Global Near Field Communication Enabled Handsets Report Thumbnail

Global Near Field Communication Enabled Handsets Market by Type (Feature Phones, Smartphones), By Application (Mobile Payment, ID Authentication, Transit Fare Collection, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-681
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 70
  • No. Of Pages: 219
  • Format:
  • Pub. Date: 2021-03-01
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The Global Near Field Communication Enabled Handsets Market size is projected to grow to USD $18,895.6 million by 2028 and is expected to reach a CAGR of 16.4% during the forecast period (2021-2028). The growth in this market can be attributed primarily due to the increasing adoption of NFC technology for various applications such as mobile payment, ID authentication, transit fare collection, and other application areas such as smart agriculture, etc., which are likely to increase the demand for NFC enabled handsets globally.

 

NFC Enabled Handsets is a new technology that allows phones to communicate with other devices or data, without connecting them. This feature of NFC-enabled handsets has made it possible for people to share information from one device to another by just touching or bringing their two devices to close together. It also enables payments using smartphones at retail stores and contactless credit card transactions in physical as well as online shopping. Furthermore, it can be used for digital identity authentication purposes such as unlocking doors securely and logging into computers and websites more conveniently than passwords alone allow.

 

On the basis of Types, the market is segmented into Feature Phones and Smartphones.

 

Feature Phones:

Feature Phones are the best option for those who have a low budget. They come with basic features like calling, texting, and few other apps. They are mostly used in developing countries to reduce the cost of mobile phone ownership.

 

Smartphones:

As per the Mobile Marketing Association, a smartphone is defined as "a mobile phone with an operating system and applications that can run independently of a personal computer". The abbreviation has been derived from SMART (Software-driven) phones. Smartphones are also wireless devices that provide internet access through cellular networks or Wi-Fi connections. They come in touch screen form factor and offer advanced computing functions such as increased processing power, larger screens, multi-tasking ability, etc. Apart from these features discussed above, smartphones allow users to view multimedia content like music and videos on their device's display screen.

 

On the basis of Applications, the market is segmented into Mobile Payment, ID Authentication, and Transit Fare Collection. The mobile payment segment accounted for the highest market share in 2018.

 

Mobile Payment:

Near Field Communication Enabled Handsets has a large variety of applications. One such application is mobile payments. NFC enables handset users to purchase goods and services without the need for cash, credit cards, etc. Mobile payment transactions are carried out by either tapping smartphones against card readers at checkout terminals in retail outlets or using near-field contactless smart cards on transit systems that have compatible devices installed as well as contactless reader points for processing digital payments from customers wearing their wristband with an embedded RFID chip.

Machine-readable transactional data can be used in automatic toll booths, parking meters, public transport ticketing gates, and other access control areas where ID authentication is needed. There are also widespread use cases like Virtual Reality gaming platforms, for instance, where RFID-enabled smart cards are used to initiate services and authenticate the player’s identity.

 

ID Authentication:

Near Field Communication Enabled Handsets are used for ID authentication in many contexts. For example, banks have started to use NFC-enabled smartphones and cards as an alternative identification method from passwords or tokens. This application has seen increased adoption in regions such as Japan, Hong Kong, and Singapore due to tighter security regulations being enforced by governments.

 

Transit Fare Collection:

NFC-enabled handsets can be used for transit fare collection thereby saving on costs related to ticket vending machines or paper tickets. This application has seen increased adoption from transportation providers especially where there is sufficient ridership such as buses, trains, etc., due to lower implementation cost compared with legacy systems like magnetic stripe card readers.

 

On the basis of Region, the market is segmented ed into North America, Latin America, Europe, the Asia Pacific, Middle East, and Africa. The North American market is expected to be the most lucrative for NFC Enabled handsets in terms of revenue by 2028. The growth is attributed to a large number of new smartphone launches and an increase in demand from vendors as well as end-users.

The Middle East & Africa region will experience significant growth, driven by increased investment in infrastructure development which is supporting financial inclusion initiatives such the digital payments focus towards consumers with limited access to formal banking services thereby increasing their participation in this market segment.

 


Up Market Research published a new report titled “Near Field Communication Enabled Handsets Market research report which is segmented by Types (Feature Phones, Smartphones), By Applications (Mobile Payment, ID Authentication, Transit Fare Collection, Other), By Players/Companies Apple, Acer, BlackBerry, HTC, Lenovo, LG, Microsoft, Motorola, Samsung, Sony, ZTE, Oppo Electronics, Xiaomi, Alcatel, Brunswick, Citrix, Fujitsu, Huawei, Gionee, Lumigon, OnePlus”.

 

Report Scope

Report Attributes Report Details
Report Title Near Field Communication Enabled Handsets Market Research Report
By Type Feature Phones, Smartphones
By Application Mobile Payment, ID Authentication, Transit Fare Collection, Other
By Companies Apple, Acer, BlackBerry, HTC, Lenovo, LG, Microsoft, Motorola, Samsung, Sony, ZTE, Oppo Electronics, Xiaomi, Alcatel, Brunswick, Citrix, Fujitsu, Huawei, Gionee, Lumigon, OnePlus
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 219
Number of Tables & Figures 154
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Near Field Communication Enabled Handsets Industry Outlook
 

Global Near Field Communication Enabled Handsets Market Report Segments:

The market is segmented by Type Feature Phones, Smartphones and By Application Mobile Payment, ID Authentication, Transit Fare Collection, Other.

