The market for NFC is expected to indicate rapid growth in future with the increasing adoption of mobile commerce and NFC standards at a global level. Potential scope for a large number of applications such as data sharing, payment making, tag applications, banking operations and others will drive the NFC systems market. In its nascent stage, the market may find the lack of presence for auxiliary equipment required for Near Field Communication which may slow down the growth of NFC systems market. The report includes critical examination of key factors influencing the market with an analysis of market drivers and restraints.
North America and Europe are the leading regions for the NFC systems market owing to the rapid technological evolution in countries such as U.S., Canada, Mexico, U.K, Germany and others. The report showcases the scope and opportunities for the NFC systems market at a global level covering various market segments based on products, applications and geography.
The major players in this market are Gemalto, Broadcom, Infineon Technologies, Inside Secure, NXP Semiconductors, MediaTek, Samsung Electronics Corporation, Renesas Electronics Corporation, Texas Instruments and STMicroelectronics NV. The report highlights the analysis of key players along with their product portfolios, financials, strategies and recent developments.
KEY BENEFITS
The study features extensive research of the NFC systems market and illustrates the current and future orientation of its market position
The report provides a current market scenario with a forecast through 2014-2020, considering 2013 as the base year
A detailed analysis of market segments measures the potential of market. These segments outline the favourable conditions for growth of the NFC systems market
The report covers an in-depth analysis of the key factors influencing the NFC systems market
Porters Five Forces model is used to analyse the potency of buyers & suppliers, and highlight the competitive structure of the market, to enable the market players in developing effective strategies
Industry Value chain analysis highlights the key intermediaries involved and elaborates their roles and value addition at every stage in the chain
NEAR FIELD COMMUNICATION SYSTEM MARKET SEGMENTATION
The market is segmented on the basis of Product, Application and Geography.
Market by Product:
Principle products
NFC Tags
NFC Readers
NFC IC/chips
Auxiliary products
Market by Application:
Data sharing
Payment making
Tag applications
Banking operations
Others
Market by Geography:
North America (NA)
Europe (EU)
Asia Pacific
LAMEA
KEY PLAYERS
Gemalto
Broadcom
Infineon Technologies
Inside Secure
NXP Semiconductors
MediaTek
Samsung Electronics Corporation
Renesas Electronics Corporation
Texas Instruments
STMicroelectronics NV
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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