Market Research Forecasts NFC Market Growth at 69% CAGR Through 2016


SOURCE: MarketResearch.com
March 20, 2012 06:08 ET
ROCKVILLE, MD--(Marketwire - Mar 20, 2012) - MarketResearch.com has announced the addition of the new report "Near Field Communication (NFC) Market to 2016 - Increased Availability of NFC Embedded Handsets Key for Higher Market Penetration" to their collection of Software & Services market reports. For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Near-Field-Communication-NFC-Increased-6842490/
NFC is a wireless or contactless communication technology based on International Organization for Standardization (ISO), European Computers Manufacturers Association (ECMA) and European Telecommunications Standards Institute (ETSI) standards. It is comparable with other existing technologies, such as MIFARE and FeliCa. The main application areas of NFC-based integrated circuits (ICs) are for mobile based payments in the retail segment and for transportation ticketing.
NFC-based mobile handsets can also be used for peer to peer communication, to download data from smart posters and for use as virtual identity cards. GBI Research expects the NFC market to grow at a CAGR of 68.8% from 2011-2016. Among the different form factors available for NFC IC integration, GBI Research expects the SIM-based model and the handset embedded model to gain the most market share in the future.
The report provides market size figures from 2010-2016 for different NFC secure element (SE) form factors used, and for key NFC end user market applications. The report also discusses the NFC ecosystem and its partners, and the different business models that could be potentially deployed.
This report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GBI Research's team of industry experts.
Scope
  • Technological overview of NFC, the basic standards used and the timeline of development.
  • Market size analysis for different SE form factors, such as MicroSD, stickers, tags, embedded SE and Universal integrated circuit card (UICC).
  • Comparisons of NFC with other contactless communication technologies, such as MIFARE, FeliCa, Square and Bluetooth 4.0.
  • Key NFC end user applications, such as retail, marketing, transportation, identity cards and automotive, are analyzed with market revenues and market shares.
  • Market size for the total NFC IC market in terms of sales revenue and sales volume. This is forecast until 2016.
  • Market size and analysis of key regions, such as the Asia-Pacific region (APAC), Australia and New Zealand, North America and Europe, in terms of sales revenue and sales volume. This is forecast until 2016.
  • Discusses the NFC ecosystem and its partners, and the different business models that can be potentially deployed.
  • Expert views and comments from various organizations and companies, such as GSMA, Sequent Software Inc, Mobey Forum, Comprion and Stollmann are included.
  • Comprehensive profiles of key companies such as Sony Corporation, NXP Semiconductors, Oberthur Technologies, MasterCard, NFC Forum and Gemalto are provided.