NFC Transaction Market (47%) and NFC Enabled Handsets (55%) 2019 Growth Forecasts in New Global Research Reports

DALLAS, December 12, 2014 /PRNewswire/ --

ReportsnReports.com adds Global NFC Transaction Market 2015-2019 and Global NFC Enabled Handset Market 2015-2019 industry research reports to the IT & Telecommunication data and business intelligence collection of its library.

With growth of the NFC ecosystem across market segments like device manufacturing, telecom, finance and IT, the NFC transaction market is projected to move ahead with a staggering growth in the next 5 years. The NFC mobile payment market is largely driven by its rapid adoption and soaring popularity in the APAC region and African countries. In many APAC countries like China, Japan, and South Korea, manufacturers, network operators, and governments are aggressively advertising the benefits of NFC technology. Complete report on Global NFC Transaction Market 2015-2019 is available at http://www.reportsnreports.com/reports/320320-global-nfc-transaction-market-2015-2019.html .

The ease of use, security and versatility of NFC have attracted many users to this technology. It enables easy payments, and also allows users to share information, play games, transfer data, and access social networking sites. It can be easily integrated with public transit payment systems, retailers' POS, and healthcare systems. Growing consumer preference towards NFC-enabled smartphones is providing significant traction to the NFC transaction market over the forecast period. The increased number of mobile internet users is another major driver contributing to such rapid market growth.

To calculate NFC transaction market size, the report takes into account transaction and payments made by the consumers using NFC technology. Companies like Broadcom, Infineon Technologies, MasterCard, NXP Semiconductors, PayPal, Softcard, Visa, American Express, Gemalto, Google, Inside Secure, MediaTek, Nokia, Qualcomm, Renasas Electronics, Samsung Electronics and STMicroelectronics are discussed in this research available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=320320 .

The Global NFC Enabled Handset Market is forecast to grow at 55.8% CAGR during 2014-2019. To calculate the market size, the report takes into account the unit shipment of the mobile phone with NFC capability. NFC is a standard short-range connectivity, which uses high frequency wireless communication technology to enable peer-to-peer communication between devices. End-users can use this technology to transfer data from their devices to other NFC enabled devices such as mobile phones and NFC tags. NFC technology has revolutionized the ways in which people access and use data and information. NFC enabled devices can be used for applications such as mobile payment, loyalty programs, interactive advertising, ID authentication, and transit fare collection. These devices support three modes of operation: card emulation, peer-to-peer, and reader/writer.

The Global NFC Enabled Handset market 2015-2019 report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the Global NFC Enabled Handset market. In addition, the report discusses the major drivers that influence the growth of the Global NFC Enabled Handset market and also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

Companies discussed in this NFC enabled handsets industry report include Acer, BlackBerry, Google, HTC, Lenovo, LG, Microsoft, Motorola, Samsung, Sony, ZTE, Apple, Alcatel, Brunswick, Citrix, Fujitsu, Gionee, Huawei, Lumigon, OnePlus, Oppo Electronics and Xiaomi. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=320321 .

The Near Field Communication (NFC) Market by Product (IC/Chips, Tags, Readers, and Auxiliary), Application (Payment, Transportation, Booking, Data Sharing, Service, Access Control, Health Care, and Tag applications) & by Geography - Global Forecasts to 2022 research report says that NFC market is currently witnessing a rapid growth in all its verticals. The NFC market is driven by the increasing trend of mobile commerce. Another driver for this market is that the NFC Forum and GSMA are pushing forward the NFC standard at global level. This report gives an in-depth analysis of the NFC market that includes market by product, market by application and market by geography.

Growing at an estimated CAGR of 8.83% from 2014 to 2022, the total NFC Market is expected to reach $16.25 Billion by 2022. This report describes the market trends, drivers, and challenges with respect to the NFC market and forecasts the market up to 2022. This global report gives a detailed view of the market across various regions, namely - The Americas (North America and South America), Europe (U.K., Germany, France, Italy, and Rest of Europe), the Asia-Pacific (China, Japan, Korea, India, and Rest of APAC), and ROW (the Middle East, Australia, and Africa). Americas is the largest geography in terms of the NFC market value, with the U.S leading the way. APAC has been identified as the fastest growing region and a leader in the NFC technology devices. Europe also has a very promising market, comprising Germany and the U.K., while the ROW also bestows an impetus to the growth of this market. The report profiles 10 promising players in the NFC market ecosystem.

Companies like Broadcom (U.S.), Gemalto (Netherlands), Inside Secure (France), Infineon Technologies (Germany), MediaTek (Taiwan), NXP Semiconductors (Netherlands), Renesas Electronics Corporation (Japan), Samsung Electronics Corporation (South Korea), STMicroelectronics NV (Switzerland), and Texas Instruments (U.S.). are profiled in this research available at http://www.reportsnreports.com/reports/291277-near-field-communication-nfc-market-by-product-ic-chips-tags-readers-and-auxiliary-application-payment-transportation-booking-data-sharing-service-access-control-health-care-and-tag-applications-by-geography-global-forecasts-to-2022.html .

Explore more reports on the IT & Telecommunications market at http://www.reportsnreports.com/market-research/information-technology/ .

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