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Published Date: 2014-07-24Number of Pages: 88

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 near field communication (NFC) market is primarily driven by growing adoption of NFC in the rapidly growing smartphones market across the world. Further, contactless payment tradition is growing which is also aiding the growth of NFC market. The global NFC market was valued at USD 1,068.3 million in 2012 and is expected to grow at a CAGR of 43.7% during the forecast period. 

The products in NFC market include NFC controller ICs (chips), NFC tags, NFC readers and NFC secure elements. NFC chips enable transactions and data exchange without the need to pair the devices. NFC technology saves time in payment processing as the transaction gets conducted through radio frequency (RF); this is resulting in the increasing adoption of NFC chips. NFC tags are capable of storing small amounts of information. Customer satisfaction, easy communication and ease of use are some of the factors expected to drive the NFC tags market. NFC readers are the devices capable of reading data through the NFC-enabled devices when tapped. Secure elements store applications which perform security execution and authentication for access. These products are finding applications in various areas such as payment (transaction), ticketing, booking, data sharing, service, authentication and access control, healthcare, and games and toys, among others. Furthermore, NFC complements and enhances advanced smart card driven applications such as payment, logistics & supply chain, public transport, customer loyalty program, point of sale (POS), access management and eGovernance. Number of new applications across various industries such as healthcare, and gaming and services is also leading to the growth of this market. NFC-based payment model is rapidly gaining momentum as it is anticipated to replace currently used debit and credit cards owing to better security features. Ease of use and improved security features are some of the reasons for the increasing adoption of NFC technology in newer application areas.

Payment is one of the most important applications of NFC technology. NFC-enabled devices can be used for contactless payment. Need for error free and quick operation with secure money transactions in businesses is expected to drive the NFC payment market in the coming years. NFC-based booking has significant opportunity in the healthcare sector. The bookings in hospitals can be automated and fastened using NFC-based booking systems. NFC devices can be used to carry out loyalty membership programs by different organizations. Ticketing systems are being replaced by NFC electronic ticket smart cards which allow contactless payment through any NFC-enabled device. Japan, France, and China experienced significant growth in the NFC market for healthcare application due to significant investment in technology to upgrade healthcare facilities in these countries. NFC card games and geocaching are creating new dimensions in NFC-based gaming. 

Around 7 million NFC readers were shipped in 2012 and the shipments are expected to experience continued growth over the coming years. More number of readers would be needed as the demand for NFC-enabled devices and applications grow and this is expected to drive the growth of NFC readers market over the coming years.

In 2012, North America was the largest market for NFC in terms of revenue. The region has experienced significant adoption of contactless payments. This is attributed to high market penetration of smartphones in the region and pre-existence of significant infrastructure to enable contactless payments. Asia Pacific is expected to be the fastest growing region owing to high adoption rates for NFC in countries such as China, Japan, South Korea and Australia. In 2012, NXP Semiconductors N.V. was the market leader for NFC controller ICs and NFC secure elements in terms of revenue.

The global NFC market is fragmented with numerous leading players including Broadcom, Inc., DeviceFidelity, Inc., Gemalto N.V., Visa, Inc., Toshiba Corporation, STMicroelectronics N.V., Samsung Electronics Co. Ltd., NXP Semiconductors, Identive Group, Inc., On Track Innovations (OTI) Ltd. and Infineon Technologies among others. 

near-field-communication-market

Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive summary

Chapter 3 Global Near Field Communication Market Analysis
3.1 Market overview
3.2 Factor analysis
      3.2.1 Market drivers
               3.2.1.1 Improved user experience and size reduction advantage leading to increased adoption of NFC
               3.2.1.2 Proliferation of smartphone market and increasing demand for high features in smartphones
      3.2.2 Market restraints
               3.2.2.1 Security and short-range concerns associated with NFC
               3.2.2.2 Competition for NFC from alternative methods of payments
      3.2.3 Market opportunities
               3.2.3.1 Retail applications replacing card payment with payment through NFC-enabled mobile phones
3.3 Market trends
      3.3.1 Global NFC average selling price trends, by product type, 2012-2019
      3.3.2 Internet of Things (IoT) and NFC
3.4 Value chain analysis
3.5 Porter’s five forces analysis
      3.5.1 Bargaining power of suppliers
      3.5.2 Threat of substitutes
      3.5.3 Threat of new entrants
      3.5.4 Bargaining power of buyers
      3.5.5 Degree of competition
3.6 Near field communication (NFC) market share analysis
      3.6.1 NFC controller ICs market share analysis, 2013 (% revenue)
      3.6.2 NFC secure elements (embedded SEs (eSEs), SIM cards, and microSD cards) market share analysis, 2013 (% revenue)

