Near Field Communication (NFC) India Market – Industry analysis and forecast (2018-2026) by Operating Mode, Products and Software, End-user industry and Region.

Near Field Communication (NFC) India Market – Industry analysis and forecast (2018-2026) by Operating Mode, Products and Software, End-user industry and Region.

Market Scenario

Near Field Communication (NFC) India Market is expected to reach US$ XX Bn by 2026 at a CAGR of XX% during the forecast period. NFC Technology is a wireless technology for short-range connectivity especially developed for intuitive, simple and safe connection between electronic devices. An NFC chip operates as one part of a wireless link. Once it’s activated by another chip, small amounts of data between the two devices can be transferred when held a few centimetres from each other. Near-Field Communication is evolved from radio-frequency identification (RFID) technology. It allows phones, tablets, and laptops to share data with other NFC-equipped devices. The data transfer includes cash transactions, device control, and many other applications. NFC technology operates on a special chip and application on smartphones. Consumers who have NFC enabled smartphones can use it as a card, by just tapping their phones against NFC enabled payment systems to make the transaction. IBEF (India Brand Equity Foundation) a trust established by the Ministry of Commerce and Industry, Government of India predicts that India’s demand for semiconductor goods will reach US$ 400 Bn by FY 2025. According to Union Minister of Information Technology, Foreign Direct Investment (FDI) in electronic manufacturing has reached an all-time high of US$ 18.34 Bn in 2016 primarily due to government reforms and it’s Make in India initiative. The Government of India has allowed 100 per cent Foreign Direct Investment (FDI) under the automatic route in Electronics Systems Design & Manufacturing sector. The Ministry of Electronics and Information Technology plans to revise its policy framework, which would involve the government taking a more active role in developing the sector by providing initial capital, with the aim to attract more private players and make India a global semiconductor hub. India is the most lucrative market across the globe with 7.7% GDP growth rate in the 1st quarter of 2018. The impressive demographic dividend, continuous rise in the proportion of middle class, changing expenditure patterns are the distinguishing factors of the current Indian economy which are consequently attracting the global investment. As per the report by Internet and Mobile Association of India (IAMAI), the number of internet users in India is expected to reach 500 million by June 2018. The report titled ‘Internet in India 2017’ states that the number of Internet users stood at 481 million in December 2017, an increase of 11.34% over December 2016. Urban India consists of 295 Mn internet users out of 485 Mn estimated population whereas rural areas have only 186 Mn users leaving out potential 732 million users. Internet penetration in Urban India was 64.84% in December 2017 as compared to 60.6% last December. In comparison, rural Internet penetration has grown from 18% last December to 20.26% in December 2017. While the government flagship programs like Digital India is paving its way especially in rural India, the pertaining problems like digital gender gap and rural-urban digital divide need to be addressed efficiently. NFC India Market Serving a card-less and cashless economy in India is no more a distant dream. The growing number of cashless transactions is not only attributed to 3G and 4G services but also to near field communication (NFC) technology. According to the Mobile Payment Forum of India (MPFI), India has about 200 million mobile subscribers, while adding five million a month. NFC technology’s communication protocols allow even people who are not smartphone-savvy to enjoy the benefits of cashless transactions. NFC, though at a nascent stage in India today, is catching up like a wildfire because of the factors like cross-industrial applications, penetration of smartphones, affordable devices, and mobile internet data rates. Moreover, high-speed internet and Wi-Fi have also added impetus to shopping through mobile devices. With the introduction of 4G, the trend is bound to pick up in the near future. The necessity readiness of various players to interoperate in order to adopt the technology at a larger scale is the key challenge in implementing the NFC technology. Further mobile service providers and banks need to work together to create a seamless ecosystem for the technology to work efficiently. While NFC enabled phones and devices have been introduced in the India market, they are still not as per the expectations. NFC enabled terminals are still not in abundance for the customer to make cashless, card-less payments. The efficient collaboration of smartphone makers, internet providers, and credit card companies will tap the untouched market and bring the multidimensional benefits on fore. The Near Field Communication (NFC) India Market can be segmented by operating mode, products & software, end-user industry. As of today, the retail industry holds the largest share of the overall NFC India market - growing non-cash transactions, NFC-enabled PoS terminals, and adoption of electronic shelf labels being the apparent reasons. The automotive industry is expected to grow at the highest CAGR during the forecast period as demand for in-car infotainment and touch-less controls are driving the NFC India market in the industry. Major automotive manufacturers are giving emphasis to incorporate additional features in their cars to provide additional safety and control features to their customers. In the case of operating modes, the peer-to-peer mode which enables two-way communication between two NFC-enabled devices led the Near Field Communication (NFC) India Market in 2017. Given the growth of NFC mobile phones, this mode is expected to grow at the highest CAGR during the forecast period. The market for non-auxiliary products which are built into the device to facilitate NFC communication is largest as compared to the other products. The major consumer electronics companies focus on incorporating in-built NFC features into their products, and this is the major reason for the largest market size of non-auxiliary products. Tagtual a Bangalore based enterprise is a first company which provides NFC based business cards, wedding invitation cards amongst other products. With these business cards, one can easily share contact information with just a tap of the card to your phone. Many global key players in the NFC market are looking at India with great expectations and have started investing and collaborating with indigenous entities to exploit the available, untapped market. NXP Semiconductors which in partnership with Sony Corp. invented NFC technology in the first place has accompanied YELDI Softcom a recently established Chennai based NFC technology company to develop NFC handsets, cards, backend infrastructure, and mobile apps. PVR, one of India’s premium and preferred retail Entertainment Company is now streamlining its retail function with NEC. These solutions empower PVR to enhance customer experience through better payment mechanisms and streamline its retail functions at a radically low total cost of ownership through its exceptional serviceability and reliability. India's first Centre of Excellence for the Internet of Things (CoE-IoT) has been launched in Bengaluru with five start-ups, which will provide demonstration and concept labs for building IoT solutions for applications like agriculture, automobile, telecommunications, healthcare, and consumer goods.

