November 19, 2015

TechNavio: 2015-2019NFC phone annual growth rate will reach 55.8%

TechNavio NFC environment for now and the various market segments, respectively, NFC chip, NFC transaction size and NFC mobile phone market to do a thorough investigation. TechNavio think 2015–2019 years Yes NFC prospects good years, more research has focused on three areas in recent years.
First report pointed out that the NFC mobile devices, NFC mobile phones, POS machines and the development of retail goods labels, will lead to the expansion of NFC chip market. Expected 2015–2019 years, NFC chip will reach a compound annual growth rate of 50.6%. The main suppliers include Broadcom, Inside Secure, NXP and Sony, other prominent suppliers MTK, Renesas Electronics, Qualcomm. Hinder the growth of NFC chips mainly from the current high prices, but the market still growing.
NFC technology has been widely used to expand mobile payments, loyalty programs, all aspects of interactive advertising, ID authentication and transport travel and so on. 2015-2019 NFC transaction size global industry research covers the Americas, Europe and Asia-Pacific region, mainly related companies, including Broadcom, Infineon, MasterCard, NXP, PayPal, Softcard, VISA and so on. Meanwhile Amex, Gemalto, Google, Inside Secure, Nokia, Qualcomm, Renesas, Samsung Electronics, ST is also important players in this market. According to the NFC industry network to understand, can promote the development of NFC mobile payment industry, which is a driving point, but is still hampered NFC costs.
Report TechNavio analysts said, 2015-2019 compound annual growth rate of NFC mobile phones reached 55.8%, covering the Americas, Asia-Pacific, Europe, Middle East and Africa. Analysis of the dynamic and growing challenges NFC mobile phones, as well as trends in emerging markets. 2015–2019 Major NFC mobile phone companies have Acer, Blackberry, Google, HTC, Lenovo, LG, Microsoft, Motorola, Samsung, ZTE. Other prominent manufacturers, including Apple, Alcatel, Brunswick, Citrix, Fujitsu, Jin, Huawei, Lumigon, a plus, OPPO, millet and the like. According to the NFC industry network is understood that NFC technology is not rich, it will become a major force point NFC phones, in particular to promote the development of mobile phones on NFC mobile payments.
The final report also referred to the development of developing countries in Africa NFC. In Africa, mobile payment penetration rate in Kenya, Uganda and Tanzania are very high. Mozambique, Malawi, Madagascar’s mobile payment business is also being constantly improved. And in turn, these businesses mature bound to promote the development of NFC, vendors have a great opportunity in Africa.

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