The Frost & Sullivan research service titled Market Communique: 'Near Field Communication - Movers and Shakers Speak' provides an overview of the near field communication market, analysing the main drivers and restraints affecting the industry and the key challenges that the industry participants face. In this research, Frost & Sullivan's expert analysts thoroughly examine the involvement of different stakeholders of this ecosystem, driving factors for the adoption of this technology, potential opportunities and market forecasts.
The following technologies are covered in this research:
-Near Field Communication (NFC): NFC is one of the latest wireless network technologies that can provide simple and safe communication between electronic devices. It is primarily a short-range wireless connectivity technology, where communication would be possible when two NFC-compatible devices are brought together within four centimeters of one another. -WiFi: WiFi allows wireless connectivity in peer-to-peer mode. A WiFi enabled device can connect to the internet when in proximity of an access point. -Radio Frequency Identification (RFID): RFID is an automatic identification method and relies on storing and remotely retrieving data. -Single Wire Protocol (SWP): SWP is likely to be adopted as a standardized protocol which will be used for connection between the SIM card and the NFC chip. -MIFARE: MIFARE is the most widely installed contactless smartcard technology in the world. -FeliCa: This is contactless IC smart card system, primarily used in electronic money cards.
