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LAMEA Near Field Communication (NFC) Market 2016 - Forecasts to 2022 - Research and MarketsResearch and Markets has announced the addition of the "LAMEA Near Field Communication (NFC) Market (2016-2022)" report to their offering. In LAMEA, South Africa is among the top country for using NFC tags, chips for many applications such as credit card, mobile banking and also in cricket. First National Bank (FNB) of South Africa has facilitated its customers to redeem mobile coupons and vouchers using the mobile banking app directly at the point of sale. One of the hot spot in the Middle Eastern region is Dubai, where RTA announced that they had launched NFC ticketing services in 2013. In LAMEA, different banks are partnering with the near field communication technology providers to introduce their products and services. Although NFC has not reached a critical mass in the Middle Eastern region, it has an active customer base that continues to grow. Over the last few years, a regular shift towards the adoption of contactless technologies and increasing contactless tap and play approach is rapidly developing in the UAE that directly affects the LAMEA market. Based on the product type, the LAMEA NFC market is segmented into auxiliary and non-auxiliary NFC type. Auxliary NFC products are subdivided into NFC based sim card and others (NFC card, NFC Cover). Non-auxiliary type is sub-segmented into NFC Chips, NFC Tags and NFC Reader. NFC reader garnered maximum revenue in 2014. LAMEA NFC market, based on device type, is segmented across smartphone & tablets, pc & laptops and other devices (Infotainment, headsets). Further, the market covers different NFC applications that include mobile/contactless payment, information sharing, user authentication & access control, healthcare, and others (service initiation, ticketing, advertising/marketing, and inventory management). Among all these applications, mobile/contactless payment is the most popular application segment that has contributed maximum revenue in 2014 of the total market. The advancement in healthcare sector has initiated the utility of NFC for many applications, and hence, forecasted to be one of the most lucrative areas for NFC during the forecast period. Based on country, NFC market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. South Africa remained the dominant region in the LAMEA NFC market in 2014. The report covers the analysis of key stake holders of the NFC market. Key companies profiled in the report include - Infineon Technologies AG (News - Alert) - Apple Inc. - Sony Corporation - Toshiba Corporation - NXP Semiconductors N.V. - Texas Instruments (News - Alert) Incorporated - STMicroelectronics N.V. - Broadcom Limited - INSIDE Secure - SAMSUNG Electronics Co. Ltd For more information visit http://www.researchandmarkets.com/research/mt7w8g/lamea_near_field About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on businesswire.com: http://www.businesswire.com/news/home/20160623005406/en/ |
