Global Near Field Communication Market Size, Status and Forecast 2019-2025

Near-field communication (NFC) is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm (1.6 in) of each other.
The demand for NFC-enabled devices is growing at a tremendous rate and the transition from conventional ways of data transfer to intelligent technology would further boost the development of the market in the next five years. The decreasing prices of NFC chips, adoption of mobile commerce, growing volume of cashless transactions, and growing adoption of smart appliances are some of the major factors driving the market around the world.
In 2018, the global Near Field Communication 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 Near Field Communication status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Near Field Communication development in United States, Europe and China.

The key players covered in this study
NXP Semiconductors
Broadcom
STMicroelectronics
Mediatek
Renesas
Gemalto
Huawei
Inside Secure
Samsung
Texas Instruments

Market segment by Type, the product can be split into
Card emulation
Reader emulation
Peer-to-peer modes

Market segment by Application, split into
Retail
Transportation
Automotive
Residential & commercial
Medical & healthcare
Consumer electronics

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 Near Field Communication status, future forecast, growth opportunity, key market and key players.
To present the Near Field Communication 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 Near Field Communication 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.