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(IT-NEWSWIRE.COM, March 21, 2017 ) NFC technology is a short-range (around10 centimeters) connection that adheres to technology standards and uses high-frequency wireless communication technology to exchange data between devices. It has revolutionized the ways in which people access and use information. NFC-enabled devices are used for applications such as mobile payment, ID authentication, transportation, and loyalty programs.
Publisher's analysts forecast the global NFC transaction market to grow at a CAGR of 55.23% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-nfc-transaction-market-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global NFC transaction market for 2016-2020. To calculate the market size, the report considers the revenue generated from the NFC transaction done through mobile devices and wearables.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global NFC Transaction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Apple - Google - MasterCard - PayPal - Samsung - Visa
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001386155/sample
Other prominent vendors - American Express - Broadcom - Gemalto - Infineon Technologies - INSIDE Secure - MediaTek - Nokia - NXP Semiconductors - Qualcomm - Renesas Electronics
Market driver - Increased adoption of mobile payment and digital wallet service - For a full, detailed list, view our report
Market challenge - Interoperability issues across the value chain - For a full, detailed list, view our report
Market trend - Increased awareness about mobile wallet - For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001386155/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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