MILLION)
TABLE 42 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY,  2016–2019 (USD MILLION)
TABLE 43 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET IN NORTH AMERICA, BY COUNTRY,  2020–2025 (USD MILLION)
TABLE 44 PRE-COVID-19: MARKET IN NORTH AMERICA, BY APPLICATION,  2016–2019 (USD MILLION)
TABLE 45 POST-COVID-19: MARKET IN NORTH AMERICA, BY APPLICATION,  2020–2025 (USD MILLION)
TABLE 46 PRE-COVID-19: MARKET FOR RETAIL IN NORTH AMERICA, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 47 POST-COVID-19: MARKET FOR RETAIL IN NORTH AMERICA, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 48 PRE-COVID-19: MARKET FOR TRANSPORTATION IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 49 POST-COVID-19: MARKET FOR TRANSPORTATION IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 50 PRE-COVID-19: MARKET FOR AUTOMOTIVE IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 51 POST-COVID-19: MARKET FOR AUTOMOTIVE IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 52 PRE-COVID-19: MARKET FOR RESIDENTIAL & COMMERCIAL IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 53 POST-COVID-19: MARKET FOR RESIDENTIAL & COMMERCIAL IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 54 PRE-COVID-19:  MARKET FOR MEDICAL & HEALTHCARE IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 55 POST-COVID-19: MARKET FOR MEDICAL & HEALTHCARE IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 56 PRE-COVID-19:  MARKET FOR CONSUMER ELECTRONICS IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 57 POST-COVID-19: MARKET FOR CONSUMER ELECTRONICS IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 58 PRE-COVID-19: MARKET FOR BANKING & FINANCE IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 59 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR BANKING & FINANCE IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 60 PRE-COVID-19: NFC MARKET FOR HOSPITALITY IN NORTH AMERICA,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 61 POST-COVID-19:NEAR FIELD COMMUNICATION  MARKET FOR HOSPITALITY IN NORTH AMERICA,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 62 PRE-COVID-19: MARKET FOR OTHERS IN NORTH AMERICA, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 63 POST-COVID-19: MARKET FOR OTHERS IN NORTH AMERICA, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 64 PRE-COVID-19: MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 65 POST-COVID-19: MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 66 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET IN EUROPE, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 67 POST-COVID-19: MARKET IN EUROPE, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 68 PRE-COVID-19: MARKET FOR RETAIL IN EUROPE, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 69 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR RETAIL IN EUROPE, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 70 PRE-COVID-19: MARKET FOR TRANSPORTATION IN EUROPE, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 71 POST-COVID-19: MARKET FOR TRANSPORTATION IN EUROPE, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 72 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR AUTOMOTIVE IN EUROPE, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 73 POST-COVID-19: MARKET FOR AUTOMOTIVE IN EUROPE, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 74 PRE-COVID-19: MARKET FOR RESIDENTIAL & COMMERCIAL IN EUROPE,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 75 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR RESIDENTIAL & COMMERCIAL IN EUROPE,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 76 PRE-COVID-19: MARKET FOR MEDICAL & HEALTHCARE IN EUROPE,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 77 POST-COVID-19: MARKET FOR MEDICAL & HEALTHCARE IN EUROPE,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 78 PRE-COVID-19: MARKET FOR CONSUMER ELECTRONICS IN EUROPE,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 79 POST-COVID-19: MARKET FOR CONSUMER ELECTRONICS IN EUROPE,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 80 PRE-COVID-19: MARKET FOR BANKING & FINANCE IN EUROPE,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 81 POST-COVID-19: MARKET FOR BANKING & FINANCE IN EUROPE,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 82 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR HOSPITALITY IN EUROPE, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 83 POST-COVID-19: MARKET FOR HOSPITALITY IN EUROPE, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 84 PRE-COVID-19: MARKET FOR OTHERS IN EUROPE, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 85 POST-COVID-19: MARKET FOR OTHERS IN EUROPE, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 86 PRE-COVID-19: MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 87 POST-COVID-19: MARKET IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)
