Global NFC-enabled Handsets Market Growth 2025-2031
Description
The global NFC-enabled Handsets market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
NFC-enabled handsets refer to smartphones that are equipped with Near Field Communication (NFC) technology. NFC is a short-range wireless communication technology that allows devices to exchange data over very short distances. Phones with NFC functionality can interact with other NFC devices by touching or bringing them close together, enabling actions such as information transfer and payment without the need for traditional Bluetooth or Wi-Fi connections.
This technology is widely used in mobile payments, electronic access control, public transportation cards, file sharing, and device pairing, among others. These smartphones typically integrate NFC chips and antennas, allowing them to easily interact with other NFC-enabled devices, such as smart cards, point-of-sale terminals, and NFC tags.
As smartphones become more widespread and mobile payments continue to grow, NFC functionality has become a key feature in modern smartphones. It not only enhances user convenience but also supports the development of a smarter lifestyle ecosystem, laying the groundwork for future Internet of Things (IoT) applications. With technological advances, NFC's applications continue to expand, from initial payment functions to comprehensive cross-industry solutions, making NFC-enabled handsets an essential tool in many business and everyday scenarios.
Market Development Opportunities & Main Driving Factors
The market for NFC-enabled handsets is rapidly growing, primarily driven by the widespread adoption of smartphones and the increasing demand for mobile payments. As NFC technology matures and consumers seek more convenient payment methods, an increasing number of handset manufacturers are making NFC a standard feature. This trend not only drives market growth for NFC-enabled phones but also fosters the development of related industries such as payment terminals, smart cards, and electronic access control. In regions like Asia-Pacific, the rise of mobile payments and cashless societies is expected to further boost the demand for NFC functionality.
Market Challenges, Risks, & Restraints
Despite the significant market potential for NFC-enabled handsets, there are challenges and risks. Firstly, the adoption of NFC technology varies globally, and infrastructure differences across regions could impact the market penetration of NFC phones. Secondly, with rapid technological advancements and increasingly diverse consumer demands, NFC functionality could face the risk of being replaced by other technologies, such as QR code payments. Furthermore, security concerns related to NFC technology, including data privacy and payment security, are critical issues that could restrict the further development of the market.
Downstream Demand Trends
Downstream demand is primarily driven by the continuous expansion of mobile payments and smart living applications. As more retailers, transportation systems, and financial institutions adopt NFC payment technology, the demand for NFC-enabled handsets is gradually increasing. In the future, with the growth of the Internet of Things (IoT) applications, NFC will play an important role not only in payment functions but also in areas such as smart homes, health management, and identity verification. Especially among younger generations, who have a higher acceptance of new technologies, the demand for NFC-enabled handsets is expected to continue to rise.
LP Information, Inc. (LPI) ' newest research report, the “NFC-enabled Handsets Industry Forecast” looks at past sales and reviews total world NFC-enabled Handsets sales in 2024, providing a comprehensive analysis by region and market sector of projected NFC-enabled Handsets sales for 2025 through 2031. With NFC-enabled Handsets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NFC-enabled Handsets industry.
This Insight Report provides a comprehensive analysis of the global NFC-enabled Handsets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NFC-enabled Handsets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NFC-enabled Handsets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NFC-enabled Handsets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NFC-enabled Handsets.
This report presents a comprehensive overview, market shares, and growth opportunities of NFC-enabled Handsets market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Feature Phones
Smartphones
Segmentation by Application:
Mobile Payment
ID Authentication
Transit Fare Collection
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Samsung Electronics
Apple
Huawei
Xiaomi
Lenovo
Sony
LG Electronics
ZTE
OPPO
Vivo
Acer
BlackBerry
HTC
LG
Microsoft
Motorola
Alcatel
Brunswick
Citrix
Fujitsu
Gionee
Lumigon
OnePlus
Key Questions Addressed in this Report
What is the 10-year outlook for the global NFC-enabled Handsets market?
What factors are driving NFC-enabled Handsets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do NFC-enabled Handsets market opportunities vary by end market size?
