NFC is a short-range communication technology that enables data transfer between two NFC-enabled devices. The data transfer includes cash transactions, device control, and many other applications.
This report market covers the major segments namely operating modes (peer-to-peer, card emulation, and reader emulation), products & software, application industry, and region. The market size estimations for these segments are provided in this report; the key trends and market dynamics related to these segments are also covered under separate chapters for these segments.
Currently, the retail industry dominates the market because of the high demand for retail automation products, wherein NFC is the key technology. Furthermore, the automotive and residential & commercial industries are expected to grow at the highest CAGR among all other industries.
The growth in these two industries is attributed to the growing adoption of smart devices and ease of communication. In the automotive industry, NFC enables hands-free communication and in-car infotainment.
In the residential & commercial industry, NFC is beneficial for use in applications such as physical access, time & attendance, and automated lock system. These two industries exert a major impact on the market.
These are emerging markets for the NFC technology and the consistent focus of the companies in these markets would impact the overall market.
NFC is a short-range, low-power communications protocol between two devices. One device, the initiator, uses magnetic induction to create a radio-wave field that the target can detect and access, allowing small amounts of data to be transferred wirelessly over a relatively short distance.
NFC is now gaining traction in the healthcare industry, and has caught the eye of various medical device manufacturers for use in their products.
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Near field communication system is an addition to short range wireless communication technology following the advent of Bluetooth and WIFI. NFC differentiates itself from Bluetooth and Wi-Fi by operating on the principle of electromagnetic radio field as compared to the feature of RFID.
It facilitates the direct data exchange between two NFC enabled devices such as smartphones eliminating the stepwise procedure required to set up the connection. It also facilitates data transmission between an active (powered) device such as smartphone and passive (unpowered) devices such smart credit card with an NFC tag.
NFC works in a very close proximity of about 10 cm, thereby providing a high degree of secured connection required in crowded locations. NFC systems finds a large number of applications in data sharing, payment making, tag applications, banking operations, healthcare and others.
The market for NFC is expected to indicate rapid growth in future with the increasing adoption of mobile commerce and NFC standards at a global level. Potential scope for a large number of applications such as data sharing, payment making, tag applications, banking operations and others will drive the NFC systems market.
In its nascent stage, the market may find the lack of presence for auxiliary equipment required for Near Field Communication which may slow down the growth of NFC systems market. The report includes critical examination of key factors influencing the market with an analysis of market drivers and restraints.
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In this report, the global Near Field Communication Systems market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Near Field Communication Systems in these regions, from 2012 to 2022 (forecast), covering
Table of Content:-
Global Near Field Communication Systems Market Research Report 2017
1 Near Field Communication Systems Market Overview
1.1 Product Overview and Scope of Near Field Communication Systems
1.2 Near Field Communication Systems Segment by Type (Product Category)
1.2.1 Global Near Field Communication Systems Production and CAGR (%) Comparison by Type (Product Category)(2012-2022)
1.2.2 Global Near Field Communication Systems Production Market Share by Type (Product Category) in 2016
1.2.3 Principle Products
1.2.4 Auxiliary Products
1.3 Global Near Field Communication Systems Segment by Application
1.3.1 Near Field Communication Systems Consumption (Sales) Comparison by Application (2012-2022)
1.3.2 Payment Making
1.3.3 Data Sharing
1.3.4 Banking Operations
1.4 Global Near Field Communication Systems Market by Region (2012-2022)
1.4.1 Global Near Field Communication Systems Market Size (Value) and CAGR (%) Comparison by Region (2012-2022)
1.4.2 United States Status and Prospect (2012-2022)
1.4.3 EU Status and Prospect (2012-2022)
1.4.4 China Status and Prospect (2012-2022)
1.4.5 Japan Status and Prospect (2012-2022)
1.4.6 South Korea Status and Prospect (2012-2022)
1.4.7 Taiwan Status and Prospect (2012-2022)
1.5 Global Market Size (Value) of Near Field Communication Systems (2012-2022)
1.5.1 Global Near Field Communication Systems Revenue Status and Outlook (2012-2022)
1.5.2 Global Near Field Communication Systems Capacity, Production Status and Outlook (2012-2022)
2 Global Near Field Communication Systems Market Competition by Manufacturers
2.1 Global Near Field Communication Systems Capacity, Production and Share by Manufacturers (2012-2017)
2.1.1 Global Near Field Communication Systems Capacity and Share by Manufacturers (2012-2017)
2.1.2 Global Near Field Communication Systems Production and Share by Manufacturers (2012-2017)
2.2 Global Near Field Communication Systems Revenue and Share by Manufacturers (2012-2017)
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