Near Field Communication (NFC) is an emerging technology. Devices using NFC technology (such as mobile phones) can exchange data when they are close to each other. It is powered by non-contact radio frequency identification (RFID). ) and interconnection technology integration, by integrating the functions of inductive card readers, inductive cards and point-to-point communication on a single chip, mobile terminals are used to realize mobile payment, electronic ticketing, access control, mobile identity recognition, and anti-counterfeiting. and other applications.
The global market for Near Field Communication Systems was estimated to be worth US$ 23100 million in 2023 and is forecast to a readjusted size of US$ 54680 million by 2030 with a CAGR of 13.1% during the forecast period 2024-2030
The definite growth in NFC market revenue can be attributed to the growing trend of mobile commerce. NFC, GPS, and universal barcodes are the three major technologies used in mobile commerce. The term near field communication or NFC refers to the use of radio waves to transmit payment information. Transferring from one device to another only takes a few centimeters to work. The trend of smartphones becoming all-in-one devices that meet the various needs of modern consumers will naturally extend with the development of digital wallets. Consumers can decide not to carry a wallet and start paying exclusively with their smartphone, which is operationally convenient.
The increasing popularity of wearable technology is another factor driving market revenue growth. Owing to the rapid development of the sports industry and the rising trend of users using activity trackers, the adoption of more advanced wearable technologies is increasing. Wi-F and Bluetooth built-in connectivity technologies are increasingly integrated with near field communication (NFC) and wireless charging technology in wristbands, using EMVCO compliant technology for contactless payments via NFC. It's obviously convenient to be able to shop without having to pull out your wallet, or to go out for a run without taking your phone or wallet.
Global Leading Market Research Publisher QYResearch announces the release of its latest report “Near Field Communication Systems - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Near Field Communication Systems market, including market size, share, demand, industry development status, and forecasts for the next few years.
The report provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
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Global Near Field Communication Systems Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2019 to 2030, as well as the production volume by region during the same period.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Near Field Communication Systems market is segmented as below:
By Company
Gemalto
Broadcom
Infineon
Inside Secure
NXP
Texas Instruments Incorporated
Qualcomm Technologies, Inc
STMicroelectronics
Samsung
Renesas Electronics Corporation
Intel Corporation
Toshiba Corporation
ams-OSRAM AG
Sony
MediaTek
Segment by Type
Non-auxiliary products
Auxiliary products
Segment by Application
Smartphone & Tablets
PCs & Laptops
Others
Each chapter of the report provides detailed information for readers to further understand the Near Field Communication Systems market:
Chapter 1: Near Field Communication Systems Market Product Definition, Product Types, Sales Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Household Hazardous Waste Disposal, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Near Field Communication Systems industry.
Chapter 3: Near Field Communication Systems Market Historical (2019-2023) and forecast (2024-2030) sales and revenue analysis of Near Field Communication Systems in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Near Field Communication Systems Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 5 to 9: Near Field Communication Systems Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Near Field Communication Systems introduction, etc. Near Field Communication Systems Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, including raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Near Field Communication Systems market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Table of Contents
1 Near Field Communication Systems Market Overview
1.1Near Field Communication Systems Product Overview
1.2 Near Field Communication Systems Market by Type
1.3 Global Near Field Communication Systems Market Size by Type
1.3.1 Global Near Field Communication Systems Market Size Overview by Type (2019-2030)
1.3.2 Global Near Field Communication Systems Historic Market Size Review by Type (2019-2024)
1.3.3 Global Near Field Communication Systems Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America Near Field Communication Systems Sales Breakdown by Type (2019-2024)
1.4.2 Europe Near Field Communication Systems Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Near Field Communication Systems Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Near Field Communication Systems Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Near Field Communication Systems Sales Breakdown by Type (2019-2024)
2 Near Field Communication Systems Market Competition by Company
2.1 Global Top Players by Near Field Communication Systems Sales (2019-2024)
2.2 Global Top Players by Near Field Communication Systems Revenue (2019-2024)
2.3 Global Top Players by Near Field Communication Systems Price (2019-2024)
2.4 Global Top Manufacturers Near Field Communication Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Near Field Communication Systems Market Competitive Situation and Trends
2.5.1 Near Field Communication Systems Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Near Field Communication Systems Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Near Field Communication Systems as of 2023)
2.7 Date of Key Manufacturers Enter into Near Field Communication Systems Market
2.8 Key Manufacturers Near Field Communication Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
...
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