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.
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.
Market Analysis and Insights: Global Near Field Communications (NFC) Market
The research report studies the Near Field Communications (NFC) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Near Field Communications (NFC) market size is projected to reach US$ 45020 million by 2026, from US$ 25920 million in 2020, at a CAGR of 9.6% during 2021-2026.
Global Near Field Communications (NFC) Scope and Segment
The global Near Field Communications (NFC) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Near Field Communications (NFC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
Segment by Type, the Near Field Communications (NFC) market is segmented into
PC & laptop
Smartphone & Tablet
Others
Segment by Application, the Near Field Communications (NFC) market is segmented into
Banking & Finance
Retail
Automotive
Transportation
Medical & Healthcare
Residential & Commercial
Consumer Electronics
Others
Global Near Field Communications (NFC) market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The major vendors covered:
Broadcom
DeviceFidelity
Gemalto
Huawei Technologies
Identive
Infineon Technologies
Inside Secure
Mediatek
NXP Semiconductors
On Track Innovations(OTI)
Renesas Electronics
Samsung Electronics
Stmicroelectronics
Texas Instruments
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.
Market Analysis and Insights: Global Near Field Communications (NFC) Market
The research report studies the Near Field Communications (NFC) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Near Field Communications (NFC) market size is projected to reach US$ 45020 million by 2026, from US$ 25920 million in 2020, at a CAGR of 9.6% during 2021-2026.
Global Near Field Communications (NFC) Scope and Segment
The global Near Field Communications (NFC) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Near Field Communications (NFC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
Segment by Type, the Near Field Communications (NFC) market is segmented into
PC & laptop
Smartphone & Tablet
Others
Segment by Application, the Near Field Communications (NFC) market is segmented into
Banking & Finance
Retail
Automotive
Transportation
Medical & Healthcare
Residential & Commercial
Consumer Electronics
Others
Global Near Field Communications (NFC) market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The major vendors covered:
Broadcom
DeviceFidelity
Gemalto
Huawei Technologies
Identive
Infineon Technologies
Inside Secure
Mediatek
NXP Semiconductors
On Track Innovations(OTI)
Renesas Electronics
Samsung Electronics
Stmicroelectronics
Texas Instruments
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.