News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
Home : U.S. Government News Search Engine                          
(USGovernment-News.Com, July 26, 2016 ) NFC enable the users to seamlessly share data between devices, use their mobile phone as e-ticket or pay bills wirelessly. The important benefit of NFC over Bluetooth is shorter set-up period. Also, NFC works on devices that are not driven by battery such as smart credit card. NFC technology has various advantages such as versatility, safety and convenience. It requires PIN and does not allow physical access of credit card information to merchants. Hence, NFC is much more secure than other techniques of transaction. NFC is very convenient to use.
The growing trend of cashless transactions worldwide is the key driver for the growth of global NFC market. There is rise in demand for multi-tasking devices globally, hence, consumer electronics enterprises are involved in integrating NFC technology in their tablets and mobile phones to provide a single solution to the consumers. Also, global NFC market is bolstering due to increase in adoption of NFC technology in tablet, smartphones and other similar devices.
NFC allows easy payments and enable users to transfer data, play games, share information and access social networking sites. It can be combined with retailers’ point of sale (POS), healthcare systems and public transit payment systems. The global NFC market is highly driven by increasing penetration of smartphone users for making secure online transactions and contactless payments facility. The rise in mobile internet users also contributes to the global NFC market growth. Whereas, short range of communication is one of the factors that hinders the growth
North America is the leading global NFC market in terms of market share. Asia Pacific is anticipated to experience a faster growth in the coming years due to rise in adoption of NFC technology and increasing awareness. Further, Europe region is also projected to be a high potential market.
The global NFC market is segmented by device operating mode into reader emulation, card emulation and peer-to-peer. The global NFC market is further bifurcated by product & software types as auxiliary products, NFC software and non-auxiliary products. Global NFC market is also segmented on the basis of industry as retail, transportation, residential & commercial, consumer electronics, automotive, medical & healthcare, banking & finance and others. The NFC market is further bifurcated by regions into North America, Asia Pacific, Middle East & Africa, Europe, and South America.
Broadcom Inc., Toshiba Corporation, Infineon Technologies, DeviceFidelity Inc., Samsung Electronics Co. Ltd., Visa Inc., Identive Group, MasterCard, PayPal, American Express, Qualcomm, MediaTek Inc., STMicroelectronics, Renasas Electronics Corporation, NXP Semiconductors, Texas Instruments, Huawei Technologies Co., Ltd., Gemalto NV, STmicroelectronics, Apple Inc. and Inside Secure among others are some of the chief market players operating in the global NFC market.
7 Near Field Communication Market – Competitive Landscape 7.1 Global Near Field Communication Market Sales Revenue (US$ Bn), 2014 – 2025 7.2 Near Field Communication Market – Market Share Analysis of Market Positioning of Key Players, 2015
8 Global Near Field Communication Market Revenue and Forecasts to 2025 – Device Operating Mode 8.1 Overview 8.1.1 Segment Share (%), 2015 & 2025 8.2 Reader emulation 8.3 Card Emulation 8.4 Peer-to-Peer
9 Global Near Field Communication Market Revenue and Forecasts to 2025 – Product & Software 9.1 Overview 9.1.1 Segment Share (%), 2015 & 2025 9.2 Auxiliary Products 9.3 NFC Software 9.4 Non-Auxiliary Products
10 Global Near Field Communication Market Revenue and Forecasts to 2025 – Industry 10.2 Retail 10.3 Transportation 10.4 Residential & Commercial 10.5 Consumer Electronics 10.6 Automotive 10.7 Medical & Healthcare 10.8 Banking & Finance 10.9 Others
12 Global Near Field Communication Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments 12.1 Broadcom Inc. 12.2 Toshiba Corporation 12.3 Infineon Technologies 12.4 DeviceFidelity Inc. 12.5 Samsung Electronics Co. Ltd. 12.6 Visa Inc. 12.7 Identive Group 12.8 MasterCard 12.9 PayPal 12.10 American Express 12.11 Qualcomm 12.12 MediaTek Inc. 12.13 STMicroelectronics 12.14 Renasas Electronics Corporation 12.15 NXP Semiconductors 12.16 Texas Instruments 12.17 Huawei Technologies Co., Ltd. 12.18 Gemalto NV 12.19 STmicroelectronics 12.20 , Apple Inc. 12.21 Inside Secure
About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. Our syndicated research content is focused towards providing global and regional market forecasts and analysis. All our syndicated reports provide analysis of key trends, market size and shares, and competitive landscape analysis. We provide detailed segmentation of market by geography, technology, product or service which helps our clients get a deeper market analysis.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including: