world near field communication market - opportunities and forecasts, 2014 - 2020
TRANSCRIPT
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World Near Field
Communication Market -
Opportunities and Forecasts,
2014 - 2020
Category : Telecom
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Introduction to Report
Launch Date: December 1, 2015
Number of Pages: 110
Geography Coverage: Global
Available Format: PDF
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Price For Global User License: USD 10,680
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About the Report
World Near Field Communication Market - Opportunities and Forecasts, 2014-2020, forecasts that the World Near Field Communication Market, would garner a revenue of $24.0 billion by 2020, registering a CAGR of 40.4% during the forecast period from 2015-2020.
North America dominates the world NFC market, owing to the huge demand exhibited by the U.S. for near field communication technology. However, Asia-Pacific region is expected to exhibit a faster growth over the forecast period 2015-2020.
In 2014, 1.2 billion smartphones were sold worldwide, which further increased by 7% in the first quarter of 2015.
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Key Highlights:
Near field communication (NFC) is a set of wireless technologies that use magnetic field to facilitate communication between devices when they are kept within a radius of 10 cm from each other.
The world near field communication market was valued at $3.2 billion in 2014 and is expected to grow at a CAGR of 40.4% during the forecast period (2015-2020), to reach $24.0 billion by 2020. The world near field communication market has exhibited moderate growth during the past few years; however, it is expected to exhibit robust growth during the forecast period.
Increasing penetration of smartphones for convenient & secure online transactions and growing popularity of contactless payments are some key factors driving the global NFC technology market.
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Key Highlights Continues… Smartphone is the most common NFC enabled device
available in the market. These smartphones allow users to interact with other devices such as in-car infotainment system, PCs and laptops to access information & others.
The world near field communication (NFC) market is segmented on the basis of product type, devices, application and geography.
Based on the products available, the market is segmented into auxiliary and non-auxiliary products. NFC tags, NFC chips, and NFC readers are key types of non-auxiliary products, whereas NFC enabled sim and others (NFC covers and cards) are the key auxiliary products discussed in the report.
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Key Highlights Continues… Based on the device type, the market is segmented into
smartphone & tablets, PC & laptops and others (infotainment and stereo headphone). Further, NFC technology finds its major applications in mobile/contactless payment, information sharing, user authentication & access control, monitoring healthcare systems and others (service initiation, ticketing, advertising/marketing and inventory management).
Based on geography, the world near field communication (NFC) market is analyzed into North America, Europe, Asia-Pacific and LAMEA (Latin America Middle East and Africa).
North America and Europe, are the major adopters of NFC enabled smartphones and tablets. However, Asia-Pacific would witness the highest CAGR of 43.1%, during the forecast period.
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Key Benefits:
The report provides a competitive scenario of the world near field communication market with current and future growth trends, structure, driving factors, scope, opportunities and challenges. The report includes a comprehensive analysis of market segments to provide insights about the market dynamics
Porters five forces analysis provides inputs on the potential of buyers and suppliers and highlights the competitive structure of the market that would enable market players to devise effective growth strategies and facilitate better decision-making
Value chain analysis provides key inputs on the role of different stakeholders involved at various stages of the value chain. SWOT analysis of the key market players highlight the essential strengths and potential opportunities in the market
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Report Coverage:
1. Introduction
2. Executive Summary
3. Market Overview
4. World Near Field Communication Market By Product Type
5. World Near Field Communication Market By Devices
6. World Near Field Communication Market By Application
7. World In-car Infotainment Market By Geogr
8. Company Profile
For more details regarding Report coverage see the last slideAll logos and Images mentioned on this slide belong to their respective owners.
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Company Coverage:1. Infineon Technologies AG
2. Apple Inc.
3. SONY Corporation
4. Toshiba Corporation
5. NXP Semiconductors N.V.
6. Samsung Electronics Co. Ltd.
7. Broadcom Corporation
8. Texas Instruments Incorporated
9. STMicroelectronics N.V.
10. INSIDE Secure
For more details regarding Company coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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