Chapter 4 Global Near Field Communication Market, By Product Type
4.1 Introduction
      4.1.1 Global NFC market shares, by product type, 2012 & 2019 (revenue %)      
      4.1.2 Global NFC Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
4.2 NFC Controller ICs (Chips)
      4.2.1 Global NFC Controller ICs (Chips) Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
4.3 NFC tags
      4.3.1 Global NFC Tags Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
4.4 NFC Readers
      4.4.1 Global NFC Readers Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
4.5 NFC Secure Elements (NFC Micro SD Cards, Embedded SE, NFC SIM/UICC Cards)
      4.5.1 Global NFC Secure Elements Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)

Chapter 5 Global Near Field Communication Market, By Application
5.1 Introduction
      5.1.1 Global NFC Market Shares, By Application, 2012 & 2019 (Revenue %)
5.2 NFC-based Payments
      5.2.1 Global NFC Market for Payment Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.3 Ticketing
      5.3.1 Global NFC Market for Ticketing Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.4 Booking
      5.4.1 Global NFC Market for Booking Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.5 Data sharing
      5.5.1 Global NFC Market for Data Sharing Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.6 Service
      5.6.1 Global NFC Market for Service Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.7 Authentication and access control
      5.7.1 Global NFC Market for Authentication and Access Control Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.8 Healthcare
      5.8.1 Global NFC Market for Healthcare Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.9 Games and toys
      5.9.1 Global NFC Market for Games and Toys Application, Market Size and Forecast, 2011 – 2019 (USD Million)
5.10 Others
      5.10.1 Global NFC Market for Other Applications, Market Size and Forecast, 2013 – 2019 (USD Million)

Chapter 6 Global Near Field Communication Market Analysis, By Region 2013 - 2019
6.1 Introduction
      6.1.1 Global NFC Market Shares, by Region, 2012 and 2019 (% Revenue)
6.2 North America NFC market
      6.2.1 North America NFC Market Size and Forecast, 2011 – 2019 (USD Billion)
      6.2.2 North America NFC Market Unit Shipment Forecast, By Product Type, 2011 – 2019 (Million Units)
      6.2.3 North America NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
      6.2.4 North America NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)
6.3 Europe NFC market
      6.3.1 Europe NFC Market Size and Forecast, 2011 – 2019 (USD Million)
      6.3.2 Europe NFC Market Size and Forecast, By Product Type, 2011 – 2019 (Million Units)
      6.3.3 Europe NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
      6.3.4 Europe NFC Market Size and forecast, By Application, 2011 – 2019 (USD Million)
6.4 Asia Pacific NFC market
      6.4.1 Asia Pacific NFC Market Size and Forecast, 2011 – 2019 (USD Million)
      6.4.2 Asia Pacific NFC Market Unit Shipment Forecast, By Product Type, 2011 – 2019 (Million Units)
      6.4.3 Asia Pacific NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
      6.4.4 Asia Pacific NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)
6.5 Rest of the world (RoW)
      6.5.1 RoW NFC Market Size and Forecast, 2011 – 2019 (USD Million)
      6.5.2 RoW NFC Market Unit Shipment Forecast, By Product Type, 2011 – 2019 (Million Units)
      6.5.3 RoW NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
      6.5.4 RoW NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)

