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Global Near Field Communication Systems Market (2017-2022) - Grow Pricing, Features, Reviews & Comparison of Alternatives

Global Market Research Report on Near Field Communication Systems Market 2016 is a professional and in-depth complete study on the current state of the Near Field Communication Systems worldwide.

Posted: Wednesday, April 05, 2017 at 7:15 AM CDT

Deerfield Beach, FL -- (SBWire) -- 04/05/2017 --New report on Near Field Communication System is an addition to short range wireless communication technology following the advent of Bluetooth and WIFI. NFC differentiates itself from Bluetooth and Wi-Fi by operating on the principle of electromagnetic radio field as compared to the feature of RFID. It facilitates the direct data exchange between two NFC enabled devices such as smartphones eliminating the stepwise procedure required to set up the connection. It also facilitates data transmission between an active (powered) device such as smartphone and passive (unpowered) devices such smart credit card with an NFC tag. NFC works in a very close proximity of about 10 cm, thereby providing a high degree of secured connection required in crowded locations

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The market for NFC is expected to indicate rapid growth in future with the increasing adoption of mobile commerce and NFC standards at a global level. Potential scope for a large number of applications such as data sharing, payment making, tag applications, banking operations and others will drive the NFC systems market. In its nascent stage, the market may find the lack of presence for auxiliary equipment required for Near Field Communication which may slow down the growth of NFC systems market. The report includes critical examination of key factors influencing the market with an analysis of market drivers and restraints.

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Market by Product:

Principle products
NFC Tags
NFC Readers
NFC IC/chips
Auxiliary products

Market by Application:

Data sharing
Payment making
Tag applications
Banking operations
Others

Market by Geography:

North America (NA)
Europe (EU)
Asia Pacific
LAMEA

KEY PLAYERS

Gemalto
Broadcom
Infineon Technologies
Inside Secure
NXP Semiconductors
MediaTek
Samsung Electronics Corporation
Renesas Electronics Corporation
Texas Instruments
STMicroelectronics NV

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