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About NFC Technology
NFC technology is a short-range (around10 centimeters) connection that adheres to technology standards and uses high-frequency wireless communication technology to exchange data between devices. It has revolutionized the ways in which people access and use information. NFC-enabled devices are used for applications such as mobile payment, ID authentication, transportation, and loyalty programs.
Technavio’s analysts forecast the global NFC transaction market to grow at a CAGR of 55.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global NFC transaction market for 2016-2020. To calculate the market size, the report considers the revenue generated from the NFC transaction done through mobile devices and wearables.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global NFC Transaction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Apple
• Google
• MasterCard
• PayPal
• Samsung
• Visa
Other prominent vendors
• American Express
• Broadcom
• Gemalto
• Infineon Technologies
• INSIDE Secure
• MediaTek
• Nokia
• NXP Semiconductors
• Qualcomm
• Renesas Electronics
Market driver
• Increased adoption of mobile payment and digital wallet service
• For a full, detailed list, view our report
Market challenge
• Interoperability issues across the value chain
• For a full, detailed list, view our report
Market trend
• Increased awareness about mobile wallet
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
NFC technology is a short-range (around10 centimeters) connection that adheres to technology standards and uses high-frequency wireless communication technology to exchange data between devices. It has revolutionized the ways in which people access and use information. NFC-enabled devices are used for applications such as mobile payment, ID authentication, transportation, and loyalty programs.
Technavio’s analysts forecast the global NFC transaction market to grow at a CAGR of 55.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global NFC transaction market for 2016-2020. To calculate the market size, the report considers the revenue generated from the NFC transaction done through mobile devices and wearables.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global NFC Transaction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Apple
• MasterCard
• PayPal
• Samsung
• Visa
Other prominent vendors
• American Express
• Broadcom
• Gemalto
• Infineon Technologies
• INSIDE Secure
• MediaTek
• Nokia
• NXP Semiconductors
• Qualcomm
• Renesas Electronics
Market driver
• Increased adoption of mobile payment and digital wallet service
• For a full, detailed list, view our report
Market challenge
• Interoperability issues across the value chain
• For a full, detailed list, view our report
Market trend
• Increased awareness about mobile wallet
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
