Global Near Field Communication Market (2018-2023)

Publisher Name :
Date: 11-Jul-2018
No. of pages: 100
Price : Single User: US $ 3999  US $ 2799 Corporate User: US $ 7998  US $ 5599
This report is available at 30% Discount till 31 December 2018. To avail discount please contact at +1-888-391-5441 / sales@rnrmarketresearch.com.

Global Near Field Communication Market

Near Field Communication is a technological innovation that uses magnetic field induction to allow communication between devices to exchange information when they are tapped together, or brought within a few centimetres of each other. According to Netscribes, the global near field communication market is expected to have a significant compounded annual growth rate of 21.30% and reach a market size of USD 23.82 Bn by 2023.

The near field communication (NFC) market is gaining traction due to its broad adoption in smartphones and tablets. NFC is widely used to pair devices like headphones and speakers and to exchange data between smartphones/tablets or other NFC enabled devices. NFC technology is making payments and transactions much more convenient since it enables contactless payments by swiping credit cards and electronic ticket smartcards, instead of inserting and entering pins for card payments.

The market is expected to grow at a strong rate as it has made its way into various fields of applications like retail, transportation, healthcare, etc. Wide adoption in systems like Samsung Pay and Android Pay are expected to make NFC technology a commonplace by creating mass awareness. Also, its recent integration with mobile giant Apple (iOS 11) is expected to help the growth of the market. Not only is NFC being incorporated in consumer electronics like smartphones and televisions, but also in the healthcare sector. Implantable medical devices require high energy efficiency and conservation. NFC technology is suitable for such uses as the NFC reader can activate the tag only when it is necessary and transfer power wirelessly.

Based on the end user industry, the market is segmented into retail, transportation, healthcare and banking and financial services. Among these segments, the retail segment accounted for the most significant share of the market in 2017, as retailers like Burberry, Harvey Nichols, etc., are continuously adopting NFC technology to enhance shopping experiences in brick and mortar stores. Beyond reforming payments, NFC is creating opportunities for retailers to inform and persuade shoppers.

By product type, the global near field communication market is categorized into NFC controller chips, NFC tags, NFC readers, and NFC secure elements. The NFC controller chips are expected to have the highest growth rate owing to its wide adoption in contactless payment systems within various industries.

By mode of operation, the market is segmented into peer to peer, card emulation, and reader/writer segments. The peer to peer segment has the largest market share while the card emulation segment is expected to show the highest growth rate during the forecast period as card emulation mode provides the scope for an NFC enabled mobile device to function as a contactless smart card, and will go on to cater to the raised demand for making cashless transactions smoother in the near future.

By regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. Asia-Pacific is projected to grow with the highest CAGR through the forecast period of 2018-2023.

Key growth factors

The growing proliferation of smartphones across the globe and the demand for smooth and prompt cashless transactions are driving the near field communication market forward. Mobile transactions as a percentage of all retail store transactions have risen manifolds in developed countries over the last few years. The use of smart passes/cards while travelling within the transportation industry is also driving the market forward. Also, the integration of the NFC technology by Apple and Android is expected to create more scope for the development of the market.

NFC technology is less prone to hacking compared to other forms of wireless connectivity solutions like Bluetooth, Wi-Fi, etc., since NFC connections can be enabled only when two devices are brought close to one another, thus, driving the adoption of NFC in companies involved in money transactions.

Threats and key players

Although the global near field communication market is expected to have significant growth, the biggest challenge to the growth of the market is low awareness among people of many regions about its uses. Also, the high cost of NFC chips often deters its adoption especially by those in developing regions of the world. The rising concern over data security and privacy while using NFC is another significant challenge for the adoption of the technology. The probable data security attacks like eavesdropping, data corruption or modification, interception attacks, and physical thefts are possible while using near field communication technology.

Some of the major players in the global near field communication market are NXP Semiconductors, Broadcom, Gemalto and Inside Secure.

What's covered in the report?

1. Overview of the global near field communication market

2. Historical, current and forecasted market size data for NFC controller chips, NFC tags, NFC readers, NFC secure elements markets

3. Historical, current and forecasted market size data for retail, transportation, medical, banking and financial services markets

4. Historical, current and forecasted market size data for peer to peer, card emulation, reader/writer markets

5. Historical, current and forecasted regional (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) market size data for the near field communication market segmentations (by product - NFC controller chips, NFC tags, NFC readers, NFC secure elements, by end-user industry - retail, transportation, medical, banking and financial services , by mode of operation - peer to peer, card emulation, reader/writer)

6. Market trends in the global near field communication market

7. Qualitative analysis of the key drivers and challenges affecting the global near field communication market and its segmentations (by product - NFC controller chips, NFC tags, NFC readers, NFC secure elements, by end user industry - retail, transportation, medical, banking and financial services , by mode of operation - peer to peer, card emulation, reader/writer)

8. Analysis of the competitive landscape and profiles of major players operating in the market

Why buy?

