World Near Field Communication (NFC) Market Scrutinized in Cutting-edge Allied Market Research Report Published at

14 Mar 2016 • by Natalie Aster

LONDON – A set of wireless technologies facilitating communication between devices that are kept at a radius of up to 100 millimeters from each other, the near field communication (NFC) marketplace is gaining momentum.

As of 2014, the worldwide NFC market amounted to USD 3.2 billion in terms of value. The market is set to reach USD 24 billion by 2020, growing at a 40.4% CAGR from 2015 till 2020. It is driven by a range of factors, including enhancing penetration of smartphones being utilized for secure and convenient online transactions, escalating popularity of adoption of contactless payments, and more.

The global NFC market will be dominated by APAC, since this region is expected to grow at the highest CAGR of 43.1% through 2020.

Key participants in the global NFC marketplace comprise Apple Inc., Infineon Technologies, NXP Semiconductors, Broadcom Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, etc.

Cutting-edge research report “World Near Field Communication Market - Opportunities and Forecasts, 2014 – 2020” provides a 360-degree overview of the global NFC market, including a granular analysis of the current situation in the market as well as an future outlook for the market up to 2020. This study provides valuable information on a market structure, driving factors, scope, opportunities and challenges. The research publication includes a comprehensive analysis of market segments (by product type, by devices, by applications and by geography). A value chain analysis, SWOT analysis and Porters five forces analysis are also available in the report. Examination of the competitive landscape and detailed profiles of top ten companies are included in this study, too.

Report Details:

World Near Field Communication Market - Opportunities and Forecasts, 2014 – 2020
Published: December, 2015
Pages: 110
Price: US$ 4,515.00

More research studies by our market research partner can be easily found at Allied Market Research (AMR) page.


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