Moving Toward Future Technology in Near Field Communication NFC Transaction Market By Product (Auxiliary, Non-Auxiliary), By Application (Payment, Transportation, Booking, Data Sharing, Service, Access Control, Healthcare) Expected To Be Driven By Growing Adoption of NFC-Enabled Smartphone
Pune, India -- (SBWIRE) -- 10/17/2018 -- The total market is expected to reach USD 21.84 Billion by 2025, at a CAGR of 18 % during the forecast period. Factors such as the growing adoption of smart devices, trend of mobile commerce, and growth in the production of NFC-enabled mobile phones are driving the market.
The NFC market is expected to witness rapid growth across various application verticals over the forecast period, according to a new study by Grand View Research, Inc. Rapid technological
Advancement and high smartphone demand due to technology standardization is expected to
Positively impact market growth. Demand for cost effectiveness along with increasing
Availability of NFC-enabled smartphones is also a major market driver. In addition, the market
Provides opportunities to the direct mail marketing sector, which in turn may drive m-commerce and mobile payment options.
This report covers the present scenario and the growth prospects of the Global Near Field Communication (NFC) Transaction Market in for the period 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the products and solutions in the Global Near Field Communication (NFC) Transaction Market. report, the Global Market in 2018-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Global Market in and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
NFC Transaction market report covers the manufacturers' data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. NFC Transaction market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume, and value, as well as price data.
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NFC is a standard short-range connectivity, which uses high frequency wireless communication technology for peer-to-peer communication between two devices. End-users can use this technology to transfer data from one device to another. NFC technology has revolutionized the ways in which people access, use data and information. NFC-enabled devices can be used for mobile payment, loyalty programs, interactive advertising, ID authentication, and transit fare collection. NFC transactions are the contactless transaction that uses NFC technology through mobile devices.
Competitive Insights: Major players operating in the global NFC Transaction market include Apple, Google, MasterCard, PayPal, Samsung, Visa, American Express, Broadcom, Gemalto, Infineon Technologies. Firms in the market are accepting several strategies like new product development to increase market penetration.
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Table Of Content:
Near Field Communication (NFC) Transaction Market
Chapter 1: Near Field Communication (NFC) Transaction Market Overview
Chapter 2: Global Economic Impact
Chapter 3: Competition By Manufacturer
Chapter 4: Production, Revenue (Value) By Region (2018-2023)
Chapter 5: Supply (Production), Consumption, Export, Import By Regions (2018-2023)
Chapter 6: Market Production, Revenue (Value), Price Trend By Type
Chapter 7: Analysis By Application
Chapter 8: Near Field Communication (NFC) Transaction Market Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy And Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Near Field Communication (NFC) Transaction Market Effect Factors Analysis
Chapter 12: Near Field Communication (NFC) Transaction Market Forecast (2018-2023)
Chapter 13: Appendix
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