DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Europe Field Communication (NFC) Market (2016-2022)" report to their offering.
Germany and U.K. are estimated to be the most lucrative NFC markets in the near future. Every country has a predefined contactless payment limit. Earlier, mobile/contactless payments limit was 20 Euro for U.K., owing to increased use of contactless transactions, which has increased up to 30 Euro since September 2015. Pekao (largest and oldest bank in Poland), a Poland bank owned by UniCredit Group, is gearing up for making NFC service available for more handsets, witnessing a huge potential for mobile payments. In Russia, the Yandex. Money has started using host card emulation for its new NFC based payments.
Based on the product type, the Europe NFC market is segmented into auxiliary and non-auxiliary NFC type. Auxiliary NFC products are subdivided into NFC based sim card and others (NFC card, NFC Cover). Non-auxiliary type is sub-segmented into NFC Chips, NFC Tags and NFC Reader. NFC reader garnered maximum revenue in 2014. The Europe NFC market, based on device type, is segmented across smartphone & tablets, pc & laptops and other devices (Infotainment, headsets).
Further, the market covers different NFC applications that include mobile/contactless payment, information sharing, user authentication & access control, healthcare, and others (service initiation, ticketing, advertising/marketing, and inventory management). Among all these applications, mobile/contactless payment is the most popular application segment that has contributed maximum revenue in 2014 of the total market. Healthcare sector is forecasted to be one of the most prominent application areas for NFC during the forecast period.
Key companies profiled in the report include Infineon Technologies AG, Apple Inc., SONY Corporation, Toshiba Corporation, NXP Semiconductors N.V., Samsung Electronics Co. Ltd., Broadcom Corporation, Texas Instruments Incorporated, STMicroelectronics N.V. and INSIDE Secure.
For more information visit http://www.researchandmarkets.com/research/zhl953/europe_field