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NFC Payment Devices Market by Device Type (Smart Watches, Fitness Trackers, Payment Wristbands, Smart Rings and Others) and Application (Grocery Stores, Bars & Restaurants, Drug Stores, Entertainment Centers and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028

  • ALL4621637
  • 205 Pages
  • May 2021
  • BFSI
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NFC payments devices use near-field communication (NFC) technology to exchange data between payment device and readers. NFC payment devices provides high security features for transferring payment from one account to another, which increases the demand for NFC payments devices among its users. Furthermore, NFC payment devices delivers numerous benefits to customers, which include convenient payment processing with the use of wallet or credit card, delivering real-time updates on rewards points, and increasing security to user’s financial details.

Increase in shift from traditional payment system to digital system across the developing nations and increasing trend of mobile commerce across the globe boost the growth of the global NFC payment devices market. In addition, surge in penetration of contactless payment system at various retail stores, petrol pump stations, and restaurants positively impacts the growth of the market. However, factor such as battery drain issues and high risk of stolen or lost wearables is expected to hamper the market growth. On the contrary, rise in demand for mobile and wearable payments devices is expected to offer remunerative opportunities for the expansion of the market during the forecast period.

The global NFC payment devices market is segmented into device type, application, and region. In terms of device type, the market is divided into smart watches, fitness trackers, payment wristbands, smart rings and others. Depending on application, it is fragmented into grocery stores, bars & restaurants, drug stores, entertainment centers and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the NFC payment devices market analysis are Apple, Inc. Fitbit, Inc., Gramin Ltd, Huawei Technologies Co., Ltd., Jakcom Technology Co. Inc., McLear Ltd., Nymi, Inc., Samsung Electronics Co. Ltd., Sony Corporation, and Xiaomi Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the NFC payment devices industry.

KEY BENEFITS FOR STAKEHOLDERS

• The study provides an in-depth analysis of the global NFC payment devices market forecast along with the current trends and future estimations to explain the imminent investment pockets.

• Information about key drivers, restraints, & opportunities and their impact analysis on the global market is provided in the report.

• Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

• The quantitative analysis of the market from 2020 to 2027 is provided to determine the market potential.

Key Market Segments

By Device Type

• Smart Watches

• Fitness Trackers

• Payment Wristbands

• Smart Rings

• Others

By Application

• Grocery Stores

• Bars & Restaurants

• Drug Stores

• Entertainment Centers

• Others

By Region

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

o Spain

o Russia

o Netherlands

o Rest of Europe

• Asia-Pacific

o China

o India

o Japan

o Australia

o Singapore

o Rest of Asia-Pacific

• LAMEA

o Latin America

o Middle East

o Africa

KEY MARKET PLAYERS

• Apple, Inc.

• Fitbit, Inc.

• Gramin Ltd

• Huawei Technologies Co., Ltd.

• Jakcom Technology Co. Inc.

• McLear Ltd.

• Nymi, Inc.

• Samsung Electronics Co. Ltd.

