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
Market Research
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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...