NFC application revenues to reach $10.6bn in 2012
March 08, 2012 // Jean-Pierre Joosting
Visiongain believes that global NFC application revenue will reach $10.6bn in 2012, and that in 2012 NFC is poised for rapid growth. Recent developments analysed in the market researcher's latest report, "Monetising NFC: Challenges and Opportunities 2012-2017" have created a fertile marketplace ready to accept NFC innovations in every sector.
Android, the leading Smartphone OS, has full NFC compatibility which Google are using to push their m-wallet service. New entrants to the market include android device makers such as Samsung, a major player in the Smartphone space. Together these factors and other developments signal that NFC adoption rates are set to soar.
Regions such as Korea and Japan have seen higher NFC adoption rates than other areas, and now exemplify an advanced prototype of NFC's usability offering evidence of the technologies benefits as well as a rudimentary roadmap for underdeveloped nations. One major area that had, up until 2012, been vastly underdeveloped in terms of NFC was North America. However, this area will see rapid uptake of NFC services as Visa roll out contactless payments over the forecast period. Our forecasts see huge revenue potential from NFC applications and a huge array of opportunities for all ecosystem members.
One of NFC's most powerful drivers is the technology's adaptability; it has the potential to transform diverse industries ranging from healthcare to automotive. In this report we detail how NFC can save on OpEx, increase user satisfaction and speed up transaction time. But who stands to benefit from the technologies success? In this report we forecast the key regions for growth, project which applications will be most popular in 2017 and also offer a strategy for successful m-wallet and other NFC based services.
Volvo shows user interface for self-driving cars
October 05, 2015
Automated driving poses specific requirements to the user interface of the cars, in particular for the transition phases ...
Volkswagen has given engineering a black eye
MEMS platforms are way to go, says Bosch's Finkbeiner
Put FPGAs in your SoCs
Daimler tests self-driving truck on public highway
Silicon Labs prevails in Cresta patent dispute
October 02, 2015
Silicon Labs has announced that the U.S. International Trade Commission (ITC) has found no patent violation by Silicon Labs ...
Machine learning for every app
Heat helps rechargeable batteries extend lifetimes
Cyber threats against cars are here to stay, experts say
- Determine Balancing Current for the LTC3305 Lead-Acid Battery Balancer
- 3 Ways to Simplify Medical Device Testing
- Thread Networking Protocol Simplifies Connecting “Things” in the Home and Beyond
- High Voltage CMOS Amplifier Enables High Impedance Sensing with a Single IC
InterviewMEMS platforms are way to go, says Bosch's Finkbeiner
In the two years since we last interviewed Stefan Finkbeiner, CEO of Bosch Sensortec, the company has taken over from STMicroelectronics as the leading global supplier of MEMS components. Here he explains ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, LabNation is giving away three of its SmartScope open source USB oscilloscopes, worth 229 Euros each, for EETimes Europe's readers to win.
Successfully funded through Kickstarter last year, the SmartScope is claimed to be the world's first test equipment designed to run on multiple operating systems and platforms such as smartphones, tablets and PCs. It is powered directly from... MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.