Press release
NFC Technology Market: Advantages, Limits and Future Scope
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NFC technology market is expected to grow at compounded annual growth rate of 68.8% owing to increase in market share of SIM based model and handset embedded model in near future. NFC technology is rapidly adopted in number of mobile applications, thus adding to the growth of NFC technology industry. This technology is largely implemented in developed economies like North America and Europe which are the major contributors in NFC chips industry sharing over more than 60% of the total market share. NFC technology is expected to grow rapidly in Asia Pacific market owing to increasing use of mobile phones and wireless applications.
Market Segmentation
Based on Product
NFC Chip
Micro SD Card
Integrated SIM
Reader and Middleware
Based on Application
Mobile Payment
Ticketing
Booking
Data Sharing
Access Control
Infotainment
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This research report analyzes this market depending on its major market segments and geographies. Geographical regions analyzed under this report are
Europe
North America
Asia Pacific
Rest of the World
This research report provides complete analysis of
Major Industry Segments
Growth Drivers
Factors Affecting Market Growth
Market Structure
Industry Capacity and
Market Projections for near Future
Browse Market Research Report @ https://www.transparencymarketresearch.com/nfc-technology-market.html
This report also includes analysis of current technological developments in NFC technology industry, Porter’s five force model analysis, and detailed company profiles of top industry players. This report provides review of micro and macro factors significant with respect to existing market players and new entrants along with detailed value chain analysis.
Major Players
Some key players dominating this market are as follows:
Sony Corporation, NXP Semiconductors, Oberthur Technologies, Mastercard, Nokia Corporation, Identive Group Inc., Gemalto NV, Broadcom (U.S.), Renesas (Japan), American Express Company, AT & T Inc., Barclays, DeviceFidelity Inc., Google Inc., Infineon Technologies AG, Ingenico SA, Inside Secure, NTT Docomo Inc., Paypal Ltd., Research in Motion Ltd., Samsung Electronics Co. Ltd., Sandisk Corp., ST Microelectronics NV, Texas Instruments, Toshiba Corporation, Tyfone Inc., Verifone Systems Inc., Visa Inc., and others.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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