Global NFC Systems Market 2017-2021 - Product Image

Global NFC Systems Market 2017-2021

  • ID: 4312821
  • Report
  • Region: Global
  • 71 pages
  • TechNavio
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FEATURED COMPANIES

  • Broadcom
  • INSIDE SECURE
  • MediaTek
  • NXP Semiconductors
  • Qualcomm
  • Renesas Electronics
  • MORE
NFC systems bring two devices in close proximity to enable peer-to-peer communication. End-users use this technology to transfer information from their devices to other NFC devices, such as smartphones and NFC tags. The system directly transfers data between phones or phones and POS devices. Many mobile phone operators are looking for ways to further develop this technology.

The report forecasts that the global NFC systems market to grow at a CAGR of 13.43% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global NFC systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of NFC systems to various industries.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
This report, Global NFC Systems Market 2017-2021, 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 operating in this market.

Key vendors:
  • Broadcom
  • INSIDE SECURE
  • MediaTek
  • NXP Semiconductors
  • Renesas Electronics
  • Sony
Other prominent vendors:
  • Qualcomm
  • Smartrac
  • STMicroelectronics
  • SanDisk
Market drivers:
  • Increasing awareness about NFC technology among merchants
  • For a full, detailed list, view this report
Market challenges:
  • Growing demand for upgraded NFC POS terminals
  • For a full, detailed list, view this report
Market trends:
  • Emergence of HCE
  • For a full, detailed list, view this report
Key questions answered in this report:
  • What will the market size be in 2021 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
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FEATURED COMPANIES

  • Broadcom
  • INSIDE SECURE
  • MediaTek
  • NXP Semiconductors
  • Qualcomm
  • Renesas Electronics
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Market outline
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by product
  • Global NFC systems market by product
  • Global NFC systems market by NFC readers
  • Global NFC systems market by NFC chips
  • Global NFC systems market by NFC tags
  • Global NFC systems market by others
Part 07: Market segmentation by industry
  • Global NFC systems market by industry
  • Global NFC systems market in retail industry
  • Global NFC systems market in automotive industry
  • Global NFC systems market in transportation industry
  • Global NFC systems market in other industries
Part 08: Geographical segmentation
  • Global NFC systems market by geography
  • NFC systems market in Americas
  • NFC systems market in EMEA
  • NFC systems market in APAC
Part 09: Key leading countries
  • NFC systems market in US
  • NFC systems market in UK
  • NFC systems market in China
Part 10: Decision framework

Part 11: Drivers and challenges
  • Market drivers
  • Market challenges
Part 12: Market trends
  • Emergence of HCE
  • Rising adoption of NFC technology in APAC and Africa
  • Growing penetration of NFC-enabled handsets
  • Increased awareness about mobile wallets
Part 13: Vendor landscape
  • Competitive scenario
  • Key vendors
  • Other prominent vendors
Part 14: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: Global NFC systems market: Overview
Exhibit 02: Global NFC systems market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global NFC systems market by product 2016-2021 (% share)
Exhibit 05: Global NFC systems market by NFC readers 2016-2021 ($ billions)
Exhibit 06: Global NFC systems market by NFC chips 2016-2021 ($ billions)
Exhibit 07: Global NFC systems market by NFC tags 2016-2021 ($ billions)
Exhibit 08: Global NFC systems market by others 2016-2021 ($ billions)
Exhibit 09: Global NFC systems market by industry 2016-2021 (% share)
Exhibit 10: Global NFC systems market in retail industry 2016-2021 ($ billions)
Exhibit 11: Global NFC systems market in automotive industry 2016-2021 ($ billions)
Exhibit 12: Global NFC systems market in transportation industry 2016-2021 ($ billions)
Exhibit 13: Global NFC systems market in other industries 2016-2021 ($ billions)
Exhibit 14: Global NFC systems market by geography 2016-2021 (% share)
Exhibit 15: NFC systems market in Americas 2016-2021 ($ billions)
Exhibit 16: NFC systems market in EMEA 2016-2021 ($ billions)
Exhibit 17: NFC systems market in APAC 2016-2021 ($ billions)
Exhibit 18: Key leading countries 2016
Exhibit 19: NFC systems market in US 2016-2021 ($ billions)
Exhibit 20: NFC systems market in UK 2016-2021 ($ billions)
Exhibit 21: NFC systems market in China 2016-2021 ($ billions)
Exhibit 22: Global NFC systems market by vendor 2016 (% share)
Exhibit 23: Broadcom: Business segmentation 2016
Exhibit 24: INSIDE SECURE: Business segmentation 2016
Exhibit 25: MediaTek: Business segmentation 2016
Exhibit 26: NXP Semiconductors: Business segmentation 2016
Exhibit 27: Renesas Electronics: Business segmentation 2016
Exhibit 28: Business segmentation by revenue 2016 (% share)
Exhibit 29: Geographical segmentation by revenue 2016 (% share)
Exhibit 30: Recent developments
Exhibit 31: Other prominent vendors
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FEATURED COMPANIES

  • Broadcom
  • INSIDE SECURE
  • MediaTek
  • NXP Semiconductors
  • Qualcomm
  • Renesas Electronics
  • MORE
New Research Report - Global NFC Systems Market 2017-2021

Other Prominent Vendors in the market are: Qualcomm, Smartrac, STMicroelectronics, and SanDisk.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is emergence of HCE. The emergence of host card emulation (HCE) is one of the latest trends in the market. HCE wearable devices and smartphones perform card emulation on NFC-enabled devices without depending on a secure element. If NFC system vendors reshape the value chain and the business model and introduce the use of HCE, the market will likely grow. Built-in security features, such as an iris scanner and fingerprint reader, are additional safety features for HCE.”

According to the report, one of the major drivers for this market is increasing awareness about NFC technology among merchants. The increasing awareness about NFC technology among merchants has resulted in the growing adoption of NFC systems, which is driving the growth of the global NFC systems market. NFC systems help merchants obtain operating cost benefits, such as reduced cash processing, and more effective consumer engagement. Apart from providing easy and quick transactions, merchants can employ NFC systems for loyalty programs, marketing, and providing information about products customers are likely to purchase. These benefits of NFC systems will likely lead to their high adoption among merchants, thus increasing the growth prospects of the market.

Further, the report states that one of the major factors hindering the growth of this market is growing demand for upgraded NFC POS terminals. In the last five to eight years, retailers have focused on cutting costs and enhancing operational efficiency. Retailers that are established in unprofitable locations tend to discontinue operations and sell their assets, which include NFC POS terminals. To cut costs and reduce the overall cost of ownership, other retailers operating in the same market or location, buy these NFC POS terminals. Buying used or refurbished devices reduces initial investments as these devices have a lifespan of three to four years. Several retailers upgrade their POS terminals by integrating them with NFC chips. The growing demand for used or upgraded NFC POS terminals is likely to reduce the profitability of vendors in the global NFC POS terminals market.

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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  • Broadcom
  • INSIDE SECURE
  • MediaTek
  • NXP Semiconductors
  • Renesas Electronics
  • Sony
  • Qualcomm
  • Smartrac
  • STMicroelectronics
  • SanDisk.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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