Near Field Communication Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

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

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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

adoption of NFC...