Near Field Communication Enabled Handsets - Global Strategic Business Report

The global market for Near Field Communication Enabled Handsets is estimated at 2.0 Billion Units in 2023 and is projected to reach 6.1 Billion Units by 2030, growing at a CAGR of 17.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The proliferation of NFC technology is driven by its integration into user-friendly platforms like Android and iOS, each supporting NFC with varying degrees of functionality. Android has embraced NFC since version 2.3.3, supporting multiple NFC modes essential for modern mobile commerce, such as peer-to-peer sharing and card emulation. Conversely, iOS introduced NFC functionality with more restrictions in iOS 11, limiting operations to reading pre-formatted data and excluding features like writing to NFC tags or performing card emulation, which Android supports. The broader adoption of NFC is fueled by its convenience in mobile payments, enhanced user experience through simple device interactions, and a growing demand for contactless operations, particularly highlighted during the COVID-19 pandemic. Beyond consumer electronics, NFC`s applications extend to healthcare, smart home technology, logistics, gaming, and automotive industries, demonstrating its versatility and increasing importance in a connected, digital-first world.

Regional Analysis

Gain insights into the U.S. market, estimated at 542.0 Million Units in 2023, and China, forecasted to grow at an impressive 22.7% CAGR to reach 1.5 Billion Units by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Near Field Communication Enabled Handsets Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Near Field Communication Enabled Handsets Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Near Field Communication Enabled Handsets Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Blackberry Limited, Broadcom Corp., HTC Corporation, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 43 Featured):

• Blackberry Limited
• Broadcom Corp.
• HTC Corporation
• Huawei Technologies Co. Ltd.
• Infineon Technologies AG
• Lenovo
• LG Electronics
• Nokia Corporation
• NXP Semiconductors NV
• Samsung Electronics Co., Ltd.
• Sony Mobile Communications Inc.
• STMicroelectronics NV
• ZTE Corporation