The scope of the NFC India Market:

Near Field Communication (NFC) India Market by operating modes

• Card emulation • Reader emulation • Peer-to-peer mode

Near Field Communication (NFC) India Market by Products & Software

• Auxiliary products • Non-auxiliary products • NFC Software

Near Field Communication (NFC) India Market by End-user Industry

• Retail • Transportation • Automotive • residential & commercial • medical & healthcare • consumer electronics • others

Near Field Communication (NFC) India Market by Region

• North India • East India • South India • West India

Key Players Near Field Communication (NFC) India Market

NXP Semiconductors Sony Corporation NEC YELDI Softcom aTuch Tagtul Nokia Corporation Identive Group Inc. Gemalto NV Broadcom Renesas AT & T Inc. Barclays Google Inc. Infineon Technologies AG. Marvell Technology Group Ltd. AMS AG Mstar Semiconductor Inc. MediaTek Inc. STMicroelectronics Qualcomm Inc. Texas Instruments Inc. Broadcom Corp. Consumer Electronics Market

Table of Contents

Near Field Communication (NFC) India Market

1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.3 Years considered in the study 1.1.4 Currency 1.1.5 Stakeholders 1.2 Target Audience 1.3 Key Takeaways 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Near Field Communication (NFC) India Market Overview 3.1.1 NFC India market: By Operating Modes 3.1.2 NFC India market: By Products & Software 3.1.3 NFC India market: By End-User Industry 3.1.4 NFC India market: By Region 4. Near Field Communication (NFC) India Market OUTLOOK 4.1 NFC India market: Market Definition, Segmentation and Scope of Study 4.2 NFC India market: Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 NFC India market: Competitive Analysis 4.3.1 Key Strategic Initiatives 4.3.2 Regional Presence 4.3.3 Product Overview 4.4 Near Field Communication (NFC) India Market : Porter’s Analysis 4.5 Near Field Communication (NFC) India Market : PESTEL Analysis 4.6 Near Field Communication (NFC) India Market : Product Benchmark Analysis 4.7 Near Field Communication (NFC) India Market : Company Market Share Analysis 4.8 Near Field Communication (NFC) India Market : Key Findings 4.8.1 Near Field Communication (NFC) India Market : Top Wining Strategies 4.8.2 Near Field Communication (NFC) India Market : Top Investment Pockets 4.8.3 NFC India market : Top Impacting Factors 5. NFC INDIA MARKET, BY OPERATING MODES 5.1 Near Field Communication (NFC) India Market : Operating modes segment Market Share analysis 5.2 Near Field Communication (NFC) India Market : Operating modes segment Market Size and Forecast 2017-2026 5.3 Near Field Communication (NFC) India Market by Card emulation 5.4 Near Field Communication (NFC) India Market by Reader emulation 5.5 Near Field Communication (NFC) India Market by Peer-to-peer mode 5.6 Near Field Communication (NFC) India Market Benchmarking By Operating modes 5.7 Near Field Communication (NFC) India Market by Operating modes : Key Trends 5.8 Near Field Communication (NFC) India Market by Operating modes : Key Developments 6. Near Field Communication (NFC) India Market , BY PRODUCTS & SOFTWARE 6.1 Near Field Communication (NFC) India Market : products & software segment Market Share Analysis 6.2 NFC India Market : products & software segment Market Size and Forecast 2017-2026 6.3 NFC India market by Auxiliary produc 6.4 