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Report Outlook
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 131.8 billion by 2029 | 13.0 % | Asia Pacific |
| By Device Operating Mode | By Offering | By Application | By Region |
|---|---|---|---|
|
|
|
|
SCOPE OF THE REPORT
Near Field Communication Market Overview
The global near-field communication market is expected to grow at 13.0 % CAGR from 2020 to 2029. It is expected to reach above USD 131.8 billion by 2029 from USD 11.2 billion in 2020.
Near Field Communication (NFC) is a technology that enables short-range wireless communication between devices, typically within a range of a few centimeters. NFC is a subset of radio-frequency identification (RFID) technology, which is used for contactless communication between devices. NFC technology is commonly used in mobile devices, such as smartphones, to enable mobile payments, data transfer, and other applications. For example, you can use NFC-enabled mobile devices to make payments at stores by simply tapping your phone on an NFC-enabled payment terminal. NFC can also be used for other purposes, such as sharing files between devices, accessing digital content, and connecting devices to wireless networks.
Near-field communication (NFC) is a short-range wireless connectivity technology that simplifies digital content sharing, transactions, and connections with various electronic devices for users across the world. For data sharing across short distances (up to 10 cm or less), it is mostly utilized in smartphones, laptops, and tablets. This technology is used in a variety of other applications, including chip-enabled mobile marketing, ticketing, identification & access, and gaming. It is also used in marketing and payment applications.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) |
| Segmentation | By Device Operating Mode, By Offering, By Application, By Region |
| By Device Operating Mode |
|
| By Offering |
|
| By Application |
|
| By Region |
|
The Internet of Things (IoT) is rapidly growing, and NFC technology is becoming increasingly important for enabling communication between IoT devices. As a result, the NFC market is expected to grow significantly in the coming years. With the increasing trend of digital payments, more and more people are using mobile payment options. NFC technology enables secure and convenient mobile payments, which has led to the growth of the NFC market. NFC-enabled contactless payment systems are gaining popularity in various industries, such as retail, transportation, and hospitality. The convenience of contactless payments and the growing demand for a touch-free experience has led to the increased adoption of NFC technology. NFC technology is embedded in most modern smartphones, and the increasing adoption of smartphones has led to the growth of the NFC market.
Overall, the growing demand for secure and convenient payment options, the increasing adoption of IoT devices, and the rise in smartphone usage are some of the key factors driving the growth of the NFC market.
Near Field Communication Market Segment Analysis
The global near-field communication market is segmented based on device operating mode, offering, application, and region. By device operating mode the market is bifurcated into reader emulation, peer-to-peer, and card emulation. Offering the market is bifurcated into non-auxiliary products, auxiliary products, and software. By application, the market is bifurcated into retail, transportation, automotive, residential & commercial, medical & healthcare, consumer electronics, banking & finance, hospitality, and others.
Based on the device operating mode reader emulation segment is dominating the near-field communication market. Reader Emulation technology enables smartphones and other mobile devices to emulate a traditional RFID reader, which has been particularly useful in the retail industry. With this technology, retailers can use mobile devices to scan NFC-enabled tags on products and access information such as product details, pricing, and inventory. This has led to increased efficiency and accuracy in retail operations. Reader Emulation technology provides a convenient way to access information on NFC-enabled devices without the need for additional hardware. This has led to its increasing popularity, particularly in applications such as mobile payments and contactless transactions. Reader Emulation technology is cost-effective compared to traditional RFID readers, which has made it more accessible to businesses of all sizes. Most modern smartphones and other mobile devices are equipped with NFC capabilities, which has increased the availability of Reader Emulation technology. This has made it easier for businesses and individuals to adopt NFC technology for various applications. Overall, the convenience, cost-effectiveness, and increasing availability of Reader Emulation technology have led to its dominance in the NFC market, particularly in applications such as retail operations and mobile payments.
Based on application banking and finance segment is dominating the market. NFC technology allows for secure contactless payments using smartphones or contactless payment cards, which has become increasingly popular in the banking and finance industry. This technology provides a faster and more convenient payment method for consumers and reduces the need for physical cash and cards. NFC technology provides a high level of security, which is essential in the banking and finance sector where transactions involve sensitive information. With NFC, transactions can be encrypted and authenticated, ensuring that sensitive data remains secure.
