Global Near Field Communication (NFC) Market to Reach $49.5 Billion by 2025: Increasing Need for Connectivity Between Different Devices & Rising Adoption of Smart Appliances


Dublin, Feb. 06, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Near Field Communication (NFC) Market Analysis & Trends - Industry Forecast to 2025" report to their offering.

The Global Near Field Communication (NFC) Market is poised to grow at a CAGR of around 17.9% over the next decade to reach approximately $49.5 billion by 2025. Some of the prominent trends that the market is witnessing include increasing need for connectivity between different devices, rising adoption of smart appliances, recent technological developments of near field communication (NFC) and growth opportunities/investment opportunities.

Based on product and software the market is segmented into auxiliary products, NFC software and non- auxiliary products. Auxiliary products are further divided by NFC SIM /UICC cards, NFC covers and NFC Micro Sd cards. Non- auxiliary products are further divided by NFC readers, NFC ICS & antennas, NFC Tags and NFC chips.

As per end user the market is segmented by medical & healthcare, automotive, banking & finance, transportation, consumer electronics, retail, residential & commercial, games and toys, data sharing and other application. Medical & healthcare are further divided by medical devices and monitoring healthcare system. Banking & finance is further divided by multiforex cards and e-money services (POS machines).

Transportation is further divided into access control and ticketing. Consumer electronics is further divided into cameras, mobile phones/tablets/contactless payment, wearable devices, laptops/ personal computers and other consumer electronics. Further, Retail is divided into product identification, transaction and access control. Additionally, Residential & commercial is segmented into time & attendance, automated locking system and physical access.

Companies Mentioned:

  • Apple Inc.
  • Broadcom Corporation
  • DeviceFidelity, Inc.,
  • Gemalto NV
  • Huawei Technologies Co., Ltd.
  • Identiv Group, Inc
  • Infineon Technologies AG
  • Inside Secure
  • Mediatek Inc.
  • NXP Semiconductors N.V
  • On Track Innovations (OTI) Ltd
  • Renesas Electronics Corporation
  • Samsung Electronics Co., Ltd.
  • SONY Corporation
  • STMicroelectronics N.V.
  • Texas Instruments Incorporated
  • Toshiba Corporation
  • Visa Inc.,

Key Topics Covered:

1 Market Outline

2 Executive Summary

3 Market Overview

4 Near Field Communication (NFC) Market, By Product and Software

5 Near Field Communication (NFC) Market, By End User

6 Near Field Communication (NFC) Market, By Device Operating Mode

7 Near Field Communication (NFC) Market, By Device

8 Near Field Communication (NFC) Market, By Application

9 Near Field Communication (NFC) Market, By Geography

10 Key Player Activities

11 Leading Companies

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