India Near Field Communication market is expected to grow at a formidable rate during the forecast period. This can be majorly attributed to the increasing use of smartphones for cashless transactions. Near Field Communication is a technology which allows two devices to share information related to various kinds when brought close enough to each other. Any files or documents can be transferred between two users using NFC. Moreover, payment information can be passed through a user’s mobile phone to a receiving device that tracks the payment and approves it, which in turn makes the cashless transactions convenient.

Based on product type, the country’s NFC market is categorized into Non-Auxiliary Products and Auxiliary Products. The non-auxiliary category includes NFC chip, NFC Tag, and NFC reader product types. Whereas, auxiliary includes NFC-enabled sim and others. Among them, NFC reader dominated the market until 2018 and is anticipated to maintain its dominance in the upcoming years on the account of its high price as compared to other product types generating much higher revenue.  Based on Device Type, the market is segmented into Smartphones & Tablets, Laptops & Personal Computers (PCs) and Others. Smartphones are expected to account for the largest market share because consumers are using their smartphones to make easier and faster payments by simply connecting their devices with just a touch.

Leading market players in India near field communication market are Nokia Corporation, NXP Semiconductors, Sony Corporation, Infineon Technologies AG, YELDI Softcom, Marvell Technology Group Ltd., Google Inc., Identive Group Inc., Gemalto NV, Mstar Semiconductor Inc., etc. 

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyse and forecast the market size of India near field communication market in terms of value.
  • To forecast India near field communication market based on product type, device operating mode, device type, application, end user industry, distribution channel and regional distribution.
  • To identify drivers and challenges for India near field communication market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in India near field communication market.
  • To conduct the pricing analysis for India near field communication market.
  • To identify and analyse the profile of leading players operating in the India near field communication market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of near field communication service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product types, application types and presence of all major near field communication service providers across the globe.

TechSci Research calculated India near field communication market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Near Field Communication players and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to near field communication market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders. besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India near field communication market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  •  Market, By Product Type:
    • Non-Auxiliary Products
    • Auxiliary Products
  • Market, By Device Operating Mode:
    • Reader Emulation
    • Card Emulation
    • Peer-to-Peer
  • Market, By Device Type:
    • Smartphones & Tablets
    • Laptops & Personal Computers
    • Others
  • Market, By Application:
    • Mobile/Contact Less Payment
    • Information Sharing
    • User Authentication & Access Control
    • Monitoring Healthcare Systems
    • Others
  • Market, By End User Industry:
    • Retail
    • Transportation
    • Healthcare
    • BFSI
    • Others
  •  Market, By Region:
    • North Region
    • West Region
    • East Region
    • South Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India near field communication market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

1.     Product Overview

2.     Research Methodology

3.     Executive Summary

4.     Voice of Customer

5.     India Near Field Communication Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value

5.2.   Market Share & Forecast

5.2.1. By Product Type (Non-Auxiliary Products and Auxiliary Products)

5.2.2. By Device Operating Mode (Reader Emulation, Card Emulation and Peer-to-Peer)

5.2.3. By Device Type (Smartphones & Tablets, Laptops & Personal Computers (PCs) and Others)

5.2.4. By Application (Mobile/Contact Less Payment, Information Sharing, User Authentication & Access Control, Monitoring Healthcare Systems and Others)

5.2.5. By End User Industry (Retail, Transportation, Healthcare, BFSI and Others)

5.2.6. By Region

5.2.7. By Company

5.3.   Product Market Map

6.     India Non-Auxiliary Products Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value  

6.2.   Market Share & Forecast

6.2.1. By End User Industry

7.     India Auxiliary Products Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value  

7.2.   Market Share & Forecast

7.2.1. By End User Industry

8.     Market Dynamics

8.1.   Drivers

8.2.   Challenges

9.     Market Trends & Developments

10.  Policy & Regulatory Landscape

11.  India Economic Profile

12.  Competitive Landscape

12.1.  Competition Outlook

12.2.  Company Profiles

12.2.1.   Nokia Corporation

12.2.2.   NXP Semiconductors

12.2.3.   Sony Corporation

12.2.4.   Infineon Technologies AG.

12.2.5.   YELDI Softcom

12.2.6.   Marvell Technology Group Ltd.

12.2.7.   Google Inc.

12.2.8.   Identive Group Inc.

12.2.9.   Gemalto NV

12.2.10.   Mstar Semiconductor Inc.

13.  Strategic Recommendations

 (Note: The companies list can be customized based on the client requirements)