TABLE 88 PRE-COVID-19: MARKET IN APAC, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 89 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET IN APAC, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 90 PRE-COVID-19: MARKET FOR RETAIL IN APAC, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 91 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR RETAIL IN APAC, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 92 PRE-COVID-19: MARKET FOR TRANSPORTATION IN APAC, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 93 POST-COVID-19: MARKET FOR TRANSPORTATION IN APAC, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 94 PRE-COVID-19: MARKET FOR AUTOMOTIVE IN APAC, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 95 POST-COVID-19: MARKET FOR AUTOMOTIVE IN APAC, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 96 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR RESIDENTIAL & COMMERCIAL IN APAC,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 97 POST-COVID-19: MARKET FOR RESIDENTIAL & COMMERCIAL IN APAC,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 98 PRE-COVID-19: MARKET FOR MEDICAL & HEALTHCARE IN APAC,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 99 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR MEDICAL & HEALTHCARE IN APAC,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 100 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR CONSUMER ELECTRONICS IN APAC,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 101 POST-COVID-19: MARKET FOR CONSUMER ELECTRONICS IN APAC,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 102 PRE-COVID-19: MARKET FOR BANKING & FINANCE IN APAC, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 103 POST-COVID-19: MARKET FOR BANKING & FINANCE IN APAC, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 104 PRE-COVID-19: NEAR FIELD COMMUNICATION  MARKET FOR HOSPITALITY IN APAC, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 105 POST-COVID-19: NEAR FIELD COMMUNICATION  MARKET FOR HOSPITALITY IN APAC, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 106 PRE-COVID-19: MARKET FOR OTHERS IN APAC, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 107 POST-COVID-19: MARKET FOR OTHERS IN APAC, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 108 PRE-COVID-19: MARKET IN ROW, BY REGION, 2016–2019 (USD MILLION)
TABLE 109 POST-COVID-19:  MARKET IN ROW, BY REGION, 2020–2025 (USD MILLION)
TABLE 110 PRE-COVID-19: MARKET IN ROW, BY APPLICATION, 2016–2019 (USD MILLION)
TABLE 111 POST-COVID-19: MARKET IN ROW, BY APPLICATION, 2020–2025 (USD MILLION)
TABLE 112 PRE-COVID-19: MARKET FOR RETAIL IN ROW, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 113 POST-COVID-19: MARKET FOR RETAIL IN ROW, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 114 PRE-COVID-19: MARKET FOR TRANSPORTATION IN ROW, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 115 POST-COVID-19: MARKET FOR TRANSPORTATION IN ROW, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 116 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR AUTOMOTIVE IN ROW, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 117 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR AUTOMOTIVE IN ROW, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 118 PRE-COVID-19: NEAR FIELD COMMUNICATION  MARKET FOR RESIDENTIAL & COMMERCIAL IN ROW,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 119 POST-COVID-19: NEAR FIELD COMMUNICATION  MARKET FOR RESIDENTIAL & COMMERCIAL IN ROW,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 120 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR MEDICAL & HEALTHCARE IN ROW,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 121 POST-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR MEDICAL & HEALTHCARE IN ROW,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 122 PRE-COVID-19: MARKET FOR CONSUMER ELECTRONICS IN ROW,  BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 123 POST-COVID-19: MARKET FOR CONSUMER ELECTRONICS IN ROW,  BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 124 PRE-COVID-19: MARKET FOR BANKING & FINANCE IN ROW, BY SUB-APPLICATION, 2016–2019 (USD MILLION)
TABLE 125 POST-COVID-19: MARKET FOR BANKING & FINANCE IN ROW, BY SUB-APPLICATION, 2020–2025 (USD MILLION)
TABLE 126 PRE-COVID-19: NEAR FIELD COMMUNICATION MARKET FOR HOSPITALITY IN ROW, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 127 POST-COVID-19: MARKET FOR HOSPITALITY IN ROW, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 128 PRE-COVID-19: MARKET FOR OTHERS IN ROW, BY SUB-APPLICATION,  2016–2019 (USD MILLION)
TABLE 129 POST-COVID-19: MARKET FOR OTHERS IN ROW, BY SUB-APPLICATION,  2020–2025 (USD MILLION)
TABLE 130 NFC MARKET: DEGREE OF COMPETITION
TABLE 131 NFC MARKET: PRODUCT LAUNCHES, 2018-2020
TABLE 132 NFC MARKET: DEALS, 2018-2020
TABLE 133 NFC MARKET: OTHERS, 2019–2020