NFC India market by Non-auxiliary products 6.5 NFC India market by NFC Software 6.6 Near Field Communication (NFC) India Market Benchmarking By Products & software 6.7 NFC India market by Products & software: Key Trends 6.8 Near Field Communication (NFC) India Market by Products & software: Key Developments 7. Near Field Communication (NFC) India Market, BY END-USER INDUSTRY 7.1 Near Field Communication (NFC) India Market : End-user Industry segment Market Share analysis 7.2 Near Field Communication (NFC) India Market : End-user Industry segment Market Size and Forecast 2017-2026 7.3 Near Field Communication (NFC) India Market by Retail 7.4 Near Field Communication (NFC) India Market by Transportation 7.5 Near Field Communication (NFC) India Market by Automotive 7.6 NFC India market by residential & commercial 7.7 NFC India market by medical & healthcare 7.8 NFC India market by consumer electronics 7.9 Near Field Communication (NFC) India Market by others 7.10 NFC India market Benchmarking By End-user Industry 7.11 Near Field Communication (NFC) India Market by End-user Industry: Key Trends 7.12 NFC India market by End-user Industry: Key Developments 8. NFC INDIA MARKET , BY INDUSTRY VERTICLE 8.1 Near Field Communication (NFC) India Market : Industry Vertical segment Market Share Analysis 8.2 NFC India market : Industry Vertical segment Market Size and Forecast 2017-2026 8.3 NFC India market by BFSI 8.4 NFC India market by Government and public sector 8.5 NFC India market by Healthcare and life sciences 8.6 NFC India market by Media and entertainment 8.7 NFC India market by Retail and eCommerce 8.8 NFC India market by Travel and hospitality 8.9 NFC India market by Transportation and logistics 8.10 NFC India market by Real estate 8.11 NFC India market by IT and telecommunication 8.12 NFC India market by Automotive, education, energy and utilities 8.13 NFC India market Benchmarking By Industry Vertical 8.14 NFC India market by Industry Vertical : Key Trends 8.15 NFC India market by Industry Vertical : Key Developments 9. NFC INDIA MARKET , BY GEOGRAPHY 9.1 NFC India market : Geography segment Market Share Analysis 9.2 NFC India market : Geography segment Market Size and Forecast 2017-2026 9.3 North India 9.3.1 Overview 9.3.2 NFC India Market Size and Forecast, by Operating modes 2017-2026 9.3.3 NFC India market Share Analysis , by Operating modes 2017-2026 9.3.4 NFC India Market Size and Forecast, by Products & software 2017-2026 9.3.5 NFC India market Share Analysis , by Products & software 2017-2026 9.3.6 NFC India Market Size and Forecast, by Organization Size 2017-2026 9.3.7 NFC India market Share Analysis , by Organization Size 2017-2026 9.3.8 NFC India Market Size and Forecast, by Industry Vertical 2017-2026 9.3.9 NFC India market Share Analysis , by Industry Vertical 2017-2026 9.4 East India 9.4.1 Overview 9.4.2 NFC India Market Size and Forecast, by Provider 2017-2026 9.4.3 NFC India market Share Analysis , by Provider 2017-2026 9.4.4 NFC India Market Size and Forecast, by Application 2017-2026 9.4.5 NFC India market Share Analysis , by Application 2017-2026 9.4.6 NFC India Market Size and Forecast, by Organization Size 2017-2026 9.4.7 NFC India market Share Analysis , by Organization Size 2017-2026 9.4.8 NFC India Market Size and Forecast, by Industry Vertical 2017-2026 9.4.9 NFC India market Share Analysis , by Industry Vertical 2017-2026 9.5 South India 9.5.1 Overview 9.5.2 NFC India Market Size and Forecast, by Provider 2017-2026 9.5.3 NFC India market Share Analysis , by Provider 2017-2026 9.5.4 NFC India Market Size and Forecast, by Application 2017-2026 9.5.5 NFC India market Share Analysis , by Application 2017-2026 9.5.6 NFC India Market Size and Forecast, by Organization Size 2017-2026 9.5.7 NFC India market Share Analysis , by Organization Size 2017-2026 9.5.8 NFC India Market Size and Forecast, by Industry Vertical 2017-2026 9.5.9 NFC India market Share Analysis , by Industry Vertical 2017-2026 9.6 West India 9.6.1 Overview 9.6.2 NFC India Market Size and Forecast, by Provider 2017-2026 9.6.3 NFC India market Share Analysis , by Provider 2017-2026 9.6.4 NFC India Market Size and Forecast, by Application 2017-2026 9.6.5 NFC India market Share Analysis , by Application 2017-2026 9.6.6 NFC India Market Size and Forecast, by Organization Size 2017-2026 9.6.7 NFC India market Share Analysis , by Organization Size 2017-2026 9.6.8 NFC India Market Size and Forecast, by Industry Vertical 2017-2026 9.6.9 NFC India market Share Analysis , by Industry Vertical 2017-2026 9.7 NFC India market Benchmarking By Geography 9.8 NFC India market by Geography : Key Trends 9.9 NFC India market by Geography : Key Developments 10. COMPITITIVE LANDSCAPE 10.1 NFC India market Share/ Positioning Analysis 10.2 NFC India market: Key Innovators 10.3 NFC India market : Company Profiles 10.3.1 NXP Semiconductors 10.3.1.1 Overview 10.3.1.2 Product/Service Portfolio 10.3.1.3 Key Financials 10.3.1.4 Strategic Initiatives 10.3.1.5 SWOT Analysis 10.3.1.6 Competitive Assessment 10.3.2 Sony Corporation 10.3.2.1 Overview 10.3.2.2 Product/Service Portfolio 10.3.2.3 Key Financials 10.3.2.4 Strategic Initiatives 10.3.2.5 SWOT Analysis 10.3.2.6 Competitive Assessment 10.3.3 NEC 10.3.3.1 Overview 10.3.3.2 Product/Service Portfolio 10.3.3.3 Key Financials 10.3.3.4 Strategic Initiatives 10.3.3.5 SWOT Analysis 10.3.3.6 Competitive Assessment 10.3.4 YELDI Softcom 10.3.4.1 Overview 10.3.4.2 Product/Service Portfolio 10.3.4.3 Key Financials 10.3.4.4 Strategic Initiatives 10.3.4.5 SWOT Analysis 10.3.4.6 Competitive Assessment 10.3.5 aTuch 10.3.5.1 Overview 10.3.5.2 Product/Service Portfolio 10.3.5.3 Key Financials 10.3.5.4 Strategic Initiatives 10.3.5.5 SWOT Analysis 10.3.5.6 Competitive Assessment 10.3.6 Tagtul 10.3.6.1 Overview 10.3.6.2 Product/Service Portfolio 10.3.6.3 Key Financials 10.3.6.4 Strategic Initiatives 10.3.6.5 SWOT Analysis 10.3.6.6 Competitive Assessment 10.3.7 Nokia Corporation 10.3.7.1 Overview 10.3.7.2 Product/Service Portfolio 10.3.7.3 Key Financials 10.3.7.4 Strategic Initiatives 10.3.7.5 SWOT Analysis 10.3.7.6 Competitive Assessment 10.3.8 Identive Group Inc. 10.3.8.1 Overview 10.3.8.2 Product/Service Portfolio 10.3.8.3 Key Financials 10.3.8.4 Strategic Initiatives 10.3.8.5 SWOT Analysis 10.3.8.6 Competitive Assessment 10.3.9 Gemalto NV 10.3.9.1 Overview 10.3.9.2 Product/Service Portfolio 10.3.9.3 Key Financials 10.3.9.4 Strategic Initiatives 10.3.9.5 SWOT Analysis 10.3.9.6 Competitive Assessment 10.3.10 Broadcom 10.3.10.1 Overview 10.3.10.2 Product/Service Portfolio 10.3.10.3 Key Financials 10.3.10.4 Strategic Initiatives 10.3.10.5 SWOT Analysis 10.3.10.6 Competitive Assessment 10.3.11 Renesas 10.3.11.1 Overview 10.3.11.2 