How does NFC-enabled Handsets break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
NFC-enabled handsets refer to smartphones that are equipped with Near Field Communication (NFC) technology. NFC is a short-range wireless communication technology that allows devices to exchange data over very short distances. Phones with NFC functionality can interact with other NFC devices by touching or bringing them close together, enabling actions such as information transfer and payment without the need for traditional Bluetooth or Wi-Fi connections.
This technology is widely used in mobile payments, electronic access control, public transportation cards, file sharing, and device pairing, among others. These smartphones typically integrate NFC chips and antennas, allowing them to easily interact with other NFC-enabled devices, such as smart cards, point-of-sale terminals, and NFC tags.
As smartphones become more widespread and mobile payments continue to grow, NFC functionality has become a key feature in modern smartphones. It not only enhances user convenience but also supports the development of a smarter lifestyle ecosystem, laying the groundwork for future Internet of Things (IoT) applications. With technological advances, NFC's applications continue to expand, from initial payment functions to comprehensive cross-industry solutions, making NFC-enabled handsets an essential tool in many business and everyday scenarios.
Market Development Opportunities & Main Driving Factors
The market for NFC-enabled handsets is rapidly growing, primarily driven by the widespread adoption of smartphones and the increasing demand for mobile payments. As NFC technology matures and consumers seek more convenient payment methods, an increasing number of handset manufacturers are making NFC a standard feature. This trend not only drives market growth for NFC-enabled phones but also fosters the development of related industries such as payment terminals, smart cards, and electronic access control. In regions like Asia-Pacific, the rise of mobile payments and cashless societies is expected to further boost the demand for NFC functionality.
Market Challenges, Risks, & Restraints
Despite the significant market potential for NFC-enabled handsets, there are challenges and risks. Firstly, the adoption of NFC technology varies globally, and infrastructure differences across regions could impact the market penetration of NFC phones. Secondly, with rapid technological advancements and increasingly diverse consumer demands, NFC functionality could face the risk of being replaced by other technologies, such as QR code payments. Furthermore, security concerns related to NFC technology, including data privacy and payment security, are critical issues that could restrict the further development of the market.
Downstream Demand Trends
Downstream demand is primarily driven by the continuous expansion of mobile payments and smart living applications. As more retailers, transportation systems, and financial institutions adopt NFC payment technology, the demand for NFC-enabled handsets is gradually increasing. In the future, with the growth of the Internet of Things (IoT) applications, NFC will play an important role not only in payment functions but also in areas such as smart homes, health management, and identity verification. Especially among younger generations, who have a higher acceptance of new technologies, the demand for NFC-enabled handsets is expected to continue to rise.
LP Information, Inc. (LPI) ' newest research report, the “NFC-enabled Handsets Industry Forecast” looks at past sales and reviews total world NFC-enabled Handsets sales in 2024, providing a comprehensive analysis by region and market sector of projected NFC-enabled Handsets sales for 2025 through 2031. With NFC-enabled Handsets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NFC-enabled Handsets industry.
This Insight Report provides a comprehensive analysis of the global NFC-enabled Handsets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NFC-enabled Handsets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NFC-enabled Handsets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NFC-enabled Handsets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NFC-enabled Handsets.
This report presents a comprehensive overview, market shares, and growth opportunities of NFC-enabled Handsets market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Feature Phones
Smartphones
Segmentation by Application:
Mobile Payment
ID Authentication
Transit Fare Collection
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Samsung Electronics
Apple
Huawei
Xiaomi
Lenovo
Sony
LG Electronics
ZTE
OPPO
Vivo
Acer
BlackBerry
HTC
LG
Microsoft
Motorola
Alcatel
Brunswick
Citrix
Fujitsu
Gionee
Lumigon
OnePlus
Key Questions Addressed in this Report
What is the 10-year outlook for the global NFC-enabled Handsets market?
What factors are driving NFC-enabled Handsets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do NFC-enabled Handsets market opportunities vary by end market size?
How does NFC-enabled Handsets break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
148 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for NFC-enabled Handsets by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for NFC-enabled Handsets by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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