LIST OF FIGURES (53 FIGURES)

FIGURE 1 NFC MARKET SEGMENTATION
FIGURE 2 NFC MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: SHIPMENT OF PRODUCTS
FIGURE 5 NFC MARKET: BOTTOM-UP APPROACH
FIGURE 6 NFC MARKET: TOP-DOWN APPROACH
FIGURE 7 DATA TRIANGULATION
FIGURE 8 PRE- AND POST-COVID-19 SCENARIO: NFC MARKET
FIGURE 9 READER EMULATION SEGMENT ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE IN THE NFC MARKET IN 2019
FIGURE 10 SOFTWARE SEGMENT TO WITNESS THE HIGHEST CAGR IN THE COMING YEARS
FIGURE 11 CONSUMER ELECTRONICS SEGMENT ACCOUNTED FOR THE LARGEST MARKET SHARE IN THE NFC MARKET
FIGURE 12 APAC ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE  NFC MARKET IN 2020
FIGURE 13 INCREASING TREND FOR MOBILE COMMERCE DRIVING THE MARKET
FIGURE 14 SOFTWARE SEGMENT TO GROW AT THE HIGHEST RATE IN THE NFC MARKET DURING THE FORECAST PERIOD
FIGURE 15 CONSUMER ELECTRONICS SEGMENT TO ACCOUNT FOR THE LARGEST SHARE  OF THE NFC MARKET IN 2025
FIGURE 16 READER EMULATION SEGMENT ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE IN THE NFC MARKET IN 2020
FIGURE 17 NEAR FIELD COMMUNICATION MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 18 INCREASE TREND OF MOBILE COMMERCE IS DRIVING NEAR FIELD COMMUNICATION MARKET
FIGURE 19 NEAR FIELD COMMUNICATION MARKET DRIVERS AND THEIR IMPACT
FIGURE 20 WEARABLE PAYMENT TRANSACTION VOLUME, 2019
FIGURE 21 NEAR FIELD COMMUNICATION MARKET RESTRAINT AND THEIR IMPACT
FIGURE 22 NEAR FIELD COMMUNICATION MARKET OPPORTUNITIES AND THEIR IMPACT
FIGURE 23 VISA CONTACTLESS PAYMENT ADOPTION AROUND THE WORLD, 2017
FIGURE 24 CELLULAR IOT CONNECTIONS, 2019 VS. 2025
FIGURE 25 NEAR FIELD COMMUNICATION MARKET CHALLENGES AND THEIR IMPACT
FIGURE 26 DEVICE MANUFACTURERS AND NFC SERVICE INTEGRATORS CONTRIBUTE MAJOR VALUE TO THE MARKET
FIGURE 27 AVERAGE SELLING PRICE ANALYSIS
FIGURE 28 NEAR FIELD COMMUNICATION MARKET ECOSYSTEM
FIGURE 29 READER EMULATOR SEGMENT ACCOUNTED FOR THE LARGEST SHARE AMONG ALL THE DEVICE OPERATING MODES
FIGURE 30 NON-AUXILIARY PRODUCTS TO ACCOUNT FOR THE LARGEST SHARE  IN NFC MARKET DURING THE FORECAST PERIOD
FIGURE 31 CONSUMER ELECTRONICS INDUSTRY ACCOUNTED FOR THE LARGEST SHARE  OF THE NFC MARKET DURING THE FORECAST PERIOD
FIGURE 32 APAC PROJECTED TO GROW AT THE HIGHEST RATE DURING THE  FORECAST PERIOD
FIGURE 33 NORTH AMERICA MARKET SNAPSHOT
FIGURE 34 EUROPE MARKET SNAPSHOT
FIGURE 35 APAC MARKET SNAPSHOT
FIGURE 36 ROW: NFC MARKET SNAPSHOT
FIGURE 37 COMPANIES ADOPTED PRODUCT LAUNCHES/DEVELOPMENTS, COLLABORATIONS, AND ACQUISITIONS AS KEY GROWTH STRATEGIES  FROM 2018 TO 2020
FIGURE 38 TOP FIVE PLAYERS IN NFC MARKET, 2015–2019
FIGURE 39 SHARE OF MAJOR PLAYERS IN THE NFC MARKET, 2019
FIGURE 40 MARKET RANKING, 2019
FIGURE 41 MARKET: COMPANY EVALUATION QUADRANT, 2019
FIGURE 42MARKET: STARTUP/SME EVALUATION MATRIX, 2019
FIGURE 43 NEAR FIELD COMMUNICATION MARKET EVALUATION FRAMEWORK: PRODUCT LAUNCHES/DEVELOPMENTS, COLLABORATIONS, AND ACQUISITIONS HAVE BEEN KEY GROWTH STRATEGIES ADOPTED BY MARKET PLAYERS FROM 2018 TO 2020
FIGURE 44 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
FIGURE 45 BROADCOM: COMPANY SNAPSHOT
FIGURE 46 QUALCOMM: COMPANY SNAPSHOT
FIGURE 47 TEXAS INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 48 STMICROELECTRONICS: COMPANY SNAPSHOT
FIGURE 49 SAMSUNG: COMPANY SNAPSHOT
FIGURE 50 RENESAS ELECTRONICS: COMPANY SNAPSHOT
FIGURE 51 INTEL: COMPANY SNAPSHOT
FIGURE 52 TOSHIBA: COMPANY SNAPSHOT
FIGURE 53 AMS: COMPANY SNAPSHOT

The study involved 4 major activities in estimating the current size of the NFC market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the NFC market begins with capturing the data on revenues of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for the technical and commercial study of the NFC market. Secondary sources also include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the industry’s supply chain, market’s value chain, total pool of key players, market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to the NFC market. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the ecosystem of the NFC market.

Near Field Communication Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the overall size of the NFC market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:

  • Key players in major applications and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To describe and forecast the NFC market, in terms of value, by device operating mode, offering , and applications
  • To forecast the market size, in terms of value for various segments with regard to 4 main regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
  • To provide detailed information regarding major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the NFC market, globally
  • To analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the NFC market
  • To profile key players and comprehensively analyze their market position in terms of their ranking and core competencies
  • To provide a detailed competitive landscape for the market leaders
  • To analyze competitive developments such as product launches and developments, collaborations and acqusitions
  • To analyze the market penetration of the NFC market through secondary and primary research, for both pre- and post-COVID-19 scenarios

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
COVID-19

Get in-depth analysis of the COVID-19 impact on the NFC Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the NFC Market

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