 

Some of the companies that are profiled in this report are:

  1. Apple
  2. Acer
  3. BlackBerry
  4. HTC
  5. Lenovo
  6. LG
  7. Microsoft
  8. Motorola
  9. Samsung
  10. Sony
  11. ZTE
  12. Oppo Electronics
  13. Xiaomi
  14. Alcatel
  15. Brunswick
  16. Citrix
  17. Fujitsu
  18. Huawei
  19. Gionee
  20. Lumigon
  21. OnePlus
 

Near Field Communication Enabled Handsets Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Near Field Communication Enabled Handsets Market
 

Overview of the regional outlook of the Near Field Communication Enabled Handsets Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Near Field Communication Enabled Handsets Market Overview
 

Highlights of The Near Field Communication Enabled Handsets Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Near Field Communication Enabled Handsets Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Feature Phones

                2. Smartphones

       7. By Application:

                1. Mobile Payment

                2. ID Authentication

                3. Transit Fare Collection

                4. Other

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Near Field Communication Enabled Handsets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Near Field Communication Enabled Handsets Market Statistics
 

Reasons to Purchase the Near Field Communication Enabled Handsets Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Near Field Communication Enabled Handsets Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Near Field Communication Enabled Handsets Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Near Field Communication Enabled Handsets Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Near Field Communication Enabled Handsets Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Near Field Communication Enabled Handsets Market Size & Forecast, 2018-2028 
      4.5.1 Near Field Communication Enabled Handsets Market Size and Y-o-Y Growth 
      4.5.2 Near Field Communication Enabled Handsets Market Absolute $ Opportunity 


Chapter 5 Global Near Field Communication Enabled Handsets Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Near Field Communication Enabled Handsets Market Size Forecast by Type
      5.2.1 Feature Phones
      5.2.2 Smartphones
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Near Field Communication Enabled Handsets Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Near Field Communication Enabled Handsets Market Size Forecast by Applications
      6.2.1 Mobile Payment
      6.2.2 ID Authentication
      6.2.3 Transit Fare Collection
      6.2.4 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Near Field Communication Enabled Handsets Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Near Field Communication Enabled Handsets Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Near Field Communication Enabled Handsets Analysis and Forecast
   9.1 Introduction
   9.2 North America Near Field Communication Enabled Handsets Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Near Field Communication Enabled Handsets Market Size Forecast by Type
      9.6.1 Feature Phones
      9.6.2 Smartphones
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Near Field Communication Enabled Handsets Market Size Forecast by Applications
      9.10.1 Mobile Payment
      9.10.2 ID Authentication
      9.10.3 Transit Fare Collection
      9.10.4 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Near Field Communication Enabled Handsets Analysis and Forecast
   10.1 Introduction
   10.2 Europe Near Field Communication Enabled Handsets Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Near Field Communication Enabled Handsets Market Size Forecast by Type
      10.6.1 Feature Phones
      10.6.2 Smartphones
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Near Field Communication Enabled Handsets Market Size Forecast by Applications
      10.10.1 Mobile Payment
      10.10.2 ID Authentication
      10.10.3 Transit Fare Collection
      10.10.4 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Near Field Communication Enabled Handsets Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Near Field Communication Enabled Handsets Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Near Field Communication Enabled Handsets Market Size Forecast by Type
      11.6.1 Feature Phones
      11.6.2 Smartphones
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Near Field Communication Enabled Handsets Market Size Forecast by Applications
      11.10.1 Mobile Payment
      11.10.2 ID Authentication
      11.10.3 Transit Fare Collection
      11.10.4 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Near Field Communication Enabled Handsets Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Near Field Communication Enabled Handsets Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Near Field Communication Enabled Handsets Market Size Forecast by Type
      12.6.1 Feature Phones
      12.6.2 Smartphones
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Near Field Communication Enabled Handsets Market Size Forecast by Applications
      12.10.1 Mobile Payment
      12.10.2 ID Authentication
      12.10.3 Transit Fare Collection
      12.10.4 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Near Field Communication Enabled Handsets Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Near Field Communication Enabled Handsets Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Near Field Communication Enabled Handsets Market Size Forecast by Type
      13.6.1 Feature Phones
      13.6.2 Smartphones
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Near Field Communication Enabled Handsets Market Size Forecast by Applications
      13.10.1 Mobile Payment
      13.10.2 ID Authentication
      13.10.3 Transit Fare Collection
      13.10.4 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Near Field Communication Enabled Handsets Market: Competitive Dashboard
   14.2 Global Near Field Communication Enabled Handsets Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Apple
      14.3.2 Acer
      14.3.3 BlackBerry
      14.3.4 HTC
      14.3.5 Lenovo
      14.3.6 LG
      14.3.7 Microsoft
      14.3.8 Motorola
      14.3.9 Samsung
      14.3.10 Sony
      14.3.11 ZTE
      14.3.12 Oppo Electronics
      14.3.13 Xiaomi
      14.3.14 Alcatel
      14.3.15 Brunswick
      14.3.16 Citrix
      14.3.17 Fujitsu
      14.3.18 Huawei
      14.3.19 Gionee
      14.3.20 Lumigon
      14.3.21 OnePlus
Segments Covered in the Report
The global Near Field Communication Enabled Handsets market has been segmented based on

By Types
  • Feature Phones
  • Smartphones
By Applications
  • Mobile Payment
  • ID Authentication
  • Transit Fare Collection
  • Other
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Apple
  • Acer
  • BlackBerry
  • HTC
  • Lenovo
  • LG
  • Microsoft
  • Motorola
  • Samsung
  • Sony
  • ZTE
  • Oppo Electronics
  • Xiaomi
  • Alcatel
  • Brunswick
  • Citrix
  • Fujitsu
  • Huawei
  • Gionee
  • Lumigon
  • OnePlus

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