Chapter 7 Company Profiles
7.1 Broadcom Corporation
      7.1.1 Company Overview
      7.1.2 Financial Overview
      7.1.3 Business Strategies
      7.1.4 Recent Developments
7.2 DeviceFidelity, Inc.
      7.2.1 Company Overview
      7.2.2 Financial Overview
      7.2.3 Business Strategies
      7.2.4 Recent Developments
7.3 Gemalto N.V.
      7.3.1 Company Overview
      7.3.2 Financial Overview
      7.3.3 Business Strategies
      7.3.4 Recent Developments
7.4 Visa, Inc.
      7.4.1 Company Overview
      7.4.2 Financial Overview
      7.4.3 Business Strategies
      7.4.4 Recent Developments
7.5 Toshiba Corporation
      7.5.1 Company Overview
      7.5.2 Financial Overview
      7.5.3 Business Strategies
      7.5.4 Recent Developments
7.6 ST Microelectronics N.V.
      7.6.1 Company Overview
      7.6.2 Financial Overview
      7.6.3 Business Strategies
      7.6.4 Recent Developments
7.7 Samsung Electronics Co. Ltd.
      7.7.1 Company Overview
      7.7.2 Financial Overview
      7.7.3 Business Strategies
      7.7.4 Recent Developments
7.8 NXP Semiconductors N.V.
      7.8.1 Company Overview
      7.8.2 Financial Overview
      7.8.3 Business Strategies
      7.8.4 Recent Developments
7.9 Identive Group, Inc.
      7.9.1 Company Overview
      7.9.2 Financial Overview
      7.9.3 Business Strategies
      7.9.4 Recent Developments
7.10 On Track Innovations (OTI) Ltd.
      7.10.1 Company Overview
      7.10.2 Financial Overview
      7.10.3 Business Strategy
      7.10.4 Recent Developments

List of Figures

FIG. 1 Market segmentation: Global NFC market
FIG. 2 Comparison between transaction flow by card and mobile handset
FIG. 3 Near field communication market: Value chain analysis
FIG. 4 Porter’s five forces analysis for near field communication market
FIG. 5 NFC controller ICs market share analysis, 2013 (% revenue)
FIG. 6 NFC secure elements (embedded SEs (eSEs), SIM cards, and microSD cards) market share analysis, 2013 (% revenue)
FIG. 7 Global NFC market shares, by product type, 2012 & 2019 (revenue %)
FIG. 8 Global NFC Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
FIG. 9 Global NFC Controller ICs (Chips) Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
FIG. 10 Global NFC Tags Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
FIG. 11 Global NFC Readers Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
FIG. 12 Global NFC Secure Elements Market Size and Forecast, 2011 – 2019 (Revenue – USD Million and Volume – Million Units)
FIG. 13 Global NFC market shares, by application, 2012 & 2019 (Revenue %)
FIG. 14 Global NFC Market for Payment Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 15 Global NFC Market for Ticketing Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 16 Global NFC Market for Booking Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 17 Global NFC Market for Data Sharing Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 18 Global NFC Market for Service Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 19 Global NFC Market for Authentication and Access Control Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 20 Global NFC Market for Healthcare Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 21 Global NFC Market for Games and Toys Application, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 22 Global NFC Market for Other Applications, Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 23 Global NFC Market Shares, by Region, 2012 and 2019 (% Revenue)
FIG. 24 North America NFC Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 25 Europe NFC Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 26 Asia Pacific NFC Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 27 RoW NFC Market Size and Forecast, 2011 – 2019 (USD Million)
FIG. 28 Broadcom Corp.: Annual Revenue, 2011 – 2013 (USD Billion)
FIG. 29 Gemalto N.V.: Annual Revenue, 2011 – 2013 (USD Billion)
FIG. 30 Visa Inc.: Annual Revenue, 2011 – 2013 (USD Million)
FIG. 31 Toshiba Corporation: Annual Revenue, 2010 – 2012, (USD Billion)
FIG. 32 STMicroelectronics N.V.: Annual Revenue, 2011 – 2013 (USD Million)
FIG. 33 Samsung Electronics Co. Ltd.: Annual Revenue, 2010 – 2012 (USD Billion)
FIG. 34 NXP Semiconductors: Annual Revenue, 2011 – 2013 (USD Million)
FIG. 35 Identive Group, Inc.: Annual Revenues, 2011 – 2013 (USD Million)
FIG. 36 OTI Ltd.: Annual Revenue, 2011 – 2013 (USD Million)

