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Near Field Communication Market Report: Trends, Forecast and Competitive Analysis

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    Report

  • March 2023
  • Region: Global
  • Lucintel
  • ID: 5003197
The future of the near field communication market looks promising with opportunities in the retail, transportation, automotive, residential and commercial, medical and healthcare, and consumer electronics industries. The near field communication market is expected to grow with a CAGR of 17% from 2019 to 2024. The major drivers for this market are the decreasing prices of NFC chips, adoption of mobile commerce, increasing volume of cashless transactions, and growing adoption of smart appliances.

A more than 150 pages report is developed to help in your business decisions. To learn the scope of, benefits, companies researched and other details of the near field communication market, then read this report.

The study includes a forecast for the cloud Infrastructures market by operating mode, product and software, end use industry, and region as follows:

By Operating Mode [$M shipment analysis for 2013-2024]:
  • Card Emulation
  • Reader Emulation
  • Peer-To-Peer

By Product and Software [$M shipment analysis for 2013-2024]:
  • Auxilliary
  • Non-Auxilliary

By End Use Industry [$M shipment analysis for 2013-2024]:
  • Retail
  • Transportation
  • Medical and Healthcare
  • Residential and Commercial
  • Automotive

By Region [$M shipment analysis for 2013-2024]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • Italy
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of the World

Some of the near field communication companies profiled in this report include NXP Semiconductors, Broadcom, STMicroelectronics, MediaTek, Renesas Electronics, Gemalto, and Texas Instruments

Some of the features of Near field communication Market Report: Trends, Forecast, and Opportunity Analysis include
  • Market size estimates: Near field communication market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
  • Segmentation analysis: Market size by various applications such as by operating mode, product and software, end use industry, and region
  • Regional analysis: Near field communication market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for near field communication in the near field communication market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, near field communication in the near field communication market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the near field communication market by operating mode (card emulation, reader emulation, and peer-to-peer), product and software (non-auxiliary and auxiliary), end use industry (retail, transportation , automotive, residential and commercial, medical and healthcare, and consumer electronics), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the near field communication market?
Q.5 What are the business risks and threats to the near field communication market?
Q.6 What are emerging trends in this Near field communication market and the reasons behind them?
Q.7 What are of the changing demands of customers in the near field communication market?
Q.8 What are the new developments in the near field communication market? Which companies are leading these developments?
Q.9 Who are the major players in this Near field communication market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this near field communication area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this near field communication market?

Table of Contents

1. Executive Summary
2. Industry Background and Classifications
2.1. Introduction, Background, and Classification
2.2. Supply Chain
2.3. Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2013 to 2024
3.1. Macroeconomic Trends and Forecast
3.2. Global Near Field Communication Market Trends and Forecast
3.3. Global Near Field Communication Market by Operating Mode
3.3.1. Card Emulation
3.3.2. Reader Emulation
3.3.3. Peer-To-Peer
3.4. Global Near Field Communication Market by Product and Software
3.4.1. Non-Auxiliary
3.4.2. Auxiliary
3.5. Global Near Field Communication Market by End Use Industry
3.5.1. Retail
3.5.2. Transportation
3.5.3. Automotive
3.5.4. Residential and Commercial
3.5.5. Medical and Healthcare
3.5.6. Consumer Electronics
4. Market Trends and Forecast Analysis by Region
4.1. Global Near Field Communication Market by Region
4.2. North American Near Field Communication Market
4.2.1. Market by End Use Industry: Retail, Transportation , Automotive, Residential and Commercial, Medical and Healthcare, and Consumer Electronics
4.2.2. Market by Operating Mode: Card Emulation, Reader Emulation, and Peer-To-Peer
4.2.3. United States Near Field Communication Market
4.2.4. Canadian Near Field Communication Market
4.2.5. Mexican Near Field Communication Market
4.3. European Near Field Communication Market
4.3.1. Market by End Use Industry: Retail, Transportation , Automotive, Residential and Commercial, Medical and Healthcare, and Consumer Electronics
4.3.2. Market by Operating Mode: Card Emulation, Reader Emulation, and Peer-To-Peer
4.3.3. German Near Field Communication Market
4.3.4. Italian Near Field Communication Market
4.3.5. The UK Near Field Communication Market
4.4. APAC Near Field Communication Market
4.4.1. Market by End Use Industry: Retail, Transportation , Automotive, Residential and Commercial, Medical and Healthcare, and Consumer Electronics
4.4.2. Market by Operating Mode: Card Emulation, Reader Emulation, and Peer-To-Peer
4.4.3. Chinese Near Field Communication Market
4.4.4. Indian Near Field Communication Market
4.4.5. Japanese Near Field Communication Market
4.5. ROW Near Field Communication Market
4.5.1. Market by End Use Industry: Retail, Transportation , Automotive, Residential and Commercial, Medical and Healthcare, and Consumer Electronics
4.5.2. Market by Operating Mode: Card Emulation, Reader Emulation, and Peer-To-Peer
5. Competitor Analysis
5.1. Product Portfolio Analysis
5.2. Market Share Analysis
5.3. Operational Integration
5.4. Geographical Reach
5.5. Porter’s Five Force Analysis
6. Growth Opportunities and Strategic Analysis
6.1. Growth Opportunity Analysis
6.1.1. Growth Opportunities for the Global Near Field Communication Market by Operating Mode
6.1.2. Growth Opportunities for the Global Near Field Communication Market by Product and Software
6.1.3. Growth Opportunities for the Global Near Field Communication Market by End Use Industry
6.1.4. Growth Opportunities for the Global Near Field Communication Market by Region
6.2. Emerging Trends in the Global Near Field Communication Industry
6.3. Strategic Analysis
6.3.1. New Product Development
6.3.2. Capacity Expansion in the Global Near Field Communication Market
6.3.3. Certification and Licensing
6.3.4. Mergers, Acquisitions and Joint Ventures
7. Company Profiles of Leading Players
7.1. NXP Semiconductors
7.2. Broadcom
7.3. STMicroelectronics
7.4. MediaTek
7.5. Renesas Electronics
7.6. Gemalto
7.7. Texas Instruments
*Full List of Figures and Tables Available on Enquiry.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • NXP Semiconductors
  • Broadcom
  • STMicroelectronics
  • MediaTek
  • Renesas Electronics
  • Gemalto
  • Texas Instruments

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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