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 devices 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.
The industry is poised for an unprecedented growth over the forecast period owing to the increasing penetration of smartphones in the developing economy. Increasing adoption of mobile payment services has led to the intensive utilization of POS with the launch of e-wallet and Apple Watch. Banking entities, payment gateways, and payment processors are expected to expand the capabilities for accommodating the new enhanced technology.
In 2018, the global NFC Transaction market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global NFC Transaction status, future forecast, growth opportunity, key market and key players. The study objectives are to present the NFC Transaction development in United States, Europe and China.
The key players covered in this study
Apple
Google
MasterCard
PayPal
Samsung
Visa
American Express
Broadcom
Gemalto
Infineon Technologies
INSIDE Secure
MediaTek
Nokia
NXP Semiconductors
Qualcomm
Renesas Electronics
Market segment by Type, the product can be split into
Hardware
Software
Market segment by Application, split into
Commerical
Personal
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global NFC Transaction status, future forecast, growth opportunity, key market and key players.
To present the NFC Transaction development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of NFC Transaction are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on NFC Transaction. Industry analysis & Market Report on NFC Transaction is a syndicated market report, published as Global NFC Transaction Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of NFC Transaction market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.