List of Tables

TABLE 1 Snapshot of Global Near Field Communication Market
TABLE 2 NFC-enabled smartphone shipments 2011-2019, (million units)
TABLE 3 Global NFC average selling price trends, by product type, 2012-2019 (USD per unit)
TABLE 4 North America NFC Market Unit Shipment Forecast, By Product Type, 2011 – 2019 (Million Units)
TABLE 5 North America NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
TABLE 6 North America NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)
TABLE 7 Europe NFC Unit Shipment Forecast, By Product Type, 2011 – 2019 (Million Units)
TABLE 8 Europe NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)1
TABLE 9 Europe NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)
TABLE 10 Asia Pacific NFC Market Size and Forecast, By Product Type, 2011 – 2019 (Million Units)
TABLE 11 Asia Pacific NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
TABLE 12 Asia Pacific NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)
TABLE 13 RoW NFC Market Unit Shipment Forecast, By Product Type, 2011 – 2019 (Million Units)
TABLE 14 RoW NFC Market Size and Forecast, By Product Type, 2011 – 2019 (USD Million)
TABLE 15 RoW NFC Market Size and Forecast, By Application, 2011 – 2019 (USD Million)

Near Field Communication (NFC) is a wireless technology and mainly finds application in mobile phones and tablets PC for data exchange and transactions in a close range. It is based on RFID technology and has emerged as an alternative to other wireless technologies for short range data exchange such as Wi-Fi, Bluetooth and other radio protocols. NFC offers added advantage of high security As compared to other wireless technologies. The NFC market has gained significant momentum in recent years due to the ease of using NFC technology and its wide range of applications in various sectors. NFC technology has emerged as a strong contender for replacement of the current transaction and payment techniques owing to its improved security and connectivity features. Products in the NFC market have been categorized into NFC controller ICs (chips), NFC tags, NFC readers and NFC secure elements. NFC secure elements further include NFC micro SD cards, embedded secure elements (SE), NFC subscriber identity module / universal integrated circuit card (SIM/UICC cards). Demand for NFC controller ICs, NFC readers, NFC secure elements and NFC tags is growing across the world. Increasing prevalence of contactless payments across the globe and its application in various sectors is responsible for the growth of the NFC readers and NFC tags market in the last few years. NFC-enabled devices are expected to replace payment cards and authentication and access cards in the coming years to a significant extent.

Worldwide, the shipment for NFC-enabled cellular handsets stood at 264.5 million units in 2013. The mobile phone and tablet manufacturers are increasingly including NFC features in their phones and this is expected to grow during the coming years. Further, most of the already existing point of sale (POS) and transportation systems across the globe use NFC technology, thus considerable infrastructure is already developed for the use of NFC –enabled devices. There is a lot of research being carried out in the NFC field which shows the commitment of industry players toward full scale implementation of NFC in coming future.

This research study focuses on market data and insights, including the size and growth of the NFC market. The report provides a thorough analysis of the emerging industry trends and the prevailing state of the market. It offers a comprehensive coverage of the underlying technological and social issues and economic factors influencing the NFC technology business. The study includes market data and forecasts based on in-depth analysis of the global NFC market. The report aims to find out various factors that restrain and drive the NFC market. The report focuses on trends and future business opportunities in the NFC market. The prevalent competition in the market is identified through market share analysis of key players in the market. Furthermore, the value chain analysis and Porter’s five forces analysis are included in the report, aiming to provide strategic insight across the supply chain of the NFC market.

The study offers a complete understanding of different application sectors of NFC technology. The report includes various major applications of NFC technology such as payment (transaction), ticketing, booking, data sharing, service, authentication and access control, healthcare, games and toys and NFC based geo-tagging The report aims to provide a comprehensive cross-sectional analysis of the product and application segments across North America, Europe, Asia Pacific and Rest of the World (RoW). 

Key players in the market have been profiled in the report along with their business strategies and market positions. Companies profiled in this report include Broadcom, Inc., DeviceFidelity, Inc., Gemalto N.V., Visa, Inc., Toshiba Corporation, STMicroelectronics N.V., Samsung Electronics Co. Ltd., NXP Semiconductors N.V., Identive Group, Inc., On Track Innovations (OTI) Ltd., and Infineon Technologies.

The global NFC market is categorized into the following segments:

Near Field Communication Market, by Product Type
  • NFC Controller ICs (Chips)
  • NFC Tags
  • NFC Readers
  • NFC Secure Element
Near Field Communication Market, by Application
  • Payment
  • Ticketing
  • Booking
  • Data Sharing
  • Service
  • Authentication and Access Control
  • Healthcare
  • Games and Toys
  • Others (smart advertising and NFC based location services)
Near Field Communication Market, by Geography
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)