• Sony Corporation

• Xiaomi Corporation

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION

1.2.KEY MARKET SEGMENTS

1.3.KEY BENEFITS

1.4.RESEARCH METHODOLOGY

1.4.1.Primary research

1.4.2.Secondary research

1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE

3.2.KEY FINDINGS

3.2.1.Top investment pockets

3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers

3.3.2.Threat of new entrants

3.3.3.Threat of substitutes

3.3.4.Competitive rivalry

3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020

3.5.MARKET DYNAMICS

3.5.1.Drivers

3.5.2.Restraints

3.5.3.Opportunities

3.6.COVID-19 impact analysis on the NFC payments devices market

3.6.1.Impact on market size

3.6.2.Consumer trends, preferences, and budget impact

3.6.3.Economic impact

3.6.4.Strategies to tackle negative impact

3.6.5.Opportunity window

CHAPTER 4:NFC PAYMENT DEVICES MARKET BY DEVICE TYPE

4.1.OVERVIEW

4.2.SMART WATCHES

4.2.1.Key market trends, growth factors and opportunities

4.2.2.Market size and forecast, by region

4.2.3.Market share analysis, by country

4.3.FITNESS TRACKERS

4.3.1.Key market trends, growth factors and opportunities

4.3.2.Market size and forecast, by region

4.3.3.Market share analysis, by country

4.4.PAYMENT WRISTBANDS

4.4.1.Key market trends, growth factors and opportunities

4.4.2.Market size and forecast, by region

4.4.3.Market share analysis, by country

4.5.SMART RINGS

4.5.1.Key market trends, growth factors and opportunities

4.5.2.Market size and forecast, by region

4.5.3.Market share analysis, by country

4.6.OTHERS

4.6.1.Key market trends, growth factors and opportunities

4.6.2.Market size and forecast, by region

4.6.3.Market share analysis, by country

CHAPTER 5:NFC PAYMENT DEVICES MARKET BY APPLICATION

5.1.OVERVIEW

5.2.GROCERY STORES

5.2.1.Key market trends, growth factors and opportunities

5.2.2.Market size and forecast, by region

5.2.3.Market share analysis, by country

5.3.BARS AND RESTAURANTS

5.3.1.Key market trends, growth factors and opportunities

5.3.2.Market size and forecast, by region

5.3.3.Market share analysis, by country

5.4.DRUG STORES

5.4.1.Key market trends, growth factors and opportunities

5.4.2.Market size and forecast, by region

5.4.3.Market share analysis, by country

5.5.ENTERTAINMENT CENTERS

5.5.1.Key market trends, growth factors and opportunities

5.5.2.Market size and forecast, by region

5.5.3.Market share analysis, by country

5.6.OTHERS

5.6.1.Key market trends, growth factors and opportunities

5.6.2.Market size and forecast, by region

5.6.3.Market share analysis, by country

CHAPTER 6:NFC PAYMENT DEVICES MARKET BY REGION

6.1.OVERVIEW

6.2.NORTH AMERICA

6.2.1.Key market trends and opportunities

6.2.2.Market size and forecast, by device type

6.2.3.Market size and forecast, by application

6.2.4.Market size and forecast, by Country

6.2.5.US

6.2.5.1.Market size and forecast, by device type

6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by device type

6.2.6.2.Market size and forecast, by application

6.3.EUROPE

6.3.1.Key market trends and opportunities

6.3.2.Market size and forecast, by device type

6.3.3.Market size and forecast, by application

6.3.4.Market size and forecast, by Country

6.3.5.UK

6.3.5.1.Market size and forecast, by device type

6.3.5.2.Market size and forecast, by application

6.3.6.Germany

6.3.6.1.Market size and forecast, by device type

6.3.6.2.Market size and forecast, by application

6.3.7.France

6.3.7.1.Market size and forecast, by device type

6.3.7.2.Market size and forecast, by application

6.3.8.Spain

6.3.8.1.Market size and forecast, by device type

6.3.8.2.Market size and forecast, by application

6.3.9.Russia

6.3.9.1.Market size and forecast, by device type

6.3.9.2.Market size and forecast, by application

6.3.10.Netherlands

6.3.10.1.Market size and forecast, by device type

6.3.10.2.Market size and forecast, by application

6.3.11.Rest of Europe

6.3.11.1.Market size and forecast, by device type

6.3.11.2.Market size and forecast, by application

6.4.ASIA PACIFIC

6.4.1.Key market trends and opportunities

6.4.2.Market size and forecast, by device type

6.4.3.Market size and forecast, by application

