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Date Submitted: 09/11/2014 04:55 AM
Transparency Market Research
Near Field Communication Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019
Published Date 24-July-2014
88 Page Report
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Press Release
Near Field Communication (NFC) Market Expected to Reach USD 20.01 Billion by 2019 Globally: Transparency Market Research
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Near Field Communication (NFC) Market
REPORT DESCRIPTION
Near Field Communication (NFC) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 According to a new market report published by Transparency Market Research "Near Field Communication (NFC) Market (By Products - NFC Controller ICs (chips), NFC Tags, NFC Readers and NFC Secure Elements; By Applications - Payments, Ticketing, Booking, Data Sharing, Services, Authentication and Access Control, Healthcare, Games and Toys, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global market for NFC, in terms of revenue, was valued at USD 1.07 billion in 2012 and is estimated to grow at a CAGR of 43.7% during the forecast period from 2013 to 2019. The growing adoption of NFC technology in smartphones emerged as the most significant growth driver for NFC market. In 2012, North America was the largest market for NFC which held a share of around 32% in terms of revenue owing to the significant demand for contactless payments and early implementation of technology. Browse the full Near Field Communication (NFC) Market Report at http://www.transparencymarketresearch.com/near-field-communication-market.html Among all the product types, NFC reader was the largest segment in terms of revenue in 2012 and accounted for around 46% share of the total market, majorly owing to higher selling prices. Growing...