Market Overview:
The global near field communication (NFC) systems market is expected to grow at a CAGR of over 20% during the forecast period from 2018 to 2030. The growth in the NFC systems market can be attributed to the increasing demand for NFC-enabled smartphones and tablets, rising adoption of NFC technology in retail and commercial sectors, and growing demand for contactless payments. In addition, increasing awareness about the benefits of NFC technology is also contributing to the growth of this market. On the basis of type, non-auxiliary products accounted for a larger share of the global NFC systems market in 2017. However, auxiliary products are expected to grow at a higher CAGR during 2018–2030 owing to their growing adoption in various applications such as smart TVs, automobiles, gaming consoles etc. On the basis of application, smartphones & tablets accounted for majority share of revenue generated by use cases employing NFC technology in 2017; however PCs & laptops are anticipated witness highest CAGR during 2018-2030 owing increased penetration rates across developed markets such as North America.
Product Definition:
Near field communication (NFC) is a technology that allows two devices, such as a smartphone and a contactless payment card, to communicate with each other by bringing them within close proximity, usually no more than 4 cm (1.6 in). NFC systems are used in contactless payment systems, identification cards, and other applications where it is desirable to have short-range wireless communication between devices.
Non-auxiliary products:
Non-auxiliary products are those devices which do not fall under the category of essential services. They are used in Near Field Communication (NFC) systems for enhancing customer experience and increasing the adoption rate of NFC-enabled smartphones, tablets and other devices. Non-auxiliary products can be further classified into three categories: payment, ticketing & identification, and data storage.
Auxiliary products:
Auxiliary products are devices or equipment that enhance the performance of Near Field Communication (NFC) systems. They include readers, writers, tags, and scanners. NFC is a wireless technology used for communication between mobile phones and electronic payment cards in the range of 4cm to 10 cm. It provides various benefits such as fast transaction times and ease in paying by using smart-phones or computers with card terminals at various retail outlets such as supermarkets & departmental stores etc.
Application Insights:
The smartphone and tablets segment accounted for the largest revenue share in 2016. The growth can be attributed to the increasing usage of smartphones and tablets across the globe. Moreover, NFC technology embedded in these devices enables easy connectivity with other devices, making it popular across various applications.
The PC & laptops segment is expected to register a notable CAGR over the forecast period owing to increased demand for near field communication technology based products among consumers especially in developed regions like North America and Europe. Consumers are preferring PCs over netbooks or laptops as they offer better connectivity options such as Wi-Fi Hotspots, Bluetooth etcetera leading to an enhanced experience of using computers at consumer endpoints such as retail stores or public areas where mobile data charges are expensive.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing adoption of NFC technology for various applications such as mobile payments, consumer electronics, and supply chain management. Increasing smartphone penetration in developing economies including China and India is anticipated to drive the regional market further.
The European region accounted for more than 20% of the overall revenue share in 2017 owing to high demand from automobile manufacturers for near field communication enabled infotainment systems in automobiles. North America also contributed significantly towards growth due to increasing investments by companies such as Google Inc., Apple Inc., Qualcomm Technologies Inc.
Growth Factors:
- Increasing demand for NFC-enabled smartphones and other mobile devices
- Proliferation of contactless payment systems
- Growing popularity of NFC-based marketing and advertising campaigns
- Rising demand for secure wireless communication technologies
- accelerating deployment of NFC-based transit systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Near Field Communication Systems Market Research Report
By Type
Non-auxiliary products, Auxiliary products
By Application
Smartphone & Tablets, PCs & Laptops, Others
By Companies
Gemalto, Broadcom, Infineon, Inside Secure, NXP, MediaTek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Near Field Communication Systems Market Report Segments:
The global Near Field Communication Systems market is segmented on the basis of:
Types
Non-auxiliary products, Auxiliary products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smartphone & Tablets, PCs & Laptops, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gemalto
- Broadcom
- Infineon
- Inside Secure
- NXP
- MediaTek
Highlights of The Near Field Communication Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-auxiliary products
- Auxiliary products
- By Application:
- Smartphone & Tablets
- PCs & Laptops
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Near Field Communication Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Near Field Communication Systems (NFC) are a type of wireless technology that allows two devices to communicate with each other within a few inches. This technology is often used in mobile payments and other similar applications.
Some of the major players in the near field communication systems market are Gemalto, Broadcom, Infineon, Inside Secure, NXP, MediaTek.
The near field communication systems market is expected to register a CAGR of 20%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Near Field Communication Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Near Field Communication Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Near Field Communication Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Near Field Communication Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Near Field Communication Systems Market Size & Forecast, 2018-2028
4.5.1 Near Field Communication Systems Market Size and Y-o-Y Growth
4.5.2 Near Field Communication Systems Market Absolute $ Opportunity
Chapter 5 Global Near Field Communication Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Near Field Communication Systems Market Size Forecast by Type
5.2.1 Non-auxiliary products
5.2.2 Auxiliary products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Near Field Communication Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Near Field Communication Systems Market Size Forecast by Applications
6.2.1 Smartphone & Tablets
6.2.2 PCs & Laptops
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Near Field Communication Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Near Field Communication Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Near Field Communication Systems Analysis and Forecast
9.1 Introduction
9.2 North America Near Field Communication Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Near Field Communication Systems Market Size Forecast by Type
9.6.1 Non-auxiliary products
9.6.2 Auxiliary products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Near Field Communication Systems Market Size Forecast by Applications
9.10.1 Smartphone & Tablets
9.10.2 PCs & Laptops
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Near Field Communication Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Near Field Communication Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Near Field Communication Systems Market Size Forecast by Type
10.6.1 Non-auxiliary products
10.6.2 Auxiliary products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Near Field Communication Systems Market Size Forecast by Applications
10.10.1 Smartphone & Tablets
10.10.2 PCs & Laptops
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Near Field Communication Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Near Field Communication Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Near Field Communication Systems Market Size Forecast by Type
11.6.1 Non-auxiliary products
11.6.2 Auxiliary products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Near Field Communication Systems Market Size Forecast by Applications
11.10.1 Smartphone & Tablets
11.10.2 PCs & Laptops
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Near Field Communication Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Near Field Communication Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Near Field Communication Systems Market Size Forecast by Type
12.6.1 Non-auxiliary products
12.6.2 Auxiliary products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Near Field Communication Systems Market Size Forecast by Applications
12.10.1 Smartphone & Tablets
12.10.2 PCs & Laptops
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Near Field Communication Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Near Field Communication Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Near Field Communication Systems Market Size Forecast by Type
13.6.1 Non-auxiliary products
13.6.2 Auxiliary products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Near Field Communication Systems Market Size Forecast by Applications
13.10.1 Smartphone & Tablets
13.10.2 PCs & Laptops
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Near Field Communication Systems Market: Competitive Dashboard
14.2 Global Near Field Communication Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gemalto
14.3.2 Broadcom
14.3.3 Infineon
14.3.4 Inside Secure
14.3.5 NXP
14.3.6 MediaTek
