Global Near Field Communication Market, Market Research Report, Industry Report, Industry Analysis, Forecast, Market Share : Ken Research

By trish |Email | Jan 30, 2019 | 4461 Views

The Report  Global Near Field Communication Market (2018-2023) gives a detailed analysis on the global market for near field communications. The report gives current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) market size data for the global blockchain technology market, based on applications: smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other, based on end users industries manufacturing, energy and utility, IT and telecommunication, healthcare and life sciences, consumer appliances, and transportation and logistics. The report covers market trends and market drivers and challenges for the global edge computing market. The report will help in formulating product marketing strategy based on industry and economic factors. The top players in the market are NXP, Semiconductors, STMicroelectronics, Gemalto, Inside Secure and Broadcom.

Near field communication (NFC) is commonly used in payment platforms. In high ‚?? end devices and mid ‚?? rangers, its is very common, these NFC are commonly used. They are short range communication between compatible devices. The necessary requirements for NFC are at least one transmitting device and another device to receive signals. A range of devices can benefit from NFC and they can be both active and passive. Passive NFC are those type of NFC devices that include tags and small transmitters that can transmit information without a source of power of their own. They take the form of interactive signs on advertisements and cannot connect to other passive components. Active devices on the other hand can send and receive data and communicate with other active and passive devices. Smartphones, public transport card and touch payment terminals are active NFC. These work on the principle of sending information though radio waves.  The primary difference between Bluetooth and NFC is the former can be used to induce electric currents while the latter cannot.

NFC uses three distinct modes of operation, the most common one being peer to peer. IN this mode, the devices switch between active and passive when information is received and sent.  Read/write mode is another mode which is a one ‚?? way data transmission. The final mode is card emulation which is used for smart payments and travel cards. In today‚??s sense, businesses like Samsung Pay, Android Pay and Apple Pay use NFC technology.

NFC is being used in healthcare as well for patients to renew prescriptions, pay for services and for patients to check for examinations. NFC tags are embedded into the charts and helps the doctors in knowing the status of surgeries, improvement and so on. They also help in monitoring patient‚??s temperature, sugar levels and blood pressure levels. Another innovation of NFC is the use of keyless technology and enables the use of phones to unlock doors.

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