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Near Field Communication Enabled Handsets - Global Market Trajectory & Analytics

  • ID: 2769240
  • Report
  • April 2021
  • Region: Global
  • 138 Pages
  • Global Industry Analysts, Inc
Global Near Field Communication Enabled Handsets Market to Reach 3.8 Billion Units by 2027

Amid the COVID-19 crisis, the global market for Near Field Communication Enabled Handsets estimated at 1.2 Billion Units in the year 2020, is projected to reach a revised size of 3.8 Billion Units by 2027, growing at a CAGR of 17.9% over the period 2020-2027.

The U.S. Market is Estimated at 325.3 Million Units, While China is Forecast to Grow at 23% CAGR

The Near Field Communication Enabled Handsets market in the U.S. is estimated at 325.3 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 905.3 Million Units by the year 2027 trailing a CAGR of 23% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.9% and 15.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.

Select Competitors (Total 42 Featured):
  • Blackberry Limited
  • Broadcom Corp.
  • HTC Corporation
  • Huawei Technologies Co. Ltd.
  • Infineon Technologies AG
  • Lenovo
  • LG Electronics
  • Nokia Corporation
  • NXP Semiconductors NV
  • Samsung Electronics Co., Ltd.
  • Sony Mobile Communications Inc.
  • STMicroelectronics NV
  • ZTE Corporation
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Near Field Communications (NFC): A Convenient, Secure Way of Data Exchange between Enabled Devices
  • Key Issues that Have Held Back Widespread Implementation of NFC Until Now..
  • Time Ripe for NFC to Takeoff
  • Recent Market Activity
  • NFC-Enabled Mobile Phones - The Game Changer for NFC Technology
  • Existing & Potential Use Cases of NFC Driving Business Case for its Integration in Mobile Phones
  • NFC-Enabled Phones Market Set for Strong Growth
  • Developing Regions Spearhead Sales of NFC-Enabled Phones
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Blackberry Limited (Canada)
  • HTC Corporation (Taiwan)
  • Huawei Technologies Co., Ltd. (China)
  • Lenovo (China)
  • Motorola Mobility LLC (USA)
  • LG Electronics (South Korea)
  • Nokia Corporation (Finland)
  • Samsung Electronics Co., Ltd. (South Korea)
  • Sony Mobile Communications, Inc. (Japan)
  • ZTE Corporation (China)
  • Major NFC Chip Manufacturers
  • Broadcom Corp. (USA)
  • Infineon Technologies AG (Germany)
  • NXP Semiconductors NV (Netherlands)
  • STMicroelectronics NV (Switzerland)
3. MARKET TRENDS & DRIVERS
  • NFC-Enabled Handsets to Disrupt Mobile Market
  • NFC-Enabled Mobiles Open New Realms in Contactless Payments
  • Emerging Markets Confront Challenges in Adoption NFC-Enabled Mobile Payments
  • Brick-and-Mortar Retailers Embrace NFC for Enhanced Shopping Experience
  • Consumer Desire for Convenience in POS Payments to Drive Adoption of NFC-Enabled Mobile Handsets
  • Rapid Increase in NFC-enabled POS Terminals: A Business Case for NFC-Enabled Devices Market
  • Transport Services to be One of the Most Accessed Services for NFC-Enabled Mobile Handsets
  • Use of NFC-Enabled Smartphones for Ticketing Applications to Increase in the Coming Years
  • Growing Security Concerns Drives Demand for NFC-Enabled Security/Access Control
  • Bluetooth & NFC to Co-Exist on Mobile Devices
  • Changing Consumer Mobile Usage Habits Encourage NFC Integration in Mobile Phones
  • Increasing Digital Data Being Stored on Mobile Phones and Need to Exchange the Same with Other Devices Creates Need for NFC in Handsets
  • Growing Need to Enhance Social Media Interactions on Mobile Phones: A Business Case for NFC Integration in Mobile Phones
  • Growing Craze for Multi-Player Gaming on Mobile Phones Creates Need for NFC in Mobile Phones
  • Rising Penetration of NFC in Consumer Devices Boosts Adoption of NFC-Enabled Handsets
  • Growing Role of NFC in Bridging Gap between Physical and Digital Worlds
  • Need to Make Well Informed Purchase Decisions to Encourage Consumers to Opt for NFC-Enabled Smartphones
  • Rising Popularity of BYOD Concept Drives Adoption of NFC-Enabled Handsets among Corporate Employees
  • High-Tech Events - Incredible Range of Practical Applications for NFC-Enabled Handsets
  • NFC Technology to Witness Expanding Applications in the Healthcare Field
  • NFC Chips Market: Growing Adoption of NFC Technology Fuels Demand for NFC Chips
  • Declining Prices of NFC-Chips Drives OEM Inclination Towards NFC Integration
  • Chip Level Technology Developments Augurs Well for the Future of NFC
  • Manufacturers to Benefit a Great Deal from Deploying NFC Technology into their Products
  • A Glance at Select Innovations in NFC-Enabled Handsets
  • Apple Incorporates Background Tag Reading Feature in Latest iPhone Models
  • STMicroeletronics Launches Advanced NFC Chip with Extended Read Range
  • Apple’s iOS 11 Comes with Support for NFC and QR Codes
  • Challenges
  • High Price of NFC Phones Forcing Consumers to Opt for Alternative NFC Equipment
  • Competition from microSD Cards Providing NFC Capabilities
  • NFC too Suffers from Inherent Security Challenges
  • Consumer Ignorance Poses Threat to NFC Market
  • Addressing Security Concerns - Key to Success
  • Growth in Mobile Phone Usage Sets Perfect Platform for Rapid Adoption of NFC in Mobile Devices
  • Continued Rise in Demand & Production of Smartphones Secures NFC Future in Mobile Devices Market
  • Opportunity Indicators
  • Replacement Smartphone Sales Will be Key
  • Low-End Smartphones: A Market Opportunity
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Near Field Communication Enabled Handsets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Near Field Communication Enabled Handsets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Near Field Communication Enabled Handsets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 4: USA Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 5: USA Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • CANADA