6.4.4.Market size and forecast, by Country

6.4.5.China

6.4.5.1.Market size and forecast, by device type

6.4.5.2.Market size and forecast, by application

6.4.6.India

6.4.6.1.Market size and forecast, by device type

6.4.6.2.Market size and forecast, by application

6.4.7.Japan

6.4.7.1.Market size and forecast, by device type

6.4.7.2.Market size and forecast, by application

6.4.8.Australia

6.4.8.1.Market size and forecast, by device type

6.4.8.2.Market size and forecast, by application

6.4.9.Singapore

6.4.9.1.Market size and forecast, by device type

6.4.9.2.Market size and forecast, by application

6.4.10.Rest of Asia Pacific

6.4.10.1.Market size and forecast, by device type

6.4.10.2.Market size and forecast, by application

6.5.LAMEA

6.5.1.Key market trends and opportunities

6.5.2.Market size and forecast, by device type

6.5.3.Market size and forecast, by application

6.5.4.Market size and forecast, by Country

6.5.5.Latin America

6.5.5.1.Market size and forecast, by device type

6.5.5.2.Market size and forecast, by application

6.5.6.Middle East

6.5.6.1.Market size and forecast, by device type

6.5.6.2.Market size and forecast, by application

6.5.7.Africa

6.5.7.1.Market size and forecast, by device type

6.5.7.2.Market size and forecast, by application

CHAPTER 7:COMPANY PROFILES

7.1. APPLE, INC

7.1.1.Company overview

7.1.2.Key Executives

7.1.3.Company snapshot

7.1.4.Operating business segments

7.1.5.Product portfolio

7.1.6.Business performance

7.1.7.Key strategic moves and developments

7.2. FITBIT, INC

7.2.1.Company overview

7.2.2.Key Executives

7.2.3.Company snapshot

7.2.4.Operating business segments

7.2.5.Product portfolio

7.2.6.Business performance

7.2.7.Key strategic moves and developments

7.3.GRAMIN LTD

7.3.1.Company overview

7.3.2.Key Executives

7.3.3.Company snapshot

7.3.4.Operating business segments

7.3.5.Product portfolio

7.3.6.Business performance

7.3.7.Key strategic moves and developments

7.4.HUAWEI TECHNOLOGIES CO, LTD

7.4.1.Company overview

7.4.2.Key Executives

7.4.3.Company snapshot

7.4.4.Operating business segments

7.4.5.Product portfolio

7.4.6.Business performance

7.4.7.Key strategic moves and developments

7.5.JAKCOM TECHNOLOGIES CO, INC

7.5.1.Company overview

7.5.2.Key Executives

7.5.3.Company snapshot

7.5.4.Operating business segments

7.5.5.Product portfolio

7.5.6.Business performance

7.5.7.Key strategic moves and developments

7.6.MCLEAR LTD

7.6.1.Company overview

7.6.2.Key Executives

7.6.3.Company snapshot

7.6.4.Operating business segments

7.6.5.Product portfolio

7.6.6.Business performance

7.6.7.Key strategic moves and developments

7.7.NYMI, INC

7.7.1.Company overview

7.7.2.Key Executives

7.7.3.Company snapshot

7.7.4.Operating business segments

7.7.5.Product portfolio

7.7.6.Business performance

7.7.7.Key strategic moves and developments

7.8.SAMSUNG ELECTRONICS CO. LTD.

7.8.1.Company overview

7.8.2.Key Executives

7.8.3.Company snapshot

7.8.4.Operating business segments

7.8.5.Product portfolio

7.8.6.Business performance

7.8.7.Key strategic moves and developments

7.9.SONY CORPORATION

7.9.1.Company overview

7.9.2.Key Executives

7.9.3.Company snapshot

7.9.4.Operating business segments

7.9.5.Product portfolio

7.9.6.Business performance

7.9.7.Key strategic moves and developments

7.10.XIAOMI CORPORATION

7.10.1.Company overview

7.10.2.Key Executives

7.10.3.Company snapshot

7.10.4.Operating business segments

7.10.5.Product portfolio

7.10.6.Business performance

7.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL NFC PAYMENT DEVICES MARKET, BY DEVICE TYPE 2020-2028 ($MILLION)

TABLE 2.NFC PAYMENT DEVICES MARKET FOR SMART WATCHES, BY REGION, 2020-2028 ($MILLION)

TABLE 3.NFC PAYMENT DEVICES MARKET FOR FITNESS TRACKERS, BY REGION, 2020-2028 ($MILLION)

TABLE 4.NFC PAYMENT DEVICES MARKET FOR PAYMENT WRISTBANDS , BY REGION, 2020-2028 ($MILLION)

TABLE 5.NFC PAYMENT DEVICES MARKET FOR SMART RINGS, BY REGION, 2020-2028 ($MILLION)

TABLE 6.NFC PAYMENT DEVICES MARKET FOR OTHERS, BY REGION, 2020-2028 ($MILLION)

TABLE 7.GLOBAL NFC PAYMENT DEVICES MARKET, BY APPLICATION 2020-2028 ($MILLION)