1. Get a broad understanding of the global near field communication market

2. Get region-specific market size and observations for the global near field communications market and its segmentations (by product - NFC controller chips, NFC tags, NFC readers, NFC secure elements, by end user industry - retail, transportation, medical, banking and financial services , by mode of operation - peer to peer, card emulation, reader/writer)

3. Get specific drivers and challenges for the global near field communications market and its segmentations (by product - NFC controller chips, NFC tags, NFC readers, NFC secure elements, by end user industry - retail, transportation, medical, banking and financial services , by mode of operation - peer to peer, card emulation, reader/writer)

4. Recognize major competitors' business and market dynamics, and respond accordingly

This report is available at 30% Discount till 31 December 2018. To avail discount please contact at +1-888-391-5441 / sales@rnrmarketresearch.com.

Global Near Field Communication Market (2018-2023)

Table of Contents

Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered
1.3. Executive summary

Chapter 2: Introduction
2.1. Market definitions
- By product (NFC controller chips, NFC tags, NFC readers, NFC secure elements)
- By end user industry (retail, transportation, medical, banking and financial services)
- By mode of operation (peer to peer, card emulation, reader/writer)

Chapter 3: Global near field communication market overview
3.1. Global market overview
- Global historical (2015-2017) market size (USD Bn)
- Global forecasted (2018-2023) market size (USD Bn)
- Geography wise market size (USD Bn) in 2017 and 2023
- Key observations
3.2. Global trends

Chapter 4: Global near field communication market segmentation - by regions
4.1. North America
- Historical (2015-2017) market size (USD Bn)
- Forecasted (2018-2023) market size (USD Bn)
- Drivers
- Challenges
- Trends
4.2. Europe
- Historical (2015-2017) market size (USD Bn)
- Forecasted (2018-2023) market size (USD Bn)
- Drivers
- Challenges
- Trends
4.3. Asia Pacific
- Historical (2015-2017) market size (USD Bn)
- Forecasted (2018-2023) market size (USD Bn)
- Drivers
- Challenges
- Trends
4.4. Latin America
- Historical (2015-2017) market size (USD Bn)
- Forecasted (2018-2023) market size (USD Bn)
- Drivers
- Challenges
- Trends
4.5. Middle East and Africa
- Historical (2015-2017) market size (USD Bn)
- Forecasted (2018-2023) market size (USD Bn)
- Drivers
- Challenges
- Trends

Chapter 5: Global near field communication market segmentation - by product
5.1. Global market share and size (USD Bn - 2017) - by product (NFC controller chips, NFC tags, NFC readers, NFC secure elements)
5.2. Global NFC controller chips market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges
5.3. Global NFC tags market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges
5.4. Global NFC readers market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges
5.5. Global NFC secure elements market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges

Chapter 6: Global near field communication market segmentation - by end-user industry
6.1. Global market share and size (USD Bn - 2017) - by end-user industry (retail, transportation, healthcare, banking and financial services)
6.2. Global retail NFC market
- Market size (USD Bn) (2015, 2018, 2023)
- Key highlights
6.3. Global transportation NFC market
- Market size (USD Bn) (2015, 2018, 2023)
- Key highlights
6.4. Global healthcare NFC market
- Market size (USD Bn) (2015, 2018, 2023)
- Key highlights
6.5. Global banking and financial services NFC market
- Market size (USD Bn) (2015, 2017, 2023)
- Key highlights

Chapter 7: Global near field communication market segmentation - by mode of operation
7.1. Global market share and size (USD Bn - 2017) - by mode of operation (peer to peer, card emulation, reader/writer)
7.2. Global peer to peer NFC market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges
7.3. Global card emulation NFC market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges
7.4. Global reader/writer NFC market
- Market size (USD Bn) (2015, 2018, 2023)
- Drivers
- Challenges

Chapter 8: Global near field communication market - by regions
8.1. North America
-By product type (NFC controller chips, NFC tags, NFC readers, NFC secure elements) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By end user industry (retail, transportation, healthcare, banking and financial services) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By mode of operation (peer to peer, card emulation, reader/writer) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
8.2. Europe
-By product type (NFC controller chips, NFC tags, NFC readers, NFC secure elements) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By end user industry (retail, transportation, healthcare, banking and financial services) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By mode of operation (peer to peer, card emulation, reader/writer) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
8.3. Asia Pacific
-By product type (NFC controller chips, NFC tags, NFC readers, NFC secure elements) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By end user industry (retail, transportation, healthcare, banking and financial services) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By mode of operation (peer to peer, card emulation, reader/writer) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
8.4. Latin America
-By product type (NFC controller chips, NFC tags, NFC readers, NFC secure elements) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By end user industry (retail, transportation, healthcare, banking and financial services) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By mode of operation (peer to peer, card emulation, reader/writer) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
8.5. Middle East and Africa
-By product type (NFC controller chips, NFC tags, NFC readers, NFC secure elements) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By end user industry (retail, transportation, healthcare, banking and financial services) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors
- By mode of operation (peer to peer, card emulation, reader/writer) - Revenue contribution (USD Bn) and share (historical and forecasted), Key highlights, Key competitors

