Global Near Field Communications (NFC) Market Analysis & Trends - Industry Forecast to 2025

Global Near Field Communications (NFC) Market Analysis & Trends - Industry Forecast to 2025

  • September 2017 •
  • 182 pages •
  • Report ID: 3621968 •
  • Format: PDF
The Global Near Field Communications (NFC) Market is poised to grow at a CAGR of around 15.8% over the next decade to reach approximately $32.6 billion by 2025.

Some of the prominent trends that the market is witnessing include high growth in mobile commerce, increase in requirement of connection between two devices and high growth in smart appliances segment.

Based on Devices, the market is segmented into pc & laptop, smartphone & tablet and other devices. Depending on Device Operating Mode, the market is categorized into peer-to-peer, reader emulation and card emulation.

On the basis of Application, the market is divided into service, ticketing, payment, healthcare, games and toys, data sharing, booking, authentication & access control and other applications.

By End User, the market is segmented into banking & finance, retail, automotive, transportation, medical & healthcare, residential & commercial, consumer electronics and other end users.

The banking & finance is further divided into multiforex cards and e-money services (POS Machines). The Retail segment is further categorized into transaction, product identification and access control.

The Access Control segment is further classified into access control and ticketing. The Residential & Commercial segment is further segmented into automated locking system, physical access and time & attendance. The Consumer Electronics segment is further divided into Cameras, Laptops/ Personal Computers, Mobile Phones/Tablets, Wearable Devices and Other Consumer Electronics.

On the basis of Product and Software, the market is segregated into auxiliary products, NFC software and non-auxiliary products. The Auxiliary Products segment is further divided into NFC covers, NFC micro sd cards and NFC SIM /UICC cards. The Non-Auxiliary Products segment is further categorized into NFC tags, NFC readers and NFC ICS & antennas.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.