TABLE 8.NFC PAYMENT DEVICES MARKET FOR GROCERY STORES, BY REGION, 2020-2028 ($MILLION)

TABLE 9.NFC PAYMENT DEVICES MARKET FOR BARS AND RESTAURANTS, BY REGION, 2020-2028 ($MILLION)

TABLE 10.NFC PAYMENT DEVICES MARKET FOR DRUG STORES, BY REGION, 2020-2028 ($MILLION)

TABLE 11.NFC PAYMENT DEVICES MARKET FOR ENTERTAINMENT CENTERS, BY REGION, 2020-2028 ($MILLION)

TABLE 12.NFC PAYMENT DEVICES MARKET FOR OTHERS, BY REGION, 2020-2028 ($MILLION)

TABLE 13.NFC PAYMENT DEVICES MARKET FOR , BY REGION, , 2020-2028 ($MILLION)

TABLE 14.NORTH AMERICA NFC PAYMENT DEVICES, BY DEVICE TYPE 2020-2028 ($MILLION)

TABLE 15.NORTH AMERICA NFC PAYMENT DEVICES, BY APPLICATION 2020-2028 ($MILLION)

TABLE 16.NORTH AMERICA NFC PAYMENT DEVICES, BY REGION, 2020-2028 ($MILLION)

TABLE 17.EUROPE NFC PAYMENT DEVICES, BY DEVICE TYPE 2020-2028 ($MILLION)

TABLE 18.EUROPE NFC PAYMENT DEVICES, BY APPLICATION 2020-2028 ($MILLION)

TABLE 19.EUROPE NFC PAYMENT DEVICES, BY REGION, 2020-2028 ($MILLION)

TABLE 20.ASIA PACIFIC NFC PAYMENT DEVICES, BY DEVICE TYPE 2020-2028 ($MILLION)

TABLE 21.ASIA PACIFIC NFC PAYMENT DEVICES, BY APPLICATION 2020-2028 ($MILLION)

TABLE 22.ASIA PACIFIC NFC PAYMENT DEVICES, BY REGION, 2020-2028 ($MILLION)

TABLE 23.LAMEA NFC PAYMENT DEVICES, BY DEVICE TYPE 2020-2028 ($MILLION)

TABLE 24.LAMEA NFC PAYMENT DEVICES, BY APPLICATION 2020-2028 ($MILLION)

TABLE 25.LAMEA NFC PAYMENT DEVICES, BY REGION, 2020-2028 ($MILLION)

TABLE 26.APPLE, INC: COMPANY SNAPSHOT

TABLE 27.APPLE, INC: OPERATING SEGMENTS

TABLE 28.FITBIT, INC: COMPANY SNAPSHOT

TABLE 29.FITBIT, INC: OPERATING SEGMENTS

TABLE 30.GRAMIN LTD: COMPANY SNAPSHOT

TABLE 31.GRAMIN LTD: OPERATING SEGMENTS

TABLE 32.HUAWEI TECHNOLOGIES CO, LTD: COMPANY SNAPSHOT

TABLE 33.HUAWEI TECHNOLOGIES CO, LTD: OPERATING SEGMENTS

TABLE 34.JAKCOM TECHNOLOGIES CO, INC: COMPANY SNAPSHOT

TABLE 35.JAKCOM TECHNOLOGIES CO, INC: OPERATING SEGMENTS

TABLE 36.MCLEAR LTD: COMPANY SNAPSHOT

TABLE 37.MCLEAR LTD: OPERATING SEGMENTS

TABLE 38.NYMI, INC: COMPANY SNAPSHOT

TABLE 39.NYMI, INC: OPERATING SEGMENTS

TABLE 40.SAMSUNG ELECTRONICS CO. LTD.: COMPANY SNAPSHOT

TABLE 41.SAMSUNG ELECTRONICS CO. LTD.: OPERATING SEGMENTS

TABLE 42.SONY CORPORATION: COMPANY SNAPSHOT

TABLE 43.SONY CORPORATION: OPERATING SEGMENTS

TABLE 44.XIAOMI CORPORATION: COMPANY SNAPSHOT

TABLE 45.XIAOMI CORPORATION: OPERATING SEGMENTS

 
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