NFC technology is easy to use and can be integrated with mobile devices such as smartphones, making it an attractive option for consumers who want a seamless payment experience. This ease of use has helped drive adoption in the banking and finance sector. Overall, the banking and finance industry has been quick to adopt NFC technology due to its numerous benefits and potential for growth. As a result, it has become one of the dominant segments in the NFC market.
Near Field Communication Market Key Players
The near field communication market key players include NXP Semiconductors, Broadcom, Qualcomm, Texas Instruments, STMicroelectronics, Thales Group, Infineon Technologies, Sony, ams, Flomio, Identive, HID Global, MagTek, Avery Dennison.
Industry News:
NXP Semiconductors, Mastercard, and Xiaomi Inc. announced in June 2020 that they are bringing more useful and secure contactless experiences to Russia as part of a rollout of NXP’s mobile wallet solution across all of Europe. By meeting OEMs’ need for straightforward yet secure and scalable wallet solutions, NXP’s mWallet 2GO enables an accelerated roll-out across Europe. Additionally, it complies with user requirements for quick payment device enablement and seamless NFC transactions at the Point-of-Sale by digitizing bank cards.
FeliCa Networks, Inc. and NXP Semiconductors collaborated in February 2019 to create the mobile payment and ticketing ecosystem as part of Japan’s preparation for upcoming international events. Smartphones and other mobile devices may now seamlessly bridge mobile payments in Japan and across borders, as well as incorporate mobile ticketing, access control, and loyalty programs thanks to NXP’s new Global Platform-based PN81 series solution. This solution supports and incorporates MIFARE for mobile transit, EMVCo, and FeliCa. The NXP PN81 series with FeliCa compatibility includes Near Field Communication (NFC), Embedded Secure Element (eSE) technology, and support for global security standards including Global Platform. Together, these qualities contribute to the promise of seamless, safe transaction and access use cases.
Who Should Buy? Or Key stakeholders
- Near Field Communication Supplier
- Research Organizations
- Medical & Healthcare Sector
- Investors
- Retail Industry
- Consumer Electronics Industry
- Transportation Industry
- Automotive Industry
- Residential & Commercial Sector
- Academic & Research Institutes
- Regulatory Authorities
- Others
Near Field Communication Market Regional Analysis
The Near Field Communication market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and the Rest of APAC
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, the and Rest of Europe
- South America: includes Brazil, Argentina, and the Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
Asia Pacific accounted for the largest market in the Near field communication market. The region has a high population, which has led to increased adoption of NFC-enabled devices and contactless payment systems. The Asia-Pacific region has a high smartphone penetration rate, with many consumers using their smartphones for mobile payments and other NFC-enabled applications. Governments in the region have been promoting the adoption of NFC technology through various initiatives, including providing subsidies for NFC-enabled devices and offering incentives for merchants to accept contactless payments. Many of the world’s leading manufacturers of NFC-enabled devices are based in the Asia-Pacific region, which has led to a large number of such devices being available in the market. The region has a rapidly growing e-commerce industry, which has led to increased demand for NFC technology for secure and convenient online payments. All these factors have contributed to the growth of the NFC market in the Asia-Pacific region and are expected to continue driving its growth in the future.
Key Market Segments: Near-Field Communication Market
Near Field Communication Market by Device Operating Mode, 2020-2029, (USD Billion)
- Reader Emulation
- Peer-To-Peer
- Card Emulation
Near Field Communication Market by Offering, 2020-2029, (USD Billion)
- Non-Auxiliary Products
- Auxiliary Products
Near Field Communication Market by Application, 2020-2029, (USD Billion)
- Retail
- Transportation
- Automotive
- Residential & Commercial
- Medical & Healthcare
- Consumer Electronics
- Banking & Finance
- Hospitality
- Others
Near Field Communication Market by Region, 2020-2029, (USD Billion)
- North America
- Asia Pacific
- Europe
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the current size of the near-field communication market?
- What is the expected growth rate of the near-field communication market over the next 5 years?
- Who are the major players in the near field communication market and what is their market share?
- What are the end-user industries driving demand for the market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, the middle east, and Africa?
- How is the economic environment affecting the near-field communication market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the near-field communication market?
- What is the current and forecasted size and growth rate of the global near-field communication market?
- What are the key drivers of growth in the near-field communication market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the near-field communication market?
