Near Field Communications Market Growth, Size, Share and Forecast

According to Stratistics MRC, the Global Near Field Communications market is estimated at $4.57 billion in 2015 and is expected to grow at a CAGR of 38.4% to reach $44.41 billion by 2022. With the increasing adoption of smart devices and ease of communication, the market is witnessing its demand and nurturing growth. Moreover, increasing need of safe & quick transactions and ease of use and flexibility in communication is fueling market growth. But lack of consumer awareness and high production costs are creating hurdles in the way of communication market growth.

SIM cards based auxiliary Products in Product and Software segment is experiencing highest recipients in the market due to more indulged security and safety. Moreover, Ticketing in transportation segment is showing flawless growth anticipated by purchasing, planning trips, and account top-ups. While the Asia Pacific market in the geography segment is anticipated to grow at good pace, due to developed infrastructure facilities and increased proliferation of Smartphones.

Browse full report with TOC@ https://marketreportscenter.com/reports/328748/near-field-communications-nfc-global-market-outlook-2015-2022

Some of the major key players in the global market are Mediatek Inc., Inside Secure, Broadcom Corporation, Huawei Technologies Co., Ltd., Texas Instruments , Sony Corporation, NXP Semiconductors, Samsung Electronics, Renesas Electronics Corporation , Toshiba Corporation, ST microelectronics, Samsung Electronics Co., Ltd., Gemalto NV, Visa Inc and Identive Group, Inc.

Products and Softwares Covered:

Auxiliary Products

NFC Covers

NFC Micro Sd Cards

NFC SIM /UICC Cards

Non- Auxiliary Products

NFC Tags

NFC Readers

NFC ICS & Antennas

NFC Software

Device Operating Modes covered:

Card Emulation

Peer-To-Peer

Reader Emulation

End-User Industries Covered:

Automotive

Transportation

Access Control

Ticketing

Retail

oroduct Identification

Transaction

Access Control...