April 07, 2011 02:53 PM Eastern Daylight Time
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Near Field Communication Device Market 2010-2014" report to their offering.
Research conducted by Technavio reveals that the global near field communication is expected to grow at a CAGR of 85 percent
Commercial Availability of Near Field Communication Enabled Handsets Driving Market Growth
. The report, which focuses on the Americas, Europe and China indicates, that the market is currently driven by the increase in commercially available near field communication enabled handsets.
“The lack of NFC enabled devices was a major challenge to this market. However this situation is changing with around 60 million NFC enabled devices expected to hit the market,” reports Technavio analyst.
In spite of the need, the risks of security threats hinder the growth of this market. However, the increasing consumer preference is expected to drive market growth.
The global near field communication market is marked by the emergence of smart phones being embedded with NFC devices. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Near Field Communication Device Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: NXP Semiconductors, INSIDE Secure, Broadcom, and Shanghai Fudan Microelectronics.
TechNavio's analysts forecast that the Global Near Field Communication Device Market 2010-2014 will reach $560 million in 2014. One of the key factors contributing to this market growth is the growing number of commercially available NFC enabled handsets. The Global Near Field Communication Device Market has also been witnessing increasing pilot trials for NFC and related services across the globe. However coordination among various stakeholders in the NFC ecosystem could be a challenge to the growth of this market.
. The report, which focuses on the Americas, Europe and China indicates, that the market is currently driven by the increase in commercially available near field communication enabled handsets.
“The lack of NFC enabled devices was a major challenge to this market. However this situation is changing with around 60 million NFC enabled devices expected to hit the market,” reports Technavio analyst.
In spite of the need, the risks of security threats hinder the growth of this market. However, the increasing consumer preference is expected to drive market growth.
The global near field communication market is marked by the emergence of smart phones being embedded with NFC devices. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Near Field Communication Device Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: NXP Semiconductors, INSIDE Secure, Broadcom, and Shanghai Fudan Microelectronics.
TechNavio's analysts forecast that the Global Near Field Communication Device Market 2010-2014 will reach $560 million in 2014. One of the key factors contributing to this market growth is the growing number of commercially available NFC enabled handsets. The Global Near Field Communication Device Market has also been witnessing increasing pilot trials for NFC and related services across the globe. However coordination among various stakeholders in the NFC ecosystem could be a challenge to the growth of this market.
The report, Global Near Field Communication Device Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Key questions answered in this report:
- What will the market size be in 2014 and at what rate will it grow?
- What key trends is this market subject to?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the opportunities and threats faced by each of these key vendors?
- What are the strengths and weaknesses of each of these key vendors?
Research conducted by Technavio reveals that the global near field communication is expected to grow at a CAGR of 85 percent. The report, which focuses on the Americas, Europe and China indicates, that the market is currently driven by the increase in commercially available near field communication enabled handsets.
The lack of NFC enabled devices was a major challenge to this market. However this situation is changing with around 60 million NFC enabled devices expected to hit the market, reports Technavio analyst.
In spite of the need, the risks of security threats hinder the growth of this market. However, the increasing consumer preference is expected to drive market growth.
The global near field communication market is marked by the emergence of smart phones being embedded with NFC devices. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
Key Topics Covered:
- Executive Summary
- Introduction
- Market Landscape
- Vendor Landscape
- Usage Scenarios
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- NFC Market Trends
- Key Vendor Analysis
- List of Exhibits
For more information visit http://www.researchandmarkets.com/research/6b5727/global_near_field
Contacts
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