Chapter 9: Competitive landscape
9.1. Market share of top 5 companies
9.2. Company profiles
9.2.1 NXP Semiconductors
- Company snapshot
- Key numbers
- Initiatives
- Growth strategy
- Major locations
9.2.2. Broadcom
- Company snapshot
- Key numbers
- Initiatives
- Growth strategy
- Major locations
9.2.3. Gemalto
- Company snapshot
- Key numbers
- Initiatives
- Growth strategy
- Major locations
9.2.4. Inside Secure
- Company snapshot
- Key numbers
- Initiatives
- Growth strategy
- Major locations
9.2.5. STMicroelectronics
- Company snapshot
- Key numbers
- Initiatives
- Growth strategy
- Major locations

Chapter 10: Conclusion

Chapter 11: Appendix
11.1. List of tables
11.2. Research methodology
11.3. Assumptions
11.4. About Netscribes Inc.
Note: The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research
  • Global Near Field Communication Enabled Handsets Market Insights, Forecast to 2025
    Published: 07-Dec-2018        Price: US 4900 Onwards        Pages: 119
    This report presents the worldwide Near Field Communication Enabled Handsets market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The Near Field ......
  • Global and Chinese Near Field Communication (NFC) Industry, 2018 Market Research Report
    Published: 02-Dec-2018        Price: US 3000 Onwards        Pages: 147
    The 'Global and Chinese Near Field Communication (NFC) Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Near Field Communication (NFC) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Near Field Communication (NFC) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic......
  • Global and Chinese Wireless Microwave-based Antenna Monitoring System Industry, 2018 Market Research Report
    Published: 24-Nov-2018        Price: US 3000 Onwards        Pages: 139
    The 'Global and Chinese Wireless Microwave-based Antenna Monitoring System Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Wireless Microwave-based Antenna Monitoring System industry with a focus on the Chinese market. The report provides key statistics on the market status of the Wireless Microwave-based Antenna Monitoring System manufacturers and is a valuable source of guidance and direction for companies and individuals inte......
  • Global Mobile Communication Antennas Market Data Survey Report 2025
    Published: 16-Nov-2018        Price: US 1500 Onwards        Pages: 78
    Summary The global Mobile Communication Antennas market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites,......
  • Global M Commerce Market Size, Status and Forecast 2018-2025
    Published: 15-Nov-2018        Price: US 3900 Onwards        Pages: 92
    This report focuses on the global M Commerce status, future forecast, growth opportunity, key market and key players. The study objectives are to present the M Commerce development in United States, Europe and China. In 2017, the global M Commerce market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. The key players covered in this study - Ericsson Inc. - PayPal - Visa - M......
  • Global Wireless Gas Detection Technology Market Size, Status and Forecast 2018-2025
    Published: 01-Nov-2018        Price: US 3900 Onwards        Pages: 109
    This report focuses on the global Wireless Gas Detection Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Wireless Gas Detection Technology development in United States, Europe and China. In 2017, the global Wireless Gas Detection Technology market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. The key players covered in this ......
  • Global Mobile Communication Antennas Market Insights, Forecast to 2025
    Published: 25-Oct-2018        Price: US 4900 Onwards        Pages: 113
    This report presents the worldwide Mobile Communication Antennas market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The Mobile Communication An......
  • Global 5G Wireless Ecosystem Market Size, Status and Forecast 2018-2025
    Published: 16-Oct-2018        Price: US 3900 Onwards        Pages: 98
    The 5G technology is a revolutionary shift in the field of wireless networking to manage connectivity management for a number of machine-to-machine devices. Increase in RandD initiatives taken up by the national, regional governments and rise in usage of mobile drive the market growth. However, security issues related to wireless networks restrain this growth. The streamlining of new transmission schemes, higher frequency bands, and antenna technologies presents lucrative opportunities fo......
  • Global Private LTE Network Market Size, Status and Forecast 2018-2025
    Published: 16-Oct-2018        Price: US 3900 Onwards        Pages: 92
    In 2017, the global Private LTE Network market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. This report focuses on the global Private LTE Network status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Private LTE Network development in United States, Europe and China. The key players covered in this study - Nokia - Huawei......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs