Near Field Communication (Nfc) Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecasts from 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Near Field Communication (NFC) Market Analysis, Market

Size, Share, Regional Outlook, Industry Trends, Competitive

Strategies And Segment Forecasts From 2012 To 2020

Industry Insights

The Near Field Communication (NFC) market is estimated to observe rapid increase across several

application verticals over the forecasted period. The Near Field Communication (NFC) is a short-range

wireless technology that allows to communicate between two or more devices on contact or when they

are temporarily held together. Increasing smart phone demand and growing technological

advancements are anticipated to drive the market over the next five years.

Increasing availability and cost effectiveness of NFC-enabled mobiles is projected to positively impact

market growth. Need for secured and rapid financial transactions with flexibility and ease of use is also

estimated to drive NFC market growth. The NFC market offers major opportunities to the direct mail

marketing segment.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

It allows marketers in transferring content through an embedded NFC chip, which enables wireless

communication when a client touches a smart phone or a mobile device when the device in near

proximity of an NFC chip. M-commerce or mobile payment options are estimated to drive the Near Field

Communication (NFC) market. The Near Field Communication (NFC) technology has security features

which help I making in secured financial transactions. Besides from M-commerce, increasing variety of

equipment and devices integrate near field communication such as cars, washing machines, cookers,

vending machines, televisions, speakers, headsets, cameras, tablets and laptops.

Data speed and transfer capacity is another facet of the technology as it provides ten times faster data...