Product/Service Portfolio 10.3.11.3 Key Financials 10.3.11.4 Strategic Initiatives 10.3.11.5 SWOT Analysis 10.3.11.6 Competitive Assessment 10.3.12 AT & T Inc. 10.3.12.1 Overview 10.3.12.2 Product/Service Portfolio 10.3.12.3 Key Financials 10.3.12.4 Strategic Initiatives 10.3.12.5 SWOT Analysis 10.3.12.6 Competitive Assessment 10.3.13 Barclays 10.3.13.1 Overview 10.3.13.2 Product/Service Portfolio 10.3.13.3 Key Financials 10.3.13.4 Strategic Initiatives 10.3.13.5 SWOT Analysis 10.3.13.6 Competitive Assessment 10.3.14 Google Inc. 10.3.14.1 Overview 10.3.14.2 Product/Service Portfolio 10.3.14.3 Key Financials 10.3.14.4 Strategic Initiatives 10.3.14.5 SWOT Analysis 10.3.14.6 Competitive Assessment 10.3.15 Infineon Technologies AG. 10.3.15.1 Overview 10.3.15.2 Product/Service Portfolio 10.3.15.3 Key Financials 10.3.15.4 Strategic Initiatives 10.3.15.5 SWOT Analysis 10.3.15.6 Competitive Assessment 10.3.16 Marvell Technology Group Ltd. 10.3.16.1 Overview 10.3.16.2 Product/Service Portfolio 10.3.16.3 Key Financials 10.3.16.4 Strategic Initiatives 10.3.16.5 SWOT Analysis 10.3.16.6 Competitive Assessment 10.3.17 AMS AG 10.3.17.1 Overview 10.3.17.2 Product/Service Portfolio 10.3.17.3 Key Financials 10.3.17.4 Strategic Initiatives 10.3.17.5 SWOT Analysis 10.3.17.6 Competitive Assessment 10.3.18 Mstar Semiconductor Inc. 10.3.18.1 Overview 10.3.18.2 Product/Service Portfolio 10.3.18.3 Key Financials 10.3.18.4 Strategic Initiatives 10.3.18.5 SWOT Analysis 10.3.18.6 Competitive Assessment 10.3.19 MediaTek Inc. 10.3.19.1 Overview 10.3.19.2 Product/Service Portfolio 10.3.19.3 Key Financials 10.3.19.4 Strategic Initiatives 10.3.19.5 SWOT Analysis 10.3.19.6 Competitive Assessment 10.3.20 STMicroelectronics 10.3.20.1 Overview 10.3.20.2 Product/Service Portfolio 10.3.20.3 Key Financials 10.3.20.4 Strategic Initiatives 10.3.20.5 SWOT Analysis 10.3.20.6 Competitive Assessment 10.3.21 Qualcomm Inc. 10.3.21.1 Overview 10.3.21.2 Product/Service Portfolio 10.3.21.3 Key Financials 10.3.21.4 Strategic Initiatives 10.3.21.5 SWOT Analysis 10.3.21.6 Competitive Assessment 10.3.22 Texas Instruments Inc. 10.3.22.1 Overview 10.3.22.2 Product/Service Portfolio 10.3.22.3 Key Financials 10.3.22.4 Strategic Initiatives 10.3.22.5 SWOT Analysis 10.3.22.6 Competitive Assessment 10.3.23 Broadcom Corp. 10.3.23.1 Overview 10.3.23.2 Product/Service Portfolio 10.3.23.3 Key Financials 10.3.23.4 Strategic Initiatives 10.3.23.5 SWOT Analysis 10.3.23.6 Competitive Assessment 11. CONSOLIDATION 11.1 NFC India market: Mergers and Acquisitions 11.1.1 Overview 11.1.2 NFC India market : Key Drivers – By Region 11.1.3 NFC India market : M&A Breakdown 11.1.3.1 Products & Software Based 11.1.3.2 End-User Industry Based 11.1.3.3 Region Based 11.1.3.4 Asset & Non-Asset Based 11.1.3.5 Venture Capitalist Based 11.2 Fragmentation of NFC India market 11.3 NFC India market : Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 11.4 NFC India market - New/Emerging Models of Partnerships : Key Examples 11.5 NFC India market : New/Emerging Business Models : Key Examples 11.6 NFC India market - Changing Investment Paradigm : Focused areas by Key Players 11.7 NFC India market - Patent Analysis 12. NFC INDIA MARKET : LIST OF TABLES 13. NFC INDIA MARKET : LIST OF FIGURES

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Report ID 12549
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