Welcome!

IBM Cloud Authors: Elizabeth White, Pat Romanski, Liz McMillan, Yeshim Deniz, John Esposito

News Feed Item

Global NFC Market Driven by Rising Mobile Commerce

DALLAS, August 11, 2014 /PRNewswire/ --

Near Field Communication (NFC) Market by Product (IC/Chips, Tags, Readers, and Auxiliary), Application (Payment, Transportation, Booking, Data Sharing, Service, Access Control, Health Care, and Tag applications) & by Geography - Global Forecasts to 2022 is a June 2014 research report spread across 298 pages and available with ReportsnReports.com at http://www.reportsnreports.com/reports/291277-near-field-communication-nfc-market-by-product-ic-chips-tags-readers-and-auxiliary-application-payment-transportation-booking-data-sharing-service-access-control-health-care-and-tag-applications-by-geography-global-forecasts-to-2022.html . The NFC market is currently witnessing a rapid growth in all its verticals. The NFC market is driven by the increasing trend of mobile commerce. Another driver for this market is that the NFC Forum and GSMA are pushing forward the NFC standard at global level. This report gives an in-depth analysis of the NFC market that includes market by product, market by application and market by geography.

Growing at 8.83% CAGR, total NFC Market is expected to reach $16.25 Billion by 2022. This market is expanding globally and the major market for the NFC ecosystem lies in America. The other regions Europe, APAC and ROW follow the American terms of the NFC market. This report gives an in depth analysis of the major drivers, restraints, and opportunities for this market. Also, a competitive landscape of the major players in the NFC ecosystem is very well illustrated. The NFC is a very dynamic market and entails a great potential across many industry verticals. The advancements in technology due to the never ending R&D in this sector, makes it one of the prominent segments in the current industrial scenario. The NFC products have been experiencing continuous developments right since their inception. The technology has a major role to play in this sector due to the cost effective matrix, and this results into a longer life cycle of products and systems, along with greater reliability. The highlighting features of the NFC technology include high rate of communication with other NFC-enabled devices, better properties to withstand rough environmental conditions, and a longer life that is best suited for the payment, ticketing, booking, and data sharing applications.

This report focuses on giving a detailed view of NFC with respect to the product market, with detailed market segmentations, combined with a qualitative analysis of each and every aspect of the classifications. The NFC market has been divided into three major verticals products, applications, and geography. The product vertical is sub-divided into IC/chips, tags, readers, micro SD cards, SIM cards, and covers. The application vertical has been further sub-divided into payment, transportation, booking, service, data sharing, access control healthcare, and tag applications. The geography has been sub-divided into Americas, Europe, APAC, and ROW. Payment application has the largest market share in terms of value for 2013. Apart from the demand side market drivers, the report also analyzes the supply side drivers. The major players in this field includes: Broadcom (U.S.), Inside Secure (France), Infineon Technologies (Germany), MediaTek (Taiwan), NXP Semiconductors ( Netherlands), Renesas (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), STMicroelectronics (U.S.), Texas Instruments (U.S.), and Gemalto (Netherlands). Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=291277 .

The Near Field Communication (NFC) technology is developing at a very high pace in the overall market. One of the greatest advantages of this technology is that it utilizes less power than the other wireless technologies. This technology has been commercialized in many products, which operate in three modes, namely, card emulation, reader emulation, and peer-to-peer. This technology can be compatible with the existing contactless card infrastructure and this also enables a consumer to utilize one device across multiple systems.

The major Near Field Communications market drivers discussed in this research include Adoption of Smart Homes Appliances and Smart Healthcare Services, Growing Trend Of Mobile Commerce, Enhanced User Experience And Trust Amongst Contactless Card Technologies, Growth In Production Of NFC-Enabled Mobile Phones and Use Of Cost Effective, Smaller Size, And Power Efficient Element (Silicon) In Chips. Short Range Communication, Indifference and Disputes between Key Players in the Value Chain and Only Proprietary Standards are the restraints of the industry as per this research. Opportunities for the new entrants and current market players of near field communications industry include Integrated IC Supporting NFC, Bluetooth, And Wi-Fi, Online And In-Store Payment In Retail and Growing Need Of Connectivity Between Different Devices. Burning issues discussed in this research include Lack Of Consumer Awareness and Need Of Intermediaries Gateway For Mobile Payment (Not An End-To-End Technology), whereas 'winning imperatives' like Innovation In Payment Methods In Emerging Economies and Strategic Coalition Across Value Chain are also covered in the report.

M Commerce Market by Transactions (M Retailing, M Ticketing/Booking, M Billing, Other M Commerce Services), Payment Modes (NFC, Premium SMS, WAP, Carrier Billing), Users (Smart Devices, Feature Phones) - Worldwide Forecasts & Analysis (2014 - 2019) is a April 2014 research report spread across 167 pages. It says in 2014, the M Commerce market of NA accounts for the highest market share in the total M Commerce market. In 2019 as well, NA is expected to be the highest revenue generating segment in the overall M Commerce market. The Y-o-Y growth rates of LA will be on the higher side among the M Commerce market. The LA will be on the higher side among the M Commerce market throughout the forecast period 2014-2019. Companies like Ericsson, Gemalto, Google Inc., IBM Corp, Mastercard Inc., Mopay AG, Oxygen8, PayPal, SAP AG and Visa Inc. are profiled in this research available at http://www.reportsnreports.com/reports/282229-m-commerce-market-by-transactions-m-retailing-m-ticketing-booking-m-billing-other-m-commerce-services-payment-modes-nfc-premium-sms-wap-carrier-billing-users-smart-devices-feature-phones-worldwide-forecasts-analysis-2014-2019-.html .

Explore more reports on the IT & Telecommunications markets at http://www.reportsnreports.com/market-research/information-technology/ .

About Us 

ReportsnReports.com is an online market research reports library of 450,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.

Contact: 

Priyank Tiwari

TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252

Tel: +1-888-391-5441
sales@reportsandreports.com

Connect With Us on: 

Facebook: https://www.facebook.com/pages/ReportsnReports/191441427571689

LinkedIn: www.linkedin.com/company/reportsnreports

Twitter: https://twitter.com/marketsreports

Pinterest: www.pinterest.com/comeonseo/reportsnreports/

RSS/Feeds: http://www.reportsnreports.com/feed/l-latestreports.xml


SOURCE ReportsnReports.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...