  • Table 6: Canada Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 7: Canada Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • JAPAN
  • Table 8: Japan Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 9: Japan Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • CHINA
  • Table 10: China Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 11: China Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • EUROPE
  • Table 12: Europe Current & Future Analysis for Near Field Communication Enabled Handsets by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2020 through 2027 and % CAGR
  • Table 13: Europe Historic Review for Near Field Communication Enabled Handsets by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • Table 14: Europe 15-Year Perspective for Near Field Communication Enabled Handsets by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
  • FRANCE
  • Table 15: France Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 16: France Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • GERMANY
  • Table 17: Germany Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 18: Germany Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • ITALY
  • Table 19: Italy Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 20: Italy Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • UNITED KINGDOM
  • Table 21: UK Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 22: UK Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • SPAIN
  • Table 23: Spain Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 24: Spain Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • RUSSIA
  • Table 25: Russia Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 26: Russia Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • REST OF EUROPE
  • Table 27: Rest of Europe Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 28: Rest of Europe Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • ASIA-PACIFIC
  • Table 29: Asia-Pacific Current & Future Analysis for Near Field Communication Enabled Handsets by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2020 through 2027 and % CAGR
  • Table 30: Asia-Pacific Historic Review for Near Field Communication Enabled Handsets by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • Table 31: Asia-Pacific 15-Year Perspective for Near Field Communication Enabled Handsets by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
  • AUSTRALIA
  • Table 32: Australia Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 33: Australia Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • INDIA
  • Table 34: India Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 35: India Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • SOUTH KOREA
  • Table 36: South Korea Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 37: South Korea Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • REST OF ASIA-PACIFIC
  • Table 38: Rest of Asia-Pacific Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 39: Rest of Asia-Pacific Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • LATIN AMERICA
  • Table 40: Latin America Current & Future Analysis for Near Field Communication Enabled Handsets by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2020 through 2027 and % CAGR
  • Table 41: Latin America Historic Review for Near Field Communication Enabled Handsets by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • Table 42: Latin America 15-Year Perspective for Near Field Communication Enabled Handsets by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
  • ARGENTINA
  • Table 43: Argentina Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 44: Argentina Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • BRAZIL
  • Table 45: Brazil Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 46: Brazil Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • MEXICO
  • Table 47: Mexico Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 48: Mexico Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • REST OF LATIN AMERICA
  • Table 49: Rest of Latin America Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Latin America Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • MIDDLE EAST
  • Table 51: Middle East Current & Future Analysis for Near Field Communication Enabled Handsets by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2020 through 2027 and % CAGR
  • Table 52: Middle East Historic Review for Near Field Communication Enabled Handsets by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • Table 53: Middle East 15-Year Perspective for Near Field Communication Enabled Handsets by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
  • IRAN
  • Table 54: Iran Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 55: Iran Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • ISRAEL
  • Table 56: Israel Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 57: Israel Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • SAUDI ARABIA
  • Table 58: Saudi Arabia Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 59: Saudi Arabia Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • UNITED ARAB EMIRATES
  • Table 60: UAE Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 61: UAE Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • REST OF MIDDLE EAST
  • Table 62: Rest of Middle East Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 63: Rest of Middle East Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
  • AFRICA
  • Table 64: Africa Current & Future Analysis for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets - Independent Analysis of Annual Sales in Thousand Units for the Years 2020 through 2027 and % CAGR
  • Table 65: Africa Historic Review for Near Field Communication Enabled Handsets by Segment - Near Field Communication Enabled Handsets Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2019 and % CAGR
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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