- What are the technological advancements and innovations in the near field communication market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the Near Field Communication market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the Near Field Communication market
- What are the service offerings specifications of leading players in the market?
- What is the pricing trend of Near Field Communication in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL NEAR-FIELD COMMUNICATION MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON THE NEAR-FIELD COMMUNICATION MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL NEAR-FIELD COMMUNICATION MARKET OUTLOOK
- GLOBAL NEAR-FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE, 2020-2029, (USD BILLION)
- READER EMULATION
- PEER-TO-PEER
- CARD EMULATION
- GLOBAL NEAR-FIELD COMMUNICATION MARKET BY OFFERING, 2020-2029, (USD BILLION)
- NON-AUXILIARY PRODUCTS
- AUXILIARY PRODUCTS
- SOFTWARE
- GLOBAL NEAR-FIELD COMMUNICATION MARKET BY APPLICATION, 2020-2029, (USD BILLION)
- RETAIL
- TRANSPORTATION
- AUTOMOTIVE
- RESIDENTIAL & COMMERCIAL
- MEDICAL & HEALTHCARE
- CONSUMER ELECTRONICS
- BANKING & FINANCE
- HOSPITALITY
- OTHERS
- GLOBAL NEAR-FIELD COMMUNICATION MARKET BY REGION, 2020-2029, (USD BILLION)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- NXP SEMICONDUCTORS
- BROADCOM
- QUALCOMM
- TEXAS INSTRUMENTS
- STMICROELECTRONICS
- THALES GROUP
- INFINEON TECHNOLOGIES
- SONY
- AMS
- FLOMIO
- IDENTIVE
- HID GLOBAL *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR FIELD COMMUNICATION MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 5 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR FIELD COMMUNICATION MARKET BY REGION (USD BILLION) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA NEAR FIELD COMMUNICATION MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â US NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â US NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC NEAR FIELD COMMUNICATION MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE NEAR FIELD COMMUNICATION MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â UK NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â UK NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â UK NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â UAE NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â UAE NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â UAE NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY OFFERING (USD BILLION) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA NEAR FIELD COMMUNICATION MARKET BY DEVICE OPERATING MODE (USD BILLION) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY FABRICATION TECHNOLOGY, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY END-USE INDUSTRY, USD BILLION, 2020-2029
FIGURE 11Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY TYPE, USD BILLION, 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY FABRICATION TECHNOLOGY, USD BILLION, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY END-USE INDUSTRY, USD BILLION, 2021
FIGURE 16Â Â Â Â Â Â Â Â Â Â GLOBAL NEAR-FIELD COMMUNICATION MARKET BY REGION, USD BILLION, 2021
FIGURE 17Â Â Â Â Â Â Â Â Â Â NORTH AMERICA NEAR-FIELD COMMUNICATION MARKET SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â EUROPE NEAR-FIELD COMMUNICATION MARKET SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA NEAR-FIELD COMMUNICATION MARKET SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC NEAR-FIELD COMMUNICATION MARKET SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â MIDDLE EAST ASIA AND AFRICA NEAR-FIELD COMMUNICATION MARKET SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 23Â Â Â Â Â Â Â Â Â Â NXP SEMICONDUCTORS: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â BROADCOM: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â QUALCOMM: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â TEXAS INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â STMICROELECTRONICS: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â THALES GROUP: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â Â Â Â Â Â Â INFINEON TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 30Â Â Â Â Â Â Â Â Â Â SONY: COMPANY SNAPSHOT
FIGURE 31Â Â Â Â Â Â Â Â Â Â AMS: COMPANY SNAPSHOT
FIGURE 32Â Â Â Â Â Â Â Â Â Â FLOMIO: COMPANY SNAPSHOT
FAQ
The global near-field communication market is expected to grow at 13.0 % CAGR from 2020 to 2029. It is expected to reach above USD 131.8 billion by 2029 from USD 11.2 billion in 2020.
Asia Pacific accounted for the largest market in the near field communication market. Asia Pacific held more than 38 % of the near-field communication market revenue share in 2020.
The prime factor to drive the Near Field Communication market ahead is the growing trend of mobile commerce, increasing adoption of wearable technology drives the near-field communication market growth.
Growing urbanization in emerging economies, growing penetration of contactless technology, and increasing need for connectivity between different devices are some factors that creates opportunities in the near field communication market
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