Global NFC Transaction Market 2016-2020

  • ID: 3844073
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
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FEATURED COMPANIES

  • American Express
  • Broadcom
  • Google
  • INSIDE Secure
  • MediaTek
  • NXP Semiconductors
  • MORE
About NFC Technology
NFC technology is a short-range (around10 centimeters) connection that adheres to technology standards and uses high-frequency wireless communication technology to exchange data between devices. It has revolutionized the ways in which people access and use information. NFC-enabled devices are used for applications such as mobile payment, ID authentication, transportation, and loyalty programs.

The analysts forecast the global NFC transaction market to grow at a CAGR of 55.23% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global NFC transaction market for 2016-2020. To calculate the market size, the report considers the revenue generated from the NFC transaction done through mobile devices and wearables.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global NFC Transaction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Apple
- Google
- MasterCard
- PayPal
- Samsung
- Visa

Other prominent vendors
- American Express
- Broadcom
- Gemalto
- Infineon Technologies
- INSIDE Secure
- MediaTek
- Nokia
- NXP Semiconductors
- Qualcomm
- Renesas Electronics

Market drivers
- Increased adoption of mobile payment and digital wallet service
- For a full, detailed list, view the full report

Market challenges
- Interoperability issues across the value chain
- For a full, detailed list, view the full report

Market trends
- Increased awareness about mobile wallet
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • American Express
  • Broadcom
  • Google
  • INSIDE Secure
  • MediaTek
  • NXP Semiconductors
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • End-user segment
  • Base year
  • Vendor segmentation
  • Summation errors
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Product life cycle
  • Global mobile transaction market
  • Global NFC transaction market
  • Five forces analysis
PART 06: Influence of other markets on NFC transaction
  • Influence of other NFC markets on NFC transactions
  • External factors affecting NFC transaction
  • Workflow of NFC transaction
  • NFC transaction: Value chain
PART 07: Market segmentation by platform
  • Global NFC transaction market by platform
  • Global NFC transaction market by mobile device
  • Global NFC transaction market by wearable device
PART 08: Buying criteria

PART 09: Geographical segmentation
  • Global NFC transaction market by geography
  • NFC transaction market in Americas
  • NFC transaction market in EMEA
  • NFC transaction market in APAC
PART 10: Key leading countries

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape
  • Competitive scenario
  • Key leading vendors
  • Key highlights
  • Other prominent vendors
PART 17: Appendix
  • List of abbreviations
PART 18: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Overview of global NFC transaction market
Exhibit 03: Product life cycle of NFC transaction
Exhibit 04: Global mobile transaction market 2015-2020 ($ billions)
Exhibit 05: Type of mobile payment technology 2015
Exhibit 06: Share of NFC transaction in global mobile payment market 2015-2020
Exhibit 07: Global NFC transaction market 2015-2020 ($ billions)
Exhibit 08: Number of NFC transaction users in 2015-2020 (millions)
Exhibit 09: Number of NFC transactions 2015-2020 (billions of transactions)
Exhibit 10: Five forces analysis
Exhibit 11: Influence of other NFC markets on NFC transactions
Exhibit 12: Global NFC handset market 2015-2020 (millions of unit)
Exhibit 13: Value chain of NFC devices
Exhibit 14: Global NFC POS terminal market 2015-2020 (millions of unit)
Exhibit 15: NFC POS terminal ecosystem
Exhibit 16: NFC ecosystem
Exhibit 17: External factors affecting NFC transaction
Exhibit 18: Workflow of NFC transaction
Exhibit 19: Value chain of NFC transaction
Exhibit 20: Global NFC transaction market by platform 2015
Exhibit 21: Global NFC transaction market by platform 2015-2020
Exhibit 22: Revenue comparison of global NFC transaction market by platform 2015-2020 ($ billions)
Exhibit 23: CAGR comparison of global consumer book publishing market by type 2015-2020 (revenue)
Exhibit 24: Global NFC transaction market by mobile device 2015-2020 ($ billions)
Exhibit 25: Global NFC transaction market by wearable device 2015-2020 ($ billions)
Exhibit 26: Buying criteria
Exhibit 27: Global NFC transaction market by geography 2015
Exhibit 28: Global NFC transaction market by geography 2015-2020
Exhibit 29: Revenue comparison of global NFC transaction market by geography 2015-2020 ($ billions)
Exhibit 30: CAGR comparison of global NFC transactions market by type 2015-2020 (revenue)
Exhibit 31: NFC transaction market in Americas 2015-2020 ($ billions)
Exhibit 32: NFC transaction market in EMEA 2015-2020 ($ billions)
Exhibit 33: NFC transaction market in APAC 2015-2020 ($ billions)
Exhibit 34: Key leading countries in global NFC transaction market 2015
Exhibit 35: Impact of drivers
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Key highlights of the leading company 2015
Exhibit 38: Other prominent vendors 2015
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FEATURED COMPANIES

  • American Express
  • Broadcom
  • Google
  • INSIDE Secure
  • MediaTek
  • NXP Semiconductors
  • MORE
New Report Released: – Global NFC Transaction Market 2016-2020

The author of the report recognizes the following companies as the key players in the global NFC transaction market: Apple, Google, MasterCard, PayPal, Samsung, and Visa.

Other Prominent Vendors in the market are: American Express, Broadcom, Gemalto, Infineon Technologies, INSIDE Secure, MediaTek, Nokia, NXP Semiconductors, Qualcomm, and Renesas Electronics.

Commenting on the report, an analyst from the research team said: “The emergence of host card emulation (HCE) is one of the latest trends leading to market growth. HCE is an on-device technology that enables mobile or a wearable device to perform card emulation on an NFC-enabled device without relying on access to a secure element (SE). The introduction of NFC platforms based on HCE has potentially high implications for NFC stakeholders, provided it would reshape both; the value chain and the attendant business models. Also, the additional security provided by the inbuilt security feature of smartphones such as fingerprint reader, and iris scanner act as an additional layer of security for HCE.”

According to the report, extensive use of mobile devices for payments will be a key driver for market growth. Mobile payments have become popular with the increased adoption of mobile devices and wearables. Vendors are deploying NFC POS terminals as they are flexible and facilitate hassle-free mobile payments. The NFC POS terminals also increase the value proposition and effectiveness of their marketing efforts. Thus, the growing implementation of NFC POS terminals at retail outlets is expected to boost the growth the market during the forecast period.

Further, the report states that despite NFC being more secure than any other form of payment technology, including magnetic strip cards and debit cards, the adoption of NFC payment among consumers using smartphones continues to be slow. This is because of the popularity of alternative contactless payment solutions, which pose a challenge for NFC payment vendors. Market vendors need to ensure that payments through mobile wallets and NFC terminals must offer value-added services such as promotional discounts, coupons, and loyalty schemes to attract and benefit the end-users.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Apple
- Google
- MasterCard
- PayPal
- Samsung
- Visa
- American Express
- Broadcom
- Gemalto
- Infineon Technologies
- INSIDE Secure
- MediaTek
- Nokia
- NXP Semiconductors
- Qualcomm
- Renesas Electronics.
Note: